Ceribell (CBLL) is a publicly traded Non-Invasive Clinical EEG company founded in 2014 and based in Sunnyvale, United States.
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| Oct 11, 2024 | IPO | $207.3M | — | — |
| Sep 21, 2022 | Series C | $50M | — | Ally Bridge Group |
| Apr 1, 2021 |
| Series C |
| $53M |
| — |
| Longitude Capital, The Rise Fund |
| Sep 1, 2018 | Series B | $35M | — | Optimas Capital Partners Fund, The Rise Fund |
Ceribell reported Q2 2026 revenue of $28.1 million, a 33% increase from $21.2 million in Q2 2025. Product revenue grew 33% to $21.2 million and subscription revenue grew 30% to $6.9 million, driven by new account additions and increased utilization within the 712 active accounts. Gross margin expanded to 92% from 88% year-over-year, benefiting from manufacturing cost reductions, a new Vietnam production line, and a one-time tariff refund. Operating expenses rose 37% to $45.9 million, driven by commercial team expansion, headcount growth, and IP litigation costs against Natus Medical. Net loss widened to $19.3 million or $0.51 per share from $13.6 million or $0.38 per share. Adjusted EBITDA loss improved slightly to $9.8 million from $10.0 million. The company raised full-year 2026 revenue guidance to $114–117 million, representing 28–31% growth. FDA cleared two algorithm updates and next-generation hardware designs; CMS awarded an NTAP code for delirium monitoring effective October 1, 2026. Cash and equivalents totaled $129.3 million as of June 30; in August, Ceribell secured a new $60 million credit facility.
Full-year 2026 revenue $114–117 million (28–31% growth)
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Rapid-deployment, FDA-cleared point-of-care EEG system designed for emergency departments and ICUs. Applies in minutes with minimal training using a lightweight headband form-factor rather than gel-electrode caps. Streams continuous EEG wirelessly to a bedside hub, enabling persistent seizure monitoring for critically ill patients who cannot access conventional EEG labs.
FDA-cleared AI algorithm that automatically detects electrographic seizures from the Ceribell EEG data stream, calculates a seizure burden score over rolling 5-minute windows, and generates real-time alerts. As of November 2025, cleared for all patient ages from preterm neonates through adults — the only such FDA-cleared technology with pan-age coverage. Designed to reduce time-to-diagnosis for non-convulsive seizures in ICU patients who may show no visible symptoms.
4 patents on file, but none with both an extractable figure and an abstract on Google Patents yet.