TruBrain

CBD-Infused "Brain Food"

Company Information

Website:

https://trubrain.com/

Sector:

Nutrition

Location:

Santa Monica, CA

TruBrain sells products aimed at boosting cognitive performance.

Developed by UCLA-trained neuroscientists, this company’s supplements, drinks, and power bars — what it collectively calls “brain food” — are designed to:

• Improve a person’s verbal fluency.

• Help them avoid distractions.

• And overcome mental blocks while conquering procrastination.

TruBrain has generated nearly $12 million in lifetime sales, and raised more than $1.5 million from notable investors including Sherpa Capital and 500 Startups.

Now the company is seeking additional capital to create a new product that will incorporate CBD, a chemical compound that’s been proven to help reduce stress and anxiety.

According to the Brightfield Group, research analysts focused on the cannabis industry, the CBD market in the U.S. could reach $22 billion by 2022.

Team Background

Arif Fazal - Director
Christopher Thompson - CEO
Alyssa Warth -
Justin Greely -

Co-Investors

500 Startups

Prominent seed fund and accelerator program founded by PayPal and Google alumni. Investments include AngelList, Unbounce, and Behance.

Blueberry Ventures

A VC firm focused on startups in the food & beverage industry.

Sherpa Capital

A VC fund investing in emerging technology-enabled companies. Portfolio includes Luxe, Pillow, and Beepi.

Raising
$1.07 million
Committed
$152K (14%)
Current Valuation
$19 million
Min. Investment
$351
Deal Type
Title III
(For all investors)
Offering Type
Equity
Finance History
  • $1.40 million
    2015-05-07
    Unknown
    (Seed)
Notable Investors
  • 500 Startups
  • Blueberry Ventures
  • Sherpa Capital
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