Brand Engagement Network (BEN) develops conversational AI assistants and human-like AI avatars that handle customer engagement at scale across industries such as healthcare, automotive, and financial services. Its platform uses a proprietary Engagement Language Model (ELM) and retrieval-augmented generation, with multimodal voice, vision, and expression capabilities. BEN went public on Nasdaq under ticker BNAI in March 2024 via a SPAC merger with DHC Acquisition Corp.
Brand Engagement Network (BEN) is publicly traded
This company is no longer available on our private secondary market. Shares can be traded publicly under its listed ticker.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2018
Employees
11–50
Total Funding
$12.07M
4 rounds
Last Private Valuation
$0.36B
Mar 14, 2024
Completed acquisition of Cataneo GmbH, an enterprise ad-tech platform, nearly doubling total assets to $30.7M
Balance-sheet strengthening and diversification into recurring ad-tech revenue
Formalized 3-year employment agreement making Tyler Luck permanent CEO; filing confirms he has served as CEO since Sept 14, 2025
Leadership stabilized under founder-CEO after interim CEO Janine Grasso's Sept 2025 resignation
Closed a series of 2026 private placements with Ben Capital Fund I, LLC (Jan/Mar, Apr, Jun) totaling roughly $3.5M plus warrant/debt-conversion proceeds
Small, dilutive equity raises at declining share prices signal ongoing liquidity strain rather than a growth round
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $12.07M across 4 rounds
Last updated 09-17-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Mar 14, 2024 | Strategic — AFG Companies | $5.5M | $0.36B | AFG Companies |
| Oct 15, 2023 | Private placement | $4M | $0.25B *estimated | Genuine Lifetime LLC |
| Sep 29, 2023 | Strategic — AFG Companies | $1M | $0.25B *estimated | AFG Companies |
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Entry · Strategic — AFG Companies
$250M
Sep 2023
Brand Engagement Network (BEN) today
$358M
Mar 2024 · latest mark
Brand Engagement Network (BEN) multiple
1.4x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Tyler J. Luck
Chief Executive Officer, Co-Founder & Director
Walid Khiari
Chief Financial Officer & Chief Operating Officer
Patrick O. Nunally
Chief Scientist & Co-Chief Technology Officer
Ruy Carrasco, MD
Chief Informatics Medical Officer & Director
James D. Henderson, Jr.
General Counsel & Corporate Secretary
Jon Leibowitz
Chairperson of the Board
BEN has traded on the Nasdaq Stock Market as BNAI since March 15, 2024, the day after it completed its business combination with the SPAC DHC Acquisition Corp.; its public warrants trade as BNAIW. Nasdaq notified the company on December 30, 2024 that it had fallen below the $1.00 minimum bid price for continued listing, and BEN effected a 1-for-10 reverse stock split in December 2025; both classes of security remain listed.
Brand Engagement Network (BEN) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker to place an order.
Brand Engagement Network (BEN) had a valuation of approximately $0.36B at the time of its public offering. Current market capitalization fluctuates with the share price.
Brand Engagement Network (BEN) raised $12.07M across 4 disclosed funding rounds prior to its public listing.
Brand Engagement Network (BEN) was founded by Tyler J. Luck in 2018.
Brand Engagement Network (BEN) is headquartered in Wilmington, United States.
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