What is AppliedVR?
AppliedVR is at the forefront of digital therapeutics, leveraging virtual reality (VR) technology to create innovative treatment solutions. The company's core focus is on addressing the multifaceted challenges of chronic pain through immersive VR experiences. By developing evidence-based digital interventions, AppliedVR aims to provide effective, non-pharmacological alternatives for patients suffering from persistent pain, positioning itself as a leader in the rapidly evolving digital health landscape.
How much funding has AppliedVR raised?
AppliedVR has raised a total of $71.3M across 4 funding rounds:
Angel/Seed
$6M
Debt
$350K
Series A
$29M
Series B
$36M
Angel/Seed (2016): $6M with participation from Techstars
Debt (2020): $350K led by PPP
Series A (2021): $29M supported by F-Prime Capital, GSR Ventures, Sway Ventures, Magnetic Ventures, JAZZ Venture Partners, and Cedars-Sinai
Series B (2021): $36M featuring SVB Ventures, Sway Ventures, F-Prime Capital Partners, and JAZZ Venture Partners
Key Investors in AppliedVR
F-Prime Capital
F-Prime Capital is a venture capital firm established in 2002, focusing on investments in healthcare and technology. Their team of investors, engineers, doctors, and scientists are dedicated to backing innovative companies within these sectors.
GSR Ventures
GSR Ventures is a venture capital firm that invests in technology companies, particularly those with strong potential for growth and market disruption. They are known for supporting innovative startups in various technology domains.
Sway Ventures
Sway Ventures is a venture capital firm that invests in transformative innovations and supports industry-disrupting founders from inception to exit, with a focus on foundational industries like Finance, Real Estate, Retail, and Supply Chain.
What's next for AppliedVR?
The recent major strategic investment signals a new phase of growth and scaling for AppliedVR. This capital infusion is expected to accelerate the company's product development, expand its clinical research initiatives, and broaden its market reach. With a clear focus on advancing VR-based treatments, AppliedVR is poised to further solidify its position in the digital therapeutics market, potentially driving significant advancements in patient care for chronic pain and other complex medical conditions.
See full AppliedVR company page
