How Much Did AppliedVR Raise?
Funding & Key Investors

AppliedVR has successfully secured a total of $71.4M in capital, marking a significant milestone in the evolution of digital therapeutics. The company recently finalized a major strategic investment of $36M, reinforcing its position as a frontrunner in the medical technology sector. This influx of financing underscores the growing market confidence in virtual reality-based interventions as a viable, non-pharmacological alternative for managing complex health conditions.

The firm's growth trajectory, characterized by a series of successful capital raises, reflects its transition from an early-stage innovator to a scaling enterprise. By leveraging this recent backing, AppliedVR is well-positioned to accelerate its clinical development and expand its reach within the healthcare ecosystem.

What is AppliedVR?

AppliedVR
SoftwareHealthcare SoftwareHealthcare Services

AppliedVR is a pioneering force in the digital therapeutics industry, specializing in the development of virtual reality-based treatments designed to address the multifaceted challenges of chronic pain. By integrating immersive technology with evidence-based clinical practices, the company provides patients with scalable, accessible, and effective tools for pain management. Their platform serves as a critical bridge between traditional medical care and modern digital health, aiming to improve patient outcomes while reducing reliance on conventional pharmaceutical interventions. As the sector for digital health continues to mature, AppliedVR remains at the forefront, setting industry standards for therapeutic efficacy and user-centric design.

How much funding has AppliedVR raised?

AppliedVR has raised a total of $71.3M across 4 funding rounds:

2016

Angel/Seed

$6M

2020

Debt

$350K

2021

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 Cedars-Sinai, F-Prime Capital, JAZZ Venture Partners, Magnetic Ventures, GSR Ventures, and Sway Ventures

Series B (2021): $36M featuring SVB Ventures, F-Prime Capital Partners, JAZZ Venture Partners, and Sway Ventures

Key Investors in AppliedVR

F-Prime Capital Partners

A venture capital firm with a deep focus on healthcare and technology, leveraging a team of doctors and scientists to support transformative medical innovations.

JAZZ Venture Partners

A specialized VC firm that invests in technologies designed to enhance human performance and well-being across the healthcare and consumer sectors.

Sway Ventures

A venture capital firm focused on backing industry-disrupting founders, providing strategic support from the early stages through to exit.

What's next for AppliedVR?

With the recent infusion of capital, AppliedVR is poised to scale its operations and deepen its clinical research initiatives. The strategic focus will likely shift toward broader commercialization and the integration of its VR platforms into standard hospital workflows and home-based care settings. By prioritizing regulatory milestones and expanding its therapeutic pipeline, the company aims to solidify its market leadership. The ongoing support from high-profile venture partners suggests a long-term commitment to transforming the landscape of pain management through technological innovation and rigorous scientific validation.

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Frequently Asked Questions Regarding AppliedVR Financial Insights

What are the most recent funding rounds that AppliedVR has completed, and what were the funding rounds?
AppliedVR has recently completed 3 funding rounds: Series B on Nov 11, 2021, Series A on Mar 23, 2021, Debt on Apr 8, 2020.
What is the total amount of funding AppliedVR has raised to date?
AppliedVR has raised a total of $71.3M in funding to date.
How many funding rounds has AppliedVR completed?
AppliedVR has completed 3 funding rounds.
How much funding did AppliedVR raise in its most recent funding round?
AppliedVR raised $36M in its most recent funding round.
Who are the lead investors in AppliedVR's latest funding round?
The lead investor in AppliedVR's latest funding round was SVB Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in AppliedVR's history?
The largest funding round in AppliedVR's history was $36M.
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