What is Augment Therapy?
Augment Therapy is an innovative digital health company founded by a team of doctors and therapists. They have developed an augmented reality (AR) application delivered via a mobile platform, designed to enhance the engagement and effectiveness of therapeutic exercises. By leveraging AR technology, Augment Therapy aims to transform traditional rehabilitation and physical therapy into a more interactive and motivating experience for patients.
How much funding has Augment Therapy raised?
Augment Therapy has raised a total of $2.4M across 2 funding rounds:
Angel/Seed
$1.4M
Other Financing Round
$1M
Angel/Seed (2021): $1.4M with participation from KidsX Investor Network, VisionTech Partners, Next Act Fund, and BlueTree Allied Angels
Other Financing Round (2023): $1M led by CareSource
Key Investors in Augment Therapy
CareSource
CareSource is a national leader in managed care, operating multi-state health plans including Medicaid and Medicare Advantage programs. Their investment suggests a strategic interest in innovative healthcare delivery models that improve patient well-being.
KidsX Investor Network
KidsX Investor Network is an accelerator and investor group focused on pediatric innovation, indicating a strong belief in Augment Therapy's potential within the pediatric rehabilitation market.
Next Act Fund
Next Act Fund is an investment organization focused on supporting women-owned and led companies, highlighting a commitment to diverse leadership and economic empowerment through early-stage investments.
What's next for Augment Therapy?
With the recent major strategic investment, Augment Therapy is poised for significant expansion and further development of its AR-based therapeutic solutions. The company's focus on making therapeutic exercises more engaging aligns with the growing demand for digital health innovations that improve patient adherence and outcomes. Future growth is likely to involve scaling its platform, enhancing AR capabilities, and potentially forging new partnerships within the healthcare ecosystem to broaden its reach and impact.
See full Augment Therapy company page
