How Much Did SpellBound Raise?
Funding & Key Investors

SpellBound, a company specializing in augmented reality solutions for pediatric healthcare, has secured $72K in total investment. The company recently announced a funding round of $72K, described as substantial expansion capital, following its most recent financing date on January 20, 2021. This latest capital infusion positions SpellBound for significant growth in its mission to enhance the patient experience.

What is SpellBound?

SpellBound
SoftwareHealthcare SoftwareMobile App Development

SpellBound AR is at the forefront of integrating mobile augmented reality into pediatric healthcare settings. Their innovative solutions are designed to transform the experience for young patients in hospitals and private practices. The company's product suite encompasses engaging waiting room activities, art and music therapy tools, mobility aids, and educational resources, all aimed at captivating and comforting children during their medical journeys. By focusing on improving patient engagement before, during, and after procedures, SpellBound aims to ensure a positive and less stressful healthcare cycle for children. Healthcare providers seeking to modernize patient care and elevate the experience for their youngest patients are the primary target market for SpellBound's technology.

How much funding has SpellBound raised?

SpellBound has raised a total of $72K across 1 funding round:

2021

Debt

$72K

Debt (2021): $72K with participation from PPP

What's next for SpellBound?

With the recent influx of substantial expansion capital, SpellBound is poised to accelerate its market penetration and further develop its AR-driven patient engagement platforms. The company's strategic focus on the pediatric healthcare sector, coupled with its commitment to enhancing patient experience through technology, suggests a trajectory towards becoming a leader in this niche. Future developments may include expanding the therapeutic applications of their AR solutions, forging deeper partnerships with healthcare systems, and potentially exploring adjacent markets that could benefit from immersive patient engagement tools. The company's growth will likely be characterized by scaling its operational capacity and refining its product offerings to meet the evolving needs of healthcare providers and young patients.

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Frequently Asked Questions Regarding SpellBound Financial Insights

What are the most recent funding rounds that SpellBound has completed, and what were the funding rounds?
SpellBound has recently completed 1 funding rounds: Debt on Jan 20, 2021.
What is the total amount of funding SpellBound has raised to date?
SpellBound has raised a total of $72K in funding to date.
How many funding rounds has SpellBound completed?
SpellBound has completed 1 funding rounds.
How much funding did SpellBound raise in its most recent funding round?
SpellBound raised $72K in its most recent funding round.
Who are the lead investors in SpellBound's latest funding round?
The lead investor in SpellBound's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in SpellBound's history?
The largest funding round in SpellBound's history was $72K.
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