AppliedVR, developer of virtual reality therapeutics, has scooped up $36 million in Series B funding months after it closed a Series A round.
The Series B, which included investments from F-Prime Capital, JAZZ Venture Partners, Sway Ventures and SVB Ventures, brought the company’s total raise to $71 million.
WHAT IT DOES
AppliedVR creates virtual reality technology for healthcare applications,...
Curebase, a platform for decentralized clinical trials, is partnering with AppliedVR to run five trials to test the effectiveness of virtual reality for treating chronic pain.
The companies said the one-year partnership will focus on studying a self-administered, at-home VR therapy program. Curebase will manage patient recruitment, consent, and engagement, and collect patient-reported outcomes...
Digital mental health company Ginger landed $100 million in a Series E funding round led by Blackstone Growth. This round comes less than a year after the company closed a $50 million Series D round.
The company offers on-demand behavioral health coaching and video therapy. It has worked with the employer market to offer virtual therapy and psychiatry sessions.
The new money will go towards...
New research on therapeutic virtual reality reports that an in-home, interactive program for chronic pain appeared superior to a non-interactive sham app experience for reducing multiple measures of pain among participants with self-reported chronic low back pain.
Published earlier this week in JMIR, the study was funded by therapeutic VR company AppliedVR and conducted by its employees alongside...
Virtual reality company AppliedVR has landed an FDA Breakthrough Device designation for its technology designed to treat fibromyalgia and chronic lower back pain. The tool, named EaseVRx, combines a VR headset with visual and audio programs that deliver cognitive behavioral therapy (CBT), relaxation, and mindfulness training, as well as other behavioral methods to give what it calls “self-...
VR for pain. A new study published by JMIR found that virtual reality was a feasible and scalable means of treating chronic pain. The study, which used AppliedVR’s technology, split participants into two groups: a VR cohort and an audio one.
Participants in the VR group were mailed a headset, with accompanying software, speakers and microphone. Participants in this group were asked to complete...
Virtual reality treatment startup AppliedVR announced a collaboration with the National Institutes of Health’s National Cancer Institute that aims to explore whether or not the immersive technology can reduce anxiety among patients with terminal cancer. The phase 1 study will enroll patients from the institute’s designated cancer centers, and could yield a follow-up phase 2 investigation...
At HIMSS last week, Samsung announced a partnership with Travelers Insurance, Cedars-Sinai Medical Center, Bayer, and AppliedVR around using virtual reality for pain management. Samsung and Travelers will fund a 16-month study of between 90 and 140 patients, conducted at Cedars using technology from Samsung, Bayer, and AppliedVR.
"We just completed a randomized control trial that shows you can...
When a hospital wants to deploy a new technology, a major decision is whether to partner with a company or build it themselves. Building something uses a lot more resource, but the tradeoff is control — the organization can create exactly what they need.
Cedars-Sinai Medical Center in Los Angeles is one of a handful of hospitals around the country that’s discovered a third option. By partnering...
Cedars-Sinai and Techstars announced the 11 companies that will join its first digital health accelerator class.
The two organizations first announced their plan to launch a digital health accelerator in Los Angeles last year, in October. The accelerator program aims to work with companies that are developing hardware or software offerings that help patients manage and improve their health or...
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