Boston-based virtual reality platform XRHealth announced it secured $6 million in funding, led by Asabys Partners, with participation from NOVA Prime Fund and the company's current investors.
WHAT IT DOES
XRHealth's platform allows patients with stress and anxiety, chronic pain, fibromyalgia, and neurological conditions to connect with a provider via telehealth and receive recommended therapies...
Virtual reality-based mental health company XRHealth revealed plans to send a VR headset to space for mental health treatment during an upcoming space mission launching on November 7.
In collaboration with Nord-Space Aps and HTC Vive, XRHealth engineered the Vive Focus 3 headset to withstand the conditions of space by using a simulator mode and specialized tracking methodology through the...
Mental health platform Headway announced it closed a $125 million Series C funding round led by Spark Capital, boosting its valuation to more than $1 billion.
Existing investors a16z, Accel and Thrive participated in the round, as well as new strategic investors led by Health Care Service Corp.
Will Reed, general partner at Spark Capital, will join the company's board of directors.
WHAT THEY...
Virtual mental health platform Valera Health announced it is now an in-network provider for Humana Medicare Advantage members in 10 states in the U.S., with nationwide expansion expected in September.
Valera offers a virtual platform for high-acuity patients aged six and above with serious mental illness and severe depression. The company matches patients to a health coach, who helps them find a...
Digital mental health company Mindstrong is laying off 128 employees and permanently closing its headquarters in Menlo Park, according to a California WARN notice.
According to reporting by Behavioral Health Business, the layoffs will include many of the company's C-suite executives, including its CEO, chief technology officer and chief financial officer.
Mindstrong offered 24/7 virtual mental...
New Jersey-based virtual psychiatry and therapy platform Array Behavioral Care scored $25 million in its latest funding round led by CVS Health. Additional capital was provided by existing investors.
CVS Health joins Array's earlier investors in supporting the company, including Wells Fargo Strategic Capital, Harbour Point Capital, Health Velocity Capital, OSF Healthcare, HLM Venture Partners and...
Valera Health announced that it has raised $44.5 million in a growth equity financing round led by Heritage Group.
Others participating in the raise include Horizon Healthcare Services and Cigna Ventures, as well as existing investors Windham Ventures, AXA Venture Partners, Aquiline Technology Partners, Trinnovate Ventures, Figure Eight Investments, Watershed VC and Alsora Capital.
According to...
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