XRHealth Overview
XRHealth is focused on bringing patient care into the virtual world. The company operates therapeutic care virtual rooms through the use of proprietary FDA- and CE-registered medical extended reality (XR) technology, including virtual and augmented reality. XRHealth integrates immersive XR technology, licensed clinicians, and advanced data analytics on one platform, providing a comprehensive therapeutic care solution that enables patients to receive treatment from the comfort of home. The company offers a variety of patent-pending solutions ranging from rehabilitation services to cognitive assessment and training to pain management. XRHealth works with several world-renowned U.S. healthcare providers, hospitals, and rehabilitation centers.
Cumulative Funding Raised Over Time ($)
$7.0MApr 2020
$10.3MAug 2017
$11.4MAug 2017
$21.4MFeb 2022
$22.2MJan 2017
$28.2MJan 2024
$28.2MJun 2019
$37.2MJun 2021
Latest News
growth-positive
XRHealth acquires cognitive training VR company NeuroReality
XRHealth, a Boston-based therapeutic extended reality platform, has acquired NeuroReality, a cognitive training VR platform, along with its main product, Kojis Quest. This acquisition is aimed at enhancing XRHealths offerings in the cognitive and physical rehabilitation space. XRHealth is known for its immersive medical XR experiences and has been actively expanding its capabilities through acquisitions and funding. The company recently secured $6 million in funding and has previously acquired Amelia Virtual Care. XRHealth is also involved in innovative projects, such as sending a VR headset into space for astronauts mental health and developing a learning system technology that integrates with Apple devices. This acquisition aligns with XRHealths mission to build the largest XR healthcare platform globally.
Acquisition
growth-positive
"הרגשתי כמו מת בגוף של חי. עשיתי מה שצריך"
XRHealth, an Israeli company, has launched a project called Back to Life to provide VR therapy for reservists dealing with post-traumatic stress following the recent conflict. The initiative, supported by donations and partnerships with various organizations, aims to help soldiers transition back to civilian life. The therapy involves using VR headsets for guided exercises to manage stress and anxiety. The project has shown positive results, with participants like Dvir experiencing improved mental and emotional well-being. XRHealths efforts highlight the companys commitment to addressing mental health needs, especially for military personnel.
Partners
To help an astronaut, this company took a virtual space into outer space
growth-positive
Virtual reality platform XRHealth scores $6M
Boston-based virtual reality platform XRHealth has secured $6 million in funding, led by Asabys Partners and NOVA Prime Fund. The platform allows patients with various conditions to connect with a provider via telehealth and receive recommended therapies on a virtual reality headset. Last year, XRHealth merged with Barcelona-based Amelia Virtual Care, a VR platform for mental health professionals. The recent funding round solidified the completion of that merger. The investment will be used to support the growth of the combined companies and for the development of XRHealths portfolio.
InvestmentAcquisitionPartners
growth-positive
New Study Published in BMC Proves the Effectiveness of Treating Lower Back and Neck Pain in the Metaverse
XRHealth, a leading healthcare platform in spatial computing, has published a study demonstrating the effectiveness of its VR technology in treating lower back and neck pain. The study involved 82 individuals with non-specific low back pain and neck pain disorders who received exercise therapy solely using virtual reality therapy. The results showed a significant reduction in disability from lower back pain by 17.8% and neck pain by 23.2%. XRHealths technology allows patients to exercise at home, making the therapeutic process easier.
CustomersPartners
| Sector | Health Tech & Life Sciences |
Funding
| Total funding | $37.73M |
| Last funding | $6M |
| Stage | A |
| Rounds | 10 |
| Investors | 12 |
Team Members
3
Employees: 51-200
Web & Social Links
| Website | www.xr.health/ |
| Careers | Careers page |
| App Store | App Store |
| Google Play | Google Play |
Locations
Shoken 32, Tel Aviv-Yafo, Israel
200 Highland Ave, Needham, MA 02494, USA
Photos & Videos
6 item(s)
XRHealth Business
Business models
B2B2C, B2C
Product stage
Released
Employees
51-200
Sector
Health Tech & Life SciencesDigital HealthcareDigital TherapeuticsTarget Customer
Healthcare & Life SciencesHealthcarePatientsInsurance CompaniesProvidersConsumersDemographics & FamilySeniorsCore Technology
Platforms & InterfacesSoftwareSimulation & ImagingAugmented RealityVirtual RealityArtificial IntelligenceTags (34)
parkinsonsoftware-applicationsmetaverseautismneurologyinsurance-companiestelehealthoncologyseniorshome-carepersonalizationaugmented-realitysensorsrehabilitationphysiotherapygamificationpatent-pendingdigital-healthcarevirtualizationmedical-devicespatientshealthcare-providersdoctorsvirtual-realityhospitalsartificial-intelligencepain-reliefar/vrwomenremote-monitoringtelemedicinemental-healthadhddigital-therapeuticsGeographic Markets
AustraliaUnited StatesEuropeXRHealth Financials
$37.73M
Total funding
Undisclosed
Capital raised
$6M
Last funding
A
Funding stage
10
Total rounds
12
Investors
Cumulative Funding Raised Over Time ($)
$7.0MApr 2020
$10.3MAug 2017
$11.4MAug 2017
$21.4MFeb 2022
$22.2MJan 2017
$28.2MJan 2024
$28.2MJun 2019
$37.2MJun 2021
Private Equity Funding
Undisclosed Round
Jan 2024
$6M
Sabadell Asabys VC (Lead)
,
NOVA Prime Fund
Undisclosed Round
Feb 2022
$10M
Bridges Israel, AARP, HTC Vive X, StartEngine.com
Undisclosed Round
Jun 2021
$9M
Discount Tech
A Round
Apr 2020
$7M
Bridges Israel (Lead)
,
Flint Capital, 20/20 HealthCare Partners
Undisclosed Round
Jun 2019
Undisclosed
Mediterranean Towers Ventures (Lead)
Seed
Aug 2017
$3.25M
Undisclosed Investor(s)
Equity crowdfunding
Aug 2017
$1.18M
ExitValley
Equity crowdfunding
Jan 2017
$750K
ExitValley
Non-Equity Funding
GrantEvent
Jun 2022
$100K
LG Technology Ventures (Lead)
GrantEvent
May 2020
$450K
Israel Innovation Authority
Mergers & Acquisitions
MNAEvent
Apr 2023
Undisclosed
XRHealth Lifecycle
Cumulative Funding Raised Over Time
$7.0MApr 2020
$10.3MAug 2017
$11.4MAug 2017
$21.4MFeb 2022
$22.2MJan 2017
$28.2MJan 2024
$28.2MJun 2019
$37.2MJun 2021
All Events
Undisclosed Round
Jan 2024
$6M
Sabadell Asabys VC (Lead)
,
NOVA Prime Fund
Undisclosed Round
Feb 2022
$10M
Bridges Israel, AARP, HTC Vive X, StartEngine.com
Undisclosed Round
Jun 2021
$9M
Discount Tech
A Round
Apr 2020
$7M
Bridges Israel (Lead)
,
Flint Capital, 20/20 HealthCare Partners
Undisclosed Round
Jun 2019
Undisclosed
Mediterranean Towers Ventures (Lead)
Seed
Aug 2017
$3.25M
Undisclosed Investor(s)
Equity crowdfunding
Aug 2017
$1.18M
ExitValley
Equity crowdfunding
Jan 2017
$750K
ExitValley
GrantEvent
Jun 2022
$100K
LG Technology Ventures (Lead)
GrantEvent
May 2020
$450K
Israel Innovation Authority
MNAEvent
Apr 2023
Undisclosed
XRHealth News
52 articles
growth-positive
XRHealth acquires cognitive training VR company NeuroReality
XRHealth, a Boston-based therapeutic extended reality platform, has acquired NeuroReality, a cognitive training VR platform, along with its main product, Kojis Quest. This acquisition is aimed at enhancing XRHealths offerings in the cognitive and physical rehabilitation space. XRHealth is known for its immersive medical XR experiences and has been actively expanding its capabilities through acquisitions and funding. The company recently secured $6 million in funding and has previously acquired Amelia Virtual Care. XRHealth is also involved in innovative projects, such as sending a VR headset into space for astronauts mental health and developing a learning system technology that integrates with Apple devices. This acquisition aligns with XRHealths mission to build the largest XR healthcare platform globally.
Acquisition
growth-positive
"הרגשתי כמו מת בגוף של חי. עשיתי מה שצריך"
XRHealth, an Israeli company, has launched a project called Back to Life to provide VR therapy for reservists dealing with post-traumatic stress following the recent conflict. The initiative, supported by donations and partnerships with various organizations, aims to help soldiers transition back to civilian life. The therapy involves using VR headsets for guided exercises to manage stress and anxiety. The project has shown positive results, with participants like Dvir experiencing improved mental and emotional well-being. XRHealths efforts highlight the companys commitment to addressing mental health needs, especially for military personnel.
Partners
To help an astronaut, this company took a virtual space into outer space
growth-positive
Virtual reality platform XRHealth scores $6M
Boston-based virtual reality platform XRHealth has secured $6 million in funding, led by Asabys Partners and NOVA Prime Fund. The platform allows patients with various conditions to connect with a provider via telehealth and receive recommended therapies on a virtual reality headset. Last year, XRHealth merged with Barcelona-based Amelia Virtual Care, a VR platform for mental health professionals. The recent funding round solidified the completion of that merger. The investment will be used to support the growth of the combined companies and for the development of XRHealths portfolio.
InvestmentAcquisitionPartners
growth-positive
New Study Published in BMC Proves the Effectiveness of Treating Lower Back and Neck Pain in the Metaverse
XRHealth, a leading healthcare platform in spatial computing, has published a study demonstrating the effectiveness of its VR technology in treating lower back and neck pain. The study involved 82 individuals with non-specific low back pain and neck pain disorders who received exercise therapy solely using virtual reality therapy. The results showed a significant reduction in disability from lower back pain by 17.8% and neck pain by 23.2%. XRHealths technology allows patients to exercise at home, making the therapeutic process easier.
CustomersPartners
growth-positive
XRHealth receives patent for closed loop biofeedback in VR, AR
XRHealth, a Boston-based virtual reality platform, has been awarded a U.S. patent for a learning system technology that adjusts training and treatment protocols according to a patients biometric and motion data. The technology will be used to combine Apple Watch with Apples new augmented reality headset, Apple Vision Pro, to provide AI-enabled treatment. In 2020, XRHealth received a patent for its biofeedback technology and secured $7 million in funding and a $450,000 grant from the Israeli Innovation Authority. In 2021, the company launched a VR program for chronic pain management in partnership with ehealth company Reducept.
InvestmentPartners
Growth-Positive
XRHealth and Amelia Virtual Care Announce Merger, Creating the Largest XR Therapeutics Platform in the World
Boston-based XRHealth and Barcelona-based Amelia Virtual Care have announced plans to merge under the XRHealth brand. The merger aims to create a therapeutic powerhouse capable of addressing both physical and mental health issues using XR/VR technology. The merger is facilitated by Asabys Partners, a Barcelona-based venture capital firm. The combined company is expected to deliver significant revenue in the coming months and become the leading XR/VR therapeutic solution in the market. The merger is subject to the execution of definitive contracts and approval by the shareholders of both companies.
AcquisitionPartners
growth-positive
Israeli AirForce Selects XRHealth to Evaluate Pilots for Potential Neck Injuries
The Israeli AirForce has selected XRHealth to evaluate pilots for potential neck injuries. XRHealths AR/VR therapy medical device will be used to evaluate and monitor neck injuries among pilots. Neck pain is common among pilots flying F-16 planes due to the aggressive maneuvers and strain on their necks. XRHealths solution, which measures neck and shoulder motion using AR/VR technology, was awarded a patent in July 2021. The company was founded by CEO Eran Orr, a former fighter pilot who experienced a neck injury. XRHealth aims to prevent and detect neck injuries early on for pilots.
Customers
growth-positive
XRHealth and HTC Introduce The First Distraction Therapy Virtual Reality Platform to Improve Patient Experience During Painful or Anxiety Provoking Medical Procedures
XRHealth and HTC VIVE have announced a new distraction therapy virtual reality platform to improve the patient experience during medical procedures. The solution combines XRHealth software with HTCs VIVE Flow glasses and aims to alleviate pain and anxiety for patients undergoing chemotherapy, surgery, MRIs, insulin shots, giving birth, burn trauma, and more. Virtual reality distraction therapy guides patients through meditation and exercises to minimize pain and anxiety. Clinical trials have shown that virtual reality therapy can be an effective adjunct to anesthesia for surgical procedures. The XRHealth software is FDA and CE registered and is used in hospitals worldwide. The partnership between XRHealth and HTC VIVE offers a new era of VR treatments for managing pain and anxiety.
CustomersPartners
growth-positive
XRHealth Publishes New Study Demonstrating that Virtual Reality Technology is Viable in Treating Upper Limb Dysfunction in Multiple Sclerosis Patients
A new study published in JMIR Serious Games demonstrates that XRHealths virtual reality software is safe, reliable, and engaging for patients with upper limb dysfunction caused by multiple sclerosis. The study shows that virtual reality therapy has the potential to improve functionality in patients upper limbs. XRHealth operates therapeutic care Virtual Clinics that utilize virtual and augmented reality technology for patient treatment. The company offers a range of solutions from rehabilitation services to cognitive assessment and training to pain management. The study highlights the effectiveness of XRHealths software in treating multiple sclerosis patients and provides a positive growth impact for the company.
Customers
Growth-Positive
XRHealth adds NeuroReality cognitive training to VR clinics
XRHealth, a provider of therapeutic virtual reality (VR) solutions, has announced a partnership with NeuroReality to add cognitive training to its virtual clinics. NeuroReality offers an immersive VR gaming experience, Koji’s Quest, designed for individuals recovering from stroke and brain injuries. The partnership will allow patients to engage in activities aimed at regaining functionality in their everyday lives from the comfort of their homes. NeuroRealitys cognitive training technology is used for patients that have acquired a brain injury or cognitive deficits, such as post-concussion syndrome, brain fog from long COVID, cognitive impairments as a result of a stroke or lack of oxygen to the brain, or for post-ICU patients.
Partners
growth-positive
XRHealth Secures $10M in Funding to Expand Virtual Reality Healthcare Treatment in the Metaverse
XRHealth has raised $10 million in funding to expand virtual healthcare treatment in the Metaverse. The funding was backed by HTC, Bridges Israel impact investment fund, AARP, and crowdfunding on StartEngine.com and existing investors. XRHealth is revolutionizing healthcare by bringing patient care into the Metaverse through its state-of-the-art therapeutic care Virtual Rooms. The companys platform is FDA and CE registered and provides an immersive experience for users. The funding will help XRHealth expand its accessibility to patients worldwide and connect them with treating clinicians. Virtual healthcare is seen as a quarter trillion dollar market opportunity, and XRHealth is at the forefront of this industry.
Investment
growth-positive
Bringing Healthcare into the Metaverse, XRHealth and HTC Will Offer Virtual Treatment Rooms on the VIVE Focus 3 and VIVE Flow
XRHealth and HTC VIVE announced a partnership to offer virtual treatment rooms on the VIVE Focus 3 and VIVE Flow. The virtual treatment rooms will provide various treatments including physical therapy, occupational therapy, and pain management. HTC will offer XRHealths platform to medical facilities to build their own virtual clinics. Clinicians can use VIVE Focus 3 or VIVE Flow to create virtual treatment centers and monitor patient progress in real time. XRHealth operates therapeutic care Virtual Clinics using proprietary FDA and CE registered medical Extended Reality (XR) technology. HTC VIVE is a premier VR platform and ecosystem.
Partners
growth-positive
XRHealth Announces Addition of Medical Grade Tobii Eye Tracking Solution to Its Virtual Reality Platform
XRHealth has announced the integration of Tobiis medical-grade eye-tracking technology into their virtual reality (VR) platform for therapy sessions. This integration will allow clinicians to train and treat patients with neurological conditions. The eye-tracking technology, integrated into the Pico Neo 3 Pro Eye headsets, will help clinicians measure and diagnose conditions, improve attention span and eye contact, and track treatment progress. XRHealth aims to provide the best healthcare experience by equipping patients with the latest VR technology. The partnership with Tobii, the leader in eye tracking, will significantly improve patient treatment. XRHealths virtual reality platform provides real-time data and insights to patients and clinicians for measurement and adjustment of treatments. Tobii is a global leader in eye tracking and aims to improve the world with technology that understands human attention and intent.
Partners
growth-positive
Digital Healthcare Innovator Rafael Grossmann Joins XRHealth's Advisory Board
XRHealth announces the addition of Rafael Grossmann to its advisory board. Grossmann is a renowned surgeon and healthcare innovator who will provide leadership in the convergence of healthcare and technology. His expertise will contribute to XRHealths goal of revolutionizing healthcare and creating a presence in the metaverse. XRHealth operates therapeutic care Virtual Rooms using FDA and CE registered medical Extended Reality (XR) technology. The company offers various solutions for rehabilitation, cognitive assessment, training, and pain management. XRHealth works with renowned healthcare providers and is headquartered in Boston, Massachusetts.
PartnersManagement Changes
growth-positive
XRHealth Receives Patent to Measure Sway and Conduct Fall Risk Assessment in Virtual Reality and Augmented Reality Therapy
XRHealth has received a patent for measuring sway and conducting a fall risk assessment using virtual reality and augmented reality therapy. The new capability allows XRHealth to assess the risk of elderly patients falling and potentially prevent debilitating injuries. The patent titled Assessing Postural Sway in Virtual Reality or Augmented Reality measures sway by using a VR/AR platform to collect positional data from a headset or hand sensors. The data is then used to determine the center of mass and assess the risk of falling. XRHealth operates virtual clinics throughout the United States, offering remote VR/AR-based therapy with licensed therapists. The company combines FDA-registered medical applications with advanced data analytics to provide comprehensive therapeutic care solutions.
Customers
growth-positive
XRHealth Launches Crowdfunding Campaign, Offering Stock in its Pioneering Virtual Clinics for At-Home Health Care Through VR/AR
XRHealth has launched a crowdfunding campaign to offer stock in its Virtual Clinics, which provide at-home medical treatments through Virtual Reality (VR/AR) and digital health technologies. The campaign aims to tap into the rapidly growing telehealth market, which has seen a significant increase in use due to the Covid-19 pandemic. XRHealths technology integrates immersive VR/AR technology, licensed clinicians, and advanced data analytics, providing a comprehensive therapeutic care solution for patients. The company is focused on three main therapeutic areas: pain management, neurological disorders, and behavioral health. XRHealth is offering the public a chance to buy its stocks until February 9, 2022. So far, the company has raised $20 million from venture capital firms, AARP, grants, and previous crowdfunding campaigns.
InvestmentPublic Trading
growth-positive
XRHealth and Reducept Offer Patients Virtual Reality Therapy for Pain Management
XRHealth is partnering with Reducept to expand their offering of virtual reality therapy for pain management. The partnership aims to help individuals experiencing chronic pain by training their brains to create their own pain medication through digital psychological pain treatment. The collaboration combines techniques from acceptance and commitment therapy and cognitive behavioral therapy. XRHealth provides remote care to patients globally and is covered by major health insurance companies. The virtual reality therapy allows users to receive treatment from the comfort of their homes while sharing data and progress with their doctors in real-time. The partnership is expected to have a positive impact on XRHealths growth.
Partners
growth-positive
XRHealth Secures $9M in Venture Funding from Discount Tech
XRHealth has secured $9M in venture funding from Discount Tech. The funds will be used to expand sales & marketing initiatives to bring VR/AR therapy to patients throughout the U.S, AU, and Israel. XRHealth operates state-of-the-art therapeutic care Virtual Clinics, utilizing proprietary FDA and CE registered medical Extended Reality (XR) technology. The company provides a comprehensive therapeutic care solution for patients to receive treatment from the comfort of their home. The XRHealth XR Platform solves gaps in outpatient care and telehealth delivery, and is safe to use in the post-COVID-19 healthcare market. Discount Tech supports XRHealths journey and believes that virtual reality/augmented reality as a platform for telehealth takes medical treatment to a new level.
InvestmentExpand
growth-positive
XRHealth announces virtual reality platform to treat mental health and substance abuse - SiliconANGLE
XRHealth has announced that its platform will now treat mental health conditions and substance abuse issues using virtual reality. The virtual clinic offers remote therapy for patients in their own homes, providing treatment plans and shipping out devices. The platform can assist with various therapies and support groups. XRHealth aims to address the increase in drug use and overdoses during the pandemic. The immersive nature of virtual reality can help combat feelings of loneliness and anxiety. The platform is compliant with healthcare regulations and collects real-time patient data. XRHealth previously opened a VR telehealth clinic for neurological therapy and offered VR services to coronavirus quarantined patients. The mental health and substance abuse treatment therapy will be available in Massachusetts and other states in the future.
Customers
growth-positive
EY Announces Eran Orr of XRHealth as an Entrepreneur Of The Year® 2021 New England Award Finalist
Eran Orr, CEO of XRHealth, has been named a finalist for the Entrepreneur Of The Year 2021 New England Award. The award program recognizes business leaders who demonstrate ambition, ingenuity, and courage. The winners will be announced in July. XRHealth, a company in the healthcare industry, has disrupted the industry in New England and beyond. The regional winners will have the opportunity to compete for the national and global awards. The Entrepreneur Of The Year Awards are sponsored by Ernst & Young LLP and SAP America. XRHealth is honored to be recognized for their hard work, innovation, and expertise.
Customers
growth-positive
XRHealth VR therapy launches new digital training plan for treatments
XRHealth, a virtual clinic, has introduced a new digital training plan that offers personalized treatment plans for patients to engage in therapy from home using virtual reality. The company aims to provide accessible and engaging healthcare solutions. The training plans cater to various conditions such as pain, anxiety, neurological disorders, occupational therapy, and more. XRHealth utilizes its proprietary medical XR technology, data analytics, and licensed therapists to create a comprehensive therapeutic care solution. The article does not mention any specific partners, customers, valuation amount, acquisition amount, investment amount, layoffs, or date of the event.
CustomersPartners
growth-positive
SmartHealth: I Tried Virtual Reality Telehealth for Chronic Arthritis Pain, and It Helped Everyday Health
The article discusses the Smart Lock by August, which allows users to lock and unlock their doors from their smartphones. The smart lock attaches to existing deadbolts, enabling a key-free existence while still allowing traditional keys to work. Users can also grant digital keys to family members for specific durations. The accompanying app provides remote locking status updates. The article mentions the need for an additional Wi-Fi bridge for compatibility with Amazon Alexa, Apple Siri, and Google Assistant. The Smart Lock is priced at $199, while the Smart Lock Pro is priced at $279. The impact on the company is growth-positive, as the article highlights the convenience and functionality of the product.
CustomersPartners
XRHealth offers ADHD treatment via virtual reality
growth-positive
XRHealth to Launch Virtual Reality Telehealth Clinic in Israel In November
XRHealth is launching a new virtual reality telehealth clinic in Israel on November 1st. The clinic will treat patients for symptoms related to various conditions using VR technology. Patients will be provided with a VR headset at home and will have access to different virtual treatment rooms. Licensed clinicians will evaluate patients, create treatment plans, and monitor progress. The clinic is powered by leading medical centers and employs trained clinicians. The companys medical applications are approved by the Ministry of Health and reimbursable through insurance providers and HMOs.
Customers
growth-positive
XRHealth Secures Patent to Incorporate Apple Watch into VR/AR Therapy
XRHealth has received a patent for incorporating biofeedback from devices like the Apple Watch into its VR/AR therapy platform. The patent enables VR/AR therapy to address patient pain based on biofeedback such as heart rate variability and other critical responses. XRHealth plans to integrate their therapy with the Apple Watch, using its advanced features including a medical-grade electrocardiogram (EKG) to detect pain and modify treatment accordingly. The company aims to create a sophisticated form of therapy that responds to patients physical needs in real-time. XRHealth is known for its virtual reality telehealth clinic that treats various conditions and provides doctors with real-time patient data for monitoring and treatment.
CustomersPartners
growth-positive
Australia's Health Provider Bupa Offers XRHealth to Customers for Physiotherapy Needs
XRHealth has announced a partnership with Bupa, Australias largest health insurer, to offer its customers the opportunity to participate in an XRHealth trial for physiotherapy needs. The trial will provide patients with virtual reality, immersive exercises in their homes, with direct guidance from clinicians via XRHealths virtual reality telehealth solution. Bupa plans to make the platform available to more customers starting September 1, 2020, with a wider rollout planned for 2021. The partnership aims to provide convenient and effective telehealth solutions, especially during the COVID-19 pandemic when accessing in-person physiotherapy can be difficult.
Customers
XRHealth: Crossing realities into the future of telehealth
growth-positive
XRHealth Receives $450,000 Grant from the Israeli Innovation Authority to Fight Covid-19
XRHealth has received a $450,000 grant from the Israeli Innovation Authority (IIA) to provide hospitals in Israel with telehealth services using virtual reality therapy. The grant will allow XRHealth to create customized apps for medical facilities, integrate their solution into the Israeli healthcare system, and deploy their services in government hospitals. This initiative aims to combat general health issues, mental health conditions, and the rehabilitation process linked to the coronavirus. XRHealth was one of 35 companies selected to receive a grant from the IIA out of 750 applicants. The CEO of XRHealth, Eran Orr, believes that telehealth solutions will continue to be important even after the pandemic is over.
PartnersInvestment
growth-positive
XRHealth Raises $7M in Funding - FinSMEs
XRHealth, a provider of extended reality and therapeutic applications, has raised $7M in funding. The company plans to use the funds to expand the use of its telehealth platform. XRHealth offers a variety of solutions for rehabilitation services, cognitive assessment and training, and pain management. The company is currently certified in 17 states and is utilized at hospitals globally.
InvestmentExpand
growth-positive
XRHealth Launches First Virtual Reality Telehealth Support Groups to Help People in Isolation Due to Coronavirus
XRHealth, a leader in extended reality and therapeutic applications, has announced the first Virtual Reality (VR) telehealth support groups for people in isolation due to the coronavirus. The support groups are tailored for patients with various conditions and will be available to the public on April 1st. XRHealth clinics are now certified in multiple states and are covered by Medicare and most major insurance providers. The ability for patients to connect with each other in VR and with a group moderator is powered by Foretell Reality, a subsidiary company of The Glimpse Group, Inc. XRHealth aims to provide healing opportunities and support to patients who are unable to leave their homes. The company believes that virtual support groups in VR can help ease loneliness and isolation during the coronavirus crisis.
Customers
growth-positive
XRHealth to Deliver VR Therapy to Coronavirus Patients in Quarantine in Israel
XRHealth will provide virtual reality telehealth services to Sheba Medical Center in Israel to help treat and monitor coronavirus-exposed patients in quarantine. The VR headsets will include specialized extended reality technology solutions and apps for virtual tours. Sheba Medical Center will use telemedicine, including VR headsets, to continuously monitor quarantined patients. XRHealth is the first certified extended reality medical company and has previously partnered with Sheba Medical Center to establish a fully VR-based hospital. XRHealth recently set up virtual reality telehealth clinics in the United States and will make its services available to all hospitals and clinics in the country on March 15th.
PartnersCustomers
growth-positive
XRHealth launches VR telehealth clinic
XRHealth plans to launch its first virtual reality telehealth clinic, offering remote rehabilitation services for various conditions. The service combines therapeutic software, telehealth support, and a VR headset. Patients will receive an assessment from XRHealths telehealth clinicians and be provided with a VR headset. The clinical staff can remotely control and adjust the therapy shown on the patients headset. Patient data will be collected and monitored by the clinician. The new service is covered by Medicare and major insurance providers. XRHealth has previously partnered with Oculus and has been developing new therapies. The company aims to bring VR therapy into patients homes and support their therapy in real time.
CustomersPartners
growth-positive
American International College Research Finds that XRHealth's VR Therapy is a More Reliable Clinical Tool for Physical Therapy Examination Than Standard Goniometric Method
XRHealths VR Therapy has been found to be a more reliable clinical tool for physical therapy examination than the goniometric method, according to research conducted by American International College. The study compared the reliability and time taken to capture range of motion measurements using both methods. VR Therapy demonstrated statistically significant differences with consistently high confidence levels of 99% for rotation, lateral flexion, and flexion/extension. Additionally, 75% of the subjects preferred VR as a tool for recording neck motions. XRHealth is a leading provider of extended reality and therapeutic AR and VR applications for the medical industry.
Customers
growth-positive
Sheba Medical Center to Create The World's First Fully VR-Based Hospital
Sheba Medical Center in Israel has announced a partnership with XRHealth to create the worlds first fully virtual reality hospital. Sheba will leverage XRHealths VR platform for cognitive therapy, physical therapy, pain relief, and other applications throughout the entire hospital. This partnership is part of Shebas strategic innovation commitment to digital health and its vision to transform the hospital into a center of innovation. The use of VR in healthcare has been shown to have advantages over traditional methods, and Sheba aims to be a leader in developing new health services based on VR. The partnership with XRHealth is expected to provide improved training for the facility and more personalized care for patients.
PartnersCustomers
growth-positive
XRHealth Partners with Allscripts to Provide Integrated Virtual Reality/Augmented Reality Platforms
XRHealth has announced a partnership with Allscripts to provide an integrated VR/AR platform for medical professionals to prescribe and monitor the progress of VR/AR therapies on patient health. The partnership allows doctors to view all critical patient information in one platform and make necessary adjustments in real-time. This marks the first time that VR/AR apps will be an integral part of an EHR platform. XRHealth offers virtual reality and augmented reality solutions for hospitals, healthcare facilities, and patients, helping to alleviate pain, improve motor function, assess cognitive functioning, and encourage overall wellness and health. The partnership with Allscripts is facilitated through the Allscripts Developer Program, which connects third-party applications and innovative healthcare technologies with Allscripts products.
Partners
growth-positive
XRHealth Collaboration with Magic Leap Brings AR Technology to the Healthcare Market
XRHealth has announced a collaboration with Magic Leap to bring health and wellness solutions to Magic Leap devices through the ARHealth platform. The collaboration aims to provide spatial computing applications for rehabilitation, cognitive training, psychological assessment, and pain distraction. The ARHealth platform will enhance the treatment experience for patients and provide accurate tracking tools and data analysis for healthcare providers. XRHealth is a medical device company with FDA-registered products and the collaboration with Magic Leap will bring their solutions to the augmented reality space.
Partners
growth-positive
XRHealth's Healium to Soothe Stress with VR
XRHealth has announced the opening of its platform to third-party builders to establish powerful Virtual Reality (VR) healthcare experiences. The partnership with Healium allows patients to see and control stress-related issues through the VR healthcare platform. Healiums biometric solution is designed to minimize anxiety and stress-related problems. XRHealth offers a variety of medical and health resolutions through its VR platform. The company works with well-known U.S. healthcare institutions, hospitals, and rehabilitation centers. The partnership with Healium demonstrates the power of emotions in managing stress and anxiety.
Partners
growth-positive
XRHealth Announces Partnership with VirZOOM BioSpace
XRHealth has announced a partnership with VirZOOM to incorporate VirZOOMs VR exercise solution within the XRHealth platform. This partnership will allow hospitals, rehab centers, and patients to use VR exercise technology at home, with medical professionals gaining remote access to patient data. XRHealths VRHealth Platform offers a range of VR medical apps for healthcare facilities, including cognitive assessment, motor function, pain management, and behavioral apps. The partnership with VirZOOM will make their exercise software available to XRHealth users and track the impact of exercise on patients health goals. XRHealth is the leader in extended reality and therapeutic applications for the medical industry.
Partners
N/A
CIOTECHIE - Blog dédié à l'industrie et aux technoligies
The article discusses the impact of technology on our daily lives and the importance of providing access to technology for all populations. It also mentions the controversial nature of artificial intelligence and the potential of emerging technologies such as virtual reality and drones. No specific company or event is mentioned in the article.
growth-positive
Hot flashes decrease by 50 percent in VRHealth pilot study
VRHealth has released the results of its pilot study on its virtual reality product, Luna, which aims to reduce hot flashes in breast cancer patients and survivors. The study found that participants reported feeling 50% fewer hot flashes and night sweats after using Luna. The product uses an AI trainer called Luna to guide users through cognitive behavioral therapy and coping mechanisms. In addition to reducing hot flashes, the study also found a decrease in stress levels and improved sleep quality among participants. The pilot study included 37 breast cancer patients or survivors and lasted for 24 days. VRHealth is positioning Luna as an alternative to traditional medications for managing hot flashes.
Customers
growth-positive
Israeli Startup Explores the Role of VR in Relieving Chronic Pain
Israeli company VR Health is exploring the use of virtual reality technology to help patients deal with chronic pain. The startup, founded by an air force pilot who recovered faster with the help of VR, is conducting ongoing research to determine the potential viability of this approach. While initial results are promising, the long-term effects of exposing the human brain to virtual reality remain unclear. The medical sector is increasingly exploring the use of VR technology, but the future of VR in this field is still uncertain.
Customers
growth-positive
VRHealth, AARP launch VR platform for remote patient monitoring, in-home therapy
VRHealth has launched a new set of apps that aim to facilitate remote monitoring and family caregiving. The app-based platform, developed in collaboration with AARPs Innovation Lab, includes challenges for cognitive skills, neck exercises, and pain management. The platform supports real-time healthcare data collection and allows patients to share their data with healthcare providers. The VR apps are available for download on the Oculus storefront and AARPs Alcove VR platform. The impact of the apps is growth-positive for VRHealth, as they offer consumers a more comfortable and cost-effective option for in-home care. The key theme of the article is the use of virtual reality in healthcare. The key issues discussed are customers and partners. The date of the event described in the article is CES 2019.
CustomersPartners
growth-positive
VRHealth unveils VR software for hot flashes
VRHealth has unveiled a new virtual reality product called Luna, designed to help patients manage hot flashes. The product employs cognitive behavioral therapy and provides users with data analysis of their treatment. Patients will initially use the VR headset in a hospital setting but will eventually take it home. Luna is set to launch in January 2019. VRHealth previously partnered with Oculus to develop healthcare-focused VR applications. The company aims to provide an alternative treatment option for hot flashes, which are commonly associated with breast cancer chemotherapy and menopause. VR as a whole is growing in the healthcare industry, with applications in pain management, anxiety reduction, and rehabilitation.
Customers
growth-positive
VRHealth Working with Oculus To Enhance Patient Healthcare
VRHealth is working with Oculus to deliver their newest health and wellness solutions using Oculus products. The partnership aims to provide transformative virtual reality solutions for the healthcare industry, offering benefits for patients, doctors, and healthcare facilities. VRHealths applications are registered with the FDA and the company is ISO 13485 certified. They use Oculus Go and Rift to provide VR technology solutions for pain management, anxiety reduction, and other health challenges. The solutions utilize AI and cloud-computing algorithms for data analysis and are already being used in medical facilities and hospitals. The patient data collected is quantified and updated in real-time, allowing healthcare professionals to personalize treatment plans. VRHealths solution will be showcased at the Oculus Connect conference.
Partners
growth-positive
VRHealth provides first virtual reality medical platform for EU healthcare facilities
VRHealth, a company providing virtual reality medical solutions, will now be available for medical facilities in the EU. The solutions use AI and cloud-computing algorithms to deliver advanced data analytics, allowing doctors and clinicians to personalize healthcare solutions for their patients. The companys CEO, Eran Orr, believes that VRHealths approach to healthcare combines technology and medical expertise to distract patients from pain and engage them in the recovery process. This development is expected to have a positive impact on the companys growth.
Customers
VRHealth Secures CE Registration, Looks To Move Into EU Market
growth-positive
Israel's VRHealth pairs with Oculus to enrich patient care
VRHealth has announced a partnership with Facebooks Oculus brand to deliver health and wellness solutions using virtual reality headsets. The partnership aims to manage pain for mothers in labor, cancer patients in chemotherapy, and patients before and after surgery. VRHealths CEO believes that virtual reality has the potential to improve lives and provide personalized and comfortable experiences for patients. The companys solutions, which include tracking tools and real-time data analytics, are already being used in several US medical facilities and hospitals. The partnership with Oculus is expected to contribute to the growth of VRHealth.
Partners
growth-positive
Oculus, VRHealth partner to develop VR pain management, anxiety management therapies
VRHealth has partnered with Oculus to develop healthcare-focused virtual reality applications. The partnership was announced at the Oculus Connect event in California. The companies plan to create pain management solutions for laboring mothers, cancer patients undergoing chemotherapy, and general anxiety management before and after surgeries. The applications will be built for Oculus Rift and Oculus Go devices. The partnership with Oculus provides VRHealth with a substantial platform for its healthcare-targeted offerings. VR-based distraction therapies have shown efficacy in certain patient groups, and this partnership could contribute to their wider adoption. VRHealth has previously partnered with AARP and deployed its products in hospitals and sports medicine centers.
Partners
growth-positive
VR Health Group A New Health and Wellness Platform for VR
VR Health Group, a company that offers virtual reality (VR) applications for healthcare, has shifted its focus to analyzing user interactions with virtual objects for real-time health data analytics. The companys goal is to provide a comprehensive application for physical and occupational therapy. VR Health Groups platform allows users to track their bodys performance and interact with virtual exercises, providing valuable insights for clinicians and coaches. The companys work is FDA approved and can be billed through insurance. VR Health Groups applications have the potential to revolutionize sports medicine and improve athlete performance. The article highlights the importance of baselines and quantifiable data in measuring athletic performance. Overall, the article has a growth-positive impact on VR Health Group.
CustomersPartners
growth-positive
VR Health wins a spot in Cleveland business accelerator Plug and Play (video)
VR Health has been selected as one of the 12 companies to receive mentorship in Plug and Play Clevelands business accelerator program. The company aims to use virtual reality technology for physical therapy, allowing physical therapists to guide patients through exercises and games. VR Health will be housed in the Global Center for Health Innovation as part of Plug and Plays three-year commitment to Cleveland. The company will receive mentoring over the next few months and present its plans to potential investors in June. The business accelerator program is a partnership with the Cleveland Clinic, JumpStart Inc., and other Ohio partners.
PartnersInvestment
growth-positive
VRPhysio uses virtual gaming to help pain in neck
VRPhysio, a Tel Aviv-based startup, has developed a medical device that combines virtual reality and physiotherapy to help patients practice their exercises at home and speed up recovery. The device includes a headset, a mobile app, weights, body sensors, and virtual reality games to make exercising more fun. The company is also developing biofeedback sensors to monitor the bodys experience during workouts. VRPhysio is in the final stage of getting FDA clearance for its first product aimed at neck injuries and is expected to launch within the next six months. The company is at the intersection of the growing markets of physiotherapy and virtual reality, with the market for physical therapy equipment expected to rise to $18 billion a year. The virtual reality market is also projected to be over $100 billion by 2020.
Investment
XRHealth Team
Employee Info
| Employees (range) | 51-200 |
| Exact count | 118 |
| Team members | 3 |
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Admin Info
| Confidence | 103/100 |
| Missing | markets |
| BI Verification | Yanina Wainscheinker |
| Registrar ID | 515484889 |
| Crunchbase | vrhealth |
| Phone | +97237718884 |
| Creator | Paz Eliav |
| Creator email | paze@cet.ac.il |
| Last updater | Yanina Wainscheinker |
| Updater email | yanina.wainscheinker@sncentral.org |
| Last update | 2024-05-01T00:00:00.000Z |
| Created | 2016-06-13T00:00:00.000Z |
| Claimed | Yes |