About AppliedVR
AppliedVR is a company based in Los Angeles (United States) founded in 2014.. AppliedVR has raised $65.12 million across 5 funding rounds from investors including Cedars Sinai, HHS and Techstars. The company has 48 employees as of December 31, 2021. AppliedVR offers products and services including RelieVRx, EaseVRx, and AVR Pathway. AppliedVR operates in a competitive market with competitors including XRHealth, Smileyscope, Prosoma, Amelia Virtual Care and Singular Health, among others.
- Headquarter Los Angeles, United States
- Employees 48 as on 31 Dec, 2021
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Sectors
HealthcareTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Appliedvr, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$65.12 M (USD)
in 5 rounds
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Latest Funding Round
$36 M (USD), Series B
Nov 11, 2021
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Investors
Cedars Sinai
& 9 more
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Employee Count
48
as on Dec 31, 2021
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Products & Services of AppliedVR
AppliedVR offers a comprehensive portfolio of products and services, including RelieVRx, EaseVRx, and AVR Pathway. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Virtual reality tool for retraining brain to manage chronic pain.
VR system for pain relief and coping skill development.
Platform supporting VR-based chronic pain treatment programs.
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Funding Insights of AppliedVR
AppliedVR has successfully raised a total of $65.12M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $36 million completed in November 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series B — $36.0M
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First Round
First Round
(04 Apr 2016)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Series B - AppliedVR | Valuation |
investors |
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| Mar, 2021 | Amount | Series A - AppliedVR | Valuation | F-Prime Capital | |
| Oct, 2019 | Amount | Grant - AppliedVR | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in AppliedVR
AppliedVR has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Cedars Sinai, HHS and Techstars. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments in life sciences, technology, healthtech, and crypto sectors from global locations.
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Founded Year | Domain | Location | |
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Tech & Life Science focused VC firm investing in the US
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Founded Year | Domain | Location | |
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Investments are made in early to mid-stage technology companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by AppliedVR
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - AppliedVR
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Appliedvr Comparisons
Competitors of AppliedVR
AppliedVR operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as XRHealth, Smileyscope, Prosoma, Amelia Virtual Care and Singular Health, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
VR-based home therapy systems are developed for symptom treatment.
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| domain | founded_year | HQ Location |
Virtual reality suite offered for pediatric healthcare procedures.
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| domain | founded_year | HQ Location |
Developer of digital therapeutic solutions for behavioural therapy
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| domain | founded_year | HQ Location |
VR solutions for mental health treatments are provided.
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| domain | founded_year | HQ Location |
Provider of cloud-based imaging platform for diagnosis of disease
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Appliedvr
Frequently Asked Questions about AppliedVR
When was AppliedVR founded?
AppliedVR was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is AppliedVR located?
AppliedVR is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is AppliedVR a funded company?
AppliedVR is a funded company, having raised a total of $65.12M across 5 funding rounds to date. The company's 1st funding round was a Grant of $2.9M, raised on Apr 04, 2016.
How many employees does AppliedVR have?
As of Dec 31, 2021, the latest employee count at AppliedVR is 48.
What does AppliedVR do?
AppliedVR was founded in 2014 in Los Angeles, United States, within the healthcare technology sector. An at-home virtual reality therapy platform is developed for managing chronic pain. VR headgear is utilized to deliver content that addresses anxiety and pain before and after surgery. Programs focused on anxiety relief and pain management are included. Sedative use is reduced or eliminated through the platforms operations.
Who are the top competitors of AppliedVR?
What products or services does AppliedVR offer?
AppliedVR offers RelieVRx, EaseVRx, and AVR Pathway.
Who are AppliedVR's investors?
AppliedVR has 10 investors. Key investors include Cedars Sinai, HHS, Techstars, F-Prime Capital, and JAZZ Venture Partners.
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