Firsthand Technology

San Francisco, United States Founded: 1995 • Age: 31 yrs Acquired By Pear Therapeutics
Virtual Reality Games, Simulations Therapy
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About Firsthand Technology

Firsthand Technology is a company based in San Francisco (United States) founded in 1995 was acquired by Pear Therapeutics in January 2020.. Firsthand Technology has completed 1 acquisition, including CareerEco. Firsthand Technology offers products and services including COOL! and GLOW!. Firsthand Technology operates in a competitive market with competitors including Mindoula, XRHealth, Woebot Health, PursueCare and Click Therapeutics, among others.

  • Headquarter San Francisco, United States
  • Sectors
    Healthcare
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Firsthand Technology Inc.
Operational Areas
Healthcare → Health Technology & Digital Health
Technology → Extended, Virtual & Augmented Reality
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $332.64 K (USD), Grant

    Sep 15, 2012

  • Investors
    HHS

    & 1 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Pear Therapeutics

    (Jan 07, 2020)

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Products & Services of Firsthand Technology

Firsthand Technology offers a comprehensive portfolio of products and services, including COOL! and GLOW!. 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.

Primary

VR application for pain relief during medical procedures.

VR tool using biosensors to reduce pain and stress.

Funding Insights of Firsthand Technology

  • Total Funding
  • Total Rounds 3
  • Last Round Grant — $332,641
  • First Round

    (23 Sep 2008)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2012 Amount Grant - Firsthand Technology Valuation

investors

HHS
Sep, 2009 Amount Grant - Firsthand Technology Valuation

investors

HHS
Sep, 2008 Amount Grant - Firsthand Technology Valuation

investors

HHS
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Firsthand Technology

Firsthand Technology has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include HHS and Pear Therapeutics. 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.

All
Institutional
Investor Description Founded Year Domain Location
Public health and human services are overseen by HHS.
Founded Year Domain Location
Pear Therapeutics provides cloud-based digital solutions for managing chronic health conditions effectively.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Firsthand Technology

Firsthand Technology has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include CareerEco. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Recruitment services for virtual assistants are offered by CareerEco.
2008
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Firsthand Technology

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Firsthand Technology Comparisons

Employees
+
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Competitors of Firsthand Technology

Firsthand Technology 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 Mindoula, XRHealth, Woebot Health, PursueCare and Click Therapeutics, 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
Virtual care management for behavioral health is provided by Mindoula.
domain founded_year HQ Location
VR-based home therapy systems are developed for symptom treatment.
domain founded_year HQ Location
AI-powered chat-based mental wellness tools are developed.
domain founded_year HQ Location
Addiction treatment is delivered via mobile app teleconsultations.
domain founded_year HQ Location
Mobile apps for brain disorder treatments are provided.
domain founded_year HQ Location
At-home VR platform for chronic pain relief is developed.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Firsthand Technology

Frequently Asked Questions about Firsthand Technology

When was Firsthand Technology founded?

Firsthand Technology was founded in 1995 and raised its 1st funding round 13 years after it was founded.

Where is Firsthand Technology located?

Firsthand Technology is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

What does Firsthand Technology do?

Firsthand VR designs and develops VR and 3D games for therapy, research, education, and business.The founding members are also creators of the DeepStream3D Immersive therapy for pain relief. DeepStreamVR generates immersive VR games with biofeedback to help relieve pain. Users can use any head-mounted device like Oculus Rift, or choose DeepStream 3D Viewer. Plans to connect DeepStream VR games to the heartrate and other biosensors in mobile devices in future. Part of Rothenberg Ventures River Accelerator and received 100K investment from them.

Who are the top competitors of Firsthand Technology?

Firsthand Technology's top competitors include XRHealth, PursueCare and Click Therapeutics.

What products or services does Firsthand Technology offer?

Firsthand Technology offers COOL! and GLOW!.

How many acquisitions has Firsthand Technology made?

Firsthand Technology has made 1 acquisition, including CareerEco.

Who are Firsthand Technology's investors?

Firsthand Technology has 2 investors. Key investors include HHS, and Pear Therapeutics.

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