About Novobeing
Novobeing is a company based in Burlington (United States) founded in 2020 by Siddharth Desai and Nik Vassev. Novobeing has raised $575 thousand across 5 funding rounds from investors including Northeastern University, ImpactAssets and Web3.com Ventures. Novobeing offers products and services including VR Platform, XR Bundle, and Relaxation Experiences. Novobeing operates in a competitive market with competitors including AbleTo, Lyra Health, TRIPP, BigHealth and Calm, among others.
- Headquarter Burlington, United States
- Founders Siddharth Desai, Nik Vassev
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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 Novobeing, Inc.
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Annual Revenue
Not available
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Net Profit
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EBITDA
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Total Equity Funding
$575 K (USD)
in 5 rounds
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Latest Funding Round
$25 K (USD), Grant
Apr 30, 2024
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Investors
Northeastern University
& 5 more
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Employee Count
Not available
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Products & Services of Novobeing
Novobeing offers a comprehensive portfolio of products and services, including VR Platform, XR Bundle, and Relaxation Experiences.
Provides immersive VR experiences to reduce anxiety and aid recovery in healthcare.
Includes devices and support for easy deployment in clinical settings.
Offers VR modules for stress relief and patient engagement.
Funding Insights of Novobeing
Novobeing has successfully raised a total of $575K across 5 strategic funding rounds. The most recent funding activity was a Grant round of $25 thousand completed in April 2024. 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.
Investors in Novobeing
Novobeing has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Northeastern University, ImpactAssets and Web3.com Ventures.
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Early-stage MedTech founders are supported through accelerator programs.
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Early-stage investments are made in high-growth technology companies.
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Impact investing funds are managed to support mission-driven enterprises.
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Investor details for Novobeing
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Investments & Acquisitions by Novobeing
Investment portfolio details for Novobeing
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Financial Statements - Novobeing
Detailed financials for Novobeing
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- Profit trends
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Novobeing Comparisons
Peer comparison for Novobeing
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Competitors of Novobeing
Novobeing 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 AbleTo, Lyra Health, TRIPP, BigHealth and Calm, among others.
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Offers a digital platform to connect people with licensed therapists and coaches
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AI-powered mental health benefits for employers are provided.
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Mood-altering virtual reality experiences are developed for wellness by TRIPP.
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Digital CBT therapy is offered for insomnia patients.
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Meditation, sleep, and relaxation are supported via a digital app.
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Provider of online counseling platform for psychological problems
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Detailed competitors of Novobeing
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Latest news on Novobeing
Complete news archive for Novobeing
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Frequently Asked Questions about Novobeing
Novobeing was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Novobeing is headquartered in Burlington, United States. It is registered at Burlington, Vermont, United States.
Siddharth Desai is the current CEO of Novobeing. They have also founded this company.
Novobeing is a funded company, having raised a total of $575K across 5 funding rounds to date.
Provider of immersive wellness experiences, transforming high-stress areas into spaces of rejuvenation.. Their innovative platform combines immersive virtual environments with uplifting music, meditations, and breathing techniques for enhanced self-care experiences.
Novobeing's top competitors include Lyra Health, Calm and Amaha.
Novobeing offers VR Platform, XR Bundle, and Relaxation Experiences.
Novobeing has 6 investors. Key investors include Northeastern University, ImpactAssets, Web3.com Ventures, Cloud3 Ventures, and ZeroTo510.