About Oncomfort
Oncomfort is a company based in Wavre (Belgium) founded in 2017 by Mario Huyghe and Julien Tesse was acquired by HypnoVR in October 2023.. Oncomfort has raised $11.79 million across 1 funding round from investors including Debiopharm, HypnoVR and WING. The company has 4 employees as of December 31, 2020. Oncomfort offers products and services including HypnoVR Solution. Oncomfort operates in a competitive market with competitors including Muse, Flow Neuroscience, Freespira, XRHealth and Sooma Oy, among others.
- Headquarter Wavre, Belgium
- Employees 4 as on 31 Dec, 2020
- Founders Mario Huyghe, Julien Tesse
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Sectors
TechnologyHealthcare
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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 Oncomfort
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$11.79 M (USD)
in 1 rounds
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Latest Funding Round
$11.79 M (USD), Series A
Sep 09, 2020
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Investors
Debiopharm
& 3 more
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Employee Count
4
as on Dec 31, 2020
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Acquired by
HypnoVR
(Oct 04, 2023)
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Products & Services of Oncomfort
Oncomfort offers a comprehensive portfolio of products and services, including HypnoVR Solution. 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.
VR tool for reducing pain and anxiety in medical procedures
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Funding Insights of Oncomfort
Oncomfort has successfully raised a total of $11.79M through 1 strategic funding round. The most recent funding activity was a Series A round of $11.79 million completed in September 2020. 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 1
- Last Round Series A — $11.8M
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First Round
First Round
(09 Sep 2020)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2020 | Amount | Series A - Oncomfort | Valuation | Debiopharm , Credit Mutuel Equity |
| 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 Oncomfort
Oncomfort has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Debiopharm, HypnoVR and WING. 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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Founded Year | Domain | Location | |
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Growth and acquisition investments are managed by Credit Mutuel Equity.
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Founded Year | Domain | Location | |
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Biopharmaceutical company focused on oncology, infectious diseases, and orphan drugs
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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 Oncomfort
| 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 - Oncomfort
| 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 |
Oncomfort Comparisons
Competitors of Oncomfort
Oncomfort 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 Muse, Flow Neuroscience, Freespira, XRHealth and Sooma Oy, 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 |
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| domain | founded_year | HQ Location |
EEG-powered headbands for meditation and sleep biofeedback are developed.
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| domain | founded_year | HQ Location |
Provider of a wearable device for stress and anxiety management
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| domain | founded_year | HQ Location |
Panic disorders are treated via breathing device and mobile app.
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| domain | founded_year | HQ Location |
VR-based home therapy systems are developed for symptom treatment.
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| domain | founded_year | HQ Location |
Non-invasive neuromodulation therapies
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| domain | founded_year | HQ Location |
Virtual reality therapies for pain and anxiety reduction are developed.
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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 Oncomfort
Frequently Asked Questions about Oncomfort
When was Oncomfort founded?
Oncomfort was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Where is Oncomfort located?
Oncomfort is headquartered in Wavre, Belgium. It is registered at Wavre, Walloon Brabant, Belgium.
Who is the current CEO of Oncomfort?
Mario Huyghe is the current CEO of Oncomfort. They have also founded this company.
Is Oncomfort a funded company?
Oncomfort is a funded company, having raised a total of $11.79M across 1 funding round to date. The company's 1st funding round was a Series A of $11.79M, raised on Sep 09, 2020.
How many employees does Oncomfort have?
As of Dec 31, 2020, the latest employee count at Oncomfort is 4.
What does Oncomfort do?
Oncomfort was founded in 2017 in Wavre, Belgium, within the health technology sector. A virtual reality-based digital sedation device is produced to address patient pain and anxiety. Evidence-based self-management modules are included, delivering standardized information on procedures and training in stress reduction techniques. These non-pharmacological, non-invasive solutions are designed for safety. The portable, lightweight device operates on a plug-and-play basis.
Who are the top competitors of Oncomfort?
What products or services does Oncomfort offer?
Oncomfort offers HypnoVR Solution.
Who are Oncomfort's investors?
Oncomfort has 4 investors. Key investors include Debiopharm, HypnoVR, WING, and Crédit Mutuel Equity.
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