Smileyscope

Melbourne, Australia Founded: 2017 • Age: 9 yrs
Virtual reality suite offered for pediatric healthcare procedures.
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About Smileyscope

Smileyscope is a company based in Melbourne (Australia) founded in 2017 by Evelyn Chan and Paul Leong.. Smileyscope has raised $10.74 million across 3 funding rounds from investors including Breakthrough Victoria, TEN13 and Mediterranean Investors. Smileyscope offers products and services including Smileyscope Therapy VR Analgesic and Therapy Mode. Smileyscope operates in a competitive market with competitors including XRHealth, AppliedVR, Amelia Virtual Care, OxfordVR and Oncomfort, among others.

  • Headquarter Melbourne, Australia
  • Founders Evelyn Chan, Paul Leong
  • Sectors
    Healthcare
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Smileyscope Holding Inc.
Operational Areas
Healthcare → Health Technology & Digital Health
Technology → Extended, Virtual & Augmented Reality
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $10.74 M (USD)

    in 3 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of Smileyscope

Smileyscope offers a comprehensive portfolio of products and services, including Smileyscope Therapy VR Analgesic and Therapy Mode. 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 system to reduce pain and anxiety during medical procedures for children.

Integrated hardware and software for guided relaxation in needle procedures.

Funding Insights of Smileyscope

Smileyscope has successfully raised a total of $10.74M across 3 strategic funding rounds. 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 Rounds 3
  • Last Round
  • First Round

    (01 Jun 2017)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2023 Amount Series A - Smileyscope Valuation

investors

Oct, 2022 Amount Series A - Smileyscope Valuation

investors

Jun, 2017 Amount Grant - Smileyscope Valuation

investors

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 Smileyscope

Smileyscope has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Breakthrough Victoria, TEN13 and Mediterranean Investors. 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
Venture Fund
Investor Description Founded Year Domain Location
Breakthrough Victoria is focused on investing in innovation for economic growth.
Founded Year Domain Location
Venture capital invesing in early stage tech companies
Founded Year Domain Location
A network of business angels fostering cross-border investments is operated.
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 Smileyscope

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

Financial Statements - Smileyscope

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

Smileyscope Comparisons

Employees
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Competitors of Smileyscope

Smileyscope 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, AppliedVR, Amelia Virtual Care, OxfordVR and Oncomfort, 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.
domain founded_year HQ Location
At-home VR platform for chronic pain relief is developed.
domain founded_year HQ Location
VR solutions for mental health treatments are provided.
domain founded_year HQ Location
Virtual reality devices for psychological health treatment are provided.
domain founded_year HQ Location
Digital sedation device is developed for pain and anxiety management.
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 Smileyscope

Frequently Asked Questions about Smileyscope

When was Smileyscope founded?

Smileyscope was founded in 2017.

Where is Smileyscope located?

Smileyscope is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.

Who is the current CEO of Smileyscope?

Evelyn Chan is the current CEO of Smileyscope. They have also founded this company.

Is Smileyscope a funded company?

Smileyscope is a funded company, having raised a total of $10.74M across 3 funding rounds to date. The company's 1st funding round was a Grant of $20K, raised on Jun 01, 2017.

What does Smileyscope do?

Smileyscope was founded in 2017 in Melbourne, Australia, as a provider in the pediatric healthcare sector. A virtual reality suite is developed to deliver underwater adventure experiences that synchronize with medical procedures, such as needle insertions. Patented technology is utilized to maintain childrens calmness and stillness, facilitating safer and more efficient clinical operations. The solution targets procedural anxiety reduction in young patients.

Who are the top competitors of Smileyscope?

Smileyscope's top competitors include XRHealth, AppliedVR and Prosoma.

What products or services does Smileyscope offer?

Smileyscope offers Smileyscope Therapy VR Analgesic and Therapy Mode.

Who are Smileyscope's investors?

Smileyscope has 4 investors. Key investors include Breakthrough Victoria, TEN13, Mediterranean Investors, and Melbourne Accelerator Program.

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