About TRIPP
TRIPP is a Technology company based in Los Angeles (United States) founded in 2016 by Nanea Reeves. It operates as a mood-altering virtual reality experiences are developed for wellness by TRIPP. It operates on a Subscription Services model. TRIPP has raised $26.25 million across 6 funding rounds from investors including Qualcomm, Niantic and HTC Corporation. TRIPP has completed 2 acquisitions, including EvolVR and PsyAssist. Its chief executive is Nanea Reeves. Its website tripp.com draws about 33 thousand monthly visits. TRIPP offers products and services including TRIPP Mobile and TRIPP Headset. Its focus areas include HealthTech and Mental Wellness Solutions. Its legal entity is TRIPP, Inc. Its competitors include Novobeing, Relax VR, Visutate, Hoame and Solas VR and 3 more; 1 of its 8 listed competitors has raised funding.
Company details
AI-powered mental wellness solutions are offered by TRIPP to support users throughout their day. Services are accessible via mobile devices for mindfulness on the go and through VR headsets for immersive experiences. The focus is placed on building healthy habits for mental wellbeing across various platforms and user needs.
Products & Services of TRIPP
TRIPP offers a comprehensive portfolio of products and services, including TRIPP Mobile and TRIPP Headset.
Mindfulness support is provided for on-the-go users daily.
Immersive wellness experience is delivered through VR headsets.
Apps and channels of TRIPP
TRIPP publishes 2 mobile apps with over 50K+ downloads.
Funding Insights of TRIPP
TRIPP has successfully raised a total of $26.25M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $11.2 million completed in June 2022. 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 $26.25M
- Total Rounds 6
- Last Round Series A β $11.2M
- First Round $4M
(Sep 2017)
- Investors Count 20
All 6 funding rounds of TRIPP with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2022 | $11.2M | Series A | β | β | |
| Jun 2021 | $11.05M | Series A | β | Vine Ventures, Mayfield | |
| Mar 2021 | – | Series A | β | Incisive Ventures | β |
| Oct 2019 | $1.7M | Grant | β | β | |
| Jan 2019 | – | Series A | β | β | |
| Sep 2017 | $4M | Series A | β | Mayfield | β |
20 investors in total: 20 institutional.
Investors in TRIPP
TRIPP has secured backing from 20 investors, including venture fund and institutional investors. Prominent investors backing the company include Qualcomm, Niantic and HTC Corporation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in gaming, Web3, and AI technologies. | – | bitkraft.vc | - | |
Mayfield is focused on AI innovation and venture capital investments. | – | mayfield.com | Menlo Park, United States | |
- | – | alexafund.com | Seattle, United States | |
Vine Ventures is focused on health and wellness investments. | – | vine.vc | - | |
Iter Investments is focused on alternative therapeutics funding. | – | iterinvestments.com | South Florida, United States | |
Early-stage venture capital is invested in series A firms. | – | alphabridge.vc | San Francisco, United States | |
Early-growth stage capital is provided to technology ventures. | – | benivc.com | - | |
Investments in healthcare startups are made by What If Ventures. | – | whatif.vc | Frisco, United States | |
A venture capital firm focused on transformative technologies is operated. | – | lionheart.vc | - | |
Private equity fund investing in multiple sectors | – | ctr.capital | Victoria, Canada |
Investor details for TRIPP
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of TRIPP
29 people are tracked at TRIPP (7 in leadership, 13 in board & advisors, 9 in team).
| Name | Role | Group |
|---|---|---|
Nanea Reeves | Co-Founder & CEO | Leadership |
Liza Lynn | Director, HR | Leadership |
Adrian Ludley | Creative Director | Leadership |
Matthew Bracks | Technical Art Director | Leadership |
Katherine Gaffney | Chief Financial Officer | Leadership |
Caitlin Krause | Chief Wellness Officer | Leadership |
Peter Kennedy | Director of Engineering | Leadership |
Malte Barth | Board Member | Board & advisors |
Tim Chang | Board Member | Board & advisors |
Walter Greenleaf | Advisor | Board & advisors |
Geeta Aurora | Board Member | Board & advisors |
Richard Tapalaga | Board Observer | Board & advisors |
Albert Rizzo | Advisor | Board & advisors |
Ryan Zurrer | Board Observer | Board & advisors |
Steven Baumrucker | Advisor | Board & advisors |
Ramez Naam | Advisor | Board & advisors |
Geoff Graber | Board Member | Board & advisors |
Matt Vogl | Advisor | Board & advisors |
Debra Boeldt | Advisor | Board & advisors |
Nichol Bradford | Advisor | Board & advisors |
9 more people are available in the full profile.
Complete people profiles for TRIPP
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Investments & Acquisitions by TRIPP
TRIPP has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include EvolVR and PsyAssist.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
VR services for meditation sessions and mental calmness are provided. | evolvr.org | – | 2013 | Feb 2022 | β’β’β’β’ | |
Innovative technology toolsets are provided for mental health clinicians. | psyassist.net | – | 0 | Aug 2021 | β’β’β’β’ |
Complete acquisition details for TRIPP
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Competitors of TRIPP
TRIPP has 8 listed competitors in our database, 1 of them funded. They include Novobeing, Relax VR, Visutate, Hoame and Solas VR, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| novobeing.com | 2020 | Burlington, United States | $575,000 | – | Provider of immersive wellness experiences, transforming high-stress areas into spaces of rejuvenation | |
| relaxvr.co | 2016 | Sydney, Australia | – | – | Guided meditation is delivered via VR with immersive 360-degree environments. | |
| visutate.com | 2019 | San Jose, United States | – | – | Delivers VR and AR-based platforms for meditation experiences. | |
| hoame.app | 2018 | Toronto, Canada | – | – | Develops innovative technologies for immersive spaces in medication. | |
| solasvr.com | 2020 | Tipperary, Ireland | – | – | A virtual reality solution designed for meditation practices. | |
| metawym.com | 2022 | Seoul, South Korea | – | – | Develops innovative VR platforms to enhance meditation experiences. | |
| guidedmeditationvr.com | 2014 | Chicago, United States | – | – | Virtual reality platform offering guided meditations and relaxing audio tracks. | |
| hmsxr.com | 2021 | Shepparton, Australia | – | – | Develops innovative VR platforms designed for meditation experiences. |
Detailed competitors of TRIPP
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of TRIPP
The website of TRIPP (tripp.com) receives about 32.7K visits a month.
- Monthly visits32.7K
▼ 21% vs previous month
Top companies in Virtual Reality
10 companies that operate in the same segment as TRIPP (Virtual Reality), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
VR-based head-mounted displays for gaming are provided by Oculus. | 2012 | Menlo Park, California, United States | USD 107.05 M | – | – | |
Provider of cloud and AI-based virtual tour solutions for construction professionals | 2011 | Sunnyvale, California, United States | USD 163.18 M | – | – | |
Video game developer specializing in the MMORPG and VR games | 1997 | Reykjavik, Iceland | USD 106.3 M | – | – | |
Provider of interior design, product supply, and project management services for facilities | 2011 | Mumbai, Maharashtra, India | USD 21.3 M | USD 10.46 M | 292 | |
Platform offering distributed simulation software for video games and corporate sectors | 2012 | London, England, United Kingdom | USD 929.85 M | USD 1.58 M | 634 | |
Virtual reality headsets are provided for immersive professional applications. | 2016 | Helsinki, Finland | USD 149.39 M | – | – | |
Virtual world games are facilitated through an NFT-based platform. | 2017 | Buenos Aires, Argentina | USD 25 M | – | – | |
VR casual games are developed for major platforms. | 2015 | Stockholm, Sweden | USD 38.5 M | – | – | |
VR-based home therapy systems are developed for symptom treatment. | 2016 | Brookline, Massachusetts, United States | USD 29 M | – | – | |
No-code platform for AR and VR metaverse experiences is provided. | 2016 | San Mateo, California, United States | USD 10.6 M | USD 563.59 K | 61 |
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Related news about Tripp
Complete news archive for TRIPP
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Frequently Asked Questions about TRIPP
TRIPP was founded in 2016 and raised its 1st funding round 1 year after it was founded.
TRIPP is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Nanea Reeves is the current CEO of TRIPP. They have also founded this company.
TRIPP is a funded company, having raised a total of $26.25M across 6 funding rounds to date. The company's 1st funding round was a Series A of $4M, raised on Sep 2017.
AI-powered mental wellness solutions are offered by TRIPP to support users throughout their day. Services are accessible via mobile devices for mindfulness on the go and through VR headsets for immersive experiences. The focus is placed on building healthy habits for mental wellbeing across various platforms and user needs.
TRIPP offers TRIPP Mobile and TRIPP Headset.
TRIPP has 20 investors. Key investors include Qualcomm, Niantic, HTC Corporation, BITKRAFT, and Mayfield.
TRIPP operates through Tripp, Inc..
Yes. TRIPP publishes TRIPP: Calm Focus Sleep Ascend and 1 more app, with over 50,000 downloads.