About VRelax
VRelax is a company based in Groningen (Netherlands) founded in 2014 by Marieke Jongma and Stefan Vogelzang.. VRelax has raised $1.3 million across 1 funding round from investors including Healthy.Capital and Knop Investments. VRelax offers products and services including VRelax App and VR Worlds. VRelax operates in a competitive market with competitors including Muse, Flow Neuroscience, Freespira, Apollo Neuroscience and Feel Therapeutics, among others.
- Headquarter Groningen, Netherlands
- Founders Marieke Jongma, Stefan Vogelzang
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.3 M (USD)
in 1 rounds
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Latest Funding Round
$1.3 M (USD), Seed
May 21, 2024
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Investors
Healthy.Capital
& 1 more
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Employee Count
Employee Count
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Products & Services of VRelax
VRelax offers a comprehensive portfolio of products and services, including VRelax App and VR Worlds. 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 application for stress relief and distraction in healthcare settings.
Interactive virtual environments for mental health relaxation and medical procedures.
Funding Insights of VRelax
VRelax has successfully raised a total of $1.3M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.3 million completed in May 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $1.3M
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First Round
First Round
(21 May 2024)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Seed - VRelax | Valuation | Healthy.Capital , Knop Ventures |
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| 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 VRelax
VRelax has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Healthy.Capital and Knop Investments. 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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Healthy.Capital is focused on investing in digital health startups.
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Founded Year | Domain | Location | |
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Knop Investments is focused on sustainable investment for future generations.
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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 VRelax
| 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 - VRelax
| 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 |
Vrelax Comparisons
Competitors of VRelax
VRelax 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, Apollo Neuroscience and Feel 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 |
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 |
Wearable technology is developed for stress reduction and sleep enhancement.
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| domain | founded_year | HQ Location |
Provider of digital Precision Medicine company leveraging objective data and passive measurement for mental healthcare
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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 |
|---|---|---|---|---|
| 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 Vrelax
Frequently Asked Questions about VRelax
When was VRelax founded?
VRelax was founded in 2014 and raised its 1st funding round 10 years after it was founded.
Where is VRelax located?
VRelax is headquartered in Groningen, Netherlands. It is registered at Groningen, Groningen, Netherlands.
Who is the current CEO of VRelax?
Stefan Vogelzang is the current CEO of VRelax. They have also founded this company.
Is VRelax a funded company?
VRelax is a funded company, having raised a total of $1.3M across 1 funding round to date. The company's 1st funding round was a Seed of $1.3M, raised on May 21, 2024.
What does VRelax do?
VRelax was founded in 2014 in Groningen, Netherlands, within the health technology sector. A virtual reality headset integrated with a mobile app is offered to facilitate stress reduction. Users are enabled to choose virtual environments for immersive teleportation experiences aimed at relaxation. Biofeedback data and app-based measurements are collected, viewed, and analyzed to provide personal insights into stress levels and progress.
Who are the top competitors of VRelax?
VRelax's top competitors include Muse, Flow Neuroscience and Sensate.
What products or services does VRelax offer?
VRelax offers VRelax App and VR Worlds.
Who are VRelax's investors?
VRelax has 2 investors. Key investors include Healthy.Capital, and Knop Investments.