XRHealth
Financials
Estimates*
USD | 2018 | 2019 | 2020 | 2021 | 2023 |
---|---|---|---|---|---|
Revenues | 2.8m | 2.9m | 8.5m | 13.3m | 8.3m |
% growth | - | 4 % | 193 % | 56 % | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | - | ||
N/A | $3.3m | Seed | |
$3.3m | Seed | ||
N/A | $1.2m | Series A | |
* | N/A | $4.0m | Seed |
* | $7.0m | Early VC | |
$450k | Grant | ||
$9.0m | Late VC | ||
* | $10.0m | Late VC | |
* | $6.0m Valuation: $50.0m | Late VC | |
Total Funding | €40.9m |
Recent News about XRHealth
EditXRHealth operates a virtual clinic that combines advanced technology and licensed therapists to offer virtual reality (VR) therapy for pain relief and rehabilitation. The company serves individuals suffering from various conditions such as neurological rehabilitation, cervicalgia, shoulder injuries, lower back pain, and upper back pain. XRHealth's market primarily includes patients in the USA, Australia, and Israel who are seeking convenient and effective therapy solutions. The business model revolves around providing VR headsets and remote therapy sessions, which are covered by most insurance providers. Revenue is generated through insurance reimbursements and direct payments from clients. XRHealth's innovative approach allows patients to receive personalized treatment in the comfort of their homes, guided by professional therapists who monitor and adjust therapy in real-time.
Keywords: virtual reality therapy, pain relief, rehabilitation, remote therapy, licensed therapists, personalized treatment, insurance coverage, neurological rehabilitation, VR headsets, telehealth.