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XRHealth Announces $7M in Funding to Expand Telehealth Platform

Apr 22, 2020•about 5 years ago

Amount Raised

$7 Million

Boston

Description

 XRHealth, the leader in extended reality and therapeutic applications, announced that they raised $7M in funding to expand their telehealth platform to support more clinicians and patients for virtual/augmented reality therapy. The round was led by Bridges Israel, Flint Capital, 20/20 HealthCare Partners and comes at a time that millions of people are isolated due to COVID-19 and are in need of various telehealth solutions that provide high quality care and enable patients to adhere to self-distancing precautions.

Company Information

Company

Xr Health

Location

Boston, Massachusetts, United States

About

XRHealth, formerly known as VRHealth, is the leader in extended reality and therapeutic applications providing both VR and AR solutions for the medical industry. XRHealth is the first certified Extended Reality medical company in the world; their Medical Applications are FDA & CE Registered. They provide first-of-its-kind healthcare technology that helps clinicians better manage their patients' care via specialized extended reality technology solutions and data analysis. XRHealth created the first virtual reality telehealth clinic in the world that is currently certified in 17 states. The VR solution known as the VRHealth Platform collects and examines user data through artificial intelligence (AI) and cloud-computing algorithms to deliver advanced data analytics in real-time, consistently enabling healthcare providers to enhance their users' and payers' healthcare experiences. The company offers a variety of patent-pending solutions from rehabilitation services to cognitive assessment and training, to pain management. XRHealth works with several world-renowned U.S. healthcare providers, hospitals and rehabilitation centers. Founded in 2016, XRHealth is headquartered in Israel and Boston, Massachusetts. Learn more at https://www.xr.health/.