XRHealth – a leading healthcare platform in Spatial computing – recently announced that the company secured $6 million in funding led by Asabys Partners, with the participation of NOVA Prime Fund, a venture capital fund created by global innovator LG Electronics and Clearbrook, LLC., and XRHealth’s current investors.
Driving the completion of the merger between XRHealth and Amelia Virtual Care, the funding supports the growth of the combined entities. The funding will also further enable the development of an AI-based clinician that can treat patients for mental health conditions and walk patients through physical and occupational treatment programs.
The merger with XRHealth and Amelia Virtual Care created the largest extended reality platform company covering mental, physical, and occupational health. And the new funding round supports the merger of the businesses, technologies, and teams, and will be used to leverage new opportunities derived from the synergies of the combined entity.
With its own virtual clinics, XRHealth offers a platform with immersive VR/AR technology and advanced data analytics to healthcare providers, that enables patients to receive treatment from the comfort of their homes. And the solution helps clinicians treat patients with a broad range of mental and physical health issues like acute and chronic pain, post-stroke needs, fibromyalgia, anxiety, stress, dementia, etc.
KEY QUOTES:
“The funding is intended to support the growth of our platform, which is now the largest virtual/augmented reality solution supporting both physical and mental health, revolutionizing digital healthcare by making it accessible to anyone, no matter where they are located. We are also very excited to announce that we are working on an AI clinician in Spatial computing which will reduce the burden from the clinical staff and improve access to healthcare to millions of patients around the world.”
— Eran Orr, Chief Executive Officer of XRHealth
“XRHealth’s use of advanced technologies in its healthcare platform sets it apart as an innovative solution for healthcare. The digital healthcare market is in need of unique offerings that can set the industry on the path of large scale transformation with new capabilities, greater access to care and services, and we’re looking forward to working with the XRHealth as they continue to grow their offering to meet these needs.”
— Ali Diallo, Managing Director at NOVA Prime Fund
