Boston-based digital actuality platform XRHealth and Barcelona-based Amelia Digital Care, a VR platform for psychological well being professionals, introduced their intention to merge into one firm underneath the XRHealth model title.
XRHealth’s platform permits sufferers on the autism spectrum and people with stress and anxiousness, continual ache, fibromyalgia and neurological circumstances to attach with a supplier by way of telehealth and obtain advisable therapies on a digital actuality headset despatched to the affected person’s residence. Information is collected and transferred to the supplier, and sufferers can observe their course of by way of XRHealth’s cell app.
Amelia Digital Care, previously Psious VR, presents a digital actuality platform for psychological well being professionals to carry out assessments and supply interventions, reminiscent of mindfulness, leisure, gradual publicity and psychoeducation.
The finalization of the merger is topic to shareholder approval from each firms.
“With our merger, we now have an end-to-end product that addresses privateness and safety, a number of use instances with quite a lot of content material, compliance and regulation, and operational instruments to assist scale (together with real-time and asynchronous management of remedies and therapy plans, connectivity, integrations to EHR/CRM, and contours of communications).
“This resolution is good for suppliers and third-party firms that wish to assist revolutionize healthcare with a XR software program with out investing money and time into constructing all of the supporting infrastructure. We’ve got a rising variety of content material companions immediately and anticipate this to extend dramatically after this merger,” Miki Levy, cofounder and CTO of XRHealth, mentioned in a press release.
MARKET SNAPSHOT
In 2020, XRHealth scored $7 million in funding to develop its telehealth platform and a $450,000 grant from the Israeli Innovation Authority to supply Israeli hospitals with telehealth companies to fight the consequences of COVID-19. Final 12 months, the corporate introduced it raised $10 million in funding.
Final 12 months, Amelia Digital Care raised €7 million ($7.73 million) in funding.
