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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 identify.
XRHealth’s platform permits sufferers on the autism spectrum and people with stress and nervousness, continual ache, fibromyalgia and neurological circumstances to attach with a supplier through telehealth and obtain advisable therapies on a digital actuality headset despatched to the affected person’s house. Knowledge is collected and transferred to the supplier, and sufferers can observe their course of through XRHealth’s cellular app.
Amelia Digital Care, previously Psious VR, affords a digital actuality platform for psychological well being professionals to carry out assessments and supply interventions, resembling mindfulness, rest, gradual publicity and psychoeducation.
The finalization of the merger is topic to shareholder approval from each corporations.
“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 help scale (together with real-time and asynchronous management of therapies and therapy plans, connectivity, integrations to EHR/CRM, and contours of communications).
“This resolution is good for suppliers and third-party corporations that need to assist revolutionize healthcare with a XR software program with out investing money and time into constructing all of the supporting infrastructure. We’ve a rising variety of content material companions at the moment and count on 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 increase its telehealth platform and a $450,000 grant from the Israeli Innovation Authority to offer 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.
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