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AppliedVR

Los Angeles, California, United States

Los Angeles-based immersive therapeutics company developing virtual reality products for pain management. Its prescription RelieVRx device, formerly EaseVRx, delivers an eight-week program incorporating cognitive behavioral skills, breathing and mindfulness for adults with chronic low back pain. The FDA granted EaseVRx De Novo marketing authorization in November 2021; this does not establish authorization for other conditions. The company's SustainVR product is a general wellness device offered within the US Department of Veterans Affairs. Founded in 2015, AppliedVR combines behavioral science, neuroscience and medical-device engineering, with research programs supported by NIH SBIR awards. It announced a USD29 million Series A in March 2021 and a USD36 million Series B in November 2021. Research partnerships, reimbursement and cumulative financing totals are distinct from individual funding rounds.

Founded 2015

Team

Arnie FishmanCo-Founder
Beth DarnallBeth DarnallChief Science Advisor
David SackmanDavid SackmanCo-Founder
Emily JudgeEmily JudgeVice President, Access and Partnerships
Josh SackmanJosh SackmanCo-Founder and President
Keith BradyKeith BradyVice President, Sales
Matthew StoudtMatthew StoudtCo-Founder and Chief Executive Officer
Myles GuanzonMyles GuanzonVice President, Engineering
Oliver KoechliOliver KoechliChief Operating Officer
Stevie CoganStevie CoganHead of People
Todd MaddoxTodd MaddoxVice President, Research and Development

Investments

$36M2021-11-11F-Prime Capital, JAZZ Venture Partners, Sway Ventures
$29M2021-03-23F-Prime Capital, JAZZ Venture Partners, Sway Ventures, GSR Ventures, Magnetic Ventures, Cedars-Sinai Medical Center
$150KUnknown date0 participations
$1MUnknown date0 participations
$1MUnknown date0 participations