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AppliedVR

VR-based therapeutic pain management platform

Overview

AppliedVR develops therapeutic virtual reality tools for chronic pain management. Its main product is a VR-based treatment that patients can use at home, enabling self-management of pain through VR experiences and guided content. The system works with a headset and subscription access to curated therapeutic programs, aimed at reducing the need for traditional pain medications and empowering patients to manage their symptoms. The company differentiates itself by combining home-based, self-guided VR therapy with partnerships with healthcare providers and insurers to embed its solutions into broader pain-management programs, supported by a focus on scientific rigor and patient empowerment. Its goal is to expand access to effective non-pharmacological pain relief and improve patient outcomes within the digital health landscape.

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About AppliedVR

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Industries

HardwareVR & AREnterprise SoftwareHealthcare

Company Size

51-200

Company Stage

Series B

Total Funding

$72.5M

Headquarters

Los Angeles, CA

Founded

2015

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Funding

Total Funding

$72.5M

Above

Industry Average

Funded Over

4 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Meet Average

Industry standards

$35M
$36M
$45M
$65M
$100M

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • 401(k) Retirement Plan
  • 401(k) Company Match
  • Life Insurance
  • Disability Insurance
  • Remote Work Options
  • Parental Leave
  • Paid Holidays
  • Paid Sick Leave

Company News

The Bakersfield Californian
Jun 18th, 2024
AppliedVR names accomplished workers' comp veteran Michael Marsau Executive Director, Workers' Compensation

AppliedVR has appointed Michael Marsau its Executive Director of Workers' Compensation.

HIT Consultant
Jun 6th, 2024
Clinical Study Shows Vr Treats Pain Consistently Across Sociodemographic Categories

What You Should Know:–              AppliedVR, an immersive therapeutics (ITx) pioneer advancing a novel, virtual reality-based approach to medicine, today announced results from a secondary analysis of a large randomized controlled trial (RCT) that evaluated whether socio-demographic factors affected the clinical effectiveness of receiving a virtual reality (VR) therapy that treats chronic low back pain (cLBP) at home.–              Researchers sought to determine whether there were differences among key participant cohorts across patient-reported clinical effectiveness, therapeutic program engagement, and patient-reported VR device usability ratings.RelieVRx: A Breakthrough in Pain Management Across Diverse DemographicsThe study published in the Journal of Medical Extended Reality revealed that AppliedVR’s FDA-authorized RelieVRx device produced clinically effective results across various demographics, including age, gender, race/ethnicity, and socioeconomic status. Notably, therapeutic program engagement remained consistent across these socio-demographic categories, with the exception of age, where older adults (65+) demonstrated greater engagement than their younger counterparts. Usability ratings for RelieVRx were consistently high (A+), with only minor variations observed among different racial/ethnic groups.The established inequities in chronic pain care highlight the potential of immersive therapeutics like RelieVRx to overcome common barriers to care. By offering a clinically validated intervention that patients can self-administer at home without the need for connectivity or complicated setups, healthcare providers can reduce dependence on pharmacological treatments and surgical procedures. This scalable solution addresses the diverse needs of patient populations effectively.Previous research published in Mayo Clinic Proceedings: Digital Health also supports the efficacy of RelieVRx, demonstrating significant reductions in pain intensity and pain interference among adults with chronic lower back pain (cLBP). Participants who completed the program experienced an average reduction of 2.0 points in pain intensity and 2.3 points in pain interference on a numerical rating scale from zero to ten

HIT Consultant
May 22nd, 2024
Virtual Reality Relief For Workers’ Compensation: Appliedvr Launches Relievrx® Program

What You Should Know:– AppliedVR, a leader in immersive therapeutic solutions, has announced the launch of their flagship product, RelieVRx®, into the workers’ compensation market. This FDA-authorized virtual reality (VR) program is the first of its kind to offer comprehensive, non-pharmacological treatment for chronic lower back pain (CLBP– AppliedVR’s RelieVRx® program signifies a significant advancement in pain management for workers’ compensation claims.A Non-Pharmacological Approach to Pain ManagementRelieVRx® stands out as the first comprehensive, immersive VR treatment specifically designed to address CLBP in workers’ compensation cases. This non-pharmaceutical pain therapy provides a cost-effective and convenient option for injured workers.The RelieVRx device provides a safe and effective alternative to traditional pain management methods. Here’s what makes it unique:Immersive VR Experience: Patients learn valuable skills through a fully immersive VR experience, empowering them to actively manage and reduce their pain.Patients learn valuable skills through a fully immersive VR experience, empowering them to actively manage and reduce their pain. Cost-Effective and Non-Pharmacological: RelieVRx offers a cost-effective solution without the use of medications, potentially reducing long-term healthcare costs.RelieVRx offers a cost-effective solution without the use of medications, potentially reducing long-term healthcare costs. Clinically Proven Results: Studies have shown that RelieVRx leads to clinically significant reductions in pain intensity and its impact on daily activities, sleep, mood, and stress

The Bakersfield Californian
May 22nd, 2024
AppliedVR launches RelieVRx(R) for workers' compensation patients, payers and physicians

AppliedVR, a pioneer in immersive therapeutics advancing a novel approach to medicine, has launched its flagship RelieVRx(R) prescription therapeutic into workers' compensation.

Business Wire
May 22nd, 2024
Appliedvr Launches Relievrx(R) For Workers' Compensation Patients, Payers And Physicians

AppliedVR launches RelieVRx for workers' compensation. The first FDA-authorized virtual reality prescription therapeutic for chronic lower back pain, RelieVRx provides a fully immersive VR experience to help injured workers learn skills to reduce & manage their CLBP. Extensive research shows the home-based, self-administered program produces clinically meaningful reductions in both pain intensity and pain interference with sleep and activities. Developed by pain specialists led by Stanford's Beth Darnall, PhD, the program incorporates validated principles of cognitive behavioral therapy, biofeedback and emotional regulation. See https://www.relievrx.com/workers-comp. (Photo: Business Wire)AppliedVR launches RelieVRx for workers' compensation

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