XRHealth Secures $10M in Funding to Expand VR Healthcare Treatment
XRHealth has raised $10M in funding to expand virtual healthcare treatment in the metaverse. The funding was backed by HTC, Bridges Israel impact investment fund, AARP, crowdfunding on StartEngine.com, and existing investors.
“Together, we’re taking the next step in growing the open ecosystem and providing greater access to care while reducing costs. Interoperability is key and working with XRHealth opens a world of possibilities in using technology for good,” said Cher Wang, HTC co-founder and chairwoman.
XRHealth says that as a “pioneer of virtual healthcare treatment”, it is creating a major imprint on the healthcare metaverse presence by expanding its accessibility to patients worldwide, connecting patients with treating clinicians.
“XRHealth is putting virtual clinics into users’ pockets at a critical time in the changing landscape of the medical delivery and the technology industry,” said Eran Orr, chief executive officer of XRHealth. “We are leveraging these changes to create a new form of healthcare that is accessible at any time of day, from any location in the virtual environment of the metaverse, where treatment can be personalized and adjusted based on real-time analytics.”
“Widely covered by insurance providers XRHealth’s virtual clinics inclusively improves access to quality care and enhances the efficacy of healthcare treatment,” added Gal Hayut, managing partner at Bridges Israel and a member of XRHealth’s board. “As an impact-tech investor we see the company’s growth, positive clinical results alongside high patients’ satisfaction as an indication of its tangible impact on patients’ wellbeing.”
XRHealth’s platform is FDA and CE registered and provides an immersive experience for users, transporting them to a virtual world for comprehensive therapeutic care. Patient care is covered by Medicare and is available under most major insurance providers, according to XRHealth.