Immergo Labs

Redefining Telehealth for Physical Therapy

Immergo Labs

Redefining Telehealth for Physical Therapy

Santa Cruz, CA
Health Tech
Immergo Labs is building a virtual reality platform that allows physical therapists (PT) to transcend the limits of telehealth and provide care to patients remotely. The company is currently pre-revenue and working to refine their prototype, based on rigorous scientific research and in collaboration with in-field practitioners, to develop a truly accessible and equitable tool for the healthcare industry.

$151,306

raised
62
Investors
$19.5M
Valuation
$2.24
Price per Share
$199.36
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
Reg CF
Offering

$151,306

raised
62
Investors
$19.5M
Valuation
$2.24
Price per Share
$199.36
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
Reg CF
Offering

Stack Owner's Bonus & Rewards!

Members get an extra 10% shares in addition to rewards below!

Rewards

Get rewarded for investing more into Immergo Labs:

$198+
Investment
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
$200+
Investment
$200 | Tier 1
Priority access and support to Immergo Beyond Platform for 1 Year after Launch.
$500+
Investment
$500+ | Tier 2
2% bonus shares, Immergo T-Shirt, + all perks from previous tiers.
$1,000+
Investment
$1,000+ | Tier 3
3% bonus shares, Immergo Hoodie, + all perks from previous tiers
$2,500+
Investment
$2,500+ | Tier 4
5% bonus shares, mention on Immergo Website (if desired), Immergo founders club certificate, + all perks from previous tiers.
$5,000+
Investment
$5,000+ | Tier 5
7% bonus shares, Video call with the founders, + all perks from previous tiers.
$10,000+
Investment
$10,000+ | Tier 6
10% bonus shares, Access to Immergo Beyond Alpha Platform & VR Meetup with the Founders, + all perks from previous tiers.
$20,000+
Investment
$20,000+ | Tier 7
15% bonus shares, Tour of the Company; A day in Santa Cruz w/Co-Founders, Surfing w/Co-Founder Ash, Try Local Foods at Santa Cruz Boardwalk, Hike redwood forest to the beach, Crawl of popular breweries and hidden local beaches, + all previous perks.

Reasons to Invest

  • Immergo labs is building what we believe to be the world’s first virtual reality telehealth platform for physical therapists. Our system connects telehealth practitioners to patients using 3D avatars and AI-generated measurements, so that they can accurately evaluate movement and guide patients through the therapeutic process remotely.

  • Immergo is poised to tap into the $50 billion physical and occupational therapy services market in the United States which is projected to grow to over $71 billion by 2028 (source). As adoption of telehealth platforms has accelerated, hands-on therapists are in need of better tools in order to execute a level of care on par with in-person visits.

  • Immergo’s core team is composed of PhDs with expertise in computer engineering, computational media, biomechanics, and robotics –their platform is actively being co-designed based on the qualitative evidence and feedback of over 200 therapists working  in the physical therapy industry worldwide. This led to a quarter million dollar award from the U.S. National Science Foundation to develop this platform for profound societal impact.


overview


Tools for Navigating Tomorrow’s Telehealth Landscape


Immergo Labs is a people-first company with a mission to support physical therapists and provide them with the best possible tools to do their job. Throughout our work conducting research, surveys, and interviews with practitioners, we’ve learned that one of the most pressing concerns facing today’s PT professionals is adapting to a telehealth model for providing care. Rather than replacing the human connection that is critical to the industry, we’re developing technology that helps therapists overcome these challenges and do more of what they love to do, which is help people.


Immergo's Demo video from the American Physical Therapy Association February 2022 Combined Section Meeting:


*The above is a rendering of a future product. Images are computer generated demo versions. Product is still currently under development and is not yet available on the market.


the problem & our solution


Telehealth Without Compromising Quality of Care


For anyone recovering from an injury or surgery, looking to overcome pain, or increase functional mobility, physical therapy (PT) is a powerful tool that helps millions of people (source). However, for therapists who have traditionally practiced hands-on in a treatment room, telehealth platforms have proven limiting (source). For physical rehabilitation to be successful, providers need to be able to see their patients move, accurately assess their progress, and intuitively guide them through the recovery process both in person and remotely.


*The above is a rendering of a future product. Images are computer generated demo versions. Product is still currently under development and is not yet available on the market.


As a solution, Immergo has built an all-in-one virtual platform where therapists can practice remotely, yet still access the critical insights needed to provide quality care. The software allows them to monitor patient avatars in real-time or holograms remotely with a simple VR setup while also measuring strength, balance, and range-of-motion metrics in the process. Using the Immergo platform, clinicians will have the ability to implement a hybrid model, and offer remote visits as an extension of their in-person care, as well as run their own virtual clinics independently, to reach clients anywhere with the metaverse.


*The above is a rendering of a future product. Images are computer generated demo versions. Product is still currently under development and is not yet available on the market.

the market & our traction


At The Intersection of Research and Real Life Application

(source & source)


Immergo’s very first investor was the National Science Foundation, who provided $256K in funding for initial development. This support has allowed our team to translate over six years of extensive research regarding the biomechanics of rehabilitation and develop our own machine learning algorithms. We’ve also used this time to refine the user experience based on our understanding of issues facing the physical therapy industry.




*The above is a rendering of a future product. Images are computer generated demo versions. Product is still currently under development and is not yet available on the market.

On the heels of these efforts, Immergo has licensed one patent from the University of Santa Cruz, applied for a separate non-provisional patent and secured important partnerships in the process. We are currently partnering with the Department of Veterans Affairs, to bring this type of remote care to VA patients, and have been connected with the American Physical Therapy Association- the largest PT organization in the United States for two years. At a recent APTA conference, initial demos of the technology were met with positive response, and as a result, the waiting list for access to our platform continues to grow.


*The above testimonials may not be representative of the opinions of other medical experts or experiences of other customers and is not a guarantee of future performance or success

why invest


Let's Bring Meaningful Solutions to the Metaverse


Although Immergo is rapidly gaining traction between proof of concept, emerging partnerships and planned product testing, true success to us is about actually getting our technology into the hands of therapists and patients. With the support of investors who believe in equitable, accessible care, we believe that we can begin this process in earnest, and start shaping the future of telehealth for the better. Help us pave our pathway to launch by investing with Immergo Labs, today!


*The above is a rendering of a future product. Images are computer generated demo versions. Product is still currently under development and is not yet available on the market.


Code View

In the Press

Santa Cruz Works

Immergo Labs Secures Major Partnerships and Initial Investors to Support Physical Therapy in the Metaverse

National Science Foundation

SBIR Phase I: An immersive virtual reality platform for remote physical therapy and monitoring

The Tech Tribune

2022 Best Tech Startups in Santa Cruz

XR Inclusion

XR Creator Spotlight: Aviv Elor, Co-Founder & Lead Investigator, Immersive Labs

Santa Cruz Works

Redefining Physical Therapy Through the Metaverse: Immergo Labs Makes Waves With Their First Demo at APTA CSM 2022

Santa Cruz Works

Recap of Startup Rumble New Tech

Santa Cruz Works

Immergo Awarded Startup Sandbox Coworking Subsidy

Santa Cruz Works

7 Brightest New Santa Cruz Startups

Santa Cruz Works

Santa Cruz Accelerates #26: Immergo LLC

Offering Summary


Company

:

Immergo Labs, Inc.

Corporate Address

:

250 Natural Bridges Dr, Santa Cruz, CA 95060

Offering Minimum

:

$9,999.36

Offering Maximum

:

$1,069,983.04

Minimum Investment Amount

(per investor)

:

$199.36











Terms


Offering Type

:

Equity

Security Name

:

Common Stock

Minimum Number of Shares Offered

:

4,464

Maximum Number of Shares Offered

:

477,673

Price per Share

:

$2.24

Pre-Money Valuation

:

$19,478,258.24











*Maximum number of shares offered subject to adjustment for bonus shares. See Bonus info below.

Time-Based:

Friends and Family Early Birds

Invest within the first 48 hours and receive an additional 20% bonus shares.

Super Early Bird Bonus

Invest within the first week and receive an additional 10% bonus shares.

Early Bird Bonus

Invest within the first ten days and receive an additional 5% bonus shares.


Amount-Based:

$200 | Tier 1

Priority access and support to Immergo Beyond Platform for 1 Year after Launch 

$500+ | Tier 2

2% bonus shares, Immergo T-Shirt, + all perks from previous tiers

$1,000+ | Tier 3

3% bonus shares, Immergo Hoodie, + all perks from previous tiers

$2,500+ | Tier 4

5% bonus shares, mention on Immergo Website (if desired), Immergo founders club certificate, + all perks from previous tiers

$5,000+ | Tier 5

7% bonus shares, Video call with the founders, + all perks from previous tiers

$10,000+ | Tier 6

10% bonus shares, Access to Immergo Beyond Alpha Platform & VR Meetup with the Founders, + all perks from previous tiers

$20,000+ | Tier 7

15% bonus shares, Tour of the Company & A day in Santa Cruz with the Co-Founders, Go Surfing with our Co-Founder Ash in the famous Steamer’s Lane, Try local foods at the famous Santa Cruz Boardwalk, Hike in the redwood forest to the beach, Crawl of popular breweries and hidden local beaches, + all perks from previous tiers

*In order to receive perks from an investment, one must submit a single investment in the same offering that meets the minimum perk requirement. Bonus shares from perks will not be granted if an investor submits multiple investments that, when combined, meet the perk requirement. All perks occur when the offering is completed.


The 10% StartEngine Owners' Bonus

Immergo Labs will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $2.24 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $224. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% Bonus is only valid during the investor's eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.

Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested and time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus in addition to the aforementioned bonus.

Irregular Use of Proceeds

The Company will not incur any irregular use of proceeds.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$14,718.00 USD
$0.00 USD
Cash And Cash Equivalents
$14,718.00 USD
$0.00 USD
Accounts Receivable
$0.00 USD
$0.00 USD
Short Term Debt
$0.00 USD
$0.00 USD
Long Term Debt
$0.00 USD
$0.00 USD
Revenues And Sales
$60,000.00 USD
$0.00 USD
Costs Of Goods Sold
$0.00 USD
$0.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$9,193.00 USD
$0.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

Over $100k of investment in the first week!

4 days ago

A HUGE thank you to our investors who helped us over this milestone in the FIRST week! 

In just five days, 49 investors have joined Immergo's mission towards revolutionizing telehealth! We've officially raised over $100k and are incredibly grateful to everyone who has joined us on this mission. We believe in equitable care, putting people first, and building the metaverse for good – all of this support will help us forge a new pathway to care.  

But we’re just beginning and we need your help. Please spread the word by inviting your friends & family to join us as we develop our telehealth platform. Stay tuned, we have some exciting updates to share with everyone! Lastly, please don’t hesitate to ask any questions in our comments section.

LET’S REVOLUTIONIZE TELEHEALTH!

THANK YOU!!!

Show More Updates End of Updates

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