GET A PIECE OF XRHEALTH
Overview
1:1 Virtual Therapy With Virtual Reality
From the Comfort of Home
Our Virtual Therapy is Safe, Secure and Loved by Our Patients:
We also offer Software as a Service (Saas) to providers, hospitals, and rehabilitation centers.
Our Story
XRHealth was founded by Eran Orr, an Air Force veteran pilot and an industry early adopter of virtual reality (VR). After suffering from chronic neck pain caused by heavy helmets used during flights, he saw a need to bring his VR expertise into healthcare. Based on his experience, he believed VR was the perfect tool for simulated training to maximize the effectiveness of physical therapy.
So...he set on a new mission to help others recover from pain by using VR. He teamed up with interdisciplinary experts including medical professionals, data scientists, graphic artists, and more to make it happen. XRHealth became the first company to combine a telehealth online clinic with gamified virtual reality facilitated by licensed therapists.
The Problem
1. Chronic conditions affect 60% of Americans, with more than 40% experiencing 2 or more conditions. Some conditions may require long waits to receive care to heavy patient loads in clinics.
2. Despite the need for ongoing care, patients are often over-taxed due to 'commuter fatigue,' pain of care, or boredom. As a result, patients have a 50% average treatment adherence rate and 70% churn rate (in comparison with 91.2% adherence and 10% churn with XRHealth).
3. Digital at-home services became the 'new normal,' which highlighted the gaps in brick and mortar care including the lack of data, real-time progress insights, easy-to-use platforms and interfaces, access to clinicians outside of therapy, and more.
THE Market
The fast-growth telehealth market is projected to grow to $70.19 billion by 2026 and the metaverse global market is expected to climb to 800 billion by 2024. Telehealth services doubled during the pandemic and is expected to be the 'new normal' as lifestyles adjust and digital services improve.
The pandemic doubled the number of people who have used telehealth from 39.4% pre-COVID-19 to 79.5% post-quarantine.
Our services meet the specific needs of the following patient markets:
Our services meet the specific needs of the following patient markets:
The $3.8 trillion chronic and mental health conditions market
The $65.1 billion pain management market
The $22.5 billion global stroke management market
The $22.99 billion global multiple sclerosis (MS) therapies market
The $17.2 billion global stress management treatments market
The $10.89 billion global anxiety disorders and depression treatment market
The Parkinson’s disease market projected to reach $11.5 billion by 2029
The Autism Spectrum Disorders market projected to reach $4.53 billion by 2026
The Solution
Virtual Worlds, Real Results
Patients enjoy therapeutic exercises that feel more like games than work to promote adherence to treatment. Patients and therapists gain instant progress insights from biofeedback and other data-tracking mechanisms that flows from the headset to the XRHealth platform. Therapists can use this data to personalize treatments for optimal success.
XRHealth takes digital health services to the web 3.0 revolution in the metaverse
In the old world, you needed to drive to a clinic or hospital and go to a specific room to meet with a therapist who is often chosen by the clinical setting or HMO plan. But the way we are conducting therapy is rapidly changing to match the modern lifestyle.
In the metaverse, you can enter any virtual treatment room and meet any therapist you want (or meet other patients) no matter where they are. And we believe this fosters better compliance with treatment, which we are already seeing from primary surveys.
That's why we are building some of the first virtual clinics in the metaverse.
This is the new world:
Gamified therapy fosters better treatment compliance because its fun!
Better Results = Better Quality of Life
XRHealth patients across multiple health verticals report a decrease in symptoms related to chronic pain, stress & anxiety, and neurological conditions.
Pain Management vertical:
Behavioral Health vertical:
Neurological Disorders vertical:
Business Model
Our Insurance Coverage
B2B: SaaS - Virtual Treatment Rooms
In our B2B model, inpatient and outpatient facilities partner with XRHealth to expand their skilled therapy and rehabilitation services. We generate revenue throughout the process.
Our Partner Providers
The Patient's Voice
"It's better to have 100 users love you than 1 million [sic] kinda like you. The true seed of scale is love, and you can't buy it, hack it, or game it", said Sam Altman, Master of scale.
Our Growth
The XRhealth platform expansion drives growth! To date, XRHealth has treated over 2,000 patients in 5 operating virtual clinics.
Therapy in the metaverse is no longer a dream or science fiction. It's already working, making it clear that the new reality of healthcare is in immersive, digital applications.
Let's take a look at the numbers. XR Health is expanding exponentially to meet the growing demand, with a current growth rate of 400%.
*The above graphic includes unaudited financial information and is subject to change. From Q1-Q3 2021, the Company has achieved $1.1M in revenue. The Company is pending their final Q4 unaudited data. Please refer to the risk factors in our Form C regarding forward looking information and our financial information.
Future Growth Plan
The use of funds is focused on
(1) Clinic expansion
(2) RnD - platform expansion
XRHealth virtual clinics combine immersive VR/AR technology with telehealth to help patients mitigate the symptoms of their chronic conditions in the comfort of their home via the metaverse.
Hillel Bachrach
Board of Directors
Eran Orr
CEO, Founder & Director
Gilad Meiri
Board of Directors
Miki Levy
CTO & Co-Founder
Deepa Javeri
Chief Financial Officer
Gal Hayut
Board of Directors
Sergey Gribov
Board of Directors
Maximum Number of Shares Offered subject to adjustment for bonus shares
Voting Rights of Securities Sold in this Offering
Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.
*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.
Investment Incentives and Bonuses*
Early Bird
Early Bird Bonus - First 7 days | XRHealth t-shirt
Volume
Tier 1 perk ($256) - Limited edition merchandise for investors only: XRHealth T-shirt)
Tier 2 perk ($512) - Limited edition merchandise for investors only: XRHealth signature coin)
Tier 3 perk ($1,500) - Limited edition merchandise for investors only: XRHealth stress ball + signature coin + T-shirt)
Tier 4 perk ($3,000) - Exclusive webinar with Eran Orr, XRHealth CEO, "Overview about Healthcare and XR")
Tier 5 perk ($5,000) - XRHealth VR headset loaded with a lifetime subscription to all our VR therapy apps)
Tier 6 perk ($10,000) - XRHealth VR headset loaded with a lifetime subscription to all our VR therapy apps + 1:1 meeting with Eran Orr, XRHealth CEO, on Zoom)
*All perks occur when the offering is completed.
Irregular Use of Proceeds
We will not incur any irregular use of proceeds.
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