The XRHealth offering is now closed and is no longer accepting investments.

XRHealth

On-demand virtual care reinvented

XRHealth

On-demand virtual care reinvented

Brookline, MA
Health Tech
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.

$255,147

raised
109
Investors
$81M
Valuation
$25.63
Price per Share
$256.30
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
0
Days Left

$255,147

raised
109
Investors
$81M
Valuation
$25.63
Price per Share
$256.30
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
0
Days Left
This offering ended on February 09, 2022 and is no longer accepting investments.

Reasons to Invest

  • The metaverse global market opportunity is projected to reach 800 billion by 2024 and the fast-growth telehealth market is predicted to reach a value of $70.19 billion by 2026XRHealth has already contributed significantly to this projection. In 2021, XRHealth generated over $1M of this revenue in YTD and our QoQ growth has been 300+%.
  • XRHealth was operating clinics in the metaverse before there was a common word to describe the next evolution of the internet or web 3.0. To date, XRHealth has treated over 2,000 patients in 5 virtual clinics. XRHealth plans to be a central player in DTx technology (aka Digital Therapeutics) using virtual and augmented reality to offer therapy in the metaverse.
  • XRHealth is poised to be an industry leader in VR/AR therapy due to strict adherence to FDA and HIPPA regulations during the past 5 years. XRHealth currently has 3 approved patents, 8 FDA registered medical applications, and 6 3rd party apps already in use. The digital services are covered by insurance thanks to changes in CPT codes during the pandemic, making it one of the most trustworthy digital health services.

Overview


Bringing Patient Care Into the Metaverse

XRHealth is spearheading the VR/AR therapy revolution by combining proprietary FDA-registered medical virtual reality (VR/AR) therapy with conventional telehealth solutions to offer patients personalized care they need for chronic conditions in the metaverse.

1:1 Virtual Therapy With Virtual Reality

From the Comfort of Home



A comprehensive therapeutic at-home care solution for multiple chronic conditions:


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


Current Telehealth Technology Provides Limited Treatment

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.


Source 1Source 2, Source 3

THE Market


A Fast Growing Industry With Impact Across Healthcare Verticals 

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 Solution


Building Therapy in the Metaverse

  • Our platform combines immersive VR/AR technology with telehealth services, licensed clinicians, and advanced data analytics for an all-in-one innovative solution for patients to receive high-quality care in the comfort of their homes via the Metaverse (the new term used to describe the virtual world).
  • We provide our patients with enjoyable treatments that feel like less work and more fun. Patients participate in weekly sessions with a licensed therapist who guides and monitors their treatment in real-time and adjusts therapy protocols remotely in the VR/AR headset.
  • In between sessions, the patient practices virtual reality exercises according to the tailored VR digital treatment plan (in addition to conventional exercises that may be suggested).
  • Patients use our mobile app to track their own progress, chat with their therapist, and communicate easily with clinic staff.
  • After each therapy session, the patient's insurance company is billed for telehealth services and Remote Therapeutic Monitoring (RTM) (a newly introduced CPT code now used to support the growth of digital therapeutics and foster the development of remote patient services).




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:

  1. Quantified data
  2. Real-time progress analysis
  3. Accessibility to care
  4. Improved patient experience


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 GO TO MARKET Strategy Combines:



B2C: Direct to Consumer



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


Growth on all fronts 


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


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In the Press

Times Magazine

The Coronavirus Outbreak Could Finally Make Telemedicine Mainstream in the U.S.

BBC

How virtual reality can help you manage pain

CNET

VRHealth works with Oculus to bring you at-home exercises using virtual reality

Forbes

See How This Company Uses Virtual Reality To Change Patient Healthcare

Dell

Doctor AI: Medical Exam

VR Focus

VRHealth To Make Its Medical Platform Available For Use At Home

MobiHealth News

VRHealth, AARP launch VR platform for remote patient monitoring, in-home therapy

Rachel Ray Show

Medical Virtual Reality featured on the Rachael Ray Show.

Offering Summary


Company

:

XRHealth, Inc.

Corporate Address

:

1330 Beacon St STE 209, Brookline, MA 02446

Offering Minimum

:

$9,995.70

Offering Maximum

:

$1,069,949.98

Minimum Investment Amount

(per investor)

:

$256.30











Terms


Offering Type

:

Equity

Security Name

:

Common Stock

Minimum Number of Shares Offered

:

390

Maximum Number of Shares Offered

:

41,746

Price per Share

:

$25.63

Pre-Money Valuation

:

$80,974,114.87











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.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$5,023,789.00 USD
$2,307,873.00 USD
Cash And Cash Equivalents
$2,481,903.00 USD
$1,915,708.00 USD
Accounts Receivable
$63,666.00 USD
$99.00 USD
Short Term Debt
$0.00 USD
$23,630.00 USD
Long Term Debt
$750,000.00 USD
$224,443.00 USD
Revenues And Sales
$399,475.00 USD
$143,955.00 USD
Costs Of Goods Sold
$221,914.00 USD
$52,431.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$7,321,831.00 USD
-$2,816,081.00 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

48 Hours Left to Invest! Don't miss this opportunity to change the face of healthcare.

5 months ago

Let's face it. Our world is changing right before our eyes as technology advances. And this is a big deal to healthcare. Now, we are on the brink of a massive healthcare revolution. The impending model is more:

  • Personalized
  • Digital
  • Interactive
  • Data-centric
  • Convenient
  • and most of all, fun. 

What would you like to add to the list?  

We welcome you to not just have a seat at the table, but to have a voice at it too! You have 48 hours left to invest in the future of healthcare. Don't miss out!

One week left! Don't miss out on the opportunity of a lifetime.

5 months ago


The campaign is winding down. And we'd hate to see you miss out. If you've been following the tech or healthcare news, healthcare is changing thanks to budding new technology and the improvements of existing tech. If you want to be part of making big waves in healthcare, now's your chance!

Invest in the next big thing in healthtech. Invest in the metaverse.

We're in Nasdaq!

5 months ago

We might be biased, but the market isn't. See what the big players are saying about us in Nasdaq.

We've been featured in Tech Crunch!

5 months ago

[Image: LG Nova]


Nothing quite makes it all feel real like seeing XRHealth in Tech Crunch!


Read how we've been shortlisted for LG Nova's incubator here!

The Consumer Electronics Show (CES) was a hit!

5 months ago

We started this year with a bang! XRHealth took our proof-of-concept to Las Vegas at one of the most noteworthy electronics trade shows in the world.

Check out our pics from the show, where we revealed our proof-of-concept for our LG Nova proto challenge contest (which we won). Treatment rooms in the metaverse in assisted living and continuing care retirement communities are on their way!


Nothing kicks off the day quite like a mimosa. 


Eran Orr with a captive audience


Eran test-driving our booth.


It's a game. It's therapy. It's a treatment room in the metaverse. 




The 30 Day Countdown Has Begun

5 months ago

Thanks for supporting XRHealth on our amazing journey. The last 30 days of our first crowdfunding campaign is winding down on Start Engine.

We wanted to make sure you don't miss out on this incredible opportunity to be part of building the future of healthcare.

We have been working diligently to address chronic conditions via VR/AR technology for the past two years and now we are ready to scale up. And with your contribution, we can help millions of people thrive despite their chronic conditions.

It's been an amazing crowdfunding journey. And now this round is coming to an end. 

At the time of writing this post, we’ve already raised over $200K on this round alone. On top of this, we've developed new partnerships that are bound to send us into the new year with an extra boost. And there is still room for you!

Are you ready to join in the mission to take these achievements one step further as we spread nationally and globally?

Just a little chat with one of the world's biggest players in extended reality

5 months ago

If you're not excited about VR/AR in the Metaverse yet, listen to our founder and CEO, Eran Orr, speak about our therapeutic applications with HTC VIVE. And check out exciting visuals! Who knew this would be the future of treatment. 


Introducing XRHealth Treatment Rooms with HTC’s VIVE Focus 3 and VIVE Flow

6 months ago


XRHealth has just teamed up with HTC, the global leader in premium virtual reality (VR). HTC is paving the way for businesses to use VR technology. With our partnership, this now means they can step up their game with treatment rooms in the Metaverse.

Clinicians will be able to use VIVE Focus 3, preloaded with XRHealth’s applications, to create a virtual treatment center that will engage and treat patients remotely.

VIVE Focus 3 will help amp up the therapy with high-quality visuals, a replaceable long-lasting battery, and an ultra-wide 120-degree field of view. Now, it’ll be even easier to feel part of the virtual world.

Patients can also enter their virtual treatment rooms from the comfort of their homes (or anywhere they have internet) using the ultra-lightweight VIVE Flow accessible with an Android 5G smartphone! And feel like they are transported to other worlds with their "VR colored" sunglasses, making VR feel more accessible to those just stepping into the Metaverse. 

With options like this, patients are bound to feel motivated to complete their exercises. Because who wouldn’t want to chase dragons or sit by the virtual seaside instead of doing the same old, boring routines?

XRHealth and LG Nova have teamed up to pilot treatment rooms in the metaverse in assisted living and continuing care retirement communities

6 months ago


It's a great honor to announce that we're among a handful of socially impactful startups accepted into LG NOVA’s Proto Challenge, their preliminary startup competition designed to coincide with LG NOVA’s global challenge program, Mission for the Future, to find technological solutions that will contribute to a better life. LG is allocating more than $1 million in initial funding to selected winning companies from LG NOVA Proto Challenge.

 

As part of the program, we will be piloting virtual treatment rooms in assisted living and continuing care retirement facilities to foster quality remote care using our VR/AR technology. We will be showcasing our proof-of-concept at the Consumer Electronics Show (CES) in Las Vegas on January 5-7, 2022. 


“What better forum than CES – the most influential tech event in the world – to celebrate the startups and entrepreneur communities building solutions to some of the world’s most pressing issues,” said LG NOVA Head Dr. Sokwoo Rhee, Corporate Senior Vice President for Innovation at LG Electronics. “As our LG NOVA program progresses, we’re using the power of collaboration to fuel innovation for society overall.”



What a way to kick-off the new year! Wishing all of you a meaningful, healthy year and years to come. 

The Metaverse Won Christmas!

6 months ago

If you're wondering what tech trends to follow, you can always get a glimpse of what tops the charts after Christmas. Well, this year, CNBC writer, Steve Koach, revealed that the Oculus VR app was the most popular app in Apple's App Store on Christmas Day.  For those of you not following 'techie' news, Meta (Facebook), acquired Oculus back in 2014, anticipating the next big tech boom with virtual reality. Fast-forward to the present and they are proving themselves seers in the Web 3.0 revolution. 

According to Koach, the app topping the charts indicates that Oculus VR headsets were among the most popular gifts this year. Because why would you download an app without the headset, right? This is also a sign of this year's tech trends. This may be the first year that Meta's Oculus app lead the way, but it is indubitably the last. 

Oculus might not stay at the top, but this chart supports the theory that the public is getting ready to adopt metaverse technology.

Are you ready to step into the Metaverse? Or help build it? 


We're on Kingscrowd, the up and coming "Bloomberg" for Crowdfunding

6 months ago

Kingscrowd, a one-stop-shop market rating and analytics platform for crowdfunding, has featured us! The "Bloomberg" for crowdfunding offers their guidance so you can invest like a venture capitalist. Check out what they say about us!

Whether you invest in us or other cool startups. It may be worth your while to open an account to take a peek under the hood of startups using crowdfunding. You can check out our profile here: XRHealth on StartEngine 2021 - KingsCrowd  


Notice of Funds Disbursement

6 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, XRHealth has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in XRHealth be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

VR Therapy in the Healthcare Market is Going to Boom!

6 months ago

COVID-19 changed our lives forever, including the way we take care of our health. And analysts are taking note.

We're honored to be listed in the Advance Market Analytics study featured on Energy Siren, where you can review the analysis in brief. 

In a nutshell, as our lives shifted nearly online full-time, entrepreneurs started looking for ways to make our virtual worlds more life-like and engaging. And that in turn, turned up the dial on solutions for healthcare. What was once for sci-fi enthusiasts and techies is now the future of modern medicine. Henceforth, healthcare in the metaverse is expected to boom. And we're one of the key players expected to make it happen. 

Stay tuned for the next big thing in healthcare. If you'd like to join in, you can invest easily on our Start Engine platform. 

Introducing our new eye-tracking feature, thanks to a new partnership with Tobii!

6 months ago

 


Now, we can support patients even better who are living with neurological conditions via Tobii eye-tracking integrated into the Pico Interactive Neo 3 Pro Eye headsets.  

We can measure the patient's pupil as a biomarker for stress, anxiety, and more; and track progress in real-time. 

"We are equipping our patients with the latest virtual reality technology so that they have access to the best healthcare experience available today," says Eran Orr, Founder & Chief Executive Officer at XRHealth in PR Newswire. "We are excited to partner with Tobii - the leader in eye-tracking – which will significantly improve patient treatment with accurate neurological measurements to provide markers for success."

Johan Hellqvist, VP of XR at Tobii adds, "At Tobii, our mission is to create a better future for everyone through innovative technology. XRHealth's eye-tracking integration to their VR platform proves once again that our technology positively impacts people's health and lives. As a company, we are committed to catalyzing the commercialization of healthcare innovations and working with partners to address challenges."  

That's one more step into the Metaverse health system, where anything is possible. Even improving a patient's quality of life. 

If you’d like to be a part of the metaverse future, be sure to follow our campaign on Start Engine And by all means, let's make it better together. 

We’ve Reached ‘Minicorn’ Status: XRHealth Was Featured Among the Top Budding Unicorns in AR

6 months ago

It’s an honor to be selected as one of the top early-stage startups destined for unicorn status.  

As virtual reality, augmented reality, and the like ramp-up; the investor and technology enthusiasts are watching closely. And we’ve been seen! 

Tracxn, a research partner for 850+ Investors, Corporates and Government bodies across the globe, has featured us in their 2021 Emerging Startups list! As their name suggests, they keep track of the over 3.5K startups that are engaged in computer-generated virtual environments from smart glasses to computer-generated imagery within the “Metaverse” (the virtual world).  

Tracxn is not alone in the assertion that AR is one of the greatest investment opportunities today. 

If you’d like to be a part of this opportunity, be sure to follow our campaign on Start Engine 

Why the Metaverse Race Matters

7 months ago

Metaverse. Web 3.0. Virtual reality. These buzz words are suddenly rampantly circling the internet. And investors are watching. But why?

Forbes predicted this imminent technological revolution that would reshape our world nearly a year ago as our lives went almost completely digital overnight. And the race was on!

Facebook. Google. Epic Games. Who would win the race to the top of the Metaverse mountain, as Forbes called it?  

Well… One year later and Facebook has become ‘Meta.’ They may have planted their flag at the top of that proverbial mountain, but that doesn’t mean they own the Metaverse. We all do.

The Metaverse means different things to different people, but in essence, it is a decentralized computer-generated virtual reality environment. That’s a big opportunity for every vertical from games to life-like social media interactions down to healthcare.

While ‘Metaverse’ appears to be a neologism of the recent tech world, it’s a term coined by the American science fiction author, Neal Stephenson, in his 1992 novel Snow Crash. 

But the recent use of the term is anything but science fiction. It’s our new reality. Our life is moving even deeper into cyberspace. 

Now, the Metaverse is poised to be the next technological revolution, web 3.0. Experiences aided by immersive technologies (e.g., augmented reality, virtual reality, pervasive gaming, and more) will be part of our daily life just as Google and social media are now. 

Since Facebook CEO Mark Zuckerberg announced rebranding as the Meta Platform, their stocks rose 9% or more (and still raking in billions). This is only one small piece of the pie. Bloomberg Intelligence anticipates an $800 billion market by 2024. In the end, it’s expected to be a multi-trillion-dollar market.

Do you remember the time when the idea of making a phone call on your wrist or searching for information from a laptop seemed like something straight out of a George Orwell novel? Look at the market value of these very real innovations now. 

What was once a dream is now worth billions.

Now, we're on to phase 3 of this type of life-changing technology. The big players of the metaverse will be finding ways to:

  • Connect with colleagues and peers via technology with the feeling of physical proximity and intimacy
  • Make gaming and entertainment even more life-like
  • Learn experientially
  • Improve our mental and physical health
  • And more

Whether you’re excited about living in a virtual world or not, one thing is clear: the Metaverse will change our world as we know it. And that’s a big deal to analysts and technology innovators alike.

Want to add the future of tech to your portfolio? Invest in the Metaverse


Notice of Funds Disbursement

7 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, XRHealth has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in XRHealth be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Welcome Aboard Dr. Raphael Grossman. XRHealth Welcomes a Renowned Physician and Digital Healthcare Innovator to the Advisory Board

7 months ago

Join us in warmly welcoming Dr. Rafael Grossman on our advisory board, a General Trauma & Acute Care Surgeon at Portsmouth Region Hospital in New Hampshire and digital healthcare innovator. 

Dr. Grossman is a renowned international surgeon infamous for being the first to document a Google-Glass enabled surgery. Now, he continues to divide his time between medicine and technology innovation. He serves as the Clinical Advisor of Magic Leap, an augmented reality (AR) platform for enterprises. 

Aside from his clinical duties and advisory positions, Dr. Grossman has also lectured at several leading universities including MIT School of Engineering, Stanford University, Temple University, and Northeastern University.  

It goes without saying that Dr. Grossman is well equipped to help lead the web 3.0 revolution in healthcare as we prepare to transition many aspects of our lives into the metaverse.  

"I strongly believe that XRHealth is leading the industry towards the next phase in the evolution of healthcare technology," says Dr. Grossmann 

And the feeling is mutual.  

We couldn’t be more excited to welcome aboard Dr. Grossman, a physician who truly looks to the future to take healthcare into the metaverse.  

 

 

 

 

The Patents Are Rolling In! XRHealth Received a Patent to Measure Sway and Conduct Fall Risk Assessment in VR/AR

7 months ago

We're pleased to announce our newest patent approval to help prevent falls that can cause seniors serious injuries.This patent will assess sway and conduct fall risks using virtual reality and augmented reality therapy. 

According to the CDC, 1 out of 5 falls results in serious injuries like broken bones or head injuries. But we believe this can be prevented with our new assessment tool. Now, we can predict the likelihood that a senior may fall, which can potentially prevent a serious or debilitating injury. 

The "Assessing Postural Sway in Virtual Reality or Augmented Reality" patent secures our ownership of this potentially disruptive technology in Medtech. Our VR/AR platform can decrease risks of falling by collecting 'sway' data from our headsets and hand sensors to measure the center of mass. When a patient is immersed in the immersive computerized environment via AR/VR technology, the program can simulate a situation to push off balance. The algorithms then calculate the risk of falling.

As the patient enters the virtual/augmented reality environment, it simulates a situation where the user is unbalanced. The data on position and center of mass is then sent to a server to determine if the person poses a risk for falling, which can potentially protect the patient in the real world.  “When treating elderly patients, the ability to measure sway accurately in an AR/VR therapeutic process can potentially prevent falls that can result in long-term disabilities,” said Eran Orr, CEO of XRHealth. “The advantage of using XR to measure sway is that patients can do this from the comfort of their home, during routine extended reality therapy.”

This is a game-changer to the 3M seniors who enter the emergency room each year to treat injuries like hip fractures due to falls.

We were chosen! XRHealth was chosen to be part of the digital health program of the new Metaverse

7 months ago

(Photo: Welcome session at Meta with XRHealth marketing team members enjoying their personalized cookies. L-Yael Lipskin, Director of Telehealth Product; M-Ohad Galitz, Digital Marketing Manager; R- Sagie Grunhaus, VP Product)

XRHealth is proud to announce that we've been selected to participate in the first Meta (fka Facebook) Digital Health Growth Program.

This exclusive 12-week program aims to accelerate the success and growth of digital health startups in Israel, the home country of our founders. We'll be given additional tools, guidance, mentorship, and networking opportunities from one of the biggest technology disrupters who knows first-hand how to scale up a simple idea to a massive, global operation.

We're 1 out of 12 early-stage startups selected out of hundreds in the digital health verticals. We're more thrilled to be given this opportunity to develop skills to scale up! 

Woo hoo! XRHealth reached its first milestone in less than a week- $100K raised!

7 months ago

We are excited to announce that we've raised $100K in funding from this StartEngine campaign. The XRHealth team is on a mission to transform the way chronic conditions are treated via advanced technology and every dollar helps us support that mission! We thank you, investors, from the bottom of our hearts!

People who use our telehealth services combined with virtual reality (VR) celebrate this new game-changer in healthcare. Not only is it fun, but it also works! It is clear that the future of modern healthcare is here now.

If you haven't invested yet, we invite you to be part of the next big thing in treating chronic conditions or behavioral needs like pain, anxiety, neurological conditions, children on the autism spectrum, and more.

Invest in the Future of Healthcare Now


Welcome! Are you ready to take part in the future of healthcare?

7 months ago

The future of healthcare is here with VR therapy and we'd like to invite you to be part of it!

We have been working diligently to address chronic conditions via VR/AR technology for the past two years and now we are ready to scale up.

So far, XRHealth has:

  • given treatment access to 50M people in the US via insurance plans.
  • created 4 fully operational VR/AR clinics (nationally and internationally), with 10 expected to follow in the next year.
  • generated over $1M in revenue since the launch of the VR/AR telehealth clinics this year.
  • provided over 100K VR/AR therapy sessions to date 
  • achieved 40% QoQ market growth.

It wasn't easy. But our team had one mission: to give people suffering from chronic conditions a better quality of life. Witnessing people improving their lives daily gave us the fuel we needed to strive to develop the best combination of services and apps possible.

Now, we believe we have all the ingredients it takes to take XRHealth virtual clinics across the US and to establish ourselves as the industry leader for VR/AR healthcare.

With your help, we can take on the next challenge: to take VR/AR therapy across the states and globe with top-notch licensed therapists using the most advanced, yet easy-to-use technology available.

Will you join us?

pss. Ever hear that the early bird gets the worm? We have one day left of the early bird kick-off for early-adopters like you. 

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