MyndVR

MyndVR

Improving lives and fighting isolation for older adults through virtual reality

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Security Type
Crowd SAFE
Min Investment
$100
Location
Flower Mound, TX
Offering Date
January 04, 2021
Expected Close Date
April 23, 2021
Target Raise
$25.00K-$1.07M
Deal Notes

Discount: 0%

Company Description

Vision Digital Therapeutics will transform the nature of healthcare    Beyond our existing market, we believe there is a vast opportunity for Digital Therapeutics, including prescriptive medical VR, apps, and healthcare gamification.Reimbursement - We also believe that VR Therapy will soon be reimbursed by both private insurance and Medicaid/Medicare. Our advisory board includes some of the most renowned VR researchers and scientists, who are guiding our clinical studies to achieve these goals.Innovation - Recognizing our innovation in the field, MyndVR was recently honored with the Sharecare Innovation Award (tied with the American Cancer Society):

Key Deal Facts

Timely solution for the massive and growing problem of senior isolation
Customer base tripled in 2020
Q3 and Q4 - consecutive best quarters in company history
Raised $1.85M from HTC, Capital Factory, health-tech and impact angels
Covered by FOX News, CNN, Washington Post, Forbes, and over 100 others
Collaborating with Stanford on a large-scale study on VR & aging
Perks include free MyndVR systems for you or your loved ones

Management Team / Advisory Board Bios

Chris Brickler
Co-Founder & CEO
Experienced leader in tech and media. Emmy-nominated content producer. Expert on growth and scaling products.

Shawn Wiora
Co-Founder and Board Director
C-Level roles in tech and senior care

Ted Werth
CFO & Corporate Development
Co-Founded, grew, and sold previous startups in tech and media.

Deal Notes

Discount: 0%

Amount Raised : $166,521
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Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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