On-Demand Virtual Care Reinvented

Security Type
Common Stock
Min Investment
Brookline, MA
Offering Date
November 12, 2021
Expected Close Date
February 09, 2022
Amount Raised
Security Price

Key Deal Facts

XRHealth unlocked a distribution channel and revenue cycle for VR/AR technology, and is demonstrating strong revenue growth: XRHealth has generated over $1 million in revenue, and treated over 2,000 patients in Q1-Q3 of 2021and is showing 60% growth in revenue QoQ. With $20M raised to date, from crowdfunding, Angel investors, AARP and VCs, Including $4M in grants, with this new funding round, we believe we'll be able to continue to maintain this growth trajectory.
Unique Technology in a Large Market: The fast-growing Telehealth Market is predicted to reach a value of $70.19 billion by 2026. Combining XRHealth VR/AR Medical technology and generating valuable objective data points, allows telehealth clinicians to tailor individualized treatment plans for each patient and modify over the course of therapy. Our VR/AR telehealth technology is protected by 21 patents submitted by XRHealth, out of which 3 have been approved, 14 published and 4 pending.
Patient Satisfaction and Clinical Outcomes We have strong patient satisfaction, evidenced by XRHealth NPS (Net Promoter Score) of 74 (vs healthcare market average of 38) with 72% of patients agreeing we made a positive difference in their symptoms in under two weeks.

Security Description

Common stock is a security that represents ownership in a corporation.

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