PsyTech VR
PsyTechVR is a technology company specializing in virtual reality (VR) and augmented reality (AR) solutions for mental health therapy, research, and training. Founded in 2020 and headquartered in Maryland, USA, it offers a VR platform that enables clinicians and researchers to deliver evidence-based therapies for anxiety disorders, phobias, PTSD, and other mental health conditions. The platform integrates AI to create personalized patient experiences and provides data analytics for tracking progress and optimizing outcomes. PsyTechVR also supports mental health professional training and research, with a broad VR content library and tools for real-time therapy monitoring and group sessions. Its business model is subscription-based, targeting therapists, healthcare organizations, educational institutions, and enterprises.
PsyTech VR
PsyTechVR is a technology company specializing in virtual reality (VR) and augmented reality (AR) solutions for mental health therapy, research, and training. Founded in 2020 and headquartered in Maryland, USA, it offers a VR platform that enables clinicians and researchers to deliver evidence-based therapies for anxiety disorders, phobias, PTSD, and other mental health conditions. The platform integrates AI to create personalized patient experiences and provides data analytics for tracking progress and optimizing outcomes. PsyTechVR also supports mental health professional training and research, with a broad VR content library and tools for real-time therapy monitoring and group sessions. Its business model is subscription-based, targeting therapists, healthcare organizations, educational institutions, and enterprises.
TL;DR
Sector: VR/AR mental health therapy and training
Headquarters: Maryland, USA
Founded: 2020 or 2021 (sources disagree)
Business model: Subscription-based; bundled hardware/software
Recent funding: €50,000 grant (Jun 2024) from Luxinnovation / Ministry of the Economy, Luxembourg
Company Overview
Problem Domain
Access, personalization, and scaling of evidence-based mental health treatments and clinician training.
Industry
Healthtech / Digital mental health
Funding Track Record
€50,000
Reported as a grant associated with Fit 4 Start programme graduation