BehaVR and OxfordVR combined their virtual reality-based treatment companies and raised $13 million in a funding round led by insurance giant Optum Ventures.
The combined company will provide mental health treatment for individuals experiencing anxiety, stress, pain and addiction through automated cognitive-behavioral VR therapy, according to a Dec. 13 news release from BehaVR. The company will be led by Aaron Gani, BehaVR's founder and CEO.
The Series B funding round was led by Optum Ventures and Oxford Science Enterprises.