Virtual reality mental health companies merge, raise $13M

BehaVR and OxfordVR combined their virtual reality-based treatment companies and raised $13 million in a funding round led by insurance giant Optum Ventures. 

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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.

 

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