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§ Private Profile · Elizabethtown, KY, USA
Digital therapeutics company developing evidence-based virtual reality treatments for mental and behavioral health conditions using CBT.
Elizabethtown, Kentucky-based BehaVR develops evidence-based digital therapeutics that utilize virtual reality technology to treat behavioral health conditions such as chronic pain, anxiety, and severe depression. The company creates immersive programs combining patient education, cognitive behavioral therapy principles, and neuroscience-based interventions adapted in real-time through biometrics and machine learning. The enterprise generates revenue through licensing agreements with healthcare providers and pharmaceutical companies, highlighted by a $163 million development deal signed with Sumitomo Pharma in 2021. BehaVR has secured $20.7 million in total funding, which includes a $13 million Series B round backed by Optum Ventures and Accenture Ventures. The organization expanded its clinical footprint by merging with United Kingdom-based OxfordVR in 2022 and subsequently integrating with Fern Health to form the RealizedCare platform. BehaVR was established in 2016 by founder Aaron Gani.
BehaVR has raised $2.0M across 2 funding rounds.
BehaVR has raised $2.0M in total across 2 funding rounds.
BehaVR is a digital therapeutics company that builds evidence‑based virtual‑reality (VR) and immersive software to treat mental and behavioral health conditions and to support chronic pain care, and it has recently merged into larger chronic‑care offerings through partnerships and company combinations to scale those therapies[1][7].
High‑Level Overview
As a product company: BehaVR builds immersive, cloud‑connected VR therapeutics and clinician dashboards that serve providers, health systems, pharma partners and patients by delivering scalable behavioral treatments, addressing gaps in anxiety, depression, pain, maternal health and addiction care; the company has shown growth via mergers, strategic partnerships and fundraising to move toward FDA‑grade prescription apps and integrated chronic‑care offerings[1][2][7].
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Quick take: BehaVR is a clinically oriented VR digital‑therapeutics company that has moved beyond early prototyping into strategic consolidation and pharma/provider partnerships to commercialize prescription and care‑integrated VR treatments—its success hinges on regulatory progress, payer acceptance and the generation of strong clinical outcomes[1][2][6].
BehaVR has raised $2.0M across 2 funding rounds. Most recently, it raised $1.0M Series B in November 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 1, 2022 | $1M Series B | Optum Ventures, Oxford Science Enterprises | Endeavor Venture Funds, Intel Capital, TOM Lounibos, Chrysalis Ventures, Thornton Capital | Announced |
| Mar 1, 2018 | $1M Seed | — | Almaz Capital, Arkitekt Ventures, Foundry Group, Keyhorse Capital, Markd VC, Pillar VC, Revtech Ventures | Announced |
BehaVR has raised $2.0M in total across 2 funding rounds.
BehaVR's investors include Optum Ventures, Oxford Science Enterprises, Endeavor Venture Funds, Intel Capital, Tom Lounibos, Chrysalis Ventures, Thornton Capital, Almaz Capital, Arkitekt Ventures, Foundry Group, Keyhorse Capital, Markd VC.