VRTogether

VRTogether

A VR application used to reduce social isolation and loneliness in senior citizens.

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DateInvestorsAmountRound
-investor

€0.0

round
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N/A

Seed
Total Funding000k

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Revenues, earnings & profits over time
USD20222023
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Source: Dealroom estimates

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VRTogether, founded in 2021 by Richard Hoagland, is a company operating from Lexington, Kentucky, that focuses on the application of virtual reality for healthcare. The venture was established to address the growing issue of social isolation and loneliness, particularly among senior citizens. Hoagland, leveraging a decade of experience in the immersive technology sector, including the creation of the award-winning social VR game "Daydream Blue," directs the company's strategy. The firm has secured backing from institutional investors, including Keyhorse Capital and XLerateHealth, to support its growth.

The company's business revolves around a subscription-based service primarily for senior care facilities. It provides a comprehensive solution that includes a virtual reality social games platform designed with accessibility and inclusivity as core principles. This platform enables residents to connect with loved ones and each other in shared virtual experiences, aiming to foster a sense of physical connection and co-presence despite geographical distances. The target market extends beyond seniors to include children, positioning the platform as a tool for wellbeing and socialization for various populations at high risk of isolation.

VRTogether's product is a full-service package that supplies senior care facilities with the necessary hardware and software. This includes wireless VR headsets, which are compatible with Meta Quest 1 and 2, and an admin tablet for staff to monitor and manage the experiences. The platform comes with preloaded content and receives regular updates to ensure fresh and engaging experiences for users. To facilitate adoption, the company offers on-site demonstrations, flexible trials, and extensive training for facility staff, backed by a dedicated customer support team. The long-term vision is to become the principal application for meaningful social connection in extended reality (XR), improving the health and wellness of at-risk individuals.

Keywords: virtual reality healthcare, senior care technology, social isolation solution, VR for seniors, co-presence platform, Richard Hoagland, Keyhorse Capital, XLerateHealth, virtual reality social games, eldercare technology, loneliness reduction, VR for children, assistive technology, immersive experiences, digital health, connected health, virtual communities, remote socialization, senior living technology, therapeutic VR

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