Mynd Immersive is a leading provider of digital health products to the growing population of older adults and their caregivers. The company's subscription bundle includes all-in-one VR headsets, caregiver companion tablets, a senior-friendly proprietary interface, and a large library of original and licensed VR content. Welcome to a whole new world of AI-powered Immersive Therapeutics. Welcome to Mynd Immersive!
Aging is broken. Seniors are trapped, disconnected, and facing a myriad of health issues. Caregivers are overworked. The system is failing.
• 1.5B seniors by 2050.More aging adults than children for the first time in history.
• Isolation kills. Social disconnection is as deadly as smoking 15 cigarettes a day.
• Dementia & cognitive decline are skyrocketing. Traditional treatments? Drugs, not solutions.
• The workforce crisis. Not enough caregivers, too much burden, and rising costs.
• The result? A healthcare system that is reactive, overwhelmed, and leaving millions behind.
According to Nielsen, the average American over 65 spends 6+ hours per day watching traditional TV. We can do better.
1. ~40,000 seniors & veterans actively using Mynd
2. $7.5M cumulative contracted revenue
3. VA doctors now prescribing Mynd to veterans for pain, anxiety, depression, isolation, and Mild Cognitive Decline
4. First XR company approved as a Medicare Advantage benefit
5. Validated research from Stanford, CMS and VA
6. Strategic investments from Select Rehabilitation (the largest senior therapy provider in the US) and HTC (one of the world's largest VR companies)
7. Advisory Board consisting of the world's leaders in VR as a healthcare product
8. Hundreds of media articles from a broad range of online, print, and TV news providers, including Good Morning America, CNN, FOX News, The Washington Post, The New York Times, AARP, NASDAQ, and more
Surpassed $7.5M in total lifetime contracts closed
Doctors and clinicians at the VA are now prescribing Mynd Immersive headsets for veterans living at home and suffering from isolation, anxiety, depression, pain, or Mild Cognitive Decline.
Stanford University conducted the largest study of VR and senior care utilizing Mynd Immersive’s products and found a significant decrease in feelings of isolation, improvements in mood, and improvements in relationships between seniors and their caregivers.
Expanding the pathway to reaching as many seniors as possible, Mynd became the first VR product approved as a supplemental benefit by a Medicare Advantage plan.
Mynd Immersive and Select Rehabilitation entered into a partnership whereby Select both invested in Mynd and agreed to purchase a significant amount of Mynd product for use by their therapists in senior care.
