- AppliedVR, a Los Angeles, CA-based digital medicine company, raised $29m in Series A funding
- The round, which brought total funding raised to date to $35m, included investors such as F-Prime Capital, JAZZ Venture Partners, Sway Ventures, GSR Ventures, Magnetic Ventures and Cedars-Sinai
- The company intends to use the funds to accelerate growth as it pursues full FDA approval over the next year
- Led by Matthew Stoudt, co-founder and CEO, AppliedVR provides virtual reality-based treatments aimed at comprehensively treating chronic pain
- AppliedVR’s technology is already used by more than 200 of the top healthcare provider organizations in the world
- The program has used to help more than 60,000 patients to manage their expectations of pain
