Wundrsight, a digital therapeutics startup, has secured $400K in its seed round, which was led by Inflection Point Ventures. Social Alpha, in conjunction with other angel investors, has also participated in the round.
It will utilize the proceeds to enhance the development of its VR-based mental health solutions and to broaden its hospital and clinic partnerships network throughout India.
Utilizing the immersive capabilities of Virtual Reality (VR), Wundrsight is dedicated to the digitization and standardization of mental health therapy.
NASSCOM, DLabs at the Indian School of Business, IIT Mandi Catalyst, and Meta (Facebook’s parent company) have also provided support to the venture.
Read also – Dharaksha Ecosolutions Raises $2.95 Mn Seed Funding Round from Avaana Capital
Wundrsight is currently conducting business in three metropolitan areas and has already secured contracts with more than five hospitals. It is in the process of establishing additional partnerships with both private and government hospital organizations.
The startup has provided clinician-administered therapies to more than 1,000 patients with a variety of mental health conditions, such as substance use disorders, OCD, anxiety, phobia, and autism, by offering over six VR therapy products.
About Wundrsight
Founded in 2022 by Raunak Swarnkar, Wundrsight Health is building a new Standard of Care in Mental Health using Digital Therapeutics to significantly improve patient outcomes and clinician efficiency.
Want to go deeper into the world of startups and entrepreneurship? Check out these categories on VIESTORIES:
Startup Success Stories: Discover inspiring tales of startups overcoming challenges and achieving success.
Funding Startup News: Stay updated with the latest news and trends in startup funding and investment.
Startup Insights: Dive into in-depth analyses of various industries and market trends to make informed business decisions.
