Tripp wellness based Virtual Reality Startup raises $ 11 million

Jun 26, 2021 | Vanshika Kaushik

Tripp wellness based Virtual Reality Startup raises $ 11 million title banner

The hustle and bustle of modern lifestyle leave humans devoid of peace. Meditation plays an important role in calming the disruptions of mind. Individuals are getting inclined towards the growing trend of mindful exercises. Meditation is the best way to unplug the body and mind from the chatter of the world.

 

Tripp, the startup that is blending meditation with the immersive reality, raised $11 million through A series funding to boost its application and to expand its reach. The funding was backed by Mayfield Fund and Vine Ventures. Their total funding amount came to $ 15 million. It raised $ 4 million in the previous A series funding round that took place on September 28, 2017. 

 

Tripp’s lead investors are CTR Capital and Psychedelic Medicine Syndicate. Its other investors include JLS Fund, Social Leverage, Benic VC and Neo Kuma Ventures, Lionheart Ventures, What If Ventures and Matten Mullenweg.Tripp's estimated annual revenue is $3.43 million. 


 

(Must Check: How is technology revolutionizing Yoga?)

 

According to TechCrunch  Nanea Reeves, CEO of Tripp said  “Many people that will never feel comfortable taking a psychedelic, this is a low-friction alternative that can deliver some of that experience in a more benign way. “The idea is to take mindfulness structures and video game mechanics together to see if we can actually hack the way that you feel.”

 

Tripp is headquartered in California and the startup is focused on providing wellness solutions through interactive and immersive virtual reality.

 

Tripp provides VR based meditative solutions to hospitals, small clinics and consumer households. The combination of meditative exercises and virtual reality provide users with a unique experience. The application is also available on iOs App Store and Google Playstore.  Users can dive into the world of magic through an annual subscription of $14.99 USD. 

 

Tripp is currently available on Playstation VR, Oculus Rift and Oculus Quest (1 and 2). Tripp. The application provides the right platform for meditation. Once the users have connected the headphones they will hear the chirping of birds, the rippling sound of rivers and the male/female voices that will provide the right guidance for meditation. Due to virtual reality users will get the real healing touch of nature for meditation. 

 

Limbix, Applied VR, Surgical theatre, Karuna Labs, Vicarious Surgical are few among many that are leveraging the power of virtual reality to transform the healthcare industry. Virtual therapies can help in the treatment of anxiety and other disorders. It is now even being explored for aromatherapies that can calm the mind and soul.

Tags #Business