KindVR Company Profile

Background

Mission and Vision

KindVR is dedicated to mitigating patient pain and stress through the development of custom virtual reality (VR) therapies tailored for specific medical procedures and conditions. By partnering with leading pediatric hospitals across the United States and Canada, KindVR aims to make clinically validated VR therapy accessible to every patient in need.

Industry Significance

As a pioneer in pediatric virtual reality therapy, KindVR has established itself as a leader in integrating immersive technology into healthcare settings. The company's research-driven approach and collaborations with top-tier medical institutions underscore its commitment to enhancing patient care through innovative solutions.

Key Strategic Focus

Core Objectives

• Clinical Validation: Conducting rigorous clinical trials to ensure the safety and efficacy of VR therapies.

• Hospital Integration: Providing comprehensive VR solutions, including software, hardware, and training, to facilitate seamless adoption in medical settings.

• Patient-Centric Design: Developing VR experiences tailored to specific medical procedures and patient needs.

Areas of Specialization

KindVR specializes in creating VR applications for various medical procedures, including:

• Sickle cell disease pain management

• Mediport access procedures

• Laceration repairs

• Pre-operative stress reduction

• MRI preparation

• IV insertions

Key Technologies Utilized

• Custom VR Software: Applications like KindVR Aqua, Guided Meditation, MRI Virtual Practice, Look Up, Pre-Op, and Animal Valley.

• Hospital-Ready VR Hardware: All-in-one wireless headsets designed for medical environments, featuring fully cleanable surfaces and HIPAA compliance.

Primary Markets Targeted

KindVR focuses on pediatric patients undergoing medical procedures in hospitals and clinics, aiming to alleviate pain and anxiety through immersive VR experiences.

Financials and Funding

Funding History

As of the latest available data, KindVR has raised a total of $17,000 in funding over one round.

Revenue

The company's reported revenue is approximately $404,000.

Utilization of Capital

The funds have been primarily allocated towards research and development, clinical trials, and expanding partnerships with hospitals to integrate VR therapy into patient care.

Pipeline Development

Clinical Trials

KindVR is actively involved in over ten clinical trials with leading research hospitals, focusing on:

• Sickle Cell Disease: Evaluating VR as complementary pain therapy during vaso-occlusive crises.

• Oncology Procedures: Assessing VR's effectiveness during mediport access and other cancer-related procedures.

• Emergency Room Interventions: Studying VR's role in reducing pain and anxiety during laceration repairs and IV insertions.

• Pre-Operative Stress: Investigating VR applications to alleviate anxiety before surgeries.

• MRI Preparation: Developing VR simulations to familiarize patients with MRI procedures, aiming to reduce the need for general anesthesia.

Anticipated Milestones

Several studies have been published, demonstrating positive outcomes, with ongoing trials expected to further validate and expand the applications of KindVR's therapies.

Technological Platform and Innovation

Proprietary Technologies

• KindVR Aqua: An underwater-themed VR experience designed to distract and soothe patients during painful procedures.

• KindVR Guided Meditation: A VR application offering guided meditation to help patients manage chronic pain and stress.

• KindVR MRI Virtual Practice: A simulation tool to prepare patients for MRI scans, reducing anxiety and movement during the procedure.

• KindVR Look Up: Developed for procedures like mediport access, encouraging patients to maintain specific positions for safe and efficient procedures.

• KindVR Pre-Op: Designed to reduce pre-operative stress through immersive VR experiences.

• KindVR Animal Valley: A versatile VR application supporting patients during various medical procedures and body positions.

Scientific Methodologies

KindVR employs immersive distraction techniques, leveraging VR's ability to engage multiple senses, thereby reducing the perception of pain and anxiety during medical procedures.

Leadership Team

• Simon Robertson: Founder and Lead VR Developer. With a background in game development and experience as a Child Life Volunteer at UCSF Benioff Children’s Hospital Oakland, Simon founded KindVR in 2014 to integrate VR into pediatric patient care.

• Jack Robertson: Chief Operating Officer. Jack oversees hospital relations and operational strategies, ensuring effective implementation of KindVR's solutions in medical settings.

Competitor Profile

Market Insights and Dynamics

The healthcare VR market is experiencing significant growth, driven by increasing adoption of immersive technologies to enhance patient care and outcomes. The global health care augmented and virtual reality market was valued at $2.31 billion in 2022 and is projected to reach $19.6 billion by 2030.

Competitor Analysis

• Neuro Rehab VR: Provides VR technology solutions for neurological rehabilitation, focusing on adult patients.

• Wishplay: Develops VR solutions allowing patients to experience activities beyond the limitations of their illness or disability.