Rendever Company Research Report
Company Overview
- Name: Rendever
- Mission: Rendever is focused on overcoming social isolation through the power of virtual reality and positive shared experiences.
- Founded: 2016
- Founders: Kyle Rand (Cofounder/CEO) and Tom Neumann (Cofounder/CTO)
- Key People:
- Kyle Rand - Cofounder/CEO
- Tom Neumann - Cofounder/CTO
- Nicholas Abruzzo - Vice President of Sales
- David Stoller - Vice President of Partner Success
- Dr. Jennifer Stamps - Director of Research
- Headquarters: 561 Windsor St, Somerville, Massachusetts, US
- Number of Employees: 11-50
- Revenue: No information is available.
- Company Focus: Rendever is known for its use of virtual reality technology to reduce depression and loneliness, fostering personal connections and engagements amongst populations where life has become limited.
Products
- Main Products:
- RendeverLive™: A virtual reality platform offering daily live programming designed for seniors, includes interactive elements with expert hosts.
- RendeverFit®: An award-winning virtual reality fitness platform, offers a mix of social, physical, and cognitive activities focusing on senior health.
- Product Features:
- RendeverLive™:
- Immersive experiences with 360° views
- Live interaction capabilities
- Sessions tailored for various acuity levels
- Daily social community engagement
- RendeverFit®:
- Features like cycling through landscapes, interactive games such as Balloon Popper.
- Enhances physical health with exercises designed to reduce fall risk by 48% and improve mobility.
- Includes social interaction features to drive engagement.
Recent Developments
- New Products:
- Introduction of RendeverFit® which showed positive impacts on mobility and fall risk reduction.
- Research and Findings:
- A study indicated a 48% decrease in fall worry and a 9% increase in movement speed after using RendeverFit®.
- VR deep breathing exercises have been proven safe and effective for managing post-concussion symptoms.
- Innovations and Collaborations:
- Rendever partnered with various senior living operators, healthcare systems like UCHealth and Cleveland Clinic, also collaborated with academic institutions like MIT AgeLab.
- Ongoing partnerships with organizations such as AARP and Verizon.
- Funding:
- Recently received a $100,000 grant. Collaborated with Front Porch and other entities for pilot studies and research.
This report seeks to outline the current status and strategic offerings by Rendever, emphasizing their continuous advancements and community engagements through their cutting-edge virtual reality experiences tailored for the senior demographic.
