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DeepWell DTx

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uuid0006hca

Namestring
DeepWell DTx
Legal namestring
DeepWell Digital Therapeutics (DTx)
Websiteurl
deepwelldtx.com
Company typeenum
Private
Founded yearint
2019
Descriptiontext

DeepWell DTx is a Seattle-based digital therapeutics company, founded in 2019 and publicly launched in March 2022, that develops video games and immersive media intended to deliver mental health treatments at scale. The company operates under the NeuFluent venture studio and is led by co-founders Mike Wilson (former co-founder of Devolver Digital, with 100+ games and 80M+ unit sales across his career) and Ryan Douglas (former founder/CEO of medical device company Nextern, holder of 26+ patents across robotics, AI, and medical applications).

DeepWell's technology stack centers on the Immersive Medicine platform, which deploys biostimulation to activate the user's vagus nerve and deliver stress-reduction and resilience-building effects through gameplay mechanics. Its two commercial products are Zengence, a VR mental wellness action shooter available on the Meta Quest 2 and 3 app stores that uses vocal meditation and breathwork as core game inputs, and the ABS (Adaptive Biofeedback System) SDK, which received FDA 510(k) clearance in September 2024 for over-the-counter stress reduction and adjunctive blood pressure treatment. The ABS SDK is also positioned for licensing to third-party media and gaming companies to embed FDA-cleared biofeedback capabilities into their own products, and becomes eligible for CMS Digital Mental Health Treatment reimbursement beginning in 2025.

The business model combines direct-to-consumer over-the-counter game sales (one-time license, no prescription required), B2B SDK licensing to media companies, publishing revenue share with independent developers sourcing titles through the Mental Health Game Jam partnership with Global Game Jam, and a forthcoming reimbursable digital therapeutics channel via physicians. Customer segments span individual consumers with stress, anxiety, and depression concerns, healthcare providers who can prescribe DeepWell-powered treatments, first responder and high-stress occupational groups (exemplified by the NYC First Responders deployment in June 2024), and media/gaming companies licensing the SDK.

Short descriptiontext

DeepWell DTx develops video games and immersive media that deliver mental health treatments, using FDA 510(k)-cleared vagus nerve biofeedback technology to serve consumers, first responders, healthcare providers, and media companies licensing its SDK.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersSeattle, United States
HQ citystring
Seattle
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
digital therapeutics, mental health games, therapeutic VR games, biofeedback software, immersive medicine
Industry2 codes
PRIMARYHLACANAI
Behavioral Health & Neurocognitive Therapeutics (Digital)
Healthcare & Life Sciences/Digital Health & Health IT/Digital Therapeutics (DTx) & Software as a Medical Device (SaMD)
SECONDARYHLACANAO
DTx/SaMD Deployment, Integration & Reimbursement Enablement
Healthcare & Life Sciences/Digital Health & Health IT/Digital Therapeutics (DTx) & Software as a Medical Device (SaMD)
NAICS code2 codes
  • Software Publishers5132
  • Custom Computer Programming Services541511
SIC code2 codes
  • Services-Computer Programming, Data Processing, Etc.7370
  • Surgical & Medical Instruments & Apparatus3841
Product category
Digital Therapeutics for Mental Health
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model4 records
1Direct Game Sales (Over-the-Counter)
TypeOne Time License
Description

Zengence and future DTx games sold directly to consumers through app stores (Meta Quest) without prescription at low cost, accessible at home.

deepwelldtx.com
2SDK Licensing to Media Companies
TypeLicensing Royalties
Description

Licensing DeepWell's FDA-cleared biofeedback SDK to media companies to embed or use adjacently with their products for commercialization of video games and other immersive media as FDA-cleared digital therapeutics.

deepwelldtx.com
3Publishing Revenue Share
TypeMarketplace Commission
Description

DeepWell publishes DTx-enabled games from independent creators, working with developers worldwide to publish new titles. Opens research-driven technologies to assist developers in designing and repurposing games to magnify their innate therapeutic value.

deepwelldtx.com
4Reimbursable Digital Mental Health Treatments
TypeManaged Services
Description

Media featuring DeepWell technology will be reimbursable as physician service under CMS Digital Mental Health Treatment (DMHT) codes beginning in 2025, enabling doctors to prescribe and patients to receive coverage for treatments incorporating DeepWell technology.

deepwelldtx.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Pricing details1 tier
1Zengence VR Game - Meta Quest
ModelOne time/ perpetual licenseBilling cadencePay-as-you-go
Notes

Available for purchase on Meta Quest 2 and 3 app store. No subscription required. Specific price point not publicly disclosed.

deepwelldtx.com
GTM typeB2B and B2C
B2B and B2C
Offering typeSoftware
Software
Brand1 record
1Zengence
Description

First-of-its-kind mental wellness action shooter for Meta Quest 2 and 3 that uses breathing-based gameplay to reduce stress and build resilience through vagus nerve stimulation.

deepwelldtx.com
Core offering1 text field

DeepWell DTx develops and publishes video games and immersive media that function as digital therapeutics for mental health. Its core products are Zengence, a VR action-shooter for Meta Quest that uses breathwork and vocal meditation to activate the vagus nerve for stress reduction, and the FDA 510(k)-cleared ABS biofeedback SDK that is licensed to other media companies to embed therapeutic mechanics into their games. The company also publishes DTx-enabled games from independent developers and is positioned for CMS DMHT reimbursement starting in 2025.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Zengence recommended usage: 3 sessions per week, 15 minutes per session for best stress relief and sustained resilience.
+2 more records
Product overview1 text field

DeepWell DTx is a digital therapeutics company that develops video games and immersive media technology for mental health treatment. The company offers two core products: Zengence, a VR mental wellness action shooter that uses vocal meditation and breathing mechanics to activate the vagus nerve for stress reduction; and the ABS (Adaptive Biofeedback System) SDK, an FDA 510(k)-cleared biofeedback software development kit that media companies can integrate into games and immersive media for digital therapeutic applications. The company also hosts an annual Mental Health Game Jam in partnership with Global Game Jam to inspire therapeutic game development.

Product and service2 records
1Zengence
CategoryDigital Therapeutics / Therapeutic Video Game
Description

VR action-shooter game for Meta Quest 2 and 3 in which players hum, chant, or sing to activate the vagus nerve for stress reduction, with breathwork-driven combat across 30 levels, daily challenges, leaderboards, and a Zen Garden training mode. Sold over-the-counter without prescription at low cost to consumers seeking accessible mental health treatment.

2ABS (Adaptive Biofeedback System) SDK
CategoryBiofeedback Software / Digital Therapeutics SDK
Description

FDA 510(k)-cleared biofeedback software development kit that monitors, provides recommendations, and deploys biostimulation through interactive media to activate the vagus nerve, reduce sympathetic nervous system activation, and release dopamine for coping and resilience. Licensed to media and game companies to embed into their products for commercialization as reimbursable digital therapeutics.

Scale indicator8 records

Each record includes

Type, Value, Description, Source

Partnership3 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2022-03-23
Description

DeepWell DTx partnered with Global Game Jam Inc. (an international non-profit based in San Luis Obispo, California) to host the Mental Health Game Jam. This partnership engaged global game developers to create therapeutic games addressing stress, anxiety, and depression. The inaugural event ran May 1-22, 2022 and received 100+ entries.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

DeepWell DTx is part of NeuFluent, a venture studio dedicated to reshaping the neurological landscape through novel treatment solutions for the mind, brain, and spine. NeuFluent develops neuroscience innovation including neuro prosthetics, brain-computer interfaces, and pharmaceutical technology. DeepWell commercializes immersive medical media under this umbrella.

Strategic tierMinorTypeGTM or Marketing Partner
Description

Vince Kadlubek, Founder and Director of Meow Wolf, is an endorser of DeepWell. Meow Wolf specializes in immersive art experiences. Kadlubek noted that 'art can be medicine' and DeepWell's technology allows immersive experiences to be legitimized and reimbursed for their healing value.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Big Health (Sleepio, Daylight) is a digital therapeutics company focused on mental health conditions delivered through mobile software, pursuing both consumer and prescription/reimbursement channels. Its mental health focus and dual OTC/Rx model parallel DeepWell's strategic positioning.

TypeDirect peer
Description

BehaVR develops VR-based digital therapeutics for mental and behavioral health conditions including anxiety, depression, and chronic pain. Its combination of immersive VR delivery, clinical evidence generation, and prescription/reimbursement pursuit is structurally aligned with DeepWell's Immersive Medicine platform.

TypeDirect peer
Description

AppliedVR is an FDA-authorized VR-based digital therapeutics company (EaseVRx for chronic pain). Like DeepWell, AppliedVR combines VR hardware delivery with FDA-cleared therapeutic claims and pursues reimbursement, making it the most relevant peer for VR-format DTx commercialization strategy.

TypeOthers
Description

Meta operates the Meta Quest VR app store through which DeepWell distributes Zengence. While not a competitor, Meta is the critical infrastructure and distribution partner whose VR hardware adoption trajectory directly determines DeepWell's consumer commercial ceiling.

TypeDirect peer
Description

Akili Interactive is the most direct peer in prescription digital therapeutics delivered through interactive media (its EndeavorRx product is an FDA-cleared video game for ADHD). Like DeepWell, Akili pursued FDA clearance for game-format therapeutics and commercialized through both consumer and prescription channels, making it the closest comparable in business model and category.

TypeDirect peer
Description

Pear Therapeutics was a prescription digital therapeutics company that developed FDA-cleared software-based treatments (including reSET and reSET-O for substance use disorder). It pursued FDA clearance and prescription reimbursement for software-delivered therapeutics and ultimately filed for bankruptcy in 2023, providing the most instructive cautionary comparable for DeepWell's DTx reimbursement thesis.

TypeEmerging player
Description

Limbic is a UK-based digital mental health company developing AI-powered cognitive behavioral therapy tools. While not VR-based, it pursues a similar evidence-based, prescription-grade mental health DTx model and serves comparable end users through digital channels.

TypeDirect peer
Description

Click Therapeutics develops prescription digital therapeutics across multiple indications including mental health (depression, migraine, schizophrenia), pursuing FDA clearance and reimbursement for software-only treatments. Its prescription DTx model and mental health focus make it a directly comparable peer in regulatory strategy and commercialization approach.

TypeEmerging player
Description

Happify Health delivers gamified mental health interventions through a consumer mobile app with enterprise and payer channels. Its gamification of mental wellness overlaps with DeepWell's positioning, though Happify has not pursued FDA clearance.

TypeBroad incumbent
Description

Headspace Health (merged Headspace and Ginger) is a broad mental health platform offering meditation, mindfulness, and therapy services to consumers, employers, and payers. It represents the mainstream mental wellness incumbent against which DeepWell's gamified/clinical approach differentiates.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks7 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile5 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles5 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance1 record

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

DeepWell DTx

Digital Therapeutics for Mental Healthdeepwelldtx.com

DeepWell DTx develops video games and immersive media that deliver mental health treatments, using FDA 510(k)-cleared vagus nerve biofeedback technology to serve consumers, first responders, healthcare providers, and media companies licensing its SDK.

What DeepWell DTx does

DeepWell DTx is a Seattle-based digital therapeutics company, founded in 2019 and publicly launched in March 2022, that develops video games and immersive media intended to deliver mental health treatments at scale. The company operates under the NeuFluent venture studio and is led by co-founders Mike Wilson (former co-founder of Devolver Digital, with 100+ games and 80M+ unit sales across his career) and Ryan Douglas (former founder/CEO of medical device company Nextern, holder of 26+ patents across robotics, AI, and medical applications).

DeepWell's technology stack centers on the Immersive Medicine platform, which deploys biostimulation to activate the user's vagus nerve and deliver stress-reduction and resilience-building effects through gameplay mechanics. Its two commercial products are Zengence, a VR mental wellness action shooter available on the Meta Quest 2 and 3 app stores that uses vocal meditation and breathwork as core game inputs, and the ABS (Adaptive Biofeedback System) SDK, which received FDA 510(k) clearance in September 2024 for over-the-counter stress reduction and adjunctive blood pressure treatment. The ABS SDK is also positioned for licensing to third-party media and gaming companies to embed FDA-cleared biofeedback capabilities into their own products, and becomes eligible for CMS Digital Mental Health Treatment reimbursement beginning in 2025.

The business model combines direct-to-consumer over-the-counter game sales (one-time license, no prescription required), B2B SDK licensing to media companies, publishing revenue share with independent developers sourcing titles through the Mental Health Game Jam partnership with Global Game Jam, and a forthcoming reimbursable digital therapeutics channel via physicians. Customer segments span individual consumers with stress, anxiety, and depression concerns, healthcare providers who can prescribe DeepWell-powered treatments, first responder and high-stress occupational groups (exemplified by the NYC First Responders deployment in June 2024), and media/gaming companies licensing the SDK.

DeepWell DTx firmographics

Firmographics
Name
DeepWell DTx
Legal name
DeepWell Digital Therapeutics (DTx)
Website
https://deepwelldtx.com
Company type
Private
Founded year
2019
Operating status
Operating
Headcount range
11–50 employees
Short description
DeepWell DTx develops video games and immersive media that deliver mental health treatments, using FDA 510(k)-cleared vagus nerve biofeedback technology to serve consumers, first responders, healthcare providers, and media companies licensing its SDK.
Ownership category
akta.pro rank

DeepWell DTx industry classification

Industry
Product category
Digital Therapeutics for Mental Health
NAICS
Software Publishers (5132), Custom Computer Programming Services (541511)
SIC
Services-Computer Programming, Data Processing, Etc. (7370), Surgical & Medical Instruments & Apparatus (3841)
akta.pro industry
PRIMARYHLACANAI
Behavioral Health & Neurocognitive Therapeutics (Digital)
Healthcare & Life Sciences/Digital Health & Health IT/Digital Therapeutics (DTx) & Software as a Medical Device (SaMD)
SECONDARYHLACANAO
DTx/SaMD Deployment, Integration & Reimbursement Enablement
Healthcare & Life Sciences/Digital Health & Health IT/Digital Therapeutics (DTx) & Software as a Medical Device (SaMD)

Keywords

  • Digital therapeutics
  • Mental health games
  • Therapeutic VR games
  • Biofeedback software
  • Immersive medicine

Where DeepWell DTx is headquartered

Location

Headquarters

HQ city
Seattle
HQ country
United States
HQ region
North America

Offices1 record

Markets served

DeepWell DTx business model

Business model
GTM type
B2B and B2C
Offering type
Software
Cost components
Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

  1. Direct Game Sales (Over-the-Counter): Zengence and future DTx games sold directly to consumers through app stores (Meta Quest) without prescription at low cost, accessible at home.
  2. SDK Licensing to Media Companies: Licensing DeepWell's FDA-cleared biofeedback SDK to media companies to embed or use adjacently with their products for commercialization of video games and other immersive media as FDA-cleared digital therapeutics.
  3. Publishing Revenue Share: DeepWell publishes DTx-enabled games from independent creators, working with developers worldwide to publish new titles. Opens research-driven technologies to assist developers in designing and repurposing games to magnify their innate therapeutic value.
  4. Reimbursable Digital Mental Health Treatments: Media featuring DeepWell technology will be reimbursable as physician service under CMS Digital Mental Health Treatment (DMHT) codes beginning in 2025, enabling doctors to prescribe and patients to receive coverage for treatments incorporating DeepWell technology.

Pricing tiers

ModelBillingPrice
One time/ perpetual licensePay-as-you-goZengence VR Game - Meta Quest

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

DeepWell DTx product offering

Product offering

Core offering

DeepWell DTx develops and publishes video games and immersive media that function as digital therapeutics for mental health. Its core products are Zengence, a VR action-shooter for Meta Quest that uses breathwork and vocal meditation to activate the vagus nerve for stress reduction, and the FDA 510(k)-cleared ABS biofeedback SDK that is licensed to other media companies to embed therapeutic mechanics into their games. The company also publishes DTx-enabled games from independent developers and is positioned for CMS DMHT reimbursement starting in 2025.

Product overview

DeepWell DTx is a digital therapeutics company that develops video games and immersive media technology for mental health treatment. The company offers two core products: Zengence, a VR mental wellness action shooter that uses vocal meditation and breathing mechanics to activate the vagus nerve for stress reduction; and the ABS (Adaptive Biofeedback System) SDK, an FDA 510(k)-cleared biofeedback software development kit that media companies can integrate into games and immersive media for digital therapeutic applications. The company also hosts an annual Mental Health Game Jam in partnership with Global Game Jam to inspire therapeutic game development.

Differentiator

Problem solved

Functional benefit

Brands

  • Zengence: First-of-its-kind mental wellness action shooter for Meta Quest 2 and 3 that uses breathing-based gameplay to reduce stress and build resilience through vagus nerve stimulation.

Products and services

  • Zengence VR action-shooter game for Meta Quest 2 and 3 in which players hum, chant, or sing to activate the vagus nerve for stress reduction, with breathwork-driven combat across 30 levels, daily challenges, leaderboards, and a Zen Garden training mode. Sold over-the-counter without prescription at low cost to consumers seeking accessible mental health treatment.
  • ABS (Adaptive Biofeedback System) SDK FDA 510(k)-cleared biofeedback software development kit that monitors, provides recommendations, and deploys biostimulation through interactive media to activate the vagus nerve, reduce sympathetic nervous system activation, and release dopamine for coping and resilience. Licensed to media and game companies to embed into their products for commercialization as reimbursable digital therapeutics.

Quantifiable outcome

  • Zengence recommended usage: 3 sessions per week, 15 minutes per session for best stress relief and sustained resilience.
  • +2 more outcomes

Companies that use DeepWell DTx

Customer profile

Named customers1 record

Segments4 records

Ideal customer profiles5 records

DeepWell DTx technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

DeepWell DTx partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered core and minor.

  • Global Game JamcoreStrategic or Co-development Partner · 23 March 2022DeepWell DTx partnered with Global Game Jam Inc. (an international non-profit based in San Luis Obispo, California) to host the Mental Health Game Jam. This partnership engaged global game developers to create therapeutic games addressing stress, anxiety, and depression. The inaugural event ran May 1-22, 2022 and received 100+ entries.
  • NeuFluentcoreStrategic or Co-development PartnerDeepWell DTx is part of NeuFluent, a venture studio dedicated to reshaping the neurological landscape through novel treatment solutions for the mind, brain, and spine. NeuFluent develops neuroscience innovation including neuro prosthetics, brain-computer interfaces, and pharmaceutical technology. DeepWell commercializes immersive medical media under this umbrella.
  • Meow WolfminorGTM or Marketing PartnerVince Kadlubek, Founder and Director of Meow Wolf, is an endorser of DeepWell. Meow Wolf specializes in immersive art experiences. Kadlubek noted that 'art can be medicine' and DeepWell's technology allows immersive experiences to be legitimized and reimbursed for their healing value.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

DeepWell DTx competitors and assessment

Company assessment

Direct peers

  • Big Health: Big Health (Sleepio, Daylight) is a digital therapeutics company focused on mental health conditions delivered through mobile software, pursuing both consumer and prescription/reimbursement channels. Its mental health focus and dual OTC/Rx model parallel DeepWell's strategic positioning.
  • BehaVR: BehaVR develops VR-based digital therapeutics for mental and behavioral health conditions including anxiety, depression, and chronic pain. Its combination of immersive VR delivery, clinical evidence generation, and prescription/reimbursement pursuit is structurally aligned with DeepWell's Immersive Medicine platform.
  • AppliedVR: AppliedVR is an FDA-authorized VR-based digital therapeutics company (EaseVRx for chronic pain). Like DeepWell, AppliedVR combines VR hardware delivery with FDA-cleared therapeutic claims and pursues reimbursement, making it the most relevant peer for VR-format DTx commercialization strategy.
  • Akili Interactive: Akili Interactive is the most direct peer in prescription digital therapeutics delivered through interactive media (its EndeavorRx product is an FDA-cleared video game for ADHD). Like DeepWell, Akili pursued FDA clearance for game-format therapeutics and commercialized through both consumer and prescription channels, making it the closest comparable in business model and category.
  • Pear Therapeutics: Pear Therapeutics was a prescription digital therapeutics company that developed FDA-cleared software-based treatments (including reSET and reSET-O for substance use disorder). It pursued FDA clearance and prescription reimbursement for software-delivered therapeutics and ultimately filed for bankruptcy in 2023, providing the most instructive cautionary comparable for DeepWell's DTx reimbursement thesis.
  • Click Therapeutics: Click Therapeutics develops prescription digital therapeutics across multiple indications including mental health (depression, migraine, schizophrenia), pursuing FDA clearance and reimbursement for software-only treatments. Its prescription DTx model and mental health focus make it a directly comparable peer in regulatory strategy and commercialization approach.

Others

  • Meta (Reality Labs / Meta Quest): Meta operates the Meta Quest VR app store through which DeepWell distributes Zengence. While not a competitor, Meta is the critical infrastructure and distribution partner whose VR hardware adoption trajectory directly determines DeepWell's consumer commercial ceiling.

Emerging players

  • Limbic: Limbic is a UK-based digital mental health company developing AI-powered cognitive behavioral therapy tools. While not VR-based, it pursues a similar evidence-based, prescription-grade mental health DTx model and serves comparable end users through digital channels.
  • Happify Health: Happify Health delivers gamified mental health interventions through a consumer mobile app with enterprise and payer channels. Its gamification of mental wellness overlaps with DeepWell's positioning, though Happify has not pursued FDA clearance.

Broad incumbents

  • Headspace Health: Headspace Health (merged Headspace and Ginger) is a broad mental health platform offering meditation, mindfulness, and therapy services to consumers, employers, and payers. It represents the mainstream mental wellness incumbent against which DeepWell's gamified/clinical approach differentiates.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

DeepWell DTx social profiles

Digital presence

DeepWell DTx compliance and trust

Trust signal

Compliance1 record

DeepWell DTx financial estimates

Financial estimate

Revenue estimate

Valuation estimate

DeepWell DTx leadership team

Management profile

Number of profiles

Profiles5 records

DeepWell DTx funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

DeepWell DTx M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about DeepWell DTx

What does DeepWell DTx do?

DeepWell DTx develops and publishes video games and immersive media that function as digital therapeutics for mental health. Its core products are Zengence, a VR action-shooter for Meta Quest that uses breathwork and vocal meditation to activate the vagus nerve for stress reduction, and the FDA 510(k)-cleared ABS biofeedback SDK that is licensed to other media companies to embed therapeutic mechanics into their games. The company also publishes DTx-enabled games from independent developers and is positioned for CMS DMHT reimbursement starting in 2025.

Is DeepWell DTx a public or private company?

DeepWell DTx is a private company. It is classified as venture growth investor backed and is currently operating.

When was DeepWell DTx founded?

DeepWell DTx was founded in 2019. It employs 11 to 50 people.

Where is DeepWell DTx based?

DeepWell DTx is headquartered in Seattle, United States, in the North America region.

How does DeepWell DTx make money?

Four revenue lines are on record. Direct Game Sales (Over-the-Counter) is the primary driver. The others are SDK Licensing to Media Companies, publishing Revenue Share and reimbursable Digital Mental Health Treatments.

Who are DeepWell DTx's main competitors?

Direct peers on record are Big Health, BehaVR, AppliedVR, Akili Interactive, Pear Therapeutics and Click Therapeutics. Meta (Reality Labs / Meta Quest) is listed as an others. Emerging players are Limbic and Happify Health. Headspace Health is listed as a broad incumbent.

Does DeepWell DTx have an API?

No public API is recorded for DeepWell DTx.

What industry is DeepWell DTx in?

DeepWell DTx's product category is Digital Therapeutics for Mental Health. Its primary akta.pro industry code is HLACANAI, Behavioral Health & Neurocognitive Therapeutics (Digital), with a secondary code of HLACANAO, DTx/SaMD Deployment, Integration & Reimbursement Enablement. Its NAICS code is 5132 and its SIC code is 7370.

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Live signals
PR NewswireDeepWell DTx Unveils Winners for Inaugural Mental Health Game JamDeepWell Digital Therapeutics announced the winners of its inaugural Mental Health Game Jam, a competition hosted in partnership with Global Game Jam that attracted over 100 entries from developers worldwide. The grand prize of $25,000 was awarded to 'Inner Room' by developer byebyesama, a game simulating the daily struggles of someone dealing with depression during a three-day lockdown, while second and third place went to 'Biotopîco' and 'Fumble' respectively. The competition, judged by a panel of game industry veterans and medical professionals, aimed to inspire games with therapeutic value for stress, anxiety, and depression.PR NewswireFormer Global Game Jam Executive Director Kate Edwards Joins DeepWell DTxDeepWell Digital Therapeutics (DTx) has hired Kate Edwards, former Executive Director of Global Game Jam, as Head of Global Outreach & Readiness to lead its first annual Mental Health Game Jam beginning May 1, 2022. The game jam, presented in partnership with Global Game Jam and offering $25,000 for first place, invites developers worldwide to create games with therapeutic value for mental health conditions including stress, anxiety, and depression. DeepWell DTx, founded by Devolver Digital co-founder Mike Wilson and medtech innovator Ryan Douglas, positions itself as a first-of-its-kind video game publisher dedicated to creating games that simultaneously entertain and deliver therapeutic benefits for health conditions.