What MyndVR does

Mynd Immersive (operating under MyndVR) is a private digital therapeutics company that delivers virtual reality-based therapeutic and wellness solutions to older adults, veterans, and their caregivers. The company pairs lightweight VR headsets with proprietary, curated software to deliver structured immersive content and clinical interventions across four trademarked product lines: Mynd Inspire™ for resident engagement in senior living, MyndXR™ for post-acute physical, occupational, and speech therapy, MyndCare™ for caregiver training, and Mynd Inspire for Veterans™ for veteran-specific care. The platform is positioned around ease of use for older adults and clinical workflows, with content and hardware selected for non-technical users in care settings.

The company's technology and credibility moat rests on multi-institution clinical validation. Mynd Immersive has conducted formal research partnerships with the U.S. Department of Veterans Affairs, Stanford University, and the Centers for Medicare & Medicaid Services, producing published outcomes including a 60% average reduction in distress (SUDS), a 47% average reduction in pain intensity (DVPRS), a 100% rate of decrease in agitation and restlessness, an 88% reduction in isolation, an 89% improvement in socialization, and 90-91% resident recommendation rates. These outcomes underpin the company's evidence-based positioning versus generic VR content providers.

Mynd Immersive operates a B2B, enterprise sales-led go-to-market, distributing through direct sales to senior living communities, post-acute care and rehabilitation centers, hospice and palliative care providers, and VA healthcare facilities. Revenue is generated via enterprise licensing or subscription arrangements under a quote-based model; pricing is not publicly disclosed and is gated behind a 'Request a Demo' call to action. Named customers include the U.S. Department of Veterans Affairs and Select Rehabilitation (a multi-site rehabilitation services provider). Distribution is concentrated in the U.S. domestic market, with no disclosed international footprint.

Name

MyndVR

Website

https://myndvr.com

Company type

Private

Operating status

Operating

Short description

MyndVR (operating as Mynd Immersive) provides VR-based digital therapeutics for older adults, veterans, and caregivers, selling enterprise subscriptions to senior living, post-acute care, hospice, and VA facilities through four product lines.

Ownership category

akta.pro rank

Product category

Virtual Reality Therapeutics for Aging Healthcare

NAICS

Offices of Physical, Occupational and Speech Therapists, and Audiologists (62134), Ambulatory Health Care Services (621)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Remote Therapeutic Monitoring (RTM) & Digital Rehabilitation Platforms (HLALABAK)

akta.pro secondary industries

Digital Rehabilitation & Physical Therapy Therapeutics (HLACANAJ), Behavioral Health & Neurocognitive Therapeutics (Digital) (HLACANAI), Cognitive Stimulation & Reminiscence Therapy (Non-Clinical) (HSABAEAH)

Keywords

• Virtual reality therapy
• Senior living technology
• Digital therapeutics
• Post-acute rehabilitation
• Caregiver training software

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Supply Chain, Operations

Revenue model

1. VR Platform Licensing/Subscription: Mynd Immersive provides VR therapy platforms (Mynd Inspire, MyndXR, MyndCare) to healthcare facilities including senior living communities, post-acute care centers, hospice/palliative care providers, and VA facilities. Revenue appears to be generated through enterprise licensing or subscription arrangements with healthcare providers.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Mynd Immersive provides a virtual reality-based digital therapeutics platform for older adults, veterans, and caregivers, delivered through VR headsets and proprietary software. Its four core offerings — Mynd Inspire™, MyndXR™, MyndCare™, and Mynd Inspire for Veterans™ — serve senior living communities, post-acute rehabilitation, hospice/palliative care, and VA facilities. The platform combines immersive content with clinical research validated by the VA, Stanford University, and CMS to deliver therapeutic, engagement, and training interventions.

Product overview

Mynd Immersive offers a unified VR-based digital therapeutics platform combining intuitive software, lightweight hardware, and evidence-based methodologies to elevate quality of life for aging adults, veterans, and caregivers. The platform consists of four core products: Mynd Inspire™ for resident engagement and community building in senior living settings; MyndXR™ for post-acute care providing PT, OT, and ST therapeutic interventions; MyndCare™ for caregiver training through immersive simulations; and Mynd Inspire for Veterans™ for veteran-specific care. The company also partners with the U.S. Department of Veterans Affairs, Stanford University, and Centers for Medicare & Medicaid Services to validate clinical outcomes.

Differentiator

Problem solved

Functional benefit

Brands

• Mynd Inspire™: Resident engagement platform for senior living communities
• MyndXR™
• MyndCare™
• Mynd Inspire for Veterans™

Products and services

• Mynd Inspire™ Resident engagement platform that sparks memories, builds community, and transports older adults through engaging immersive VR experiences. Designed for senior living communities and assisted living facilities to address isolation, boredom, and social withdrawal.
• MyndXR™ Post-acute care solution providing groundbreaking tools for physical therapy (PT), occupational therapy (OT), and speech therapy (ST). Motivates patient movement and measures progress with immersive therapeutic interventions that turn rehabilitation into recreation.
• MyndCare™ Caregiver training solution that boosts caregiver confidence, empathy, and learning retention using immersive simulations. Targets professional caregivers working with older adults and veterans.
• Mynd Inspire for Veterans™ Specialized version of Mynd Inspire designed for veteran care, providing immersive therapeutic experiences tailored to veterans' needs, including PTSD symptom management and veteran-specific content.

Quantifiable outcome

• 88% success rate in reducing feelings of isolation (CMS)
• +6 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Four partnerships are on record, tiered core.

• U.S. Department of Veterans AffairscoreStrategic or Co-development PartnerVA has expanded virtual reality therapy with Mynd Immersive to reach more Veterans. Research partnership conducting clinical studies on VR therapy effectiveness for distress reduction (60% average decrease), pain management (47% average decrease), and agitation/restorlessness reduction (100% improvement).
• Stanford UniversitycoreStrategic or Co-development PartnerStanford University conducted research validating Mynd Immersive's effectiveness showing 58% reduction in isolation, 79% increase in positivity, improved relationships among residents and with caregivers, and 90% would recommend to friends.
• Centers for Medicare & Medicaid Services (CMS)coreStrategic or Co-development PartnerCMS research validated Mynd Immersive outcomes showing 88% success in reducing feelings of isolation, 89% improvement in socialization, and 92% felt they had temporarily left the building, preferred VR to other activities, and reported improved socialization.
• Select RehabilitationcoreChannel Partner/ Reseller/ DistributorSelect Rehabilitation, a rehabilitation services provider, has adopted Mynd Immersive as part of their clinical programming. CEO Anna Gardina Wolfe stated the technology enhances their clinical outcomes and demonstrates commitment to patient-centered care.

Scale indicators11 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Psious: Psious offers VR-based exposure therapy and mental health treatment tools used by clinicians, partially overlapping with Mynd's veterans mental health and therapeutic use cases.
• BehaVR: BehaVR builds VR-based digital therapeutics for behavioral health and chronic conditions, overlapping with Mynd's mental wellness, isolation, and pain management use cases in healthcare settings.
• XRHealth: XRHealth operates a VR telehealth platform providing clinician-supervised virtual therapy across rehabilitation and behavioral health, overlapping with MyndXR in post-acute and rehabilitation therapy.
• AppliedVR: AppliedVR is an FDA-authorized VR therapeutic platform for chronic pain and behavioral health conditions, competing with Mynd in the broader digital therapeutics VR category with overlapping health system buyers.
• Embodied Labs: Embodied Labs provides immersive VR training for caregivers and healthcare workers, directly competing with MyndCare in caregiver empathy and skills training.
• Rendever: Rendever provides VR-based reminiscence therapy and engagement experiences specifically for senior living communities, directly competing with Mynd Inspire in the same customer segment with similar delivery model.
• Penumbra (REAL Immersive): Penumbra's REAL Immersive system delivers VR-based rehabilitation therapy across clinical and senior care settings, directly competing with MyndXR for physical, occupational, and speech therapy workloads.

Broad incumbents

• Omnicare (CVS Health): CVS Health's Omnicare and broader healthcare services arm serve senior populations at scale; while not a VR therapeutics company, it is a broad incumbent that could acquire or partner to bring digital therapeutics into senior care.

Emerging players

• Karuna Labs: Karuna Labs develops VR-based chronic pain management and rehabilitation programs, addressing overlapping pain and PT use cases with MyndXR though focused more on individual consumers and specialty pain clinics.
• Limbic Innovations: Limbic Innovations provides VR applications for senior engagement and cognitive wellness in senior living facilities, an emerging player in the same niche as Mynd Inspire.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about MyndVR