Rey, an Austin TX-based mental health and wellness company, raised $ 10 million in Series A funding.
The round was led by Optum Ventures with the participation of Oxford Sciences Innovation.
The company intends to use the funds to expand the reach of its consumers.
Directed by Deepak Gopalakrishna, Rey provides therapeutic interventions, such as cognitive-behavioral therapy, with clinically validated tools, such as virtual reality, to address a wide range of members ’needs in new and innovative ways. Driven by OxfordVR, a Oxford University-based company and a leader in leverage technology to provide proven treatment tools in immersive environments, the company provides care teams with the tools they need to bring treatments directly home. of members. The company will also absorb OxfordVR and bring to market virtual reality (VR) and digital treatments for phobias, psychosis, post-traumatic stress disorder and social avoidance. OxfordVR, was founded in 2017 by Dr Daniel Freeman, Professor of Clinical Psychology at Oxford University.