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VRenity, Inc

USA, Washington
Market: Virtual and Augmented Reality
Stage of the project: Prototype or product is ready

Date of last change: 17.09.2024
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Idea

VRenity uses VR and AI, including ChatGPT interactivity, to enhance well-being in high-stress sectors, offering experiences like the 8D Soundbath and AI-generated tranquility scenes.

Current Status

VRenity has successfully completed its alpha testing phase and is poised for beta testing in November 2024. The platform was recognized as a finalist in the LG NOVA Hackathon in 2023, highlighting its innovative approach. A market validation survey revealed that 76% of HR professionals are interested in adopting VR wellness solutions within the year. Additionally, VRenity has cultivated a strong social media presence with 19,000 followers, demonstrating robust market interest and engagement.

Problem or Opportunity

VRenity addresses critical gaps in traditional mental health care, such as stigma, accessibility, and cost, by utilizing VR and AI. Our platform offers immersive, personalized experiences to enhance well-being, providing a private and convenient alternative to conventional therapies.

Solution (product or service)

VRenity uses VR and AI to provide accessible, affordable mental wellness support, removing stigma and logistical barriers associated with traditional therapy.

Business model

Operating on a B2B2C model, VRenity will provide seat license packages directly to mid-market and enterprise companies. We will target five key industry sectors with high potential for conversion into paid subscribers. Additionally, VRenity will be available to consumers through third-party app marketplaces like Steam and the Oculus Store at a rate of $20 per month. This dual approach will allow us to capture both organizational and individual users, maximizing our market reach and impact.
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