Startup name
VRapeutic
Web address
Founding date
January 2017
Incorporation
No
Total team member
2
Startup stage
Prototype
Category
Software
Sector
Health & wellbeing, Virtual reality
Product usage or interact
Mobile/Tablet (Android), Hardware-wearable
City
Alexandria, Alexandria, Egypt
Elevator pitch
VRapeutic is a research-based software company specializing in the development of VR-based therapeutic solutions. We are currently focusing on autism and the proposed company is expected to work side-by-side, and offers its services, through public and private hospitals, rehabilitation centers, and private clinics.
Team
Ahmad Al-Kabbany
I am an impassioned researcher with a strong will to adapt technology and art for the good of people.
Marian Kamel
A highly motivated researcher who believes knowledge is power - love travel and helping people to survive.
Business model
Target customer
public and private hospitals, rehabilitation centers, private clinicsCustomer acquisition strategy
Booths in relevant conferences-Social Media-Content Marketing-Revenue model
We charge customers per downstream of the therapeutic skill-specific modules from our platform and we sell:1. One-size-fits-all clinically validated therapeutic software VR content
2. Customized solutions that address the diverse personal needs of autistic people.
3. Research-backed updates that represent the accumulating knowledge of VRapeutic.
Market info
Market size
$ 0Competitors
- Floreo - http://floreotech.com/
Competition
To the best of our knowledge, the aforementioned competitor is the only VR startup focusing on autism. They are still in the prototype stage, though, and still relying on pilot programs to test their prototype. Classical approaches of therapy are also one of our competitors but there is a clear evidence that VR-based and supplemented therapy efficiently enhances the recovery rate and impact of these classical approaches.KPI's
- 0 Number of collaborating therapy centers
- 0 Number of modules in the prototype
Startup traction
- Two of the most prestigious therapy centers in Alexandria, Egypt, collaborate with us on the prototype development and the clinical validation stages. Another well-known therapy center in Doha, Qatar, also collaborates with us. This is the KPI of the customer validation stage.
- We started by developing one module in the prototype and the completion of it had been planned to mark the completion of the job. Now, we have reached 4 modules. This is the KPI of the prototype development stage. This is an indication of the diversity of modules that can be worked on; yet, we stick to these four modules for now to prove the concept on a rich and extensive prototype.
Other information
1. VRapeutic was chosen among finalists (best ten ideas) in 2017's MIT EF Arab Startup Competition.
Publication date: 16 September 2017