The worldwide pandemic has resulted a rapid stay-at-home movement, which consequently caused an increased flow of investments for VR startups.
Los Angeles based startup, TRIPP, the company that developed the VR meditation app recently closed a Series A fund raising round at $11 million USD.
According to Tech Crunch, The investment round was led by Vine Ventures and Mayfield, and participation from Integrated. The company has raised $15 million to date, with previous round at $4 million USD.
The goal of TRIPP is to use VR to reduce stress and enable user to practice mindfulness. TRIPP provides a variety of meditation experiences that provides visual landscapes, audio frequencies, and breathing exercises.
According to CEO Nanea Reeves, the TRIPP VR app delivers a psychedelic experience in a benign way.
The app is available on the Oculus store and PSVR as a subscription service, priced at $5 per month or $15 per year. User can also purchase the app for a one-time cost for $30, this is the case for PSVR as well.
The app was recognized by Men's Health Magazine as "The Best VR Meditation/Wellness App", based on scientific research. Combining it's offering, the app can help user feel more calm and focused.
See our guide to best relaxation and meditation VR games.
The experiences aims to provide reflections to help user expand the way they perceive the physical world, and to build resilience that enables them to feel emotionally healthy.