Boon VR
Early Stage
Medical Training in Virtual Reality! Major Paid Pilots. Serial Entrepreneur.
Analytics
Raised: $265,271
Aggregate Commitments $
Platform
Republic
Start Date
02/19/2018
Close Date
06/11/2018
Min. Goal
$25,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
SAFE
Funding Type
RegCF
Valuation Cap
$7,000,000
Discount Rate
20%
Rolling Commitments $
Status
Funded
Reporting Date
06/30/2018
Days Remaining
Funded
% of Min. Goal
1,061%
% of Max. Goal
25%
Likelihood of Max
Funded
Avg. Daily Raise
$2,368
# of Investors
469
Momentum
Funded
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Location
San Francisco, California
Industry
Business Services, Software, & Applications
Tech Sector
Who Should Be Interested:
Are you a new doctor or medical student who wants more realistic practice opportunities for surgeries? Or, are you a seasoned MD who wants to practice new and innovative technologies in a safe way, or ensure that your new doctors feel comfortable with the procedures they’re doing? Well then, it sounds like Boon VR could be the investment you’ve been waiting for. Their VR technology helps train doctors in medical procedures, making sure doctors feel comfortable -- and patients stay safe.
The Company:
Boon VR’s virtual reality (VR) technology will revolutionize the medical training industry and disrupt a potential $1.4B market. Their cutting-edge VR provides life-like, on-demand training for medical procedures, helping close the training gap for doctors. Not only does Boon VR provide training situations for practice, but their unique cloud platform allows doctors to virtually visit and revisit operating rooms where real-life procedures are taking place. As Boon puts it, “If the operating room is a living theater, then Boon VR puts the viewer on center stage.” So far, Boon’s running paid pilots include a Fortune 2000 medical device company, and they are in talks with several Fortune 500 device companies as well. They’ve already secured $375,000 in investments, and their team has the deep medical, surgical, and entrepreneurial experience needed to make Boon truly boom into a success.
The Bottom Line:
Medical errors impact 232 million patients globally and are the third leading cause of death in the US. With Boon VR, those errors could decrease, and life-saving medical device access could increase. More doctors would feel more comfortable doing the procedures, meaning more people could get them faster. Plus, 92% of operating room respondents felt that VR training really helped. Boon VR can help transform and revolutionize the medical training world -- one VR operation at a time.
Are you a new doctor or medical student who wants more realistic practice opportunities for surgeries? Or, are you a seasoned MD who wants to practice new and innovative technologies in a safe way, or ensure that your new doctors feel comfortable with the procedures they’re doing? Well then, it sounds like Boon VR could be the investment you’ve been waiting for. Their VR technology helps train doctors in medical procedures, making sure doctors feel comfortable -- and patients stay safe.
The Company:
Boon VR’s virtual reality (VR) technology will revolutionize the medical training industry and disrupt a potential $1.4B market. Their cutting-edge VR provides life-like, on-demand training for medical procedures, helping close the training gap for doctors. Not only does Boon VR provide training situations for practice, but their unique cloud platform allows doctors to virtually visit and revisit operating rooms where real-life procedures are taking place. As Boon puts it, “If the operating room is a living theater, then Boon VR puts the viewer on center stage.” So far, Boon’s running paid pilots include a Fortune 2000 medical device company, and they are in talks with several Fortune 500 device companies as well. They’ve already secured $375,000 in investments, and their team has the deep medical, surgical, and entrepreneurial experience needed to make Boon truly boom into a success.
The Bottom Line:
Medical errors impact 232 million patients globally and are the third leading cause of death in the US. With Boon VR, those errors could decrease, and life-saving medical device access could increase. More doctors would feel more comfortable doing the procedures, meaning more people could get them faster. Plus, 92% of operating room respondents felt that VR training really helped. Boon VR can help transform and revolutionize the medical training world -- one VR operation at a time.
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