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Oxford VR

Health Tech & Medtech · Austin, United States · Founded 2017

Transforming mental health for millions with state-of-the-art immersive technology MoreLess

Oxford VR, established in 2016 as a spin-out from the University of Oxford, specializes in developing virtual reality (VR) therapies for serious mental illnesses. The company was co-founded by Professor Daniel Freeman, a clinical psychologist at Oxford's Department of Psychiatry, and Deepak Gopalakrishna. Freeman's journey into VR for mental health stems from over two decades of research into the field, driven by a desire to overcome the shortage of skilled therapists by creating automated, yet effective, psychological treatments.

The core of Oxford VR's business is the creation of automated, evidence-based digital treatments using cognitive behavioral therapy (CBT) principles within immersive VR environments. These programs are designed to be guided by a virtual coach, allowing them to be administered by a range of healthcare staff and increasing patient access to care. The company's business model targets healthcare providers, such as the UK's National Health Service (NHS) and other mental healthcare organizations, offering a cost-effective and scalable solution to traditional therapy. Clients include entities like the NHS, AXA, and Universal Health Services.

One of the company's notable products is an automated VR treatment for the fear of heights, which demonstrated significant clinical benefits in trials published in The Lancet Psychiatry. Another key product, gameChange, is a VR therapy designed for patients with psychosis, which helps them overcome anxious social avoidance. This product received Breakthrough Device designation from the U.S. Food and Drug Administration (FDA). The therapies place users in simulations of environments that trigger their symptoms, such as a crowded train or a high-rise building, where they receive live coaching to process their conditions in a safe space. In late 2022, Oxford VR merged with the U.S.-based company BehaVR to expand its reach and capabilities, particularly in the United States, operating under the BehaVR brand.

Keywords: digital therapeutics, virtual reality therapy, mental health treatment, cognitive behavioral therapy, psychosis, anxious social avoidance, phobia treatment, digital health, health tech, automated therapy, immersive technology, serious mental illness, clinical psychology, patient management platform, telehealth, gameChange, BehaVR, Daniel Freeman, digital wellness, behavioral health

Company overview

Oxford VR company information

The essential company record, classifications and operating signals in one place.

Status
Acquired
Founded
2017
Headquarters
Austin, United States
Employees
2
Open positions
None listed
Dealroom signal
59.0
client focusb2ctechnologyDeep TechtechnologyVirtual Realitysub industryMedical Devicesbusiness modelManufacturingsectorPsychologyindustryHealthindustryWellness BeautysectorMental HealthsectorImmersive TechnologiessectorSpinoutsectorDigital CaresectorDT and LSsectoruk is8 life sciences

Valuation & funding

Oxford VR funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONExit Dec 2022 $0 BehaVR
SERIES AEquity / VC Feb 2020 $13M $50M GT Healthcare · Optum Ventures · Oxford University Innovation · Luminous Ventures
EARLY VCEquity / VC Sep 2018 $4.2M $17M GT Healthcare · Oxford Science Enterprises · Force Over Mass Capital · RT Ventures
SEEDEquity / VC Jan 2017 Force Over Mass Capital · Oxford Science Enterprises
SPINOUTOther financing Nov 2016 University of Oxford
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Financials

Workforce over time

Available workforce history. Financial fields without reported data are omitted.

YearEmployees
2026 2
2025 7
2024 7
2023 19
2022 19
2021 19
2020 35
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Growth signals

Oxford VR website traffic

Latest recorded traffic for Oxford VR is 840 monthly website visits, up 663.6% over the last three months. Oxford VR's team declined 71.4% over the past year.

Latest monthly visits840 3-month web change+663.6% 1-year team growth-71.4%
Monthly website visits46 observations · Oct 2017–May 2025
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Comparisons

Oxford VR compared with similar companies

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Talent graph

Oxford VR's talent

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Team profiled 14 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

11 investors on Oxford VR's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 2 investors entered at this stage
Force Over Mass Capital
Oxford Science Enterprises
Series A 5 investors entered at this stage
GT Healthcare
RT Ventures
Optum Ventures
Oxford University Innovation
Luminous Ventures
Other known 4 additional known investors
BehaVR
University of Oxford
Mission Daybreak
OUI Startup Incubator

Global footprint

Where Oxford VR has talent and traffic

Workforce by country
1 countries with
team presence
🇬🇧 United Kingdom100%
1 country shown

In the news

Latest news about Oxford VR

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Market sentiment

What the market is saying about Oxford VR

An AI-synthesized read of the highest-engagement posts about Oxford VR on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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