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Virtual Therapeutics

Kirkland, WashingtonFounded 2015

  • Digital therapeutics
  • Chronic pain

Virtual Therapeutics develops immersive healthcare solutions using VR, AR, and XR technologies to support mental health, pain management, rehabilitation, training, and wellness. Its platform combines engaging digital content, clinical models, and adaptive stress-resilience programs to help patients build resilience and improve health outcomes.

Founded
2015
Employees
11–50

reccy insights

Recent highlights

Virtual Therapeutics’ clearest strategic milestone was its acquisition of Akili Interactive, announced on May 29, 2024 and completed through a tender-offer process reported on Jul 2, 2024. The transaction was valued at approximately $34 million and expanded Virtual Therapeutics’ position in prescription digital therapeutics through Akili’s ADHD-focused technology. This is an acquisition rather than evidence of a conventional financing round, so it is not included in total funding. The company’s broader product portfolio includes Breakthrough, a turnkey enterprise VR program supplying hardware, software, tools, and workplace mental-fitness metrics, and Bloom, a VR meditation program targeting stress, anxiety, depression, empathy, and mindfulness. Virtual Therapeutics also describes RIBS as a platform for delivering, assessing, and supporting reimbursement of digital treatments. Public information on developments after the Akili transaction is limited. The available team information identifies Dan Elenbaas as CEO and co-founder and Matt McIntire as VP of Operations & Finance, with the company placed in the 11–50 employee range.

Written by reccy's AI from company sites, press and funding records · updated Oct 2026

What makes Virtual Therapeutics distinct

  1. 01Combines immersive technology with clinical models to create engaging digital therapeutic experiences.
  2. 02Addresses stress, anxiety, chronic pain, PTSD, addiction, depression, physical therapy, and stroke recovery.
  3. 03Develops proprietary content and user experiences informed by game development and digital engagement expertise.
  4. 04RIBS is designed to support the delivery, assessment, and reimbursement of digital treatments within healthcare systems.
  5. 05Focuses on reducing the physical and financial burden of chronic disease and treatment.

Technology & products2

  • Breakthrough

    A turnkey VR program designed to improve employee mental fitness across enterprises by providing hardware, software, tools, and metrics for workplace mental wellness.

  • Bloom

    A VR meditation program intended to reduce stress, anxiety, and depression while enhancing satisfaction, empathy, and mindfulness.

  • RIBS proprietary platform for delivering, assessing, and supporting reimbursement of digital treatments.
  • VR, AR, and XR immersive healthcare technologies.
  • Adaptive stress-resilience training programs.
  • Immersive digital-therapeutic and rehabilitation content.

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About Virtual Therapeutics

Products
Breakthrough, Bloom
Leadership
Dan Elenbaas, CEO/Co-FounderMatt McIntire, VP Operations & Finance
Focus areas
Digital health, mental health, digital therapeutics, virtual reality, augmented reality, healthcare technology, rehabilitation, wellness
Headquarters
Kirkland, Washington
Founded
2015
Employees
11–50