Roga is on a mission to develop better alternatives for mental
healthcare
LOS
ANGELES, July 9, 2024 /PRNewswire-PRWeb/ --
Neurotech and mental healthcare startup Roga announced today it has
raised a $1.2 million USD pre-seed
round to support the launch of their next-gen wearable device to
reduce chronic stress and burnout.
The round, included investment from venture capital firms
Exceptional Ventures, ODX by On Deck, Minded Ventures, and the
AngelList Fund; institutional investors including The Centre for
Aging + Brain Health Innovation (CABHI) and the Ontario Brain
Institute; and angel investors including senior directors from
Samsung and Google.
Roga was founded by neuroscientist Dr. Alison Smith and ex-Google hardware PM Ami
Lebendiker who sought better alternatives to managing chronic
stress, anxiety and burnout symptoms in a safe, affordable and
personalized way.
The Roga wearable looks like a pair of headphones that plug into
a smartphone, and operate via the Roga mobile app which provides
best-in-class on-demand guided meditations, journaling and session
progress tracking and analytics. The device reduces the symptoms of
stress on a physiological level by emitting a gentle electrical
signal to calm the brain's fight-or-flight response. This technique
is a type of non-invasive brain stimulation now available in a
convenient, affordable form factor for everyday consumer use.
Voted one of the World Changing Ideas by Fast Company, Roga's
phone-powered wearable is intentionally designed to lower barriers
to access mental health care and support.
The investment also follows the company's first international
expansion deal in India earlier
this year. In January 2024, Roga and
its partner, Indian telehealth giant, GlobalSpace Technologies,
Ltd., launched India's first
telehealth-wearable program to enable patients in India to get access to mental healthcare under
a provider even from remote locations.
About Roga:
Roga is a mental health and wellness company using the latest in
Neurotech to relieve severe stress and burnout in a convenient,
cost-effective way. Based in Los
Angeles and Toronto, Roga™
launched its first device in 2023. The Roga device, named one of
the World Changing Ideas by Fast Company in 2023, is a paired
wearable/app duo that combines two proven methods – peripheral
nerve stimulation and personalized guided meditation — into one
safe, effective, and affordable solution to reduce stress and
burnout. Roga is a VC funded startup supported by LBAN at
Stanford University and Velocity at the
University of Waterloo.
Pull Quote
The device reduces the symptoms of stress on a physiological
level by emitting a gentle electrical signal to calm the brain's
fight-or-flight response.
Media Contact
Ami Lebendiker, Roga, 1 (510) 817-2218, info@rogalife.com
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SOURCE Roga