Empowering Digital Health: How Impact Assets' Investment Elevates Novobeing

Discover how Impact Assets' investment is propelling Novobeing's mission to transform digital health with immersive stress management solutions. Learn about our partnership's impact on wellness technology.

April 15, 2024

In a significant endorsement of innovation and trust in the future of digital health, Novobeing proudly announces a transformative investment from Impact Assets. This strategic partnership not only fuels our mission to redefine stress management and enhance well-being but also propels Novobeing to new heights of innovation and impact. Impact Assets, a leader in impact investing, has recognized the potential of Novobeing's cutting-edge virtual and mixed-reality technology to revolutionize the way we approach wellness and mental health. Their investment is a catalyst for our continued innovation, enabling us to expand our research, develop new features, and reach more individuals in need of effective stress management solutions. This collaboration marks a pivotal moment for Novobeing, as we leverage Impact Assets' support to further our commitment to creating personalized, immersive experiences that cater to the unique needs of our users. Together, we are setting a new standard in the digital health landscape, where technology and personal well-being converge to create a healthier, more resilient future.

Innovating for Individual Needs

At the heart of Novobeing's mission is a passion for personalization. We understand that stress management and well-being are deeply personal journeys. Our platform leverages the latest in immersive technology to offer experiences tailored to individual needs, conditions, and stress levels. Whether through meditation, breathwork, or cognitive behavioral therapy, our solutions are designed to engage and adapt, making them suitable for both healthcare environments and personal use.

Maximizing Impact Together

In our collaboration with Impact Assets, the emphasis on creating a tangible, positive impact in the health and wellness sector is paramount. Impact Assets, with its robust track record of supporting transformative projects, recognizes the potential of Novobeing's digital health platform to make a significant difference in the way individuals manage stress and enhance their well-being. Impact Assets is no stranger to the tech, having invested in a variety of companies that are at the forefront of innovation.

The decision to invest in Novobeing was made after a thorough due diligence process led by the Harvard Business School's Impact Investing Program. This rigorous evaluation not only attests to the viability and potential of Novobeing's innovative approach to stress management but also underscores the company's expanded collaboration with Harvard. Our collaboration with the outstanding team at Massachusetts General Hospital the original and largest teaching hospital of Harvard Medical School has been the cornerstone of our product development. Together, we have co-developed numerous comprihensive modules for our healthcare stress reduciton kits and the support from the Digital Health team at this esteemed insitution has been invaluable. We are on the cusp of finalizing a comprehensive randomized control trial involving 80 patients and are eagerly anticipating the release of these findings soon. This pivotal moment is more than a notable accomplishment for Novobeing—it signals a possible transformative shift in the approach to stress management within the healthcare industry.

Co-Founder & CEO Sid Desai with the Clinical Team at MGH Hospital Dr. Hermi Amonoo, Dr. Areej El-Hawahri, Riley Psenka, Dr. Richard Newcomb

A Catalyst for Growth and Innovation

The investment from Impact Assets is more than financial support; it's a catalyst that will accelerate our product development, innovation, and the expansion of our impact. This partnership aligns perfectly with our goals and Impact Assets' mission to support initiatives that contribute to a healthier, more sustainable world. Together, we're not just envisioning a future where stress management is more effective and engaging—we're actively building it.

Join Us on This Journey

For more information about our mission and the transformative potential of our partnership with Impact Assets, we invite you to explore Novobeing's about us page and Impact Assets webiste.

Join us in this exciting journey towards a healthier, more resilient future.

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