TRIPP, a Los Angeles, Calif.-based digital psychedelic platform, raised $11M in funding.
The round was led by Vine Ventures, and Mayfield with participation from Integrated, AlphaBridge Ventures, Beni VC, Berkeley Club, CJ Group, CTR Capital, Evolution, Robert Goldberg, Tony Greenberg, Grit VC, Incisive Ventures, Inflect Health, Iter Investments, Joanna Popper, Jim Dew, Joe Polish, JLS Fund, Lionheart Ventures, Matt Mullenweg, Mike DeLuise, Murtaza Hussain, NeoKuma, Presence Capital, PsyMed Ventures, Redbeard Ventures, Re.Mind Capital, Social Leverage, WhatIf Ventures, Mike Wilson, Mark Zittman and other individual investors.
The company intends to use the funds to continue growing both its team and user base, further R&D, and expand its adaptive platform to support cross-platform distribution.
Led by Nanea Reeves, CEO and Co-Founder, Chief Business Officer Mani Srinivasan, and CTO Jason Asbahr, TRIPP provides a platform which immerses users into alternate realities that promote emotional wellbeing and transformative states through the use of psychedelic visuals and targeted sounds/interactions. The company has already delivered more than two million TRIPP sessions on the Oculus and PlaystationVR platforms.