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Bold creates personalized, science-backed online exercise programs tailored for older adults to improve balance, build strength, and reduce pain with a specific aim to lower fall risk. The programs are delivered online and can be accessed by eligible participants at no cost through partnerships with health plans, after users check their eligibility on Bold’s website. The service works by providing individualized workouts designed to address age-related balance and strength deficits, with evidence showing a 46% reduction in falls. Unlike many fitness programs, Bold operates through insurer partnerships, offering its plans as a covered benefit to plan members while insurers benefit from potential reductions in fall-related healthcare costs. Ultimately, Bold’s goal is to help aging individuals stay safer and more active by preventing falls and improving overall well-being.
Industries
Healthcare
Company Size
51-200
Company Stage
Series A
Total Funding
$27M
Headquarters
Los Angeles, California
Founded
2019
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Total Funding
$27M
Above
Industry Average
Funded Over
3 Rounds
Industry standards
Stock Options
Bold, an AI-enabled healthy ageing company, has expanded its virtual weight management programme for seniors to include GLP-1 prescriptions. The service, launched as part of the CMS Bridge programme, combines medication with personalised strength training, nutrition support, and ongoing provider care to address muscle loss risks in older adults. The programme pairs GLP-1 drugs with comprehensive lifestyle support designed to preserve muscle mass and reduce frailty. Bold will prescribe only FDA-approved drugs without markup, prioritising safety and affordability. Members receive monthly check-ins with care teams and access to providers through Bold's app. Bold works with Medicare Advantage plans and ACOs, serving over 12 million eligible seniors. The company reports clinical results showing up to $1,500 in cost reduction within a year and up to 40% reduction in falls and related hospitalisations.
Bold, an AI-enabled healthy aging company for seniors, has appointed Dr Sandeep Palakodeti as chief medical officer. He will expand Bold's care model, build relationships with Medicare Advantage plans and accountable care organisations, and drive clinical outcomes across diverse populations including polychronic and dual-eligible members. Dr Palakodeti brings over 20 years of experience in value-based care and healthcare innovation. He previously served as founding chief medical officer at Hopscotch Health and held leadership positions at Mayo Clinic, University Hospitals and CareMore Health. Bold partners with Medicare Advantage plans and accountable care organisations to improve outcomes for ageing populations, serving over 12 million eligible seniors. The company reports up to $1,500 in total cost of care reduction within a year and up to 40% reduction in falls and related hospitalisations.
1,700万ドルの調達発表した「Bold」Image Credit: Bold. 本稿は独立系ベンチャーキャピタル、グローバル・ブレインが運営するサイト「GB Universe」に掲載された記事からの転載. 今週の注目テックトレンド
Bold, a Los Angeles-based company offering a healthy aging platform for older adults, closed a Series A funding round led by Rethink Impact.
In conjunction with the funding, Jenny Abramson, Founder and Managing Partner of Rethink Impact, is joining Bold's Board of Directors.
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Industries
Healthcare
Company Size
51-200
Company Stage
Series A
Total Funding
$27M
Headquarters
Los Angeles, California
Founded
2019
Find jobs on Simplify and start your career today