In conjunction with the funding, Jenny Abramson, Founder and Managing Partner of Rethink Impact, is joining Bold's Board of Directors.

More than 10 million Medicare members now have access to Bold's evidence-based, personalized platform, which has been shown to drive a 46% reduction in fallsLOS ANGELES, Sept. 12, 2023 /PRNewswire/ -- Bold , the leading healthy aging platform, today announced $17 million in Series A funding led by Rethink Impact, with participation from Samsung Next and existing investors Andreessen Horowitz (a16z) Bio + Health, Khosla Ventures, GingerBread Capital, and Primetime Partners, bringing its total amount raised to $27 million. The capital will be used to support Bold's continued expansion with national and regional Medicare plans and provider groups, and accelerate the growth of its clinical exercise offerings to support the diverse physical and mental health needs of older adults.Bold is the leading healthy aging platform, offering personalized, evidence-based exercise programs for Medicare members that help prevent falls, reduce musculoskeletal pain and disability, and increase physical activity levels.Bold provides each member with a personalized, evidence-based exercise program in order to prevent falls, reduce musculoskeletal pain and disability, and increase physical activity levels. The company partners with innovative Medicare plans and providers to support underserved members, many of whom suffer from chronic conditions, mobility issues, and pain. Utilizing dynamic adjustments and sophisticated behavioral science, Bold's platform engages members continuously as they build sustainable habits that provide lasting impact."Millions of older adults spend years in poor and declining health brought on by falls, pain, and other chronic conditions, representing a growing disconnect between quality of life and overall longevity," said Amanda Rees, Co-founder and CEO of Bold. "Bold was designed to increase healthspan for older adults, offering accessible, easy-to-follow programs that improve strength, reduce falls, and promote lifelong well-being."Today's milestone capital raise comes on the heels of a breakthrough year for Bold, with the company's services now covering more than 10 million lives

For many older adults who are experiencing isolation or loneliness, ElliQ and Bold strive to provide a sense of connection and companionship so members can age better.”