Age Bold

Age Bold

Personalized online workout programs for seniors

About

Bold provides personalized online workout programs specifically designed for older adults to improve balance, build strength, and reduce pain. These programs are based on scientific research and have been shown to decrease the risk of falls by 46%, addressing a major concern for seniors, as one in three adults over 65 experiences a fall each year. Bold primarily targets individuals over 65 who want to enhance their physical health and minimize fall risks. The company collaborates with health insurance providers to offer these exercise programs at no cost to eligible participants, making them widely accessible. Bold's business model relies on these partnerships, allowing them to generate revenue through agreements with health plans, which benefit from reduced healthcare costs associated with fall-related injuries. The goal of Bold is to improve the overall well-being of older adults by providing effective exercise solutions that promote safety and health.

Company Stage

Series A

Employees

11-50

Industries

Healthcare

Total Funding

$26.3M

Headquarters

Los Angeles, California

Founded

2019


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Simplify's Take

What believers are saying

  • Bold raised $17M in Series A funding to expand its Medicare partnerships.
  • The platform covers over 10 million Medicare members, enhancing its market reach.
  • Growing interest in digital health solutions supports Bold's business model.

What critics are saying

  • Increased competition from platforms like SilverSneakers poses a market challenge.
  • Technological adoption barriers may limit engagement among older adults.
  • Dependence on Medicare for revenue is risky if healthcare policies change.

What makes Age Bold unique

  • Bold offers personalized, science-backed exercise programs for older adults.
  • The platform reduces fall risk by 46%, a significant health benefit for seniors.
  • Bold partners with health plans to provide free access to eligible participants.

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Growth & Insights
Headcount

6 month growth

15%

1 year growth

31%

2 year growth

-26%

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