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Age Bold

Age Bold

Personalized online workout programs for seniors

About

Bold provides personalized online workout programs specifically designed for older adults to enhance balance, build strength, and alleviate pain. These programs are based on scientific research and have been shown to reduce the risk of falls by 46%, addressing a major health concern for seniors, as one in three adults over 65 experiences a fall each year. Bold primarily targets individuals aged 65 and older, offering its services at no cost through partnerships with health insurance providers. This approach not only makes the programs accessible to a wider audience but also helps insurers lower healthcare costs associated with fall-related injuries. Bold's goal is to improve the physical health and well-being of older adults, making a significant impact in the senior health market.

Company Stage

Series A

Employees

11-50

Industries

Healthcare

Total Funding

$28.9M

Headquarters

N/A

Founded

2019


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Simplify's Take

What believers are saying

  • The recent $17 million Series A funding round, led by Rethink Impact, positions Bold for significant growth and expansion.
  • Partnerships with major Medicare plans and providers give Bold access to over 10 million members, enhancing their market reach.
  • Innovative collaborations, such as with Intuition Robotics, highlight Bold's commitment to addressing both physical and mental health needs of older adults.

What critics are saying

  • The niche focus on older adults may limit market size and growth potential compared to more general fitness platforms.
  • Reliance on partnerships with health insurance providers could pose risks if these partnerships are disrupted or fail to deliver expected outcomes.

What makes Age Bold unique

  • Bold specifically targets older adults with personalized, science-backed exercise programs, unlike many general fitness platforms.
  • Their partnerships with health insurance providers allow them to offer services at no cost to eligible participants, making them highly accessible.
  • Bold's focus on fall prevention, with a proven 46% reduction in falls, sets them apart in the senior health market.

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Growth & Insights
Headcount

6 month growth

6%

1 year growth

17%

2 year growth

-27%

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