Overview

Modern Age focuses on enhancing the health and longevity of individuals by preventing age-related decline through a personalized and holistic approach to medicine. They provide a comprehensive Aging Wellness Assessment that includes a home or lab blood draw, along with digital tests to assess cognitive function and visible age. After the assessment, clients consult with a board-certified clinician to review their results and receive a tailored plan. This plan is part of a 6-month Optimization Program designed to meet individual needs. The team includes experienced professionals such as a Chief Medical Officer and specialists in cosmetic dermatology. Modern Age differentiates itself from competitors by offering a personalized experience and a serene clinic environment, generating revenue through assessments, consultations, and additional services like skin treatments and hormone panels. The company's goal is to help clients maintain their health and slow down the aging process.

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Simplify's Take

What believers are saying

• Growing demand for at-home health testing kits benefits Modern Age's assessment offerings.
• Rising interest in preventative health aligns with Modern Age's focus on extending healthspan.
• Telemedicine popularity allows Modern Age to expand reach with virtual consultations.

What critics are saying

• Increased competition from brands like Noom and Hims & Hers in personalized aging solutions.
• Potential backlash from medical community on efficacy of personalized aging assessments.
• Economic downturns may reduce consumer spending on non-essential wellness services.

What makes Modern Age unique

• Modern Age offers a comprehensive Aging Wellness Assessment with at-home blood draws.
• The company provides personalized plans reviewed by board-certified clinicians.
• Modern Age's team includes experts in wellness and cosmetic dermatology.

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Funding

Total Funding

$33M

Above

Industry Average

Funded Over

2 Rounds

$27,000,000

Series A

Oct 2021

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.

Series A Funding Comparison

Above Average

Industry standards

Ind Avg. $15M

$3.7M

$5M

$8.2M

$15M

$27M

$30M

View all funding stages