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Industries
Consumer Software
Healthcare
Company Size
11-50
Company Stage
Late Stage VC
Total Funding
$21.3M
Headquarters
Denver, Colorado
Founded
2014
Nymbl Science provides digital mobility solutions designed to prevent falls and reduce related medical costs in the healthcare sector. Their platform assesses the risk levels of individuals who may be prone to falls and intervenes before any incidents occur. This proactive strategy not only helps in lowering medical expenses but also enhances STAR ratings and improves member retention for health plans. Nymbl Science operates on a subscription-based model, charging health plans a fee that is contingent on their ability to deliver promised cost savings of $3 per member per month (PMPM) and a 3:1 return on investment. This approach differentiates Nymbl Science from competitors by tying their revenue directly to the effectiveness of their services, ensuring that health plans see tangible benefits in both cost savings and health outcomes.
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Total Funding
$21.3M
Below
Industry Average
Funded Over
4 Rounds
Another great Colorado Company has been added to the Denver Angels portfolio!
Denver startup Nymbl announced in late October that it had closed $1.55 million in a new round of funding, led by Rockies Venture Club. The company’s smartphone solution delivers personalized balance training to help reduce fall risks among seniors who live in care facilities or at home. Through the Nymbl Training app, users follow mental…
To expand access to care for the greater Denver population, DRCOG and Nymbl are excited to announce that the Nymbl app is now available in Spanish to meet the needs of the region's massive Hispanic population.
On the heels of the announcement of its successful close to a Series B funding round, Nymbl Science was selected as a 2022 UCSF Health Hub Digital Health Rising Star in the Consumer Wellness category.
DENVER--(BUSINESS WIRE)--As the nation's leader in scalable, digital fall prevention for older adults, Nymbl Science is pleased to announce the closing of a $12 million Series B funding round. Cobalt Ventures led the round, alongside co-lead Outcomes Collective Growth Capital, and with additional participation from 450 Ventures. The proceeds will enable the expansion and support of Nymbl’s rapidly growing balance improvement system, which now has close to one million covered lives among older adult populations through Medicare Advantage and single-payer insurance systems worldwide. “We are thrilled by the support of successful investors who see Nymbl as a breakthrough solution in the older adult digital health space. This investment will help us accelerate our growth as we continue to deliver population-level fall prevention solutions through leading health insurers, both in the U.S. and worldwide,” said Ed Likovich, chief executive officer of Nymbl. “The Cobalt investment gives us the ability to recruit top-notch talent and add two new product lines to our balance improvement platform that has already demonstrated a 35 percent reduction in injurious falls. We are also excited to have David Eichler, Managing Partner of Cobalt Ventures, along with Rohit Seth, Managing Partner of Outcomes Collective Growth Capital, join Nymbl’s Board of Directors. Their financial and strategic industry knowledge will be valuable as we continue to grow and expand our impact.”
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Industries
Consumer Software
Healthcare
Company Size
11-50
Company Stage
Late Stage VC
Total Funding
$21.3M
Headquarters
Denver, Colorado
Founded
2014
Find jobs on Simplify and start your career today