Bold, a Los Angeles, CA-based healthy aging platform, raised $17m in Series A funding.
The round, which brought its total amount raised to $27m, was led by Rethink Impact, with participation from Samsung Next and existing investors Andreessen Horowitz (a16z) Bio + Health, Khosla Ventures, GingerBread Capital, and Primetime Partners. In conjunction with the funding, Jenny Abramson, Founder and Managing Partner of Rethink Impact, is joining Bold’s Board of Directors.
The company intends to use the capital for continued expansion with national and regional Medicare plans and provider groups, and for growth of its clinical exercise offerings to support the diverse physical and mental health needs of older adults.
Led by Amanda Rees, Co-founder and CEO, Bold is a 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. The company partners with innovative Medicare plans and providers to support underserved members, many of whom suffer from chronic conditions, mobility issues, and pain.
FinSMEs
12/09/2023