Company Research Report: Age Bold Inc.
Company Overview
- Name: Age Bold Inc.
- Mission: To help older adults live their strongest, happiest, and healthiest lives through science-backed, custom exercise programs.
- Founded: No information is available.
- Founders: No information is available.
- Key People: No specific key individuals are mentioned in the provided data.
- Headquarters: No information is available.
- Number of Employees: No information is available.
- Revenue: No information is available.
- Recognition: Bold is known for creating and providing personalized, digital exercise programs aimed at improving balance, strength, and reducing pain for adults over 65. The programs have shown a significant reduction in falls by 46% and are endorsed for their approach to preventive care.
Products
- Product Offering: Bold offers online fitness programs specifically designed for older adults.
- High-Level Description: These are at-home, digital fitness programs that include live and on-demand classes, clinical assessments, and personalized exercise regimes.
- Key Features:
- Science-backed workouts that improve balance and strength.
- Programs tailored to decrease fall risks by 46%.
- Pain management plans that reduce joint pain by over 50%.
- Exercise modifications that address age, health, and mobility constraints.
Recent Developments
- New Products Launched: No specific information on new products was provided.
- New Features Added:
- Expansion of live and on-demand class offerings for personalized exercise experiences.
- Introduction of modular and engaging programming options to accommodate diverse health needs.
- New Partnerships:
- Intuition Robotics (July 19th, 2022): Partnership to integrate Bold’s balance and fitness programs with the ElliQ community.
- The Terraces of Los Gatos (May 19th, 2022): Collaborated to bring Bold's fitness platform to a senior living community.
- Ochsner Health (September 1st, 2021): Partnership to incorporate Bold’s fall prevention program for Medicare Advantage members.
- Significant Funding
- September 18th, 2023: Raised $17 million in Series A funding to scale up the ‘movement-as-medicine’ program.
- February 4th, 2021: Received $7 million in seed funding to support its mission.
- Other Developments:
- February 27th, 2023: Welcomed new advisors, including former U.S. Surgeon General Regina Benjamin, MD, to further preventive care initiatives.
- Clinical Impact: Demonstration of significant clinical outcomes with a 91% satisfaction rate from members and a reduction in falls among older adults.
Conclusion
This report provides a detailed overview of Age Bold Inc.'s offerings and market positioning as a unique digital fitness platform aimed at elderly wellness. By focusing on existing data, it highlights the company's mission, products, and strategic advancements in the field of digital health for aging populations.