About Nymbl Science
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 implements interventions 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, where health plans pay fees that are contingent on the cost savings achieved, ensuring that their claims are backed by measurable results. The company's goal is to create a safer environment for members while delivering significant financial benefits to health plans.
Denver, ColoradoHeadquarters
2014Year Founded
$20.7MTotal Funding
LATE_VCCompany Stage
Consumer Software, HealthcareIndustries
11-50Employees
Risks
Increased competition from digital health startups may threaten Nymbl's market share.
Rapid technological advancements require continuous app updates, straining resources.
Dependence on health insurer partnerships poses risks if strategies change.
Differentiation
Nymbl Science offers a scientifically validated digital balance training program for fall prevention.
The company provides a subscription-based service with proven cost savings for health plans.
Nymbl's app is available in Spanish, expanding access to the Hispanic population.
Upsides
Nymbl closed a $12 million Series B funding round to expand its platform.
Integration with wearable technology could enhance user engagement and outcomes.
Growing demand for personalized healthcare apps boosts Nymbl's tailored balance training programs.
Funding
Total raised$20.72 M
Latest valuation$60.00 M
StageLATE_VC
LATE VC
3/31/2024$2
$60.00 MSERIES B
10/31/2022$12
$60.00 MSERIES A
10/31/2020$4
$20.00 MSEED
2/28/2019$2
$5.00 M