As we age, mobility, energy, and adaptability naturally decline, posing vital dangers to our total well-being. These dangers embrace falls, weight achieve, cardiac points, cognitive decline, and extra. Actually, greater than 1 in 4 older adults falls annually leading to $50 billion in medical prices and three million ER visits yearly. Additional, Medicare’s spending on fall-related care surpasses that on most cancers care yearly.

At Samsung Subsequent, we acknowledge the ability of wellness as a scientific pathway to improved well being outcomes, and consider in integrating health as a part of a complete healthcare strategy. Health options are sometimes thought-about to be purely wellness choices. Nonetheless, health will also be used as a therapeutic modality and must also be seen as a healthcare answer bettering scientific outcomes. 

Bold, a revolutionary preventative care firm, is on a mission to rework growing older into a possibility for well being and vitality. By harnessing the ability of health as a therapeutic device, Daring has embraced “motion as medication” and crafted a digital-first platform tailor-made for wholesome growing older. The driving power behind Daring’s creation is Amanda Rees, a passionate entrepreneur who was impressed by her private journey of caring for her grandmother for seven years. 

Daring’s answer facilities round an online software designed solely for eligible Medicare members. This cutting-edge platform seamlessly blends self-reported knowledge from members with clinically related data from healthcare suppliers, leading to personalised train applications geared towards particular well being outcomes. Daring’s concentrate on fall prevention has led to astounding outcomes, decreasing falls by a outstanding 46% and rising members’ weekly bodily exercise ranges by 182%. Members obtain entry to a sequence of weekly, on-demand train courses led by professional trainers. These courses have undergone rigorous scientific validation, demonstrating their effectiveness in addressing age-related dangers and circumstances. 

We’re excited to hitch Daring’s $17M Collection A led by Rethink Affect, and together with Andreessen Horowitz, Khosla Ventures, GingerBread Capital, and Primetime Companions. This spherical will gasoline the Daring staff to proceed their ongoing development with nationwide and regional Medicare plans and supplier teams, whereas additionally expediting the development of Daring’s scientific train applications. Daring’s technique completely matches our healthtech funding thesis, providing a scientific go-to-market technique and catering to the identical growing older inhabitants that Samsung goals to help. We’re excited to see how Daring’s  roadmap extends past fall prevention to additional create a more healthy future for seniors.

Jonathan Machado is an investor at Samsung Subsequent. Fellow investor Caroline O’Connor supported this funding. Samsung Subsequent’s funding technique is proscribed to its personal views and doesn’t replicate the imaginative and prescient or technique of another Samsung enterprise unit, together with, however not restricted to, Samsung Electronics.