Rockies Venture Club Leads Nymbl Seed Financing Round

Nymbl has closed the first round of its Series Seed Financing Round, which exceed the target. The round was led by the Rockies Venture Club (RVC), a Denver-based Angel Club that is the longest tenured in the United States.

This new capital, which is authorized up to $1.4 million, will be used to build the sales and customer experience teams, and bolster the tech team as the company continues to scale to reach its goal of preventing one million falls.

“We are excited to have the capital to accelerate our growth trajectory in both Senior Living and Healthcare, which are really beginning to take off”, commented Ed Likovich, CEO of Nymbl, “RVC has been a great lead for our Seed Round.  They have an excellent process that allowed us to meet literally hundreds of qualified angel investors, and have introduced us to investor syndicates all over the country. We are happy that the bulk of this round came out of Colorado.”

Nymbl Science adds Emma Bunch to Business Development Staff

DENVER, June 15, 2019 — Nymbl is excited to announce the appointment of Emma Bunch to its sales team as a Junior Business Development Representative. Emma will focus on educating operators and providers about Nymbl’s patented dual-tasking approach to falls prevention in senior living communities worldwide, and how implementing Nymbl can significantly decrease the fall risk of members in a community.

Emma joined Nymbl Science’s team this Spring through a 6 week internship where she displayed a passion in preventing the trauma seniors experience when they fall, as well as a great ability to understand the needs of Senior Living Communities. “I am incredibly excited to join the Nymbl Team full time as we continue to revolutionize balance training and fall prevention! My background in physiology and business will be a great addition to an already talented and passionate group of people.” says Emma.

In her position, Emma will be focusing on the Senior Living Communities by:

  • Building relationships with senior living communities whose values align with our efforts in fall reduction.
  • Creating educational information and opportunities for prospects to learn more about dual-tasking and its role in reducing fall risks.

Ed Likovich, CEO of Nymbl Science, commented “We are thrilled that someone as talented as Emma is joining Nymbl. We are confident that her passion for older adults coupled with her terrific skill set will move us closer to our mission of preventing 1 million falls .”

About Nymbl Science

Nymbl combines medical science and mobile technology to measure, track and improve balance. The Nymbl Balance Improvement System trains reflexive balance through dual tasking exercises delivered via patented smartphone technology. Nymbl achieves high engagement by giving older adults a fun experience they can do anywhere, in only 10 minutes a day. The Nymbl intervention is low cost and requires minimal human intervention, making it the ideal population health solution for the problem of falls among older adults.

###

First Light and Nymbl Partner to help prevent 1 million falls

fiWe are proud to announce FirstLight Home Care, known as one of the county’s most innovative home care companies, has joined the Nymbl family in the mission to prevent 1 million falls in Colorado, Northwest Houston, and Chicago.

Through the partnership, Nymbl’s patented Dual-Tasking Balance Improvement program is integrated into the plan of care for FirstLight’s clients, and offered as part of the standard daily visits. The program takes only 10 minutes and adds fun to the visits through the engaging trivia, word games, and other cognitive challenges offered via Nymbl’s training app.

Nymbl launches with PARC Retirement Living

Nymbl is excited to partner with PARC Retirement Living to bring our award winning Falls Prevention program to their Independent Living Communities.  PARC is integrating Nymbl’s system in their 5 communities in Vancouver and Western Canada and Nymbl will be a key service in their new communities as they launch.

parc retirement communities

Nymbl fits well with PARCs goal of creating communities  that are “inspiring living spaces where residents come to live well, stay active and engage with a vibrant community of like-minded people”. Balance is a critical foundation to achieving this goal, and Nymbl will be offered daily to all residents in fun, easy to attend classes as well as in-home via our Nymbl Training App on their smartphones.

Jacqueline Omstead, Director of Operations at PARC, commented about the Nymbl partnership, “We are proud to be the first Canadian senior living group to have Nymbl and it proves our continued commitment to wellness and solves real problems for us”

Nymbl receives patent for dual-task balance evaluation and training!

Nymbl received word in April that we have been approved for a patent  by the US Patent office! This patent covers the use of dual-task balance evaluation and training delivered by a smart device such as a smartphone or tablet.

“We are thrilled that the US Patent office has officially recognized the brilliance of dual-task balance training and the profound impact it is having on Nymbl users worldwide.  We couldn’t be happier that our processes are now protected under patent”, said Ed Likovich, CEO of Nymbl Science.

Nymbl adds Vice President of Sales

George Karakatsanis joins Nymbl Science’s leadership team

Nymbl is excited to announce the appointment of George Karakatsanis to its management team as VP of Sales. George will focus on accelerating Nymbl’s strong momentum delivering its patented dual-tasking falls prevention system in senior living communities worldwide.

George Karakatsanis has joined the Nymbl Science’s team through a shared passion in preventing the trauma seniors experience when they fall. “I have seen firsthand the impact a simple fall can have on not just a resident but on their community and families as well. Nymbl not only has the first truly scalable falls prevention program, older adults love it and are thrilled when their communities adopt it. It is exciting to be a member of this team that is truly making a difference in older adults’ lives.” says George.

In his position, George will help Senior Living Communities:

    • Creatively implement and leverage Nymbl Science in their specific community.
    • Deliver Nymbl Science thought leadership to this pervasive challenge industry wide.
    • Help change the discussion from fall prevention to delivering freedom to our seniors through increased balance and mobility.

Ed Likovich, CEO of Nymbl Science, commented “We are thrilled to have George join our team. His passion for our mission combined with his deep experience in the senior living space moves us a significant step closer to preventing 1 million falls. With George onboard, we now have the bandwidth to expand nationally and internationally.”

Nymbl, SCL Health Ink Innovative Falls Prevention Program

Nymbl Science and SCL Health’s Lutheran Medical Center are thrilled to announce their partnership to bring Nymbl’s innovative digital balance system to the Lutheran community. Lutheran is launching a “Friends Don’t Let Friends Fall” program, open to the general public at no charge, which brings together the most current best-practice guidelines for fall prevention, including the innovative Nymbl balance program. The partnership is focused on the network effect of seniors helping seniors and is a truly scalable population health initiative.

In this partnership, SCL will introduce the Nymbl Balance System to their “Friends Don’t Let Friends Fall” classes as a free benefit aimed at reducing falls in their community. Participants will not only be trained to use the Nymbl Software themselves, they will be encouraged to involve their friends in the program who might be at falls risk.  In this way it is expected that the program reaches a significantly greater percent of the population that is at risk for falling.

The program launches in February.

“I want to applaud SCL Health and Lutheran Medical Center for demonstrating an outstanding commitment to their community by bringing cutting-edge innovation to all older adults. We are excited to partner with a Colorado health system that shares our belief that every older adult deserves the very best care,”
Edward Likovich, COO, Nymbl Science

“Lutheran Medical Center’s partnership with Nymbl Science provides a critical element within our community fall prevention strategy.  Together we will promote a community conversation about falls, what is required to prevent them, and the tools needed to stay healthy, strong and flexible.”
Chuck Ault, Regional Director Community Health Improvement, SCL Health

About Nymbl:  The mission of Nymbl Science is to prevent one million falls amongst older adults. The Nymbl Balance System combines medical science with mobile technology to assess balance and provide fun, effective interventions that have been validated to significantly improve balance rapidly and cost effectively. Nymbl is based in Colorado and was the winner of the Colorado Prime Health Challenge in 2017.

About Lutheran Medical Center:  Lutheran Medical Center is owned by SCL Health System, a faith-based, nonprofit healthcare organization dedicated to improving the health of the people and communities we serve, especially the poor and vulnerable. Innovation is part of the culture at Lutheran Medical Center. The staff is encouraged and supported in thinking differently when it comes to caring for our patients. The commitment to innovation has resulted in implementation of ground-breaking ideas to help transform the future of healthcare. As a community-based acute-care hospital, Lutheran’s premier services include healthcare across the spectrum of life – from birth to senior care. Lutheran has been recognized nationally for clinical excellence, patient safety and patient experience.

Nymbl, Routinify ink Partnership to bring Nymbl to Routinify clients

Nymbl is excited to enter an agreement with Routinify, who’s “Well-Assist” product uses mobile technology to encourages healthy habits in older adults.  Nymbl will provide its Training App on Routinify tablets. These tablets are used by seniors to help build healthy routines for sufficient sleep, a nutritious diet, preventative care, exercise, hygiene, and mental and social engagement.  Nymbl’s Balance Training will now be a routine encouraged by the system.

Nymbl and Routinify are both headquartered at the Catalyst HTI building in Denver. The partnership was literally initiated by bumping into each other in the lunch room.  We expect many similar deals to arise because of the proximity of over 40 health tech companies under one roof.

If you’d like more information about the program, please fill out the form below.