Nymbl Systems secures strategic capital investment to accelerate growth, drive continued product innovation, and enhance its ability to support healthcare providers nationwide.
Nymbl Systems, a leading provider of cloud-based practice management software for Orthotics and Prosthetics (O&P), Complex Rehabilitation Technology (CRT), and Home Medical Equipment (HME) providers, today announced a strategic investment from Frontier Growth, a growth equity investment firm that partners with growth stage vertical software companies to support them through their journey to become market leaders. This partnership provides capital and resources to accelerate Nymbl’s growth, drive continued product innovation, and enhance its ability to support healthcare providers nationwide.
HealthTech Insights: Blueprint Medicines to Present at the 43rd Annual J.P. Morgan Healthcare Conference
Nymbl’s innovative cloud-based and comprehensive practice management software platform leverages advanced technology, including artificial intelligence, to streamline key processes like clinical documentation and patient intake as well as inventory purchase ordering and revenue cycle management. By automating these workflows, Nymbl empowers providers to improve efficiency, accelerate revenue cycles, and deliver better patient care. Trusted by hundreds of O&P, CRT, and HME businesses, Nymbl is reshaping how healthcare providers operate in a rapidly evolving market.
“This partnership with Frontier Growth is a major milestone for Nymbl Systems,” said Josh Lau, CEO of Nymbl Systems. “Their deep expertise in scaling vertical SaaS businesses, combined with their ‘people-first culture’ aligns perfectly with our customer-centric approach, making them the ideal partner to help us achieve our growth objectives. We’re excited to partner with Frontier to expand our reach, develop even more innovative solutions for our customers, and strengthen our mission to help providers deliver exceptional care while optimizing their operations.”
HealthTech Insights: Akebia Therapeutics to Present at the 43rd Annual J.P. Morgan Healthcare Conference
With over 25 years of experience in growth equity investing, Frontier Growth partners with domain experts who transform industries through modern vertical SaaS solutions that customers love. Frontier’s investment will enable Nymbl to scale its operations, introduce new AI-powered features similar to the company’s recently launched ‘AI Notes’ offering, and continue providing solutions that align with the evolving needs of healthcare providers.
“Nymbl Systems is transforming how healthcare providers manage critical workflows,” said Dave Pandullo, Partner at Frontier Growth. “We were extremely impressed by Nymbl’s track record of product innovation and exceptional customer trust they’ve earned, as evidenced by their strong market traction with hundreds of providers across the U.S. We’re excited to partner with the Nymbl team to support their vision of driving continued innovation and improving outcomes for the O&P, CRT, and HME markets. We believe there’s a compelling opportunity for Nymbl to continue winning its market, further amplifying value to its customers, and ultimately transform these verticals.”
HealthTech Insights: Rectangle Health Partners with LOYALLT to Offer Custom In-House Dental Membership Plans
In conjunction with the investment, Dave Pandullo will join the Nymbl Board of Directors alongside existing investors Ben Trumbull of Tamarind Hill, Josh Lau and Chad Feinberg of Nymbl, and independent director, Mike Morgan, former CEO of Updox.
“Nymbl’s strong track record, exceptional leadership, and customer-first culture set them apart,” said Ben Trumbull, Managing Partner at Tamarind Hill. “We’re excited about the opportunities ahead and proud to support their success alongside Frontier Growth, a strong partner to help Nymbl navigate this next leg of their journey, driving innovation and delivering exceptional value to their partners.”
To participate in our interviews, please write to our HealthTech Media Room at news@intentamplify.com
Source – businesswire
