COLUMBUS, Ohio—Nymbl Systems, a provider of cloud-based practice management software for orthotics and prosthetics (O&P), complex rehabilitation technology (CRT) and home medical equipment (HME) providers, announced an investment from growth equity investment firm Frontier Growth. The partnership intends to accelerate Nymbl's growth, support product innovation and enhance health care provider support nationwide.
"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 (software as a service) 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."
The company said Frontier's investment will allow it to scale operations, introduce new artificial intelligence (AI)-powered features—such as the company’s AI notes offering—and provide solutions that align with the evolving needs of health care providers.
"Nymbl Systems is transforming how health care 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."