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Hinge Health raises $300M at $3B valuation as #1 Digital Clinic for back and joint pain; revenue quadrupled year over year

Jan 07, 2021over 4 years ago

Amount Raised

$300 Million

San Francisco

Description

Hinge Health is announcing a $300M Series D round to expand clinical capabilities as an end-to-end Digital MSK Clinic for all back and joint pain care. The fundraising was heavily oversubscribed and jointly led by Coatue Management and Tiger Global with participation from existing investors Atomico, Insight Partners, Quadrille, 11.2 Capital, Lead Edge Capital, Bessemer Venture Partners, and Heuristic Capital.

Company Information

Company

Hinge Health

Location

San Francisco, California, United States

About

Hinge Health is pioneering the world's most patient-centered Digital Clinic for back and joint pain. Our Digital Clinic is the #1 musculoskeletal (MSK) solution for employers and health plans. Available to over 300+ enterprise customers, Hinge Health empowers people to reduce chronic pain, opioid use, and surgeries. Learn more at http://www.hingehealth.com.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech