Hinge Health raised $400M in a Series E led by Tiger Global and Coatue Management to accelerate its path to profitability and realign its organization.
Hinge Health raised $400M in a Series E led by Tiger Global and Coatue Management to accelerate its path to profitability and realign its organization.
04/12/24, 3:26 AM
Location
san franciscoMoney raised
$400 million
Round Type
series e
Investors
Coatue Management, Tiger Global
Hinge Health, a digital solution provider for chronic musculoskeletal conditions, laid off approximately 10% of its workforce while preparing for an IPO and aiming to reach profitability. The company was last valued at $6.2 billion in October 2021 and has raised a total of $828 million.
Company Info
Location
san francisco, california, united states
Additional Info
Hinge Health is creating a new health care system, built around you. Accessible to 25 million members across 1,250 customers, Hinge Health is the #1 digital clinic for joint and muscle pain, delivering superior member outcomes and proven claims reductions. We pair the industry’s most advanced motion technology and wearable pain relief with a complete clinical care team of physical therapists, physicians, and board-certified health coaches to help people move beyond pain and reduce surgeries and opioid use. Hinge Health’s HingeConnect integrates with 1 million+ in-person providers to enable earlier interventions for avoidable MSK surgeries. Four in five health plans and employers with a digital MSK solution trust Hinge Health, including AutoZone, Land O’Lakes, L.L. Bean, Salesforce, Self-Insured Schools of California, Southern Company, State of New Jersey, US Foods, and Verizon. Learn more at http://www.hingehealth.com.