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Sword Health banks financing round of $130 million to boost valuation to $3B

Jun 04, 2024about 1 year ago

Amount Raised

$130 Million

New York

Description

Sword Health, a virtual provider of musculoskeletal care, banked a financing round of $130 million in a mix of primary and secondary sale, boosting its valuation to a reported $3 billion. The company has also announced its latest tech update, Phoenix, which combines AI and human clinicians to guide and react to members during their sessions through natural conversation.

Company Information

Company

Sword Health

Location

New York, New York, United States

About

SWORD Health (SWORD) is a tech-enabled provider of musculoskeletal care. SWORD pairs licensed physical therapists with innovative technology to help people overcome their pain faster and more cost-effectively. SWORD is on a mission to free two billion people from pain by making it simple for people to prevent and recover from musculoskeletal issues at home, without resorting to surgeries or opioids.

Funding Insights

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

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