I believe that the digitation of orthopedics is real, and coming fast. Hinge Health is another data point to support the the digital future. Get on board or get passed up. --Tiger
Website - HingeHealth.com - the world's first digital clinic for back and joint pain. Hinge Health scores $300M series D to expand digital musculoskeletal health solution (FierceHealthCare)
With its latest $300 million funding round, Hinge Health is now one of the most valuable startups in digital health. The company, which launched in late 2014, offers a digital platform that uses wearable sensors and one-on-one health coaching to deliver in-home musculoskeletal therapy. Hinge Health's "heavily oversubscribed" series D round was 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. The company has raised $426 million to date, according to Crunchbase. The deal values Hinge Health at $3 billion, according to the company. The startup is eyeing a potential initial public offering in 2022. "It’s one of the options on the table," Gabe Mecklenburg,...
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