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About Hinge Health
Industries
Consumer Software
Healthcare
Company Size
1,001-5,000
Company Stage
Private
Total Funding
$1B
Headquarters
San Francisco, California
Founded
2014
Overview
Hinge Health specializes in digital care for joint and muscle health. The company offers a platform that integrates expert clinical support with technology to provide personalized physical therapy. Users can manage pain, recover from injuries, and prepare for surgeries through this platform. The Hinge Health app is central to their service, offering exercises, communication with care teams, and educational resources about health conditions. Users can also set and track their health goals, making it a comprehensive tool for rehabilitation. Hinge Health primarily serves employees and health plan members at no cost, as their services are funded through partnerships with over 1,500 employers and health plans. This model distinguishes Hinge Health from competitors by focusing on accessibility and integration with workplace health benefits, aiming to improve overall joint and muscle health for users.
Simplify's Take
What believers are saying
- Hinge Health's IPO aims to raise $500M, boosting its market presence.
- Partnership with Amazon expands access to musculoskeletal care via Amazon.com.
- AI-driven diagnostics enhance personalized care, aligning with Hinge Health's offerings.
What critics are saying
- Increased competition from startups like Sword Health and Kaia Health.
- Dependency on Amazon may affect Hinge Health's bargaining power and profit margins.
- Volatile IPO market could impact Hinge Health's valuation and success.
What makes Hinge Health unique
- Hinge Health combines wearable sensors and computer vision for personalized digital care.
- The company partners with over 1,500 employers and health plans for cost-free services.
- Hinge Health's Enso device enhances patient engagement and treatment effectiveness.
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Funding
Total Funding
$1025.8M
Above
Industry Average
Funded Over
8 Rounds
Tiger Global
Coatue Management
Bessemer Venture Partners
Insight PartnersBenefits
Competitive compensation with meaningful equity
Medical, Dental, Vision, Disability and Life Insurance (We cover 100% of your premium and 75% for your dependents)
Flexible PTO
FSA/HSA accounts
Family & fertility benefit through Maven Clinic
401(k) match
3 months paid parental leave
Professional Development budget
Quarterly lifestyle benefit to use towards WFH equipment & fitness
Generous mental health stipend
Work from home policy
Opportunity to join a fantastically talented, diverse, and passionate team at a pivotal time in the company's lifecycle
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↓ -1%2 year growth
↑ 1%Several technology and FinTech companies reportedly paused their activities related to initial public offerings (IPOs) amid the stock market fall and investor uncertainty caused by the President Donald Trump administration’s announcement of tariffs. Five companies that were in various stages of their IPO-related plans are temporarily halting or rethinking them, The Wall Street Journal (WSJ) reported Friday (April 4), citing unnamed sources. Buy now, pay later (BNPL) provider Klarna and ticketing marketplace StubHub, which had both planned to start their IPO roadshows next week, have postponed those events, according to the report
Hinge competes with Sword Health, Kaia Health, Omada Health, and Vori Health, with Sword's CEO expecting a possible public listing in 2025 if market conditions are favorable.
IP Group's portfolio company, Hinge Health, has filed for an IPO with the SEC. IP Group holds a 1.8% stake in Hinge Health, valued at £34.2 million as of June 30, 2024. The company plans to list its Class A common stock on the NYSE under the ticker "HNGE." The number of shares and price range are yet to be determined. Morgan Stanley, Barclays, and BofA Securities are leading the offering, with several other firms also involved as book-running managers.
Virtual physical therapists Hinge Health files for IPO, estimated to raise $500M.
Hinge Health Inc., a provider of digital physical therapy, is aiming to file for an initial public offering as soon as next week, according to people familiar with the matter.
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About Hinge Health
Industries
Consumer Software
Healthcare
Company Size
1,001-5,000
Company Stage
Private
Total Funding
$1B
Headquarters
San Francisco, California
Founded
2014
There are no jobs for Hinge Health right now.
Find jobs on Simplify and start your career today