What is Hinge Health?
Hinge Health is a digital health company dedicated to revolutionizing the healthcare system by automating and scaling the delivery of care, particularly for joint and muscle health. Leveraging advanced software, including artificial intelligence, the company aims to enhance member outcomes, improve the patient experience, and reduce costs for its clients. Their platform addresses a wide spectrum of musculoskeletal (MSK) conditions, from acute injuries to chronic pain and post-surgical rehabilitation. Through an AI-powered motion tracking technology and a proprietary wearable device, Hinge Health delivers personalized and largely automated care, supported by an AI-assisted team of licensed physical therapists, physicians, and health coaches. This approach not only improves pain and function but also aims to reduce the necessity for surgical interventions, while promoting health equity by enabling remote engagement with exercise therapy.
How much funding has Hinge Health raised?
Hinge Health has raised a total of $1.5B across 10 funding rounds:
Other Financing Round
$500K
Private Equity
$1.3M
Series A
$8M
Angel/Seed
$1.3M
Series B
$26M
Series C
$90M
Multiple Rounds
$910M
IPO
$437.3M
Other Financing Round (2016): $500K with participation from Daniel Perez
Private Equity (2016): $1.3M, investors not publicly disclosed
Series A (2017): $8M supported by Atomico
Angel/Seed (2017): $1.3M, investors not publicly disclosed
Series B (2018): $26M backed by Insight Venture Partners
Series C (2020): $90M with participation from 11.2 Capital, Bessemer Venture Partners, Lead Edge Capital Management, Atomico, Heuristic Capital, Quadrille Capital, and Insight Partners
Series D (2021): $310M led by TriplePoint Venture Growth BDC and Coatue
Private Equity (2021): $200M supported by Alkeon Capital Management and Whale Rock Capital Management
Series E (2021): $400M featuring Coatue and Tiger Global Management
IPO (2025): $437.3M, investors not publicly disclosed
Key Investors in Hinge Health
11.2 Capital
11.2 Capital is a Venture Capital firm specializing in emerging technologies, with a focus on AI, cybersecurity, and robotics.
Bessemer Venture Partners
Bessemer Venture Partners is a long-standing venture capital firm with a global presence, established in 1911, investing across various stages of company development.
Lead Edge Capital Management
Lead Edge Capital Management is a growth-stage investment firm founded in 2009, focusing on software, internet, and consumer businesses.
What's next for Hinge Health?
The substantial capital raised by Hinge Health, particularly the recent major strategic investment, signals a strong market validation and provides the necessary resources for scaling its operations. This funding is expected to fuel further development of its AI-driven platform, expand its reach to more employers and health plans, and enhance its care delivery capabilities. The company's focus on improving MSK outcomes and reducing healthcare costs positions it to capture a significant share of the rapidly growing digital health market. Future growth will likely involve deepening its technological capabilities, broadening its service offerings, and potentially exploring new therapeutic areas beyond MSK.
See full Hinge Health company page
