Hinge Health joined the Unicorn Club on October 28, 2021. Headquartered in San Francisco, California, United States, Hinge Health offers virtual physical therapy and digital pain care solutions by combining expert clinical care with advanced technology. The company has raised a total of $854 million in funding and employs about 1,442 people (as of December 31, 2023).
Keep reading to learn how Hinge Health is revolutionising musculoskeletal health with personalised digital care and high‑tech interventions.
What Is Hinge Health and What Does It Do?
Founded in 2015, Hinge Health provides a cloud-based platform for digital musculoskeletal (MSK) therapy and pain management. Its services include exercise demonstrations, personalised goal setting, and direct communication with a care team. It also offers a women’s pelvic health program that addresses various needs throughout a woman’s life. The company aims to improve mobility, aid injury recovery, and prepare patients for surgery.
How Much Funding Has Hinge Health Raised?
- Series E
- Amount Raised: $400M
- Date: October 28, 2021
- Lead Investor: Tiger Global & Coatue Management
- Valuation: $6.2B
- Purpose: Expand digital MSK clinic offerings, enhance wearable and sensor technology, and scale client partnerships.
- Earlier Rounds (including Series D and before)
- Cumulative Funding: approximately $454M
- Key Investors: Lead Edge Capital, Whale Rock Capital Management, Sound Ventures, among others
- Purpose: Build core platform, clinical data capabilities, and employer/health‑plan partnerships.
Total Funding Raised: $854M
Latest Funding Date: October 28, 2021
Latest Valuation: ~$6.2B (as of Oct 2021)
Employee Count: ~1,442 (as of December 31, 2023)
Key Investors
- Lead Edge Capital
- Details: Growth‑stage investment firm focused on technology and digital health companies.
- Focus Areas: Digital health platforms, SaaS, enterprise and consumer health tech.
- Whale Rock Capital Management
- Details: Private investment firm backing high‑growth tech and health‑care companies.
- Focus Areas: Digital health, health‑tech services, care‑delivery innovation.
- Tiger Global & Coatue Management
- Details: Global investment firms that co‑led Hinge Health’s Series E round, among the largest private health‑tech investments.
- Focus Areas: Technology scale‑ups, digital health infrastructure, SaaS for care delivery.
Where Is Hinge Health’s Headquarters?
Hinge Health is headquartered in San Francisco, California, United States. Its headquarters supports product development, clinical operations, digital‑health innovation, and enterprise client partnerships.
What’s Next for Hinge Health?
Hinge Health plans to further expand its digital clinic platform by adding more personalised care modules, scaling its wearable/sensor integration, deepening collaborations with employers and health plans, and improving access to virtual therapy globally. The company is also likely to focus on outcomes-based care models, reduce surgery and opioid dependency, and streamline delivery through tech-enabled care teams.
Get Investor & Funding Insights with TexAu
TexAu provides verified investor and funding data for companies like Hinge Health. Explore insights on health‑tech, digital care delivery, and enterprise wellness platforms.
Sign up for Free on TexAu to access real‑time investor and funding intelligence.
