Hinge Health Secures \(300M Series D Funding at \)3B Valuation
Digital MSK Care Leader Achieves Major Milestone
Hinge Health, the San Francisco-based pioneer in digital musculoskeletal (MSK) care solutions, has successfully closed a \(300 million Series D funding round, according to company confirmation. This latest investment values the company at an impressive \)3 billion post-money.
Key Investment Details
- Lead Investors: Coatue and Tiger Global spearheaded the round
- Valuation Growth: Represents a 6x increase from February 2020’s $420 million valuation
- Revenue Growth: Company reported 300% revenue growth in 2020 with projections to nearly triple again in 2021
Leadership and Investor Landscape
Founded in 2015 by Daniel Perez and Gabriel Mecklenburg, Hinge Health maintains strong founder control with Perez and Mecklenburg retaining voting control of the board. The company boasts an impressive roster of existing investors:
- Bessemer Venture Partners (Series C lead)
- Lead Edge Capital
- Insight Partners (Series B lead)
- Atomico (Series A lead)
- 11.2 Capital
- Quadrille Capital
- Heuristic Capital
Transforming MSK Care Through Technology
Originally established in London with current headquarters in San Francisco, Hinge Health delivers its innovative solution to U.S. employers and health plans. Their comprehensive platform addresses chronic MSK conditions (including back and joint pain) through:
- Wearable sensor technology
- Mobile app integration
- Personalized health coaching
- Remote physical therapy programs
- Behavioral health support
The company’s approach combats systemic healthcare challenges by reducing reliance on opioid treatments and unnecessary surgeries, instead focusing on data-driven, technology-enabled care with proven adherence results.
Market Impact and Growth Trajectory
This funding round marks a significant milestone in digital health investment, reflecting:
- Growing demand for virtual MSK solutions
- Confidence in Hinge Health’s scalable model
- The increasing shift toward value-based care in employer health benefits
Article updated December 6, 2021, to reflect Hinge Health’s official confirmation of the $300 million Series D round.
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