Hinge Health, a San Francisco, CA- and London, UK-based digital health company, raised $8M in Series A funding.
The round was led by Atomico, with participation from existing seed investors. In conjunction with the funding, Carolina Brochado, Partner at Atomico, will be joining the Hinge Health board.
The company intends to use the funds to grow its sales, product and engineering teams in London and San Francisco, and continue to to expand its commercial footprint within the US and expand its existing product offering, covering both chronic lower back and knee pain, to encompass new treatment programs for hip, shoulder, and neck pain.
Led by co-founder and CEO Daniel Perez, Hinge Health is a digital health startup using hardware and software to tackle musculoskeletal (MSK) injuries. By combining wearable sensors and software to remotely deliver physical therapy and behavioral health for chronic MSK conditions, the company has been proven to reduce healthcare costs to employers and deliver best-practice care for employees.
The kits come with two Hinge bands with embedded motion sensors, a tablet computer with pre-installed Hinge Health software, a tablet stand, carrying case, instruction manual, and charging unit.