Hinge Health Closes $90M in Series Funding

Hinge Health

Hinge Health, a San Francisco, CA-based digital musculoskeletal care solution, raised $90M in Series C funding.

The round was led by Bessemer Venture Partners, with participation from Lead Edge Capital and existing investors Insight Partners, Atomico, 11.2 Capital, Quadrille Capital and Heuristic Capital. In conjunction with the funding, Steve Kraus of Bessemer Venture Partners will be joining the board.

The company intends to use the funds to expand across the MSK care continuum, accelerate employer and health plan market growth, and advance surgery prediction and member support.

Led by CEO and Co-Founder Daniel Perez, Hinge Health is advancing a patient-centered digital hospital, starting with musculoskeletal health. The company’s back and joint pain care pathways combine wearable sensor-guided exercise therapy with behavioral change through one-on-one health coaching and education. Available to employers and health plan members, the company empowers people to reduce chronic pain, opioid use and surgeries.

FinSMEs

04/02/2020

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