Virtual physical therapists depend on the health files for public subscription, estimated to raise $ 500 million

Hinge Health, a 10 -year -old company that provides a digital solution to treat muscle and chronic bones (MSK), I came to the public.

Although Hinge has not yet announced the number of shares, and no pricing, public subscription specialists in Renaissance Capital are estimated that the company hopes to raise the level 500 million dollars In its offers.

Hinge’s revenues in 2024 amounted to $ 390 million, an increase of 33 % over the previous year, while net losses narrowed to $ 11.9 million from 108 million dollars in 2023, according to the public subscription bulletin.

The company’s technology aims to reduce MSK pain through the use of advanced sensors that can be worn and the computer vision technology that is monitored by a distance by the clinical care team of physical therapists, doctors and health trainers accredited by the Board of Directors.

The joint was another At a value of 6.2 billion dollars In October 2021 when I collected the E -400 series of Tiger Global and Coature Management. The company raised a total of $ 828 million in investment capital, according to Pitchbook data.

The largest external shareholders in the company are Insight partners, which owns 19 % of all shares, and atomico, which has 15 % of all shares. Other investment capital companies that have about 8 % of Hinge 11.2 shares include capital, Coature, Tiger Global, and Bessamer Venture Partners, according to the file. Participated founders Daniel Perez and Gabriel McCl “McCl” 18.9 % and 8.2 %.

The main Hinge competitor is Sword Health, which amounted to $ 3 billion last year. Virgílio Bento, CEO of Sword and Founder, Teccrunch said Last year, if the company is growing as expected and the macroeconomic environment is favorable, it may also launch a general list in 2025.

Among the other competitors in Hinge Health Kaia Health Software, Omada Health and Vori Health.