Hinge Health is stepping into the spotlight with plans for its initial public offering (IPO). Based in San Francisco, this innovative company aims to raise $410 million by selling 13.7 million shares at a price range between $28 and $32. If they hit the midpoint, the company will have a market value of about $2.9 billion.
So, what makes Hinge Health stand out? They focus on musculoskeletal (MSK) health, using technology to ease pain and improve mobility. Their platform tackles a wide range of issues, from acute injuries to chronic pain and post-surgery recovery. One of their key tools is TrueMotion, an AI-based motion-tracking technology that helps create tailored treatment plans. They also have an FDA-cleared wearable device called Enso, which tracks progress in real-time.
Founded in 2012, Hinge Health has shown impressive growth, reporting $432 million in revenue in the year ending March 31, 2025. They plan to trade on the New York Stock Exchange under the symbol HNGE.
Experts believe that the demand for digital health solutions—especially those that manage chronic conditions—will continue to rise. A recent survey showed that over 70% of patients prefer digital care options post-pandemic.
As the healthcare landscape shifts, Hinge Health’s blend of technology and personal care could be a game changer for countless individuals managing MSK issues.
For more detailed financial insights about Hinge Health, you can check out Renaissance Capital’s IPO News.