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Hinge Health

Hinge Health IPO

$6.2B
Series E Valuation, Oct 2021
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Hinge Health IPO date and status

2014
Founded
Mar 2025
S-1 Filed
May 2025
IPO Completed

Company details

Hinge Health was founded in 2014 by Daniel Perez and Gabriel Mecklenburg. According to Business Insider in October 2023, “Hinge Health is preparing for an IPO once market conditions become favorable.”

Hinge Health is a digital healthcare provider that specializes in treating musculoskeletal pain with therapy plans, wearable sensors, and health coaching. Per Forge data, Hinge Health raised $826.1 million in funding over 10 rounds. Their latest funding was raised on Oct 28, 2021, from a Series E round. Key investors include Coatue, Insight Partners, Alkeon Capital, Atomico, Tiger Global Management, Whale Rock Capital Management, 11.2 Capital, and Bessemer Venture Partners.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

Founded
2014
Headquarters
San Francisco, CA, United States
Founders
Daniel Perez, Daniel Perez, Ph.D., Gabriel Mecklenburg
Forge Price 1
Price not available
Market Activity 2
Limited
Last Matched Price
Post-Money Valuation 3
$6.2B
Total Funding
$2.54B
Last Funding Round
Series E

Learn more about Hinge Health

To invest in Hinge Health pre-IPO

Can you invest in Hinge Health pre-IPO?

You may invest in Hinge Health as it is a public company listed on the NYSE with ticker HNGE. But if you are an accredited investor interested in buying pre-IPO shares of a private company, you can learn more about how to invest in the private market or register today to get started.

Can you sell shares of Hinge Health before it goes public?

You can no longer sell shares of Hinge Health on Forge as this company is no longer private. However, if you own shares of a private company, Forge may be able to help you sell them in a way that works for you and the company. Learn more or register with us today to get started.

What is the pre-IPO value of my Hinge Health shares?

Forge can no longer determine the value of Hinge Health shares as this company is no longer private. However, if you own shares of a private company, Forge may help you value and sell them in a way that works for you and the company. Learn more or register with us today to get started.

Is Hinge Health a publicly traded company?

Hinge Health became a public company following its IPO on 05/22/2025 and is now traded on the NYSE under the ticker HNGE.

To learn more about Hinge Health potential IPO

Will Hinge Health go IPO?

Hinge Health became a public company following its IPO on 05/22/2025 and is now traded on the NYSE under the ticker HNGE.

What is Hinge Health’s IPO price?

The IPO price of Hinge Health is not currently available.

When was Hinge Health founded?

Hinge Health was founded in 2014.

What is Hinge Health funding to date?

Hinge Health has raised $2.54B to date.

Hinge Health major investors

Atomico
Bessemer Venture Partners
Coatue Management
Insight Partners
Ip Group
Tiger Global Management

Hinge Health pre-IPO valuation and funding rounds

Funding history chart
Funding round and deals details
Funding Date Round Amount Raised Price per Share Post-Money Valuation 3 Key Investors
10/28/2021 Series E $400MM $77.46 $6.2B Coatue Management, Tiger Global Management
Price per Share
$ xx.xx
Shares Outstanding
5,163,674
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Coatue Management, Tiger Global Management
01/07/2021 Series D $321.54MM $43.72 $3.04B 11.2 Capital, Atomico, Bessemer Venture Partners, Coatue Management, Heuristic Capital, Insight Partners, Lead Edge Capital, Quadrille, Tiger Global Management
Price per Share
$ xx.xx
Shares Outstanding
7,354,666
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
11.2 Capital, Atomico, Bessemer Venture Partners, Coatue Management, Heuristic Capital, Insight Partners, Lead Edge Capital, Quadrille, Tiger Global Management
02/04/2020 Series C-1 $15.28MM $6.77 $402.28MM 11.2 Capital, Atomico, Bessemer Venture Partners, Heuristic Capital, Insight Partners, Lead Edge Capital, Quadrille Capital
Price per Share
$ xx.xx
Shares Outstanding
2,258,620
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
11.2 Capital, Atomico, Bessemer Venture Partners, Heuristic Capital, Insight Partners, Lead Edge Capital, Quadrille Capital
02/04/2020 Series C $75MM $7.31 $402.28MM 11.2 Capital, Atomico, Bessemer Venture Partners, Heuristic Capital, Insight Partners, Lead Edge Capital, Quadrille Capital
Price per Share
$ xx.xx
Shares Outstanding
10,253,027
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
11.2 Capital, Atomico, Bessemer Venture Partners, Heuristic Capital, Insight Partners, Lead Edge Capital, Quadrille Capital
07/03/2018 Series B $26MM $2.26 $87.27MM Insight Partners
Price per Share
$ xx.xx
Shares Outstanding
11,500,586
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Insight Partners
07/24/2017 Series A-2 $7.36MM $1.04 $24.14MM 11.2 Capital, Atomico, Heuristic Capital Partners
Price per Share
$ xx.xx
Shares Outstanding
7,112,809
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
11.2 Capital, Atomico, Heuristic Capital Partners
07/24/2017 Series A-1 $807,683.36 $0.83 $24.14MM 11.2 Capital, Atomico, Heuristic Capital Partners
Price per Share
$ xx.xx
Shares Outstanding
975,463
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
11.2 Capital, Atomico, Heuristic Capital Partners
04/14/2017 Series Seed-2 $205,913.86 $0.42 $4.97MM Undisclosed Investors
Price per Share
$ xx.xx
Shares Outstanding
493,325
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
04/22/2016 Series Seed-1 $1.06MM $0.34 $4.23MM Undisclosed Investors
Price per Share
$ xx.xx
Shares Outstanding
3,078,601
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors

Hinge Health IPO news and media highlights

Hinge Health prices IPO at $32, the top end of expected range

Hinge Health priced its IPO at $32 per share on Wednesday, at the top end of the expected range. The digital physical therapy startup sold 8.52 million shares in the offering, raising about $273 million. The total offering was for 13.7 million shares, with the balance being sold by existing shareholders.

Hinge Health aims to raise up to $437 million in IPO, pricing at $28 to $32 per share

Hinge Health said in a filing on Tuesday that it plans to raise up to $437 million in its upcoming initial public offering.

Hinge Health targets $2.6 billion valuation as IPO markets signal comeback

Digital health startup Hinge Health said on Tuesday it is targeting a valuation of up to $2.6 billion in its initial public offering on the New York Stock...

A16z partner Julie Yoo talks digital health IPOs, CEOs and AI

The future of the public digital health market currently hinges on one company: Hinge Health. What they're watching: "Everyone's waiting with bated breath ...
Browse More Insights

Private companies exploring an IPO

See which private companies are preparing for the public market. Register to get full access to the latest secondary market pricing data.

Sector: Healthcare
Subsector: Digital Health
Trade Metrics Last Funding Round
Company Forge Price Last Matched Round Post-Money Valuation 3 Price Per Share Amount Raised
Generate BiomedicinesGenerate BiomedicinesNot available$ xx.xxSeries C$2.22B$11.85$399.4MM
OriginOriginNot available$ xx.xxNot available------
Affinia TherapeuticsAffinia TherapeuticsNot available$ xx.xxSeries C$156.61MM$1.62$40MM

Private market movers

Track trading activity and investor momentum across thousands of private companies. Register to view last matched prices and additional transactional details.

Actively traded

Company Forge Price Market Activity Last Matched
Anthropic Anthropic $259.14 -$13.84 (5.07%)High $xxx.xx
OpenAI OpenAI $723.12 +$0.12 (0.02%)High $xxx.xx
SpaceX SpaceX $601.27 +$4.10 (0.69%)High $xxx.xx
Anduril Anduril $110.97 +$4.00 (3.74%)High $xxx.xx
Databricks Databricks $197.65 -$0.01 (0.01%)High $xxx.xx

Artificial Intelligence (AI)

Company Forge Price Market Activity Last Matched
Anthropic Anthropic $259.14 -$13.84 (5.07%)High $xxx.xx
OpenAI OpenAI $723.12 +$0.12 (0.02%)High $xxx.xx
Anduril Anduril $110.97 +$4.00 (3.74%)High $xxx.xx
Databricks Databricks $197.65 -$0.01 (0.01%)High $xxx.xx
Figure AI Figure AI $174.00 -$20.00 (10.31%)Limited $xxx.xx

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Updated on: Jan 30, 2026

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