Startup Trends: Companies moving toward 2025 IPOs
The IPO market for the year continued to show positive signs in Q3, with 37 IPOs raising a total of $8.0 billion, according to research publication Renaissance Capital.
hingehealth.comHealthcare / Digital HealthFounded: 2014Funding to Date: $2.54B
Hinge Health, founded in 2014, is the developer of a digital clinic specializig in joint and muscle care. Their service combines motion technology and wearable motion sensors with a clinical care team inclusive of physical therapists, physicians, and health coaches aiming to reduce surgeries and opioid use.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
10/28/2021 | Series E | $400MM | $xx.xx | $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
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Coatue Management, Tiger Global Management
|
||||||
01/07/2021 | Series D | $321.54MM | $xx.xx | $3.04B | Coatue Management, Tiger Global Management, Atomico, Insight Partners, Quadrille, 11.2 Capital, Lead Edge Capital, Bessemer Venture Partners, Heuristic Capital | |
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
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Coatue Management, Tiger Global Management, Atomico, Insight Partners, Quadrille, 11.2 Capital, Lead Edge Capital, Bessemer Venture Partners, Heuristic Capital
|
||||||
02/04/2020 | Series C-1 | $15.28MM | $xx.xx | $402.28MM | Bessemer Venture Partners, Lead Edge Capital, Insight Partners, Atomico, 11.2 Capital, Quadrille Capital, Heuristic 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
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Bessemer Venture Partners, Lead Edge Capital, Insight Partners, Atomico, 11.2 Capital, Quadrille Capital, Heuristic Capital
|
||||||
02/04/2020 | Series C | $75MM | $xx.xx | $402.28MM | Bessemer Venture Partners, Lead Edge Capital, Insight Partners, Atomico, 11.2 Capital, Quadrille Capital, Heuristic 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
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Bessemer Venture Partners, Lead Edge Capital, Insight Partners, Atomico, 11.2 Capital, Quadrille Capital, Heuristic Capital
|
||||||
07/03/2018 | Series B | $26MM | $xx.xx | $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
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Insight Partners
|
||||||
07/24/2017 | Series A-2 | $7.36MM | $xx.xx | $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
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
11.2 Capital, Atomico, Heuristic Capital Partners
|
||||||
07/24/2017 | Series A-1 | $807,683 | $xx.xx | $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
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
11.2 Capital, Atomico, Heuristic Capital Partners
|
||||||
04/14/2017 | Series Seed-2 | $205,913 | $xx.xx | $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
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
||||||
04/22/2016 | Series Seed-1 | $1.06MM | $xx.xx | $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
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
The IPO market for the year continued to show positive signs in Q3, with 37 IPOs raising a total of $8.0 billion, according to research publication Renaissance Capital.