Hinge Health, Inc. Class A
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Hinge Health, Inc. operates as a digital musculoskeletal (MSK) clinic that delivers specialized care for chronic joint and muscle pain through a comprehensive virtual platform. Headquartered in San Francisco, California, the company combines wearable motion sensors, tablet-based software, and personalized coaching from physical therapists and health coaches to treat conditions affecting the back, neck, shoulder, knee, and hip. Hinge Health serves over 1,800 enterprise customers including major employers and health plans, reaching more than 15 million members across the United States. The company's platform addresses one of healthcare's most costly categories, as MSK conditions account for approximately $635 billion in annual U.S. healthcare spending. Its digital-first approach aims to reduce unnecessary surgeries, limit opioid use, and lower overall treatment costs while improving patient outcomes. In 2021, Hinge Health achieved unicorn status with a $3 billion valuation following a $400 million Series D funding round. The company has expanded its offerings through strategic acquisitions, including Enso, a preventive MSK care platform, and has introduced specialized programs for pelvic health and chronic pain management. Hinge Health reports clinical outcomes demonstrating significant pain reduction and improved functionality among participants, with peer-reviewed studies supporting its evidence-based methodology. The company continues to scale its operations as employers increasingly adopt digital health solutions to manage rising healthcare expenditures.