Fundraising Fox

Hinge Health

NYSE: HNGE

San Francisco, US · Founded 2016 · Delaware corporation · Public · 16 known investors

hingehealth.com

Hinge Health builds a digital healthcare platform designed to help individuals manage musculoskeletal health and related conditions. The company serves health plans, employers, and individuals seeking alternative healthcare approaches.

Also known as Hinge Health, Inc.

Digital HealthHealthtechMedical DevicesWellness & Fitness

Founders & leadership

Hinge Health was founded in 2016 by Gabriel Mecklenburg and Daniel Perez.

GMGabriel Mecklenburg
Gabriel MecklenburginCo-founder & CTO
DPDaniel Perez
Daniel PerezCo-founder
DC
Dr. Chloe SondlerPhysical Therapist
DA
Dr. Arpita GopalPhysical Therapist

Investors · 16

Reported raises · per SEC filings

Form D private placements

$862.5M disclosed across 9 rounds · 2016–2021

$400MraisedDec 2023 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Daniel PerezExecutive Officer, Director
  • Alexander AnnisonExecutive Officer
  • Lalith VadlamannatiExecutive Officer
  • Mario QueirozExecutive Officer
  • Ben BlumeDirector
  • Gabriel MecklenburgExecutive Officer, Director
  • David WoodExecutive Officer
  • Elliott RobinsonDirector
  • James BudgeExecutive Officer
  • Teddie WardiDirector
  • Jeffrey KraussExecutive Officer
  • Jim PursleyExecutive Officer
Offering amount
$400M
Amount sold
$400M
First sale
Oct 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$309MraisedDec 2023 · 21 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Lalith VadlamannatiExecutive Officer
  • Gabriel MecklenburgExecutive Officer, Director
  • Mario QueirozExecutive Officer
  • David WoodExecutive Officer
  • Elliott RobinsonDirector
  • Jeffrey KraussExecutive Officer
  • Daniel PerezExecutive Officer, Director
  • Jim PursleyExecutive Officer
  • Teddie WardiDirector
  • Alexander AnnisonExecutive Officer
  • Ben BlumeDirector
  • James BudgeExecutive Officer
Offering amount
$310M
Amount sold
$309M
First sale
Dec 2020
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$9.6MraisedApr 2021 · 65 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Ron WillExecutive Officer
  • Jeffrey KraussExecutive Officer
  • Alexander AnnisonExecutive Officer
  • Teddie WardiDirector
  • Elliott RobinsonDirector
  • Daniel PerezDirector
  • David WoodExecutive Officer
  • Jim PursleyExecutive Officer
  • Ben BlumeDirector
  • Gabriel MecklenburgExecutive Officer, Director
Offering amount
$11M
Amount sold
$9.6M
First sale
Mar 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$91.5MraisedJul 2020 · 13 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Ben BlumeDirector
  • Gabriel MecklenburgExecutive Officer, Director
  • Teddie WardiDirector
  • Daniel PerezExecutive Officer, Director
  • Steve KrausDirector
Offering amount
$91.5M
Amount sold
$91.5M
First sale
Jan 2020
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$26MraisedJul 2020 · 7 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Peter SegallDirector
  • Gabriel MecklenburgExecutive Officer, Director
  • Daniel PerezExecutive Officer, Director
  • Carolina BrochadoDirector
Offering amount
$26M
Amount sold
$26M
First sale
Jul 2018
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$15MraisedJun 2019 · 7 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Teddie WardiDirector
  • Daniel PerezExecutive Officer, Director
  • Gabriel MecklenburgExecutive Officer, Director
  • Ben BlumeDirector
Offering amount
$15M
Amount sold
$15M
First sale
May 2019
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$9.6MraisedJul 2017 · 7 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Carolina BrochadoDirector
  • Gabriel MecklenburgExecutive Officer, Director
  • Daniel PerezExecutive Officer, Director
Offering amount
$9.6M
Amount sold
$9.6M
First sale
Jul 2017
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$500KraisedJun 2017 · 4 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Daniel PerezExecutive Officer, Director
  • Gabriel MecklenburgExecutive Officer, Director
Offering amount
$500K
Amount sold
$500K
First sale
Apr 2017
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Hinge Health is a digital health company offering virtual physical therapy and broader musculoskeletal (MSK) care through a mobile app. Members receive a personalized exercise therapy plan designed by licensed physical therapists that adapts as symptoms change, plus a dedicated care team that can include a physical therapist, certified health coach, orthopedic specialist and an AI care assistant. Physical therapists are described as reachable via text message, phone, or video call. The app uses smart camera and 3D motion-tracking technology (marketed as Motion Insights) to provide real-time form feedback and movement analysis, and includes video and verbal exercise instruction, progress and pain tracking, and educational content.

The programs address chronic MSK pain in areas such as the back, neck, knees, hips, shoulders, hands and arms, and feet and legs, as well as arthritis, herniated discs, pinched nerves, patellofemoral pain syndrome, pelvic floor conditions, and preventive uses such as fall prevention and balance. Sessions are designed to be completed in 15 minutes or less. Beyond software, the company sells Enso, an FDA-cleared wearable device that uses patented waveforms to deliver drug-free electrical pain relief and is described as exclusive to Hinge Health. Hinge Health also offers virtual pelvic floor therapy with a care team specializing in MSK and pelvic health.

As of a July 2024 third-party research report, the company was headquartered in San Francisco with roughly 1,626 employees; a 2022 figure cited in the same report described over 600 employees working remotely and from offices in San Francisco, Portland, Chicago, and Minneapolis.

Founding story

According to a third-party research report, Hinge Health was founded by Daniel Perez (CEO) and Gabriel Mecklenburg (Executive Chairman). Perez had a biomedical engineering background and Mecklenburg had product management and operations experience. Both had personal musculoskeletal injuries — Perez suffered multiple bone fractures in a bike accident and Mecklenburg tore his ACL in a judo match — and encountered a disjointed care system with over-reliance on surgery and opioids during recovery, which prompted them to build a service aimed at reducing chronic pain, unnecessary surgeries and opioid use. They assembled a team with backgrounds in physical therapy, behavioral science and clinical psychology to develop the product.

Business model

Hinge Health sells its MSK care programs to employers and health plans, which offer the service as a benefit to their populations; members are described as accessing the program at $0 cost to them. The company markets value-added contracting through national health plans and pharmacy benefit managers and positions the offering as lowering employer healthcare costs. It also supplies the Enso wearable device as part of its care model.

Revenue is generated from employer and health-plan customers that contract for the program on behalf of their members, with the company citing value-based pricing; individual members are described as paying $0.

Traction

Publicly cited traction includes availability to over 2,800 companies and health plans, an average 68% reduction in pain within the first 12 weeks of the program, a claimed 58% reduction in anxiety and depression among users, and an independently validated 3.0x hard dollar ROI. Third-party data lists 1,626 employees and $826.1 million in total funding as of July 2024.

Latest developments

The company's homepage announces that Hinge Health is welcoming Cylinder Health. A third-party research report updated in July 2024 states that Hinge Health has become a public company and that coverage of it as a private company has ceased.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

A third-party research report characterizes Hinge Health as a digital health company in the virtual physical therapy segment, addressing MSK disorders that it cites as the leading cause of chronic pain and disability affecting over 1.7 billion people worldwide as of July 2022, within a global digital health market valued at $217 billion in 2022 and projected to reach $1.6 trillion by 2032 at a 25.3% CAGR.

Stated points of differentiation include the combination of app-based exercise therapy with a dedicated multidisciplinary care team, smart camera/3D motion tracking for real-time form feedback, the proprietary FDA-cleared Enso wearable described as exclusive to Hinge Health, contracting availability across all five national health plans and all three PBMs, partner-led implementation, and independently validated ROI.

Technology

Core technology includes an app-delivered exercise therapy platform, smart camera and 3D full-body motion tracking that provides real-time form feedback and precision movement analysis, AI that tracks patient movements during exercises and offers feedback, an AI care assistant within the care team, remote monitoring and progress tracking, and Enso, an FDA-cleared wearable that delivers electrical pain-relief signals using patented waveforms.

Go-to-market

The company markets to businesses through demo requests and to individuals through eligibility checks tied to their employer or health plan. Its site states the program is available to over 2,800 companies and health plans, that contracting is available through 5 of 5 national health plans and 3 of 3 PBMs, and that about 90% of implementation is completed through partners covering eligibility, billing, reporting and care coordination. It also runs a consumer-facing Learning Center with educational articles.

Employers, health plans and PBMs purchasing MSK benefits, and the individuals covered by them who have joint, muscle, back, neck, pelvic floor or arthritis-related pain, including people seeking preventive care such as fall prevention.

Geography

Headquartered in San Francisco, California, with offices cited in Portland, Chicago and Minneapolis as of 2022 plus remote staff. Support materials reference a US phone line and a separate contact path for members outside the US.

History

A third-party report lists an October 2014 founding date, while internal records list 2016; the discrepancy is unresolved. In August 2018 the company announced a $26 million Series B led by Insight Venture Partners with Atomico participating, bringing total funding to over $36 million at that time. Lalith Vadlamannati joined as CTO in 2021 after 13 years at Amazon. By 2022 the company reported over 600 employees across remote work and offices in San Francisco, Portland, Chicago and Minneapolis, growing to about 1,626 employees by mid-2024. A July 2024-updated research report states the company has since gone public. The company's website currently announces that it is welcoming Cylinder Health.

Risks & controversies

The sources contain no reported controversies. Notable data limitations include conflicting founding dates (2014 per third-party research vs. 2016 internally) and outcome and ROI figures that are largely self-reported by the company.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Average pain reduction within first 12 weeksJun 202468%
Companies and health plans offering Hinge HealthAug 20262,800 organizations
EmployeesJul 20241,626 people
Funding stageJul 2024Series E
HeadcountAug 20261,714
Implementation completed through partnersJan 202690%
Reduction in anxiety and depression among usersJul 202458%
Total funding raisedJul 2024$826.1M
Validated hard dollar ROIJan 20263 x

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Founder mafia

4 people who came through Hinge Health went on to found or lead other companies.

Competitors · 2

by search overlap

Companies competing with Hinge Health for the same Google search keywords, organic and paid, via search-intersection analysis.

Acquisitions · 1

Early investors' stakes continue via these deals
wrnch

AI software platform to digitize and analyze human motion from standard video in real time; acquired by Hinge Health.

Timeline · 4

launches, deals, and filings
Jan 2026
Hinge Health welcomes Cylinder Health

Hinge Health's website announces that it is welcoming Cylinder Health, indicating a combination of the two companies. The announcement does not state deal terms.

source ↗

Jan 2024
Hinge Health becomes a publicly traded company

Contrary Research notes that Hinge Health has gone public and that it will therefore no longer update its private-company coverage; the report lists the company's status as public.

source ↗

Jan 2021
Lalith Vadlamannati joins as CTO

Lalith Vadlamannati joined Hinge Health as CTO in 2021 after 13 years at Amazon, where he was a VP of engineering.

source ↗

Aug 2018
$26 million Series B led by Insight Venture Partners

Hinge Health announced a $26 million Series B round led by Insight Venture Partners with participation from Atomico, bringing total raised to over $36 million at the time.

$26M source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
Hinge HealthDelaware

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Hinge Health do?
Hinge Health provides app-based virtual physical therapy and musculoskeletal care sold to employers and health plans.
Who founded Hinge Health?
Hinge Health was founded by Gabriel Mecklenburg, Daniel Perez in 2016.
Who are Hinge Health's investors?
Hinge Health's investors include 11.2 Capital, Alkeon Innovation, Bessemer Venture Partners, Cannage Capital, Coatue Management, Duke Capital Partners, Foresite Capital, Galdana Ventures and 8 more.
How much funding has Hinge Health raised?
Hinge Health has disclosed $862.5M raised across 9 rounds.
Is Hinge Health publicly traded?
Yes — Hinge Health trades on NYSE under the ticker HNGE.
Where is Hinge Health headquartered?
Hinge Health is headquartered in San Francisco, US.