Archive · 22 May 2025
Hinge Health Raises $437.3 Million in US IPO
Hinge Health, a company using artificial intelligence for healthcare, has successfully raised a large sum of money.
They did this by selling shares to the public for the first time, which is called an IPO.
The company sold shares at $32 each, with the total amount raised being $437.3 million.
This means the company is now listed on the New York Stock Exchange.
Hinge Health focuses on providing at-home care for musculoskeletal issues and chronic pain.
The company was founded in 2014 by Daniel Perez and Gabriel Mecklenburg.
The IPO market is also showing signs of recovery in 2025, and Hinge Health's success reflects this trend.
Hinge Health raised $437.3 million in its U.S. IPO.
The shares were priced at $32 each, at the higher end of the marketed range.
The company will list on the New York Stock Exchange under the symbol 'HNGE'.
Hinge Health was founded in 2014 by Daniel Perez and Gabriel Mecklenburg.
The platform uses AI for at-home musculoskeletal care and chronic pain management.
- Who
- Hinge Health
- What
- Hinge Health raised $437.3 million in its IPO
- When
- Published on May 22, 2025
- Where
- U.S., New York Stock Exchange
- Why
- To raise capital through initial public offering
- Amount Raised
- $437.3 million
- Share Price
- $32
- Shares Sold
- 13.7 million
- Founded
- 2014
- Ticker Symbol
- HNGE
- Exchange
- New York Stock Exchange