Mar 10, 2025 - Business

Hinge Health files for IPO

Dan Primack

Illustration of a person using an exercise band made from $100 bills. — Illustration: Gabriella Turrisi/Axios

Digital physical therapy startup Hinge Health on Monday filed for an IPO.

Why it matters: IPOs have been hard to come by for digital health, and for VC-backed startups in general.

Zoom in: Hinge reports a $12 million net loss on $390 million in revenue for 2024, compared to a $108 million net loss on $293 million in revenue the year prior.

The San Francisco-based company has raised over $800 million in VC funding, most recently at a $6.2 billion, from firms like Atomico, Insight Partners, Tiger Global, Coatue, Insight Partners, TCV, Industry Ventures, and Bessemer Venture Partners.
It plans to list on the NYSE under ticker symbol HNGE.

Go deeper: Hinge preps IPO

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Hinge Health files for IPO

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