SAN FRANCISCO – Digital health startup Hinge Health has raised $8 million in Series A funding to develop wearable sensors and software to remotely deliver physical therapy and behavioral health for chronic musculoskletal disorders. “Over 50% of the U.S. workforce will report a musculoskeletal disorder this year, costing employers around $100 billion,” said Daniel Perez, CEO and co-founder of Hinge Health, in a statement. “Hinge Health has been proven to reduce health care costs to employers by 50% and deliver best-practice care for employees.” With data on more than 1,000 patients, the company has demonstrated a 55% improvement in both chronic lower back pain and knee pain, while avoiding 60% of surgeries. The company will use this latest funding round to expand its existing product offering for lower back and knee pain, and to expand new treatment programs for hip, shoulder and neck pain.
You are here: / / Hinge Health raises $8M for sensor-based MSK treatment