Digital therapy firm Hinge Health plans for IPO filing next week - Bloomberg

Investing.com -- Hinge Health Inc., a San Francisco-based digital physical therapy provider, is reportedly planning to file for an initial public offering (IPO) as early as next week. The company could potentially go public as soon as April, according Bloomberg, citing insiders who requested anonymity due to the information not being public yet.

The company’s revenue for last year stood at $390 million, showing an increase of about one third from 2023. In 2024, Hinge Health reported a free cash flow of $45 million.

Previously, in 2021, the company raised $400 million in a funding round that valued it at $6.2 billion. This round was led by Tiger Global Management and Coatue Management. Other investors in Hinge Health include Atomico, Bessemer Venture Partners, and Insight Partners.

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