Hinge Health raises $437.3 million in US IPO

- 5/21/2025

</head><body><p>(Reuters) -Digital health startup Hinge Health said on Wednesday it had raised $437.3 million in its U.S. initial public offering, after pricing shares at the higher end of its marketed range. </p><p>The company sold about 13.7 million shares at $32 per share, compared with its marketed range of $28 to $32 apiece.</p><p>Even at the top of its proposed range, Hinge Health's target is nearly 52% lower than its $6.2 billion valuation from the 2021 Series E round, led by Coatue Management and Tiger Global.</p><p>The company will list on the New York Stock Exchange on Thursday, under the symbol "HNGE".</p><p>Morgan Stanley, Barclays Capital and BofA Securities are the lead underwriters for the offering.</p><p>Founded in 2014 by Daniel Perez and Gabriel Mecklenburg, Hinge Health's platform leverages artificial intelligence to provide at-home musculoskeletal care, chronic pain management, and post-surgical rehabilitation.</p><p>De-escalation in U.S.-China trade tensions has helped in the revival of the IPO market, which saw a period of subdued activity in early 2025. </p><p> (Reporting by Jaiveer Singh Shekhawat, Pritam Biswas and Devika Nair in Bengaluru; Editing by Vijay Kishore)</p></body></html></p> <div id="news-wrapper"> <div class="thumbnail additional-resources client-content-image-box"> <div class="box-image" style="background-image: url(/images/home/news.jpg);"></div> <div class="caption"> <h3>Nationwide News</h3> <div> <p><a href='/mh/news-article-detail.aspx?id=155564'>NJ AG investigating after Fort Lee police shoot woman in ‘mental health crisis’</a></p> <p><a href='/mh/news-article-detail.aspx?id=155555'>How understaffing, mental health failures led to ‘mounting crisis’ in Richland County jail</a></p> <p><a href='/mh/news-archive.aspx'>News Archive</a></p> </div> </div> </div> </div> </div> </div> </div> </section> </div>  <footer class="footer">  <div class="clearfix footerInfo"> <div class="container"> <div class="row"> <div class="col-sm-7 col-xs-12"> <div class="footerText"> <a href="http://www.trilogyir.com/" target="_blank" class="footerLogo"><img src="/images/Noc-Logo-white.png" alt="Footer Logo" style="width: 200px;"></a> <div class="genericContent" id="landingPageText"> <p>The Network of Care for Mental/Behavioral Health is an online information portal for individuals, families and social service agencies concerned with community mental health services, substance use treatment programs and help for people with developmental disabilities.</p> </div> <h3 id="lblTechAssistance" style="color: #fff; 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Hinge Health raises $437.3 million in US IPO