Economy - Finance > Investment
Sources: Hinge Health has raised $310M Series D at a $3B valuation
1 month ago | By Tech Crunch
Hinge Health , the San Francisco-based company that offers a digital solution to treat chronic musculoskeletal conditions - such as back and joint pain - has closed a $310 million in Series D funding, according to sources.
The round is led by Coatue and Tiger Global, and values 2015-founded Hinge at $3 billion post-money, people familiar with the investment tell me. It comes off the back of a 300% increase in revenue in 2020, with investors told to expect revenue to nearly triple again in 2021 based on the company's booked pipeline.
I also understand that Hinge's founders - Daniel Perez...
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