Hinge Health to go public as soon as April, source says

Digital physical therapy startup Hinge Health, with a $6.2 billion valuation, is preparing to file for an IPO as early as April, aiming to capitalize on the $70 billion physical therapy market. Founded in 2014 by CEO Daniel Perez and Executive Chairman Gabriel Mecklenburg, Hinge Health offers virtual exercise therapy and an electrical nerve stimulation device to help patients recover from musculoskeletal injuries. With $1 billion raised from investors like Tiger Global and Coatue Management, Hinge Health’s IPO could signal a positive shift for the digital health sector, which has been struggling post-pandemic.

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