Hinge leverages artificial intelligence to automate education and care for joint and muscle health. Hinge has been on a high growth trajectory over the last several years as the demand for orthopedic care increased. In December, Hinge became the first orthopedic services company to join Amazon Health Service’s platform.
Through the partnership, Amazon connects people with Hinge’s benefits available through their employers and encourages enrollment.
Hinge Health was valued at $6.2 billion during a 2021 funding round and reported 33.4% revenue growth last year, according to Reuters. The company reported net losses dropped from $108.1 million in 2023 to $11.9 million in 2024.
The company’s lead book-running managers for the IPO are Morgan Stanley, Barclays and BofA Securities. Hinge plans to list its Class A common Stock on the New York Stock Exchange under the ticker symbol HNGE.
