HealthTech startup Hinge Health gets $8m Series A led by Atomico

back pain

HealthTech startup Hinge Health has closed a $8m Series A led by Atomico.

According to TechCrunch, existing investors Eleven Two Capital, The Vertical Group, and SwiftKey’s Jon Reynolds also participated in the round.

The company, founded in London and now headquartered in San Francisco, is using technology to help consumers suffering from musculoskeletal conditions.

Hinge Health is seeking to deliver physical therapy and behavioural health for chronic conditions through the use of wearable sensors, an app, health coaching and peer support.

CEO and co-founder Daniel Perez told TechCrunch that the business was seeing 80% adherence throughout the duration of the 12 week program.

Additionally Perez said the firm had already treated more than 1,000 patients. Overall, the company claims to have improved chronic lower back pain and knee pain by 55%.

Carolina Brochado, a partner at Atomico, will be joining Hinge Health’s board as a result of the firm’s investment.

For all the latest UK tech funding announcement data, check out the Tech City News Investment Tracker.