March 9, 2021
Digital musculoskeletal (MSK) care triple-unicorn Hinge Health today announced the upcoming acquisition of Enso, the maker of an eponymous non-invasive electrical nerve stimulation device for pain relief.
Hinge Health did not disclose the terms of the deal or its impact on Enso employees, but a representative told MobiHealthNews that the purchase is set to close "within weeks."
The Enso device is...
March 2, 2021
Online musculoskeletal (MSK) treatment provider SpineZone announced late last week a $12 million Series A funding round. Polaris Partners and Providence Ventures led the round, which also saw support from Martin Ventures.
WHAT IT DOES
SpineZone's MSK services combine guided exercise programs, assessments and coaching, with the option of in-person care. Patients who are referred through primary...
January 29, 2021
Digital physical therapy company SWORD Health has raised $25 million in a Series B funding round, led by Todd Cozzens, a managing partner at Transformation Capital. The round also had participation from existing investors Khosla Ventures, Founders Fund, Green Innovations, Vesalius Biocapital and Faber.
With these funds, in addition to the $9 million it raised last year, SWORD Health has received...
January 8, 2021
Editor's note: This story has been updated with additional information and quotes from Hinge Health.
Hinge Health, a San Francisco company tackling musculoskeletal (MSK) health through digital programs with live virtual sessions, has wrapped up a $300 million Series D round that places its total value at $3 billion, according to a recent announcement.
The "heavily oversubscribed" round was led by...
August 17, 2020
The current moment of health innovation and investment spurred by the COVID-19 crisis seems to be accelerating, if not driving, the consolidation of the digital health space. While Teladoc and Livongo loom as the most striking recent example, Omada’s purchase of Physera in May was also bolstered by the pandemic and its follow-on effects, CEO Sean Duffy told MobiHealthNews in a recent interview....
May 19, 2020
Digital chronic-disease-program company Omada Health is leaping into musculoskeletal care thanks to its acquisition of Physera, an app-based platform that includes remote consultations with physical therapists.
Although the deal was announced today, Omada said it will "immediately" begin offering the MSK program to its employer, health plan and individual customers.
“Integrating a digital...
March 6, 2020
This morning Sparta Science, a musculoskeletal health startup, scored $16 million in Series B funding. GSR Venture US led the round with participation from Arsenal Growth and existing investors.
The Menlo Park, California, company reports that this new infusion of cash will bring its financing to $26 million.
WHAT THEY DO
Sparta Science uses data analytics to help users come up with an...
February 27, 2020
This morning digital physical therapy program Sword Health announced that it scored $9 million in the second phase of its Series A funding round, which brings the round's total to $17 million. Khosla Ventures led with participation from Founders Fund, Green Innovations, Lachy Groom, Vesalius Biocapital and Faber Ventures.
This news comes roughly a year after the startup announced the $8 million...
February 4, 2020
Hinge Health, the maker of digital programs for chronic musculoskeletal (MSK) health, has closed $90 million in a new round led by Bessemer Venture Partners. Lead Edge Capital also took part in the Series C, as did prior backers Insight Partners, Atomico, 11.2 Capital, Quadrille Capital and Heuristic Capital.
Hinge had been courting investors throughout the course of the last quarter, and...
November 14, 2019
Musculoskeletal digital health platform Risalto Health bagged $7 million in new funding from Health Catalyst Capital Management, the startup announced yesterday.
WHAT THEY DO
The New York-based company use artificial intelligence to find muscular and skeletal health providers in the user’s area. Patients navigate these selections through the company’s app, which acts as a digital concierge that...