Layoff
Apr 2024Reportedly reduced approximately 10% of its workforce while seeking a sustainable path to profitability ahead of a potential IPO.
SourceCompany research
Public company, workplace, funding, and market signals
Updated Aug 5, 2026
Overview
Hinge Health is a public digital-health company (NYSE: HNGE) building a technology-enabled healthcare system, initially focused on musculoskeletal care. Its platform combines AI, motion tracking, wearable therapy, and licensed clinicians to help members manage joint and muscle pain while reducing avoidable costs and surgeries.
Primary product
Hinge Health Digital Musculoskeletal Clinic: personalized virtual physical therapy and pain care using AI-powered motion tracking (TrueMotion), the FDA-cleared Enso wearable, exercise therapy, education, and care from physical therapists, physicians, and health coaches.
Founded
2014
Headquarters
455 Market Street, Suite 700, San Francisco, California 94105, United States
Team size
1,000–2,000
Work style
Hybrid
Industry
Healthcare technology / software development
Sub-industry
Digital health; virtual physical therapy and musculoskeletal care
Offices
San Francisco, California
Austin, Texas
Chicago, Illinois
Minneapolis, Minnesota
Denver, Colorado
Portland, Oregon
Seattle, Washington
Bangalore, India
Business model
B2B2C recurring subscription sold to self-insured employers
Health-plan and benefits-partner distribution
Employer and health-plan contracts based on eligible lives and utilization
Funding
People & investors
Leadership
Co-Founder and Chief Executive Officer
Co-Founder, Chief Technology Officer and Executive Chairman
Senior Vice President, Clinical Operations
Work & culture
Mission-driven and strongly focused on improving healthcare outcomes at scale. Publicly stated principles emphasize patient/member impact, high standards, innovation, compassion, and an AI-native engineering culture. Employee-review evidence suggests benefits are broad, while workload, hourly-role stability, and progression/pay satisfaction vary by function.
Work style
Hybrid
Visa sponsorship
Yes
Compensation
Job postings show salary plus equity and benefits; a recent posting listed $137,600–$206,400 for a health economist role. Department of Labor-derived H-1B data reports 102 LCAs and a roughly $171,000 median sponsored salary, but sponsorship is role- and location-dependent. Member-facing hourly compensation appears materially lower than technical and management compensation.
Benefits
Medical, dental, and vision coverage
Employer-paid employee health premiums and dependent coverage contribution
Mental-health support
Gender-affirming care
Fertility, adoption, surrogacy, IVF, and family-building support
Travel reimbursement for healthcare access
Flexible or unlimited PTO
Paid parental leave
401(k) with reported 2% company match
Product & market
Pricing
Generally no direct member charge; employers and health plans contract on a recurring, population-based basis, often through benefits partners. Public list pricing was not found.
Differentiators
- —AI-powered motion tracking and automated care plans
- —FDA-cleared Enso wearable for electrical nerve stimulation
- —Hybrid digital-plus-human clinical model with physical therapists, physicians, and health coaches
- —Large longitudinal outcomes and activity dataset
- —Employer/health-plan distribution and claims-cost orientation
- —HingeConnect integration with in-person providers
- —Broad MSK pathway coverage including acute, chronic, and post-surgical care
Technology
Scale & contact
Estimated revenue
Approximately $588M actual FY2025 revenue; approximately $798M–$804M company-guided FY2026 range
Signals & risks
Other
May 2025IPO valuation of approximately $2.6 billion was materially below the $6.2 billion private valuation from the 2021 Series E round, creating a down-round valuation signal despite a strong first trading day.
SourceOther
May 2026Company continues to disclose risks typical of digital healthcare: regulatory/FDA compliance, dependence on health-plan and benefits partners, AI/software performance, and historical GAAP losses.
Latest news
Hinge Health Investor Relations · May 2026
Q1 revenue reached $182.3M, up 47% year over year; clients reached 2,849 and FY2026 revenue guidance was raised to $798M–$804M.
Hinge Health / SEC filing coverage · Mar 2026
FY2025 revenue was $587.9M, up 51%; clients reached 2,830 and members 782,890.
CNBC · May 2025
The company raised approximately $273M of primary proceeds by selling 8.52M shares at $32.
TechCrunch · May 2025
The stock closed its first day at $37.56 after pricing at $32; the IPO raised $437M and implied a valuation far below the 2021 private mark.
Open Positions
80 jobs at Hinge Health
Senior Talent Partner, Engineering
Remote
Business Enablement
San Francisco-HQ
Today
Remote
Full-time