Hinge Health Valued at $6.2 Billion in Tiger, Coatue-Led Round

  • Digital physical therapy provider raised $400 million
  • Demand for remote health services has grown during pandemic

Photographer: Kaare Iverson/Hing Health

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Hinge Health Inc., a provider of digital physical therapy, has raised $400 million in a financing round that more than doubles its valuation from January, as more patients seek remote health care.

The San Francisco-based company is valued at $6.2 billion with the new funding, according to a statement provided to Bloomberg. That’s up from $3 billion in January.