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Hinge Health, Digital Physical Terapist Closed the First Trade Day at the New York Exchange on Thursday 37.56, about 17% of the previous day with $ 32.
This is the first daily result. But Pop is significantly less than the latest private market with Hinge’s social assessment. The 11-year-old company was approximate market capitalization, except for employee options, which is less than half $ 6.2 billion hinges Tiger Global management is obtained in October 2021, in October, the E-Seri financing round.
Until recently, companies went to large lengths to prevent low-level iPo. However, the stigma associated with the public below the last personal assessment was significantly reduced in the absence of evaluation in 2020-2021.
Companies, which are lower than the latest personal assessments of IPOS, include reddit that debut last year last year $ 5.4 billion, about half $ 10 billion in estimation since 2021.
Another example is the servicetan that evaluates IPO About $ 6.3 billionIt is under $7.6 billion evaluation One and a half of the clock in two years ago.
Hinge health is the IPO, 437 million dollars, about $ 237 million, directly on the company and the rest of the existing investors. The company’s largest extraneous shareholders, which make up 19% of all shares, and Atomico are the partners of all stocks with 15% of all shares. Another enterprise owned by about 8% of the shares of the hinge includes capital companies 11.2 capital, tiger global and bessemer ventue partners Giving the company’s latest S1. Useful for Daniel Perez and Gabriel Mecklenburg are 8.9% and 8.2%, respectively to 8.2%.
The company aims to reduce musalosheletal pain with the help of remote sensors and computer image technology from musalosheletal pain, physical therapists, physical therapists, doctors and board-certified health coaches.
Omada Health, another digital health company, applied to go to the public This month ago. 13-year-old starting doctors offer virtual care among visits to chronic conditions such as diabetes and hypertension, and competes with Hinge health in the space reduction in the musalosheletal pain. The largest shareholders of the Omada include US venture partners and Andreessen Horowitz, only the above in 2022 $ 1 billion.
Hinge’s health is a sword health that is worth $ 3 billion about $ 3 billion. At that time, CEO of Sword Health told Bento, Virgilio Bento, TechCrunch, could also follow an IPO If 2025 grows as expected And the macroeconomic environment is affordable.
