Hinge Health, a fledgling digital health startup that’s building hardware and software to tackle musculoskeletal (MSK) disorders, has raised $8 million in a Series A round of funding led by European VC giant Atomico, with participation from existing seed investors, including Eleven Two Capital and the Vertical Group.
Founded in 2015, Hinge Health said that it’s setting out to use technology to combat lower-back and joint pain, which is reported to cost industry and individuals as much as $100 billion each year in the U.S. alone. Indeed, MSK disorders, such as back and shoulder pain, are one of the top medical expenditures for employers, and Hinge Health promises to drive those costs down by half.
Read More: https://venturebeat.com/2017/07/24/atomic-leads-8-million-investment-in-hinge-health-to-tackle-back-pain-and-other-chronic-injuries/
Silk Road Medical said today it raised $47 million in a new funding round to support its Enroute products designed for transcarotid artery revascularization procedures.
Technology is offering a new fix for one of the most confounding health-care challenges: getting patients with chronic disease to take better care of themselves.