Looking to sell Hinge Health stock or options?
Hinge Health provides digital healthcare solutions designed to aid in the treatment of musculoskeletal pain. The company equips users with wearable motion sensors and an application platform, while also connecting them with physical therapists, physicians, and health coaches. This approach allows medical professionals to deliver non-surgical and non-opiate treatments for individuals suffering from chronic back or joint pain.
Tiger Global Management, Heuristic Capital Partners, The West Coast Consortium for Technology & Innovation in Pediatrics, Alkeon Capital Management, Insight Partners, The Vertical Group, Michael Liao, Ren Du, Industry Ventures, Breton Capital Ventures, Jon Reynolds, Quadrille Capital, TCV, Hinge Capital, Surf Club Ventures, Atomico, Whale Rock Capital Management, NewView Capital, Coatue Management, IP Group, 11.2 Capital, Bessemer Venture Partners.
Hinge Health is currently a private company. This means that the company is not listed on any public exchange and so there is no public market for its stock. However, there may still be ways to monetize Hinge Health stock. Depending on Hinge Health’s policies, you may be able to: (1) find a private buyer in the secondary market to purchase your stock, (2) borrow against your stock, or (3) exchange Hinge Health stock into the Collective Exchange Fund for a limited partnership interest and then borrow non-recourse against your interest to generate immediate cash. This last alternative can be much quicker and net you more after-tax cash than your other options. An exchange into our fund also reduces your risk by diversifying your holdings out of an over-concentrated position.
Collective Liquidity can provide liquidity to shareholders of Hinge Health stock in two ways. First, Hinge Health employees can exchange shares into the Collective Exchange Fund and then borrow non-recourse to generate immediate cash. This can net you more after-tax cash than a stock sale. It also reduces your risk by diversifying your holdings out of an over-concentrated position. In some cases, Collective may also be able to purchase your Hinge Health stock. Note that all transactions in Hinge Health shares are subject to the company’s policies regarding secondary transactions. Schedule a call with a Collective Liquidity representative to learn more about your private market liquidity alternatives.
Hinge Health stock is not listed on any public exchange and so there is no public market for its shares. Therefore, there is no single, centralized price for Hinge Health stock. Typically, shares of private companies like Hinge Health are set with buyers in one off negotiations. Collective Liquidity, however, uses a proprietary algorithm to determine its bids so we almost always have an immediately actionable price for you.
On Oct 2021, Hinge Health is reported to have closed an equity financing in which the investors valued the company at $6.2B. This valuation is typically calculated by multiplying the per share price of the preferred stock sold in the financing by the number of Hinge Health shares outstanding assuming the conversion of all stock options, warrants, etc.
Tickers are used to identify company’s shares on public markets like the NYSE or Nasdaq. Because Hinge Health is not currently publicly traded, it does not have a ticker symbol.
Hinge Health has not yet conducted an initial public offering (“IPO”) and so remains a private company. Though Hinge Health is a well-known, successful company, there can be no assurance that it will ever go public or be sold. Because of the risk this imposes on Hinge Health shareholders, many investors elect to gain liquidity for at least some of their shares before the IPO. Schedule a call with a Collective Liquidity representative to discuss your private market liquidity alternatives.