Maveron的动态

Hinge is going public! It was fun and rather surprising to see a high quality S-1 drop in this market environment. Hinge raised over $800M in private capital to flip the physical therapy world upside down. I gained an intimate knowledge of the PT market when I was an advisor to a large software company in the space. It became evident to me that most legacy providers were essentially doing physical therapy the way it had been done for decades and didn’t have the razor focus on outcomes required to truly excel. Hinge is using a combination of hardware, software and largely self-guided at-home programs to achieve similar outcomes as traditional physical therapy at radically lower cost. As a result, over 40% of the Fortune 100 are clients and the company is displaying strong growth along with strong cash flow generation. The IPO valuation is unlikely to clear their last private round at >$6 billion but the long term prospects for the company are bright. Read my breakdown here ?? https://lnkd.in/gVwc9mVs