musculoskeletal health
Last year, digital musculoskeletal care and physical therapy companies raked in plenty of investor dollars. Startups say the expensive MSK health sector is ripe for innovation.
The deal adds to Dario's musculoskeletal care offerings. It launched its Dario Move platform in October.
SWORD raised $163 million in Series D funding, which allowed for a secondary round where it scooped up another $26 million.
Hinge said more than $1 billion has been invested in the company thus far.
The new product comes less than a year after DarioHealth acquired musculoskeletal care company Upright Technologies.
Vigilant Technologies makes a shirt-collar wearable that uses haptic feedback to improve posture and reduce workplace injury.
The new device tracks the user’s posture and vibrates when they slouch.
The digital MSK company is looking to bundle the non-invasive, non-addictive pain reduction device alongside the rest of its employer-focused offerings.
The company currently manages one million lives, and plans to expand its footprint with the new funds.
The round was led by Todd Cozzens and had participation from existing investors Khosla Ventures, Founders Fund, Green Innovations, Vesalius Biocapital and Faber.