Physio App Maker Hinge Health, Backers Seek $437 Million IPO

Hinge Health Inc. and a group of investors are seeking to raise as much as $437 million in the digital physical therapy provider’s US initial public offering.

The company and backers including Tiger Global Management and Insight Partners are marketing shares for $28 to $32 each, according to a US Securities and Exchange Commission filing Tuesday. Hinge Health is offering 8.52 million shares for sale, while existing holders are offering 5.14 million shares.