Hinge Health acquires TandemLaunch, Mark Cuban, Nikon backed wrnch

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By CPE News

CPE News (9/17/2021) – Hinge Health has acquired wrnch, a Montreal based developer of the leading computer vision platform for measuring human motion. Financial terms were not disclosed.

wrnch’s three-dimensional motion-tracking technology enables the same precise tracking of full-body movement used by elite athletes and the motion picture industry. Hinge Health now has the largest computer vision team in digital health.

Founded by Dr. Paul A. Kruszewski, wrnch had been backed by TandemLaunch Ventures, Mark Cuban’s Radical Investments LP, Nikon Corporation (TSE: 7731), Aligo Innovation.

San Francisco, California based Hinge Health is pioneering the world’s most patient-centered Digital Musculoskeletal (MSK) Clinic™

Hinge Health is backed by Coatue Management, Tiger Global, Atomico, Insight Partners, Quadrille, 11.2 Capital, Lead Edge Capital, Bessemer Venture Partners, and Heuristic Capital.

In January 2021, Hinge Health completed a US $300 million Series D at US $3 billion valuation.

photo credit: Hinge Health, wrnch

News Release

Hinge Health Acquires the Most Advanced Computer Vision Technology for Tracking Human Motion
Hinge Health acquires wrnch, combining computer vision and motion sensors to deliver the most comprehensive and personalized digital physical therapy

September 17, 2021 07:00 AM Eastern Daylight Time

SAN FRANCISCO–(BUSINESS WIRE)–Hinge Health, the world’s #1 Digital Musculoskeletal Clinic™, has acquired wrnch, developer of the leading computer vision platform for measuring human motion. wrnch’s three-dimensional motion-tracking technology enables the same precise tracking of full-body movement used by elite athletes and the motion picture industry. Hinge Health now has the largest computer vision team in digital health.

This acquisition underlines the commitment of Hinge Health, the market leader in musculoskeletal (MSK) care, to pioneering better ways of delivering care. Movement-tracking technologies, such as computer vision and motion sensors, enable Hinge Health’s clinical care team to deliver the most responsive and personalized whole-body approach to MSK care, improving outcomes and member experience while reducing costs.

Combining motion sensors and computer vision further burnishes Hinge Health’s digital physical therapy solution as the most comprehensive on the market, uniquely enabling the following:

Motion assessments to objectively measure a patient’s functional ability across strength, flexibility, balance, and endurance to inform care plan personalization.
Expanded exercise tracking as computer vision and motion sensors together enable the widest range and measurement of full-body exercises, including yoga and aerobics.
Enhanced clinical care programs that improve rehab of difficult-to-treat areas, such as the head, neck, and hands, by tracking 87 unique points on the body.

Hinge Health continues to pioneer new standards in personalized MSK care by pairing a comprehensive clinical care team with the industry’s most advanced technology portfolio:

Computer vision and motion sensors for exercise therapy and motion assessments.
Hinge Health Enso, a groundbreaking wearable technology for immediate noninvasive and nonaddictive pain relief.
HingeConnect for bridging the gap between in-person and digital MSK care and enabling real-time interventions by integrating health data with 750,000+ providers.

“We built wrnch into the world’s leading artificial intelligence and computer vision R&D lab to understand human motion, shape, and intent,” said Dr. Paul A. Kruszewski, founder and CEO of wrnch. “I’m so excited to combine our artificial intelligence technology with Hinge Health’s Digital MSK Clinic to improve clinical outcomes for millions of members.”

Hinge Health cofounder and CEO Daniel Perez explained, “We won’t stop investing in technology to deliver the most patient-centered digital clinic that improves member experience and outcomes while reducing costs. wrnch allows us to take a giant leap forward in all respects.”

About Hinge Health

Hinge Health is pioneering the world’s most patient-centered Digital Musculoskeletal (MSK) Clinic™. Four in five employers and 90% of health plans with a digital MSK solution have chosen Hinge Health. Hinge Health reduces MSK pain, opioid use, and surgeries by pairing advanced wearable sensors and computer vision technology with a comprehensive clinical care team with doctors of physical therapy, physicians, board-certified health coaches, and more. Hinge Health’s Digital MSK Clinic is connected with 750,000+ in-person providers and enables real-time interventions for proven medical claims reduction. Available to millions of members, Hinge Health is the #1 Digital MSK Clinic for health plans and employers, including Boeing, Salesforce, and US Foods. Learn more at http://www.hingehealth.com.

Contacts
Meghan Doherty