Omada Health prices IPO at $19 per share, in middle of expected range

Omada Health prices IPO at  per share, in middle of expected range

Omada Health virtual health program. Courtesy: Omada Health Omada Health priced its IPO at $19 per share on Thursday, in the middle of the expected range. The virtual chronic care company said in a press release that 7.9 million shares are being sold in the offering, amounting to $150 million. Omada, founded in 2012, will … Read more

Hinge Health aims to raise up to $437 million in IPO, pricing at $28 to $32 per share

Hinge Health aims to raise up to 7 million in IPO, pricing at  to  per share

Hinge Health co-founders Gabriel Mecklenburg (left) and Daniel Perez (right). Courtesy of Hinge Health Hinge Health said in a filing on Tuesday that it plans to raise up to $437 million in its upcoming initial public offering. The digital physical therapy startup filed its initial prospectus in March, and it updated the document with an expected … Read more

From ‘Cockroach Award’ to the Big Board: Hinge Health’s unlikely path to IPO

Hinge Health aims to raise up to 7 million in IPO, pricing at  to  per share

Hinge Health co-founders Gabriel Mecklenburg (left) and Daniel Perez (right). Courtesy of Hinge Health At digital physical therapy startup Hinge Health, CEO Daniel Perez used to recognize hard-working employees with the “Cockroach Award,” a distinction that brought with it a “cockroach squad” t-shirt and a cash payout. References to the insect were abundant at the … Read more

23andMe bankruptcy under congressional investigation for customer data

23andMe bankruptcy under congressional investigation for customer data

Signage at 23andMe headquarters in Sunnyvale, California, U.S., on Wednesday, Jan. 27, 2021. David Paul Morris | Bloomberg | Getty Images The House Committee on Energy and Commerce is investigating 23andMe‘s decision to file for Chapter 11 bankruptcy protection and has expressed concern that its sensitive genetic data is “at risk of being compromised,” CNBC has … Read more

23andMe co-founder lashes out at CEO Wojcicki after bankruptcy filing, says board lacked oversight

23andMe co-founder lashes out at CEO Wojcicki after bankruptcy filing, says board lacked oversight

A view of 23andMe headquarters in Sunnyvale, California, United States on March 25, 2025.  Tayfun Coskun | Anadolu | Getty Images 23andMe co-founder Linda Avey took to social media on Wednesday to express frustration about the fate of the once-thriving genetics testing company that spiraled into Chapter 11 bankruptcy protection this week. Avey helped launch … Read more

With 23andMe entering bankruptcy, here’s how to delete your genetic data

With 23andMe entering bankruptcy, here’s how to delete your genetic data

Signage at 23andMe headquarters in Sunnyvale, California, U.S., on Wednesday, Jan. 27, 2021. David Paul Morris | Bloomberg | Getty Images 23andMe has officially filed for Chapter 11 bankruptcy protection, which means its assets — including its vast genetic database — will soon be up for sale. The company continues to sell its at-home DNA … Read more

Digital physical therapy startup Hinge Health files for IPO

Digital physical therapy startup Hinge Health files for IPO

Hinge Health’s Enso product. Courtesy: Hinge Health Hinge Health, a provider of digital physical therapy services, filed to go public on Monday, the latest sign that the IPO market is starting to crack open. Hinge Health uses software to help patients treat musculoskeletal injuries, chronic pain and carry out post-surgery rehabilitation remotely. The company’s revenue last … Read more

AI startup OpenEvidence secures Sequoia funding, $1 billion valuation

AI startup OpenEvidence secures Sequoia funding,  billion valuation

Medical technology, AI technology is utilized by doctors for diagnosing increasing the accuracy of patient treatments. Medical research and development innovation technology to improve patient health. Pcess609 | Istock | Getty Images AI startup OpenEvidence is raising a fresh round of capital from Sequoia to scale its chatbot for doctors.  The new $75 million cash … Read more