musculoskeletal health
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.
The digital MSK health company said that it tripled its customer base and quadrupled its revenue in 2020.
Alongside the purchase and service launch, the digital health company also shared news of a $57 million investment from Perceptive Advisors.