4 years ago

SWORD Health Raises $85 Million in Series C Funding

  • SWORD Health, a New York-based digital physical therapy provider, has raised $85 million in Series C funding, bringing its total funding to $110 million in the past six months

  • The company, which focuses on virtual musculoskeletal (MSK) care, has seen rapid growth in recent years

  • General Catalyst led the funding round, with participation from BOND, Highmark Ventures, BPEA, Khosla Ventures, Founders Fund, Transformation Capital, and Green Innovations

  • SWORD Health's services include sensor-based, AI-driven technology and licensed physical therapists from the comfort of their homes

  • The company is competing with other MSK digital health startups like Kaia Health and Hinge Health, which has acquired medical device maker Enso to expand its non-invasive MSK therapy technology.

      • ProblemHealthcare

      "Musculoskeletal (MSK) conditions, like back pain, are a leading cause of disability and often require expensive, time-consuming physical therapy."

      Solution

      "SWORD Health offers a virtual physical therapy platform that combines sensor-based technology, AI, and licensed physical therapists to provide convenient and effective MSK care from the comfort of home."

      Covered on