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Hike Medical raises $22.5M in Seed and Series A funding led by Max Altman at Saga Ventures to modernize the medical device supply chain.

PRIVATEAug 25, 2026

Amount Raised

$22.5 Million

Round Type

Seed

San FranciscoHealth CareMedicalMedical Device

Investors

Riverpark VenturesRiver Park VenturesFifth Down CapitalIndicator VenturesMax Altman At Saga Ventures

Description

Hike Medical has successfully raised $22.5 million in funding to transform the medical device supply chain for orthotics and prosthetics. This investment aims to enhance access to the necessary care for users of durable medical equipment. The round was led by Max Altman at Saga Ventures, with contributions from Indicator Ventures, Fifth Down Capital, and RiverPark Ventures. The company focuses on automating device-based care from referral to device delivery.

Company Information

Company

Hike Medical

Location

San Francisco, California, United States

About

Hike Medical is a company that automates device-based care from referral to dispense. It aims to modernize the supply chain for orthotics, prosthetics, and durable medical equipment (DME). Their mission is to enhance access to the care that helps individuals maintain mobility.

Fundz sees it the moment Hike Medical raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Hike Medical raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.