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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•about 7 hours ago

Amount Raised

$22.5 Million

Round Type

Seed

San FranciscoHealth CareMedicalMedical Device

Investors

River 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.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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

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