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Hike Medical
Vertically integrated AI platform for custom orthotics and durable medical equipment
About Hike Medical
Hike Medical is a San Francisco healthtech company that automates how patients get durable medical equipment (DME) such as custom insoles, diabetic inserts, braces, prosthetics and wheelchairs. Co-founded and led by CEO Aadi Bhanti, whose family has worked in orthotics and prosthetics for three generations, Hike started with 3D-printed custom insoles for on-feet workers and employers seeking to cut musculoskeletal costs, and is expanding across the wider roughly $100 billion US device market. Its vertically integrated platform combines AI agents that process insurance referrals and approvals before a clinician sees the patient, point-of-care tools for mobile scanning and ordering, and in-house 3D-printed manufacturing at a large orthotic print facility in Peoria, Illinois; the company says it has cut custom-insole wait times from weeks to days and remake rates from 1 in 15 to 1 in 400. Former Flexport SVP and Dandy COO Jerry Tang joined as COO. In August 2026 Hike raised $22.5 million in combined seed and Series A funding led by Max Altman of Saga Ventures, with Indicator Ventures, Fifth Down Capital, RiverPark Ventures, strategic partner Orthofeet and angels including Sam Blond and Jerod Mayo, to hire in San Francisco and expand Peoria manufacturing. Sources: The Investor Society 26 Aug 2026; company announcement 25 Aug 2026; hikemedical.com.
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Aug 2026 | $23M | $90M | Undisclosed | ↗ |
Growth signals
Latest recorded traffic for Hike Medical is 6.4K monthly website visits, down 41.8% over the last three months. Hike Medical's team grew 133.3% over the past year.
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Other known investors2 additional known investors
Indicator Ventures
RiverPark Ventures
Source: Dealroom Talent Intelligence.
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