Hike Medical today announced it has raised $22.5 million in seed and Series A funding to reimagine the entire supply chain for orthotics and prosthetics and durable medical equipment (DME), so more people can access the care that keeps them moving. The round was led by Max Altman at Saga Ventures, with additional participation from Indicator Ventures, Fifth Down Capital, RiverPark Ventures and other funds, strategic investor and commercial partner Orthofeet, Inc., and angel investors such as Monaco CEO Sam Blond and Super Bowl champion and former head coach of the New England Patriots Jerod Mayo.

Hike Medical exists to help people access the device-based care they need to keep moving. The company manages the durable medical equipment (DME) supply chain from referral to dispense, connecting AI-powered back-office automation, point-of-care clinical tools and in-house manufacturing in one system. Hike's technology results in shorter wait times, lower remake rates and more personal care.