Hike Medical Raises $22.5M for Device-Based Care
Hike Medical raised $22.5M to automate device-based care workflows from referral to dispense.
Healthcare operations are full of unglamorous workflows that still create real delays for patients.
What happened
Hike Medical raised $22.5M across seed and Series A funding to automate device-based care from referral to dispense.
The company is focused on categories such as durable medical equipment, orthotics and prosthetics, where care delivery often depends on documentation, eligibility checks, ordering, fulfilment and coordination between providers and suppliers.
Why it matters
This is a practical healthtech infrastructure story. Device-based care can be operationally messy, and patients can wait longer than necessary because the workflow is fragmented.
Software that reduces administrative friction can improve both access and cost, especially in categories that sit between clinical care, insurance and physical product delivery.
The bigger picture
Healthtech funding often chases high-profile clinical AI, but many valuable companies are built around workflow repair.
Hike Medical fits that quieter pattern: improving the plumbing behind care delivery rather than trying to own the entire patient relationship.