Hike Medical

Hike Medical builds custom foot orthotics using an AI-powered 30-second scan (captured on any smartphone camera, without LiDAR) and an in-house 3D print farm, cutting turnaround from weeks to about five business days. The company sells into orthotics, prosthetics, and durable medical equipment providers, with a near-term focus on diabetic insoles that help prevent pressure ulcers and downstream amputations. Hike Medical was founded by CEO Aadi Bhanti, who grew up around orthotics and prosthetics, with his family having worked in the industry across three generations , alongside co-founders Steven Chacko and Amit Bhanti. This launch marks a $22.5M seed and Series A raise led by Saga Ventures through Max Altman, with participation from Indicator Ventures, Fifth Down Capital, RiverPark Ventures, and strategic investor Orthofeet . The pitch is that custom medical devices in the U.S. are gated by two bottlenecks, the prior authorization and referral paperwork on the front end and slow, manual production on the back end, and Hike is now attacking both from a single stack rather than only fixing manufacturing. The product is expanding beyond insoles into three connected pieces: Hike Intelligence, which uses AI agents to process referrals and secure approvals and payments before patient appointments, Hike Clinical, which combines scanning, documentation, and ordering into one mobile workflow, and Hike Lab, which handles device manufacturing through its Peoria, Illinois facility . For clinicians, investors, and operators watching DME, the launch is worth a look as an early test of whether vertical integration plus AI intake can meaningfully shorten the path from prescription to fitted device.