Sword Health wants to be profitable before an IPO, and it's aiming to hit that milestone in 2024. Virgilio Bento founded Sword Health in 2015 to give patients around the world access to virtual physical therapy. Bento isn't interested in taking Sword public before the company is profitable, he said, a milestone he expects to reach next year. "And I don't want to be a public company that's not profitable because that puts us in a very tricky situation." Sword Health uses wearables to monitor user movement and provide physical therapy virtually.

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