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§ Public · Wellesley, MA, USA
Medical device and digital health company developing non-surgical weight loss solutions, focused on procedureless gastric balloons.
Based in Natick, Massachusetts, Allurion Technologies develops non-surgical weight loss solutions, including a swallowable gastric balloon and an AI-powered digital health platform to monitor patient progress. The publicly traded medical device company has treated over 130,000 patients across more than 60 countries and generated approximately $64 million in revenue during 2022. In August 2023, the enterprise completed a merger with Compute Health Acquisition Corp, achieving an estimated enterprise value of $500 million upon its New York Stock Exchange debut. Prior to entering the public equity markets, the firm secured over $80 million in venture capital funding from institutional backers such as Romulus Capital and Remus Capital, while adding former Medtronic chief executive Omar Ishrak to its board of directors. Allurion Technologies was originally founded in 2009 by co-founders Shantanu Gaur and Samuel Levy.
Allurion Technologies has raised $191.8M across 10 funding rounds.
Allurion Technologies has raised $191.8M in total across 10 funding rounds.
Allurion Technologies has raised $191.8M in total across 10 funding rounds.
Allurion Technologies's investors include Roderick Wong, Robert Lake, Marijn Dekkers, Romulus Capital, IDO Investments, Novalis LifeSciences, 3one4 Capital, DFJ, REMUS Capital, Silicon Valley Bank, Krishna K. Gupta, Massachusetts Life Sciences Center.
Allurion Technologies is a biotechnology company developing the world's first full-stack, non-surgical weight-loss platform to end obesity globally.[1][2][3] Its core product, the Allurion Balloon, is a gastric balloon placed and removed without routine surgery, endoscopy, or anesthesia, paired with the Allurion Virtual Care Suite—including a mobile app, clinician insights platform, connected scale, and health tracker—for comprehensive patient and provider support.[2][3] The program targets adults struggling with obesity, solving the problems of invasive surgeries, high costs, hunger from diets, and lack of sustained habits by enabling 10-15% total body weight loss in 4 months (16 weeks) through medical, digital, and nutritional guidance.[2][3][4] With over 100,000 balloons distributed worldwide and strong clinical evidence, Allurion shows robust growth momentum outside the U.S., where the balloon awaits approval.[2][4]
Allurion Technologies was founded in 2009 by Shantanu Gaur and Samuel Levy, medical students at Harvard Medical School who challenged conventional weight-loss approaches by directly engaging patients.[3][4] Observing frustrations with yo-yo dieting, hunger, expensive invasive surgeries, and lack of lifelong empowerment, they envisioned a simple, accessible program combining innovative medical tech with behavioral support.[4] This led to the Allurion Balloon and Program, which gained early traction through patient-centered design; today, it has reached over 100,000 users globally, fulfilling their mission to catalyze permanent weight loss.[2][4]
Allurion rides the global obesity epidemic trend, where healthcare systems struggle with rising prevalence, demanding scalable, consumer-empowered solutions beyond diets or surgery.[3][4] Its timing aligns with advances in procedural tech and digital health, enabling non-invasive interventions amid demands for accessible care without medical complexities.[2][3] Favorable market forces include growing acceptance of swallowable devices, telemedicine integration, and evidence-based weight management, positioning Allurion to disrupt a multi-billion-dollar industry strained by surgical limitations.[2][4] By prioritizing patient stories and data, it influences the ecosystem toward holistic, tech-enabled obesity solutions, potentially accelerating adoption in underserved regions.[3][4]
Allurion is poised for expansion with U.S. approval, scaling its balloon program and Virtual Care Suite to capture mainstream markets amid surging obesity interventions.[2] Trends like AI-driven personalization in health apps and wearable integration will enhance its data-centric model, while global partnerships could boost distribution beyond 100,000 units.[2][3][4] Its influence may evolve from niche disruptor to obesity standard-setter, empowering fuller lives—if it navigates regulatory hurdles and sustains clinical momentum—ultimately realizing the founders' vision of ending obesity through audacious, patient-first innovation.[3][4]
Allurion Technologies has raised $191.8M across 10 funding rounds. Most recently, it raised $5.0M Other Equity in November 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 11, 2025 | $5M Venture Round | — | — | Announced |
| Apr 17, 2024 | $48M Venture Round | Roderick Wong | — | Announced |
| Apr 6, 2021 | $25M Debt Financing | Robert Lake | — | Announced |
| Jan 7, 2020 | $34M Venture Round | Marijn Dekkers, Romulus Capital | IDO Investments | Announced |
| Jan 1, 2020 | $34M Series U | Novalis LifeSciences, Romulus Capital | 3one4 Capital, DFJ, Remus Capital, IDO Investments | Announced |
| Oct 17, 2017 | $6M Debt Financing | Silicon Valley Bank | — | Announced |
| Jul 1, 2017 | $27M Series C | Krishna K. Gupta | 3one4 Capital, DFJ, Remus Capital, IDO Investments | Announced |
| May 17, 2016 | $6M Venture Round | Romulus Capital | — | Announced |
| May 1, 2016 | $6M Series U | Romulus Capital | 3one4 Capital, DFJ, Remus Capital | Announced |
| Jan 9, 2012 | $750K Debt Financing | Massachusetts Life Sciences Center | — | Announced |