ALung - About the company
ALung is an acquired company based in Pittsburgh (United States), founded in 1997 by William Federspiel. It operates as a Developer of extracorporeal CO2 removal system to supplement mechanical ventilation. ALung has raised $150M in funding from investors like Birchmere Ventures, Eagle Ventures and Allos Ventures. The company has 220 active competitors, including 71 funded and 28 that have exited. Its top competitors include companies like ZOLL AEDs, InnAccel and vTitan.
Company Details
Developer of extracorporeal CO2 removal system to supplement mechanical ventilation. TheHemolung Cartridge couples a centrifugal blood pump and gas exchange membrane into one device.
- Website
- alung.com
- Registered Address
- Pittsburgh, Pennsylvania
Key Metrics
Founded Year
1997
Location
Pittsburgh, United States
Stage
Acquired
Total Funding
$150M in 23 rounds
Latest Funding Round
Investors
Ranked
9th among 220 active competitors
Employee Count
3,592 as on Jul 31, 2026
Exit Details
Acquired by LivaNova (May 05, 2022)
Legal entities associated with ALung
ALung is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ALUNG TECHNOLOGIES INC CIN: 1179295 , United States, Active | $1M - $5M (As on May 15, 2015) | - | - | |
Alung Technologies, Inc. CIN: 232915098 , United States, Active | Dec 31, 1996 | - | 27 (As on Dec 31, 2021) | - |
ALung's acquisition details
ALung got acquired by LivaNova on May 05, 2022.
Click here to take a look at ALung's acquisition in detail
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ALung's funding and investors
ALung has raised a total funding of $150M over 23 rounds. Its first funding round was on 2002. ALung has 16 institutional investors.
Here is the list of recent funding rounds of ALung:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 06, 2021 | 8191772 | Series C | 9265362 | 3375465 | 3693777 | 8264118 |
Nov 12, 2020 | 3673289 | Series C | 8757643 | 4680458 | 6377505 | 7713565 |
Jun 01, 2020 | 7384825 | Series C | 6218273 | 9656618 | 5391515 | 6204246 |
View details of ALung's funding rounds and investors
ALung's founders and board of directors
Founder? Claim ProfileThe founders of ALung is William Federspiel.
Here are the details of ALung's key team members:
- William Federspiel: Founder of ALung.
- Peter DeComo: Former Founder of ALung.
View details of ALung's Founder profiles and Board Members
ALung's employee count trend
ALung has 3,592 employees as of Jul 26. Here is ALung's employee count trend over the years:
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ALung's Competitors and alternates
Top competitors of ALung include ZOLL AEDs, InnAccel and vTitan. Here is the list of Top 10 competitors of ALung, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | ZOLL AEDs 1983, Chelmsford (United States), Acquired | Developer of medical devices and software solutions for emergency care | - | 64/100 | |
2nd | Developer of medical devices for critical care, obstetrics, and neonatology | $5.84M | 60/100 | ||
3rd | Manufacturer of a broad range of medical devices used in critical care units of hospitals | $10M | 58/100 | ||
4th | Pentax Medical 1976, Montvale (United States), Funding Raised | Manufacturer of endoscopic imaging devices | - | - | 58/100 |
5th | Developer of a neurostimulation-based pacer for diaphragm strength | $137M | 57/100 | ||
6th | Developer of therapies for the treatment of pain and addiction | $248M | 55/100 | ||
7th | Belluscura 2015, Dallas (United States), Public | Provider of medical devices for laparoscopic procedures | $6.38M | 53/100 | |
8th | MedInTech 2020, Hanam si (South Korea), Series B | Developer of medical device technologies | $21.2M | 51/100 | |
9th | ALung 1997, Pittsburgh (United States), Acquired | Developer of extracorporeal CO2 removal system to supplement mechanical ventilation | $150M | 62/100 | |
10th | Blue Neem Medical Devices 2009, Bengaluru (India), Unfunded | Manufacturers of gastroenterology, nephrology, urology products | - | - | 49/100 |
Looking for more details on ALung's competitors? Click here to see the top ones
ALung's Investments and acquisitions
ALung has made no investments or acquisitions yet.
Reports related to ALung
Here is the latest report on ALung's sector:
News related to ALung
Media has covered ALung for a total of 5 events in the last 1 year, 2 of them have been about company updates and 2 about people movement.
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London-based LivaNova is picking up another Pittsburgh biotech firmPittsburgh Post-Gazette•May 05, 2022•ALung
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FDA grants de novo clearance to ALung’s ‘respiratory dialysis’ machineFierce Biotech•Nov 15, 2021•ALung
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ALung Announces a Key Milestone Achievement in its VENT-AVOID Pivotal TrialBusiness Wire•Mar 17, 2021•ALung
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ALung Technologies Reports Hemolung® RAS Used to Treat More than 75 COVID-19 PatientsMedical Device News•Jan 21, 2021•ALung
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ALung Announces Commercial Development of its Breakthrough Next Generation Artificial LungBusiness Wire•May 05, 2020•ALung
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