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PneumRx - About the company

PneumRx is an acquired company based in Mountain View (United States), founded in 2004 by Erin Mcgurk. It operates as a Medical solutions innovator dedicated to transforming lives through science. PneumRx has raised $49.6M in funding from investors like Adams Street Partners, Endeavour Vision and Telegraph Hill Partners. The company has 15 active competitors, including 4 funded and 6 that have exited. Its top competitors include companies like Pulmonx, Novate Medical and Spiration.

Company Details

Medical solutions innovator dedicated to transforming lives through science. The company advances science for life, providing a wide array of medical devices and therapies for healthcare professionals and patients. It focuses on multiple medical specialties, including cardiology, gastroenterology, urology, and more. The company offers products, treatments, and support for various conditions, including cancer, heart and vascular diseases, and neurological conditions. It provides device support, professional education, and resources for both healthcare providers and individuals seeking medical information. The company is committed to corporate responsibility, innovation, and improving patient health globally. It offers career opportunities and investor relations information, emphasizing its dedication to advancing healthcare solutions.
Registered Address
Santa Clara, California
Key Metrics
Founded Year
2004
Location
Mountain View, United States
Stage
Acquired
Total Funding
$49.6M in 3 rounds
Latest Funding Round
Ranked
Employee Count
7 as on Dec 31, 2019
Similar Companies
Exit Details
Acquired by BTG International (Dec 04, 2014)

PneumRx's acquisition details

PneumRx got acquired by BTG International on Dec 04, 2014 at an acquisition amount of $*****.
Click here to take a look at PneumRx's acquisition in detail
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PneumRx's funding and investors

PneumRx has raised a total funding of $49.6M over 3 rounds. Its first funding round was on Jun 14, 2005. Its latest funding round was a Series C round on Dec 30, 2010 for $*****. 8 investors participated in its latest round. PneumRx has 12 institutional investors.

Here is the list of recent funding rounds of PneumRx:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 30, 2010
5176622
Series C
8257737
5469354
4398139
1347080
Mar 05, 2007
8197661
Series B
4338657
2015908
9112364
Jun 14, 2005
7694396
Series A
8897255
1109841
4265950
7750555
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PneumRx's founders and board of directors

Founder? Claim Profile
The founders of PneumRx is Erin Mcgurk.
Here are the details of PneumRx's key team members:

PneumRx's employee count trend

PneumRx has 7 employees as of Dec 19. The total employee count is 84.0% lower than what it was in Dec 18. Here is PneumRx's employee count trend over the years:
Employee count trend for PneumRx
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PneumRx's Competitors and alternates

Top competitors of PneumRx include Pulmonx, Novate Medical and Spiration. Here is the list of Top 10 competitors of PneumRx, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Pulmonx
Pulmonx
1998, Redwood City (United States), Public
Developer of smart devices for treating pulmonary diseases
$281M
71/100
2nd
Logo for Novate Medical
Novate Medical
2006, Galway (Ireland), Acquired
Provider of inferior vena cava filter for treatment of pulmonary embolism
$18M
46/100
3rd
Logo for Spiration
Spiration
1999, Redmond (United States), Acqui-Hired
Emphysema treatment using minimally invasive Spiration Valve System to improve life
$73.9M
43/100
4th
Logo for Uptake Medical
Uptake Medical
2005, Tustin (United States), Acquired
Medical device company improving lives through vapor ablation for pulmonary disease
$71.7M
38/100
5th
Logo for Medos AG
Medos AG
1978, Stolberg (Germany), Acquired
Range of product and therapy solutions for cardiac surgeons and perfusionists.
-
-
37/100
6th
Logo for Selio Medical
Selio Medical
2016, Dublin (Ireland), Seed
Developer of device to prevent pneumothorax during transthoracic needle biopsy
-
34/100
7th
Logo for Sanovas
Sanovas
2009, San Rafael (United States), Series A
Platform of tools for interventional therapeutics and diagnostic applications in various specialties
$9.52M
-
34/100
8th
Logo for PneumRx
PneumRx
2004, Mountain View (United States), Acquired
Medical solutions innovator dedicated to transforming lives through science
$49.6M
33/100
9th
Logo for Lumeda
Lumeda
2020, Rocky Hill (United States), Series A
Developer of photodynamic therapy device for treating lung cancer
$5.34M
33/100
10th
Logo for Vascular Architects
Vascular Architects
1999, San Jose (United States), Acqui-Hired
Developer of devices for the treatment of peripheral vascular disease and nonvascular obstructions
$55M
32/100
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PneumRx's Investments and acquisitions

PneumRx has made no investments or acquisitions yet.

Reports related to PneumRx

Here is the latest report on PneumRx's sector:

News related to PneumRx

•
•
FDA panel votes against BTG’s PneumRX ElevairMassDevice•Jun 12, 2018•PneumRx
•
Early-stage products prove problematic for BTGInvestors Chronicle•May 16, 2018•PneumRx, BTG International
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