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.
- Website
- pneumrx.com
- 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
Investors
Ranked
8th among 15 active competitors
Employee Count
7 as on Dec 31, 2019
Exit Details
Acquired by BTG International (Dec 04, 2014)
Legal entities associated with PneumRx
PneumRx is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
PNEUMRX INC CIN: 562459462 , United States, Active | Dec 31, 1999 | - | 2 (As on Dec 31, 2021) | - |
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 |
View details of PneumRx's funding rounds and investors
PneumRx's founders and board of directors
Founder? Claim ProfileThe founders of PneumRx is Erin Mcgurk.
Here are the details of PneumRx's key team members:
- Erin Mcgurk: Former Co-Founder of PneumRx.
View details of PneumRx's Founder profiles and Board 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Pulmonx 1998, Redwood City (United States), Public | Developer of smart devices for treating pulmonary diseases | $281M | 71/100 | |
2nd | Novate Medical 2006, Galway (Ireland), Acquired | Provider of inferior vena cava filter for treatment of pulmonary embolism | $18M | 46/100 | |
3rd | Spiration 1999, Redmond (United States), Acqui-Hired | Emphysema treatment using minimally invasive Spiration Valve System to improve life | $73.9M | 43/100 | |
4th | Uptake Medical 2005, Tustin (United States), Acquired | Medical device company improving lives through vapor ablation for pulmonary disease | $71.7M | 38/100 | |
5th | Range of product and therapy solutions for cardiac surgeons and perfusionists. | - | - | 37/100 | |
6th | Selio Medical 2016, Dublin (Ireland), Seed | Developer of device to prevent pneumothorax during transthoracic needle biopsy | - | 34/100 | |
7th | 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 | PneumRx 2004, Mountain View (United States), Acquired | Medical solutions innovator dedicated to transforming lives through science | $49.6M | 33/100 | |
9th | Lumeda 2020, Rocky Hill (United States), Series A | Developer of photodynamic therapy device for treating lung cancer | $5.34M | 33/100 | |
10th | 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 |
Looking for more details on PneumRx's competitors? Click here to see the top ones
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
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•
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Early-stage products prove problematic for BTGInvestors Chronicle•May 16, 2018•PneumRx, BTG International
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PneumRx Acquired by BTG plc for up to $475 MillionPR Newswire•Dec 04, 2014•PneumRx, BTG International, Btgworks
•
PneumRx, Inc.'s RePneu Coil Becoming Therapy of Choice for Patients with Severe EmphysemaPR Newswire•Sep 26, 2013•PneumRx
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