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Allurion

Non-invasive gastric balloon and digital program

Overview

Allurion Technologies sells the Allurion Balloon, a non-surgical gastric balloon designed to help people lose weight. The balloon is placed without surgery, endoscopy, or anesthesia in most cases, and is used as part of the Allurion Program, which pairs the balloon with digital tools and devices such as the Allurion Mobile App, Allurion Insights for clinicians, and connected scale and health tracker. The program allows patients and healthcare providers to customize, monitor, and manage weight loss therapy, with ongoing revenue from balloon sales and subscription-based digital services. Allurion targets individuals with obesity and healthcare providers offering the program, operating globally except that the balloon is not currently approved in the United States. The company’s goal is to provide a non-invasive weight loss option that combines medical device therapy with digital health support to help patients lose weight and improve health outcomes.

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About Allurion

Simplify's Rating
Why Allurion is rated
C
Rated B on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Data & AnalyticsConsumer SoftwareEnterprise SoftwareHealthcare

Company Size

51-200

Company Stage

IPO

Headquarters

Natick, Massachusetts

Founded

2009

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Simplify's Take

What believers are saying

  • Allurion treated first U.S. commercial patients in April 2026, proving launch execution.
  • Management is training U.S. accounts and expects April 2026 shipments.
  • Canada’s Minogue Medical partnership broadens bariatric distribution and employer coverage conversations.

What critics are saying

  • NYSE delisting proceedings began in March 2026 after market capitalization fell below $15 million.
  • Allurion cut about 65% of staff in August 2025, leaving 41 employees by December.
  • Revenue fell 53% in 2025; stalled U.S. adoption forces dilution or insolvency.

What makes Allurion unique

  • Allurion’s Smart Capsule is swallowed in-office, then exits naturally after four months.
  • Its 2026 FDA PMA covers BMI 30–40 adults, enabling U.S. commercialization.
  • The balloon-plus-app stack combines clinicians, connected scale data, and remote coaching.

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Funding

Total Funding

$1.2B

Above

Industry Average

Funded Over

14 Rounds

Private Placement Non VC funding comparison data is currently unavailable. We're working to provide this information soon!
Private Placement Non VC Funding Comparison Coming Soon

Benefits

  • Paid Vacation
  • Remote Work Options
  • Phone/Internet Stipend
  • Professional Development Budget

Stock Price

Growth & Insights and Company News

6 month growth

0%

1 year growth

-3%

2 year growth

1%
Yahoo Finance
Apr 20th, 2026
Allurion launches commercial weight loss treatment in US, targeting patients discontinuing GLP-1 therapy

Allurion Technologies has treated its first commercial patients in the United States, marking its entry into the world's largest obesity market. The company is seeing demand from patients who discontinued GLP-1 therapy due to side effects, long-term commitment concerns or weight regain. The Allurion Program offers a non-surgical, non-pharmaceutical weight loss option. The procedure takes approximately 15 minutes and requires no endoscopy or anesthesia. Early feedback from trained centres has been encouraging, with clinicians highlighting the program's simplicity and scalability. Allurion is exploring partnerships with self-insured employers to expand patient access through employer-sponsored coverage. The company's platform combines the FDA-approved Allurion Gastric Balloon System with a virtual care suite including mobile apps and provider insights tools.

MarketScreener
Feb 24th, 2026
Allurion secures $3M through warrant exercise at reduced price of $1.15 per share

Allurion Technologies, a metabolically healthy weight loss company, has entered into an agreement for the immediate exercise of certain outstanding warrants to purchase up to 2,659,565 shares of common stock at a reduced exercise price of $1.15 per share. The company expects to raise approximately $3 million in gross proceeds before deducting financial advisory fees. The warrants were originally issued in January, February and November 2025. In exchange for the immediate exercise, warrant holders will receive new warrants to purchase up to 5,319,130 shares of common stock in a private placement. The new warrants will have an exercise price of $1.15 per share and a five-year term following stockholder approval. Roth Capital Partners is serving as financial adviser for the transaction, which is expected to close on 25 February 2026.

Business Wire
Feb 23rd, 2026
Allurion's swallowable weight loss capsule receives US FDA approval

Allurion Technologies has received US Food and Drug Administration approval for its Allurion Gastric Balloon System, featuring the Allurion Smart Capsule. The device is approved for adults aged 22-65 with a body mass index between 30 and 40 kg/m² who have previously attempted weight loss. The Smart Capsule is swallowed during a 15-minute office visit without surgery, endoscopy or anaesthesia, remains in the stomach for approximately four months, then passes naturally. Patients can use up to two capsules over a 10-month period. Outside the US, over 200,000 patients have been treated, achieving 14% total body weight loss, and over 20% when combined with low-dose GLP-1s. Approximately 80 million Americans fall within the approved BMI range. The Series C funding was led by Ribbit Capital.

Business Wire
Nov 12th, 2025
Allurion Passes Critical FDA Milestones, Enters Into Transaction to Exchange All Outstanding Debt That Would Result in the Company Being Debt-Free, and Announces a $5 Million Private Placement Financing

Allurion Technologies, Inc. (NYSE: ALUR) (“Allurion” or the “Company”), a pioneer in metabolically healthy weight loss, today announced it has passed critica...

StockTitan
Nov 11th, 2025
Allurion Achieves Debt-Free Status, Raises $5M

Allurion Technologies has achieved key FDA milestones and entered a transaction to exchange all outstanding debt, aiming to become debt-free. Additionally, the company announced a $5 million private placement financing.

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