Allurion

Allurion

Non-surgical weight loss balloon and digital tools

About

Allurion focuses on managing obesity through its unique weight loss solution. The Allurion Balloon is a non-surgical weight loss balloon that can be placed and removed without the need for surgery, endoscopy, or anesthesia. This product is part of the Allurion Program, which includes digital tools like the Allurion Mobile App, Allurion Insights for clinicians, and connected devices such as scales and health trackers. This combination allows patients and healthcare providers to effectively monitor and manage weight loss. Allurion stands out from competitors by offering a comprehensive program that integrates both the balloon and digital health tools, providing continuous support for users. The company's goal is to help individuals struggling with obesity achieve their weight loss goals safely and effectively.

Company Stage

IPO

Employees

201-500

Industries

Consumer Software, Healthcare

Total Funding

$112.4M

Headquarters

Natick, Massachusetts

Founded

2009


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Simplify's Take

What believers are saying

  • The recent $48 million convertible senior secured note financing with RTW Investments enhances Allurion's financial stability and operational flexibility.
  • The expansion of the Virtual Care Suite to the United States opens up a significant new market, potentially driving substantial revenue growth.
  • Allurion's innovative approach and comprehensive product suite offer significant potential for improving patient outcomes and satisfaction.

What critics are saying

  • The Allurion Balloon is not currently approved in the United States, limiting its market potential in a key region.
  • The company's reliance on continuous financing, as evidenced by recent public offerings and private placements, could indicate potential cash flow issues.

What makes Allurion unique

  • Allurion's weight loss balloon is unique in that it does not require surgery, endoscopy, or anesthesia, setting it apart from traditional weight loss solutions.
  • The comprehensive Allurion Program, which includes digital tools and devices, offers an integrated approach to weight loss management that is not commonly found in the market.
  • Allurion's focus on non-invasive obesity management solutions positions it uniquely in a market dominated by surgical and pharmaceutical options.

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Growth & Insights
Headcount

6 month growth

-2%

1 year growth

-19%

2 year growth

0%

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