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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.
Industries
Data & Analytics
Consumer Software
Enterprise Software
Healthcare
Company Size
51-200
Company Stage
IPO
Headquarters
Natick, Massachusetts
Founded
2009
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Total Funding
$1.2B
Above
Industry Average
Funded Over
14 Rounds
Paid Vacation
Remote Work Options
Phone/Internet Stipend
Professional Development Budget
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.
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.
Allurion Technologies, Inc. (NYSE: ALUR) (“Allurion” or the “Company”), a pioneer in metabolically healthy weight loss, today announced it has passed critica...
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.
Medtimo files patent infringement complaint against Allurion Technologies. The complaint seeks to protect Medtimo's balloon system technology and alleges that Allurion infringes three Medtimo patents. Medtimo Inc, a wholly owned subsidiary of Biorad Medisys Private Limited, has announced that it has filed a patent infringement complaint in the U.S. District Court of the District of Delaware against Allurion Technologies, Inc. Medtimo says its complaint details how Allurion's gastric balloon system infringes upon Medtimo's intellectual property. This definitive action follows Allurion's recent unsuccessful challenge of Medtimo's patent rights in the U.S. Patent and Trademark Office (USPTO). The complaint alleges that Allurion has infringed three key Medtimo patents, and is a refiling of a previous complaint filed in 2023, but with two additional patents that were awarded by the USPTO to Medtimo later in 2023 and 2024. The complaint specifically alleges infringement on three key patents, including U.S. Patent No. 10,463,520, U.S. Patent No. 11,779,482, and U.S. Patent No. 11,974,934, and Medtimo stands fully prepared to vigorously protect its valuable technology. "Medtimo has a long-standing commitment to developing and protecting our intellectual property, which is a cornerstone of our business," said Paul Hickey, CEO of Medtimo. "Allurion's products, including their gastric balloon system, allegedly utilise technology covered by our patents, and we are prepared to protect our innovations against infringers. This is a necessary step to protect our balloon system technology and the significant investments we've made in research and development, solidifying our position as a leader in the U.S. market." Allurion Technologies recently announced that Milena Alberti-Perez had resigned from its Board of Directors and as chairperson of the Audit Committee, effective September 30, 2025. According to the statement, Alberti-Perez's resignation was not due to "any disagreement with management, the board, or on any matter relating to the company's operations, policies, or practices."
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Industries
Data & Analytics
Consumer Software
Enterprise Software
Healthcare
Company Size
51-200
Company Stage
IPO
Headquarters
Natick, Massachusetts
Founded
2009
Find jobs on Simplify and start your career today