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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Industries
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
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.
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.
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Industries
Company Size
51-200
Company Stage
IPO
Headquarters
Natick, Massachusetts
Founded
2009
Find jobs on Simplify and start your career today