Last deal

$16.6M

Amount

Post-IPO Equity

Stage

06.08.2019

Date

3

all rounds

$201.02M

Total amount

date founded

Financing round

General

About Company
Obalon Therapeutics provides innovative gastric balloon technology for weight loss.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2008

founders

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Equity

IPO status

Private

Description

The San Diego-based company is dedicated to developing high-quality medical products that revolutionize the treatment of chronic disease, with a focus on gastric balloon technology. Obalon's technical team collaborates with leading clinicians to ensure the highest levels of safety and performance, using advanced technological thinking to support clinical treatment objectives. Founded in 2008, Obalon believes in the fundamental value of imagination and invention combined with rigorous testing and analysis.
Contacts

Contact Email

Phone number

Social url

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M&A Details
1

Acquired by

ReShape Lifesciences

announced date

20.01.2021

Financials

Funding Rounds
13
3

Number of Funding Rounds

$201.02M

Money Raised

Their latest funding was raised on 06.08.2019. Their latest round Post-IPO Equity

Date 
Funding Round 
Investors 
Money Raised 
Lead 
06.08.2019
$16.6M
27.08.2018
$10M
12.09.2016
$75M
Co-Investors
Investors
11
5

Number of lead investors

11

Number of investors

Investor 
Lead 
Round 
Partners 
No
Debt Financing
Yes
Series A, Series D, Series E
Yes
Series A, Series D, Series E
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People

Founders
1

Andy Rasdal

More than 25 years of medical technology experience, including serving as CEO of DexCom, Inc., Senior Vice President and President Vascular for Medtronic, Inc., and Vice President of Marketing for Arterial Vascular Engineering.

current job

Medtronic
Medtronic

Andy Rasdal

Employee Profiles
27

Valerie Melucci

Marketing director

Adlai Howe

Vice president global sales

Nooshin Hussainy

Nooshin Hussainy

Chief Financial Officer

Nooshin Hussainy

Chief financial officer

Mark Brister

VP of R&D

Andy Rasdal

CEO

Amy Vandenberg

Vice President of Regulatory Affairs

Bart Bandy

Bart Bandy

President of International

Activity

Recent News
0