AlterG
Latest round
- Series D
Last raised
- Aug 2018
Total raised
- $29M
Investors
- 8
About AlterG
AlterG, Inc.Founded in 2005, AlterG, Inc. is headquartered in Fremont, US. The company focuses on advanced rehabilitation technology and has previously pivoted its strategy by integrating into the neurorehabilitation sector. The current CEO is Anirudh Dhacholia.AlterG, now part of Lifeward, specializes in advanced rehabilitation technology with its flagship product being the AlterG® Anti-Gravity Treadmill™. This innovative device utilizes patented Differential Air Pressure (DAP) technology to precisely reduce gravitational forces on the user by up to 80%, enabling pain-free movement for rehabilitation and training. The treadmills are designed for various applications, including physical therapy, sports performance, and rehabilitation for patients recovering from orthopedic injuries, neurological conditions, chronic diseases, or managing obesity. Since their introduction in 2005, AlterG treadmills have been deployed in over 5,000 facilities globally, including hospitals, rehabilitation centers, and sports performance facilities, catering to a diverse clientele that includes clinicians, athletes, and patients.AlterG's revenue model primarily revolves around the sale and lease of its Anti-Gravity Treadmills, marketed to healthcare providers, sports teams, and rehabilitation facilities. Transactions typically occur through direct sales to institutions and organizations, as well as through leasing arrangements that allow clients to integrate the technology into their facilities without significant upfront costs. The company offers a range of models, including the AlterG NEO and the PRO series, positioned at various price points to accommodate different market needs. Additionally, ongoing support and maintenance services are provided, enhancing the value proposition for clients.In August 2023, Rewalk Robotics Ltd. agreed to acquire AlterG, Inc.0 mn in cash.'s customer-facing capabilities and expand its growth potential by integrating AlterG's neurorehabilitation product portfolio. The acquisition will support AlterG's ongoing strategy to innovate and expand their product offerings, as well as increase market reach into new regions.
Who invested in AlterG
8 investors across 5 rounds
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Questions about AlterG
Who invested in AlterG?
AlterG has 8 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has AlterG raised?
AlterG has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did AlterG last raise money?
AlterG's most recent round on record is a Series D, in Aug 2018.
What does AlterG do?
AlterG is a medical devices & equipment company.
Where is AlterG headquartered?
AlterG is headquartered in Fremont, US.
Which VCs invest in companies like AlterG?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back medical devices & equipment companies at AlterG's stage. Their profiles are linked below.
VCs backing medical devices & equipment startups at Series D
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