AlterG

AlterG

Is this your company? Claim your profile to update info and connect with investors.
Claim profile

Private Company

Total funding raised: $32.5M

Overview

AlterG, founded in 2005 and recently merged into Lifeward (formerly ReWalk Robotics), is a global leader in unweighting technology for rehabilitation and athletic performance. Its core NASA-inspired technology, the Anti-Gravity Treadmill™, uses calibrated Differential Air Pressure to allow for pain-free movement and gait retraining, serving millions of patients and athletes. The company offers a product portfolio (NEO, NEO+, PRO) tailored to different clinical and performance needs and provides extensive clinical protocols for a wide range of conditions from orthopedic injuries to neurological disorders.

OrthopedicsSports MedicineNeurological RehabilitationObesity ManagementCardiac Rehabilitation

Technology Platform

Patented Differential Air Pressure (DAP) technology that creates a calibrated air chamber to precisely unweight users by up to 80% of body weight, enabling natural gait rehabilitation and performance training with integrated real-time analytics.

Funding History

4
Total raised:$32.5M
Debt$5M
Series B$12M
Series A$5.5M
Series A$10M

Opportunities

Growth opportunities include expanding into cost-sensitive clinical markets with the NEO series, developing new clinical protocols for neurological and chronic conditions, and leveraging the global commercial infrastructure of parent company Lifeward for international expansion.
The integration with Lifeward's other rehabilitation technologies also presents cross-selling and data synergy opportunities.

Risk Factors

Key risks include sensitivity to capital spending cycles in healthcare and sports, execution risks associated with the post-merger integration into Lifeward, potential new competitive entrants, and variable insurance reimbursement for therapies using the device in clinical settings.

Competitive Landscape

Main competitors include hydrotherapy pools and overhead harness systems, which lack the precision and natural gait mechanics of AlterG's DAP technology. Within its niche of lower-body positive pressure treadmills, AlterG is the dominant commercial player, differentiated by its patented technology, robust analytics, extensive clinical protocols, and strong brand reputation in elite sports.