AlterG

AlterG

Pre-clinical
Fremont, United StatesFounded 2005alterg.com

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.

Founded
2005
Focus
Medical Devices

AI Company 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.

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$5MSilicon Valley BankJun 15, 2015
Series B$12MUndisclosedJun 15, 2013
Series A$5.5MUndisclosedJun 15, 2010
Series A$10MUndisclosedJun 15, 2009

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.

Company Info

TypeMedical Devices
Founded2005
LocationFremont, United States
StagePre-clinical
RevenueRevenue Generating

Contact

Therapeutic Areas

OrthopedicsSports MedicineNeurological RehabilitationObesity ManagementCardiac Rehabilitation
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