Product Reports Resources Pricing Login Book a demo
COMPANY PROFILE

Obalon Therapeutics

Explore full profile

Gastric balloon technology that assists weight loss by inducing a feeling of fullness

Carlsbad, United StatesFounded 2008Biotech & Life Sciences
Valuation $240M Market cap · 2016
Revenue $1.6M Latest reported FY

About Obalon Therapeutics

Obalon Therapeutics, Inc. is a medical technology company specializing in innovative weight loss solutions. The company's flagship product, the Obalon Balloon System, is the first and only swallowable, FDA-approved, three-balloon system designed to aid weight loss in adults with obesity. This system is specifically targeted at individuals with a Body Mass Index (BMI) of 30-40 kg/m² who have not achieved significant weight loss through diet and exercise alone.

The Obalon Balloon System works by occupying space in the stomach, which helps patients feel full sooner and eat less. The system is intended to be used alongside a moderate-intensity diet and behavior modification program. Each balloon is swallowed in a capsule form and then inflated in the stomach. All balloons must be removed six months after the first balloon is placed. This approach has shown promising results, with an average of 89% of weight loss maintained six months after the balloons are removed, provided the patient continues with a diet and exercise regimen.

Obalon operates in the healthcare and medical devices market, focusing on the obesity treatment segment. The company primarily serves adults struggling with obesity who are looking for non-surgical weight loss solutions. The business model revolves around the sale of the Obalon Balloon System to healthcare providers, who then offer the treatment to patients. Revenue is generated through the sale of these balloon systems and associated medical services.

In summary, Obalon Therapeutics provides a unique, minimally invasive weight loss solution that helps patients achieve and maintain significant weight loss. The company leverages its innovative technology to address a critical need in the obesity treatment market, offering a viable alternative to more invasive surgical procedures.

Source: Dealroom company data

At a glance

Status
Listed
Founded
2008
Headquarters
Carlsbad, United States
Listing
IPO 2016
Employees
18
Open positions
None listed
Dealroom signal
40.4/100
Industry
Health
Sub-industry
BioTechnology, Medical Devices
Sector
Biotech & Life Sciences, Biotechnology, Weight Management, Metabolism, Biotech and Pharma, Hard Tech, DT and LS, science-based
Client focus
b2c
Investment activity
1 company, latest Jun 2021
Capital deployed
—
Preferred round
MERGER

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Jun 2021 $0 — ReShape Lifesciences ↗
POST IPO EQUITYOther financing Aug 2019 $17M — Undisclosed —
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthEBITDAMargin
2026 $1.6M 0% −$35M -2204%
2025 $1.6M 0% −$35M -2204%
2024 $1.6M 0% −$35M -2204%
2023 $1.6M 0% −$35M -2204%
2022 $1.6M 0% −$35M -2204%
2021 $1.6M 0% −$35M -2204%
2020 $1.6M — −$35M -2204%
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

Obalon Therapeutics website traffic

Latest recorded traffic for Obalon Therapeutics is 140 monthly website visits, down 92.2% over the last three months. Obalon Therapeutics's team declined 5.3% over the past year.

Latest monthly visits140 3-month web change-92.2% 1-year team growth-5.3%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

12 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A3 investors entered at this stage

  • Okapi Venture Capital
  • Domain Associates
  • AMOREPACIFIC Ventures

Series B and later6 investors entered at this stage

  • Square 1 Bank
  • InterWest Partners
  • Armentum Partners
  • Mirae Asset Venture Investment
  • Axon Ventures
  • Neoplux

Other known investors3 additional known investors

  • ReShape Lifesciences
  • Donald Lucas.
  • Lucas Venture Group
Team profiled 12 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Obalon Therapeutics on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

See Obalon Therapeutics’s full profile on Dealroom

Request a free trial to see the complete deal history, financials, people graph and growth signals.

Takes under a minute. Already use Dealroom? Log in.