O
Obalon Therapeutics
Gastric balloon technology that assists weight loss by inducing a feeling of fullness
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 dataAt 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
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Jun 2021 | $0 | — | ReShape Lifesciences | ↗ |
| POST IPO EQUITYOther financing | Aug 2019 | $17M | — | Undisclosed | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
| Year | Revenue | Growth | EBITDA | Margin |
|---|---|---|---|---|
| 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% |
Growth signals
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.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
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- DLDonald Lucas.
Lucas Venture Group
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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
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