About AlterG
AlterG is a company based in Fremont (United States) founded in 2005 was acquired by Lifeward in August 2023. AlterG has raised $39.31 million across 10 funding rounds from investors including SVB, Lifeward and Oxford Finance. AlterG has completed 1 acquisition, including Tibion Corporation. AlterG offers products and services including Anti-Gravity Treadmill, NEO Treadmill, NEO+ Treadmill, and PRO Treadmill. AlterG operates in a competitive market with competitors including Peloton, Wahoo Fitness, Echelon, Technogym and GripAble, among others.
- Headquarter Fremont, United States
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Sectors
Healthcare
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Alterg, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$39.31 M (USD)
in 10 rounds
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Latest Funding Round
$8 M (USD), Debt – Conventional
Oct 15, 2021
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Investors
SVB
& 11 more
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Employee Count
Not available
- Investments & Acquisitions
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Acquired by
Lifeward
(Aug 08, 2023)
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Products & Services of AlterG
AlterG offers a comprehensive portfolio of products and services, including Anti-Gravity Treadmill, NEO Treadmill, NEO+ Treadmill, and PRO Treadmill.
Device for unweighted exercise to aid injury recovery and training.
Compact treadmill with air pressure for precise rehabilitation sessions.
Advanced system with gait analytics for enhanced physical therapy.
High-speed treadmill for athletic recovery and performance optimization.
People of AlterG
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Funding Insights of AlterG
AlterG has successfully raised a total of $39.31M across 10 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $8 million completed in October 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in AlterG
AlterG has secured backing from 12 investors, including institutional and venture fund investors. Prominent investors backing the company include SVB, Lifeward and Oxford Finance.
| Investor | Description | Founded Year | Domain | Location |
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Direct secondary market investments are managed by Partner Ventures.
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Venture capital firm managing investments in biotechnology and pharmaceuticals since 1999.
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Direct lending is provided to small and mid-market companies.
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Investor details for AlterG
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Investments & Acquisitions by AlterG
AlterG has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Tibion Corporation.
Investment portfolio details for AlterG
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic legs and anti-gravity treadmills are developed for mobility restoration.
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Complete acquisition details for AlterG
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Financial Statements - AlterG
Detailed financials for AlterG
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Alterg Comparisons
Peer comparison for AlterG
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Competitors of AlterG
AlterG operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Peloton, Wahoo Fitness, Echelon, Technogym and GripAble, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Smart fitness equipment and streaming platforms are provided.
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Fitness equipment is offered via an online platform.
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Smart indoor exercise bikes and live training classes are provided.
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Provider of cloud-based smart gym equipment and software
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Cloud-based rehabilitation devices and apps are provided for patient recovery.
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Detailed competitors of AlterG
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Latest news on Alterg
Complete news archive for AlterG
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Frequently Asked Questions about AlterG
AlterG was founded in 2005 and raised its 1st funding round 2 years after it was founded.
AlterG is headquartered in Fremont, United States. It is registered at Fremont, California, United States.
Charles Remsberg is the current CEO of AlterG.
AlterG is a funded company, having raised a total of $39.31M across 10 funding rounds to date.
AlterG was founded in 2005 in Fremont, United States, and operates within the rehabilitation sector. Hardware solutions, including the Anti-Gravity Treadmill with unweighting technology and gait analytics, are offered alongside software such as Stride Smart for data assessment and a Digital Video Monitoring System for real-time gait analysis. Services target physical therapists, athletic trainers, patients, seniors, and athletes across therapy and training applications.
AlterG's top competitors include Peloton, Wahoo Fitness and Echelon.
AlterG offers Anti-Gravity Treadmill, NEO Treadmill, NEO+ Treadmill, and PRO Treadmill.
AlterG has made 1 acquisition, including Tibion Corporation.
AlterG has 12 investors. Key investors include SVB, Lifeward, Oxford Finance, Revelation Partners, and Siena Lending Group.