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.
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.
Apps and channels of AlterG
its YouTube channel AlterG has 1.81K subscribers and 30 videos.
Videos from AlterG
The most watched videos on AlterG's YouTube channel, AlterG (1.81K subscribers). Click a video to play it here.
More on AlterG.
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.
- Total Funding $39.31M
- Total Rounds 10
- Last Round Debt – Conventional — $8M
- First Round $2.5M
(Apr 2007)
- Investors Count 11
All 10 funding rounds of AlterG with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2021 | $8M | Debt – Conventional | – | – | |
| Sep 2018 | $6M | Series C | – | Soreha, Revelation Partners | |
| Nov 2017 | $8M | Series C | – | BizCap | – |
| Nov 2017 | $3.5M | Debt – Conventional | – | – | |
| Jul 2015 | $15M | Debt – Conventional | – | – | |
| Aug 2012 | $10.31M | Series C | – | Versant Ventures | – |
| Jan 2011 | $2M | Series B | – | – | – |
| Jan 2009 | $8M | Series B | – | Versant Ventures | – |
| Jun 2008 | $2.5M | Series A | – | Funk Ventures | |
| Apr 2007 | $2.5M | Series A | – | Astrolabe Ventures | – |
12 investors in total: 12 institutional.
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 |
|---|---|---|---|---|
Direct secondary market investments are managed by Partner Ventures. | – | partnervc.com | Portola Valley, United States | |
Venture capital firm managing investments in biotechnology and pharmaceuticals since 1999. | – | versantventures.com | - | |
Direct lending is provided to small and mid-market companies. | 2012 | sienalending.com | Stamford, United States | |
Venture debt firm focused on the life sciences sector | 2002 | oxfordfinance.com | Alexandria, United States | |
- | – | astrolabeventures.com | - | |
- | – | funkventures.com | - | |
Manages alternative assets and provides private credit loans to sophisticated investors. | 2013 | cortlandcredit.ca | Toronto, Canada | |
Oupeide is engaged in distributing advanced rehabilitation equipment in China. | – | soreha.net | Beijing, China | |
Financial services are provided to healthcare companies by Revelation Partners. | 2013 | revelation-partners.com | San Francisco, United States | |
Small & middle market focused investment bank | 2002 | bizcap.com | San Francisco, United States |
Investor details for AlterG
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of AlterG
32 people are tracked at AlterG (9 in leadership, 5 in board & advisors, 18 in team).
| Name | Role | Group |
|---|---|---|
Charles Remsberg | CEO | Leadership |
Kevin Davidge | Chief Operating Officer | Leadership |
Rick Prince | Vice President of Design Engineering | Leadership |
Chad Woodmancy | Sales Director, US Medical | Leadership |
Matt Rudden | VP, Operations | Leadership |
Michael M. | VP of Technology | Leadership |
Fran Hackett | Senior Vice President Of Global Sales | Leadership |
Michael Coe | Director of Commercial Operations | Leadership |
Nicole Sandoval | Director, Quality Management System | Leadership |
Ross Jaffe | Board Member | Board & advisors |
Mark McKee | Board Member | Board & advisors |
David Grenewetzki | Executive Chairman | Board & advisors |
Antoni Mora | Board Member | Board & advisors |
William W. Potts | Board Member | Board & advisors |
Jason Parnell | Regional Account Manager-Arkansas,Oklahoma | Team |
Connor Horrigan | Regional Account Manager (Midwest) | Team |
Bayardo Vilchez | Field Engineer | Team |
Kaci Brandt, PT, DPT | Regional Sales Account Manager | Team |
Rick McKernan | Regional Sales Manager | Team |
Michael Swaim | Regional Account Manager | Team |
12 more people are available in the full profile.
Complete people profiles for AlterG
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Bionic legs and anti-gravity treadmills are developed for mobility restoration. | tibion.com | Sunnyvale, United States | 2002 | Jun 2013 | •••• |
Complete acquisition details for AlterG
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
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Timeline of AlterG
5 dated milestones of AlterG across 18 years, from founding to its latest funding, stage changes and deals.
- Founded AlterG is founded.
- Funding First funding round of $2.5M.
- Acquisition Acquires Tibion Corporation.
- Funding Latest funding round, Debt – Conventional, of $8.0M.
- Exit Acquired by Lifeward.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| onepeloton.com | 2011 | New York, United States | $995.53M | 7,144 | Smart fitness equipment and streaming platforms are provided. | |
| wahoofitness.com | 2010 | Atlanta, United States | $950,000 | 232 | Fitness equipment is offered via an online platform. | |
| echelonfit.com | 2017 | Chattanooga, United States | $65M | – | Smart indoor exercise bikes and live training classes are provided. | |
| technogym.com | 1983 | Cesena, Italy | – | – | Provider of cloud-based smart gym equipment and software | |
| gripable.co | 2016 | London, United Kingdom | $13.55M | 30 | Cloud-based rehabilitation devices and apps are provided for patient recovery. | |
| volava.com | 2017 | Barcelona, Spain | $4.15M | – | Indoor training cycles are provided via a connected fitness platform. | |
| gameready.com | 1997 | Concord, United States | $9M | 117 | Compression and cold therapy products | |
| bitgym.com | 2011 | San Francisco, United States | $25,000 | – | Fitness workouts are gamified using smart devices on cardio machines. | |
| rymo.in | 2020 | Navi Mumbai, India | $342,938 | 32 | Robotics and VR-based rehabilitation products for physical therapy are provided. |
Detailed competitors of AlterG
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Web traffic of AlterG
The website of AlterG (alterg.com) receives about 14.2K visits a month.
- Monthly visits14.2K
▲ 3.4% vs previous month
Websites whose visitors overlap most with AlterG. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
nhsportandspine.com | nhsportandspine.com | 100% | – | #9,498,450 | – |
| medicaldaily.com | 84% | – | #269,414 | View details | |
htherapy.co.za | htherapy.co.za | 80% | – | – | – |
| greatist.com | 64% | 621.3K | #81,515 | View details | |
cartilagedoc.org | cartilagedoc.org | 59% | – | – | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 11 similar websites and full traffic analytics for AlterG
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 11 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Alterg
Complete news archive for AlterG
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to AlterG
10 companies that operate in the same segment as AlterG (Orthopedics), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of high-frequency spinal cord stimulation implants | 2006 | Menlo Park, California, United States | USD 154.1 M | USD 353.08 M | 1,215 | |
Prosthetic and orthotic devices are developed for individuals with disabilities. | 1919 | Duderstadt, Lower Saxony, Germany | USD 17 M | USD 1.97 B | – | |
Developer of therapies for the treatment of musculoskeletal disorders | 2007 | Woburn, Massachusetts, United States | USD 62 M | USD 85.55 M | 692 | |
Developer of drugs for treating rare and autoimmune diseases | 2008 | Dublin, Ireland | USD 61.78 M | USD 617.41 M | – | |
Antibody-siRNA complexes are developed for cancer treatment. | 2012 | San Diego, California, United States | USD 142.54 M | USD 10.9 M | 391 | |
Smart surgical devices for spinal surgery are developed. | 1997 | San Diego, California, United States | USD 54.1 M | – | – | |
Robotic arms are provided for mobility and rehabilitation support. | 2004 | Boston, Massachusetts, United States | USD 17.21 M | USD 40.93 M | 185 | |
AI-powered drug discovery platform for various diseases | 2016 | New York, New York, United States | USD 608 M | – | – | |
Exoskeletons for medical rehabilitation and industrial productivity are provided. | 2005 | United States | USD 24.37 M | USD 71.6 M | 61 | |
Stabilization devices for healthcare are manufactured by the company. | 2005 | New York, New York, United States | USD 142.15 M | – | 43 |
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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. The company's 1st funding round was a Series A of $2.5M, raised on Apr 2007.
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.
AlterG operates through Alterg, Inc..
Yes. AlterG was acquired by Lifeward in August 2023.