Pulmatrix

Lexington, United States Founded: 2003 • Age: 23 yrs
Developer of therapeutics for the treatment of respiratory diseases
Request Access

About Pulmatrix

Pulmatrix is a company based in Lexington (United States) founded in 2003.. Pulmatrix has raised $67.11 million across 19 funding rounds from investors including NIH, HHS and DARPA. The company has 2 employees as of December 31, 2024. Pulmatrix offers products and services including iSPERSE™, PUR3100, PUR1900, and PUR1800. Pulmatrix operates in a competitive market with competitors including aTyr Pharma, ReCode Therapeutics, InterMune, GEn1E and Verona Pharma, among others.

  • Headquarter Lexington, United States
  • Employees 2 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Pulmatrix, Inc.
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
    $7.81 M
    6.96
    as on Dec 31, 2024
  • Net Profit
    $-9.56 M
    32.31
    as on Dec 31, 2024
  • EBITDA
    $-6.71 M
    49.42
    as on Dec 31, 2024
  • Total Equity Funding
    $67.11 M (USD)

    in 19 rounds

  • Latest Funding Round
    $45 K (USD), Post-IPO

    Jul 09, 2020

  • Investors
    NIH

    & 9 more

  • Employee Count
    2

    as on Dec 31, 2024

Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • Full access to every database India & global coverage, advanced filters and rich profile details
  • Always-on access from your team account Single premium plan for everything you see on the portal

IPO & Listings of Pulmatrix

Pulmatrix is a publicly listed company on the NASDAQ with ticker symbol PULM in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: PULM . Sector: Health technology · USA

Products & Services of Pulmatrix

Pulmatrix offers a comprehensive portfolio of products and services, including iSPERSE™, PUR3100, PUR1900, and PUR1800. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Innovative platform for pulmonary drug delivery to treat serious diseases.

Drug candidate for respiratory treatments in clinical development.

Pipeline drug for pulmonary disease management and innovation.

Advanced therapeutic in the company's pipeline for disease applications.

People of Pulmatrix
Headcount 10-50
Employee Profiles 3
Board Members and Advisors 17
Employee Profiles
People
Margaret Wasilewski
Chief Medical Officer
People
Peter Ludlum
Interim Chief Executive Officer
People
Valielza O’Keefe
Research Associate

Unlock access to complete

Board Members and Advisors
people
Robert Clarke
Advisor

Unlock access to complete

Funding Insights of Pulmatrix

Pulmatrix has successfully raised a total of $67.11M across 19 strategic funding rounds. The most recent funding activity was a Post-IPO round of $45 thousand completed in July 2020. 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
  • Total Rounds 19
  • Last Round Post-IPO — $45,000
  • First Round

    (01 Jun 2004)

  • Investors Count 10
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2020 Amount Post-IPO - Pulmatrix Valuation

investors

Apr, 2020 Amount Post-IPO - Pulmatrix Valuation

investors

Feb, 2019 Amount Post-IPO - Pulmatrix Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Pulmatrix

Pulmatrix has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include NIH, HHS and DARPA. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital fund backed incubator focused on the healthcare startups
Founded Year Domain Location
Venture capital firm focused on life science companies
Founded Year Domain Location
US focused venture capital firm
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Pulmatrix

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Pulmatrix

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Pulmatrix Comparisons

Employees
+
Add Comparison
Available on Premium

Competitors of Pulmatrix

Pulmatrix 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 aTyr Pharma, ReCode Therapeutics, InterMune, GEn1E and Verona Pharma, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Protein biologics are developed for treating rare diseases.
domain founded_year HQ Location
Precision medicines for lung-related diseases are developed.
domain founded_year HQ Location
Therapies in pulmonology and orphan fibrotic diseases.
domain founded_year HQ Location
Developer of therapeutics for the treatment of inflammatory and rare diseases
domain founded_year HQ Location
Respiratory disease drugs for asthma and COPD are developed.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Pulmatrix

Frequently Asked Questions about Pulmatrix

When was Pulmatrix founded?

Pulmatrix was founded in 2003 and raised its 1st funding round 1 year after it was founded.

Where is Pulmatrix located?

Pulmatrix is headquartered in Lexington, United States. It is registered at Lexington, Kentucky, United States.

Is Pulmatrix a funded company?

Pulmatrix is a funded company, having raised a total of $67.11M across 19 funding rounds to date. The company's 1st funding round was a Post-IPO of $2.49M, raised on Jun 01, 2004.

How many employees does Pulmatrix have?

As of Dec 31, 2024, the latest employee count at Pulmatrix is 2.

What is the annual revenue of Pulmatrix?

Annual revenue of Pulmatrix is $7.81M as on Dec 31, 2024.

What does Pulmatrix do?

Developer of therapeutics for the treatment of respiratory diseases. The company offers inhaled cationic airway lining modulator drugs, which stimulate host defense mechanisms within the airway to treat and prevent influenza, rhinovirus, and chronic pulmonary diseases. The company uses an inhaled dry powder platform, iSPERSE (inhaled small particles easily respirable and emitted) to engineer particles with high dispersibility. Its product portfolio includes PUR1900, an inhaled anti-fungal product candidate for CF; PUR1500 for the treatment of idiopathic pulmonary fibrosis (IPF) which intends to suppress the fibrotic pathway at the site of disease in the lung interstitium and PUR0200 for COPD.

Who are the top competitors of Pulmatrix?

Pulmatrix's top competitors include aTyr Pharma, ReCode Therapeutics and GEn1E.

What products or services does Pulmatrix offer?

Pulmatrix offers iSPERSE™, PUR3100, PUR1900, and PUR1800.

Is Pulmatrix publicly traded?

Yes, Pulmatrix is publicly traded on NASDAQ under the ticker symbol PULM.

Who are Pulmatrix's investors?

Pulmatrix has 10 investors. Key investors include NIH, HHS, DARPA, Arch Venture Partners, and 5AM Ventures.

What is Pulmatrix's ticker symbol?

The ticker symbol of Pulmatrix is PULM on NASDAQ.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available