Companies · Other

Pulmonx Corp

REDWOOD CITY · Other

Diligence memoA one-page analyst read on Pulmonx Corp — recommendation, valuation, rhythm, risks.
$143.8M
Total raised · real
5
Rounds
1.3×
Latest step-up
Top 4%
Sector rank · raised
Series C
Latest stage · inferred · Tue Apr 16 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

Pulmonx Corp looks fair against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 1.37× the median modeled value of Series C Other companies in 2019–2021 (190 peers) — value vs value, same stage and era.
  • Within the normal band (137% of peer median) for its niche.
Dormant
  • Last raise 7.2 yr ago; this sector typically re-raises about every 11 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other

Pulmonx Corp is one of 25008 Other companies tracked from REDWOOD CITY. By capital raised it ranks among the largest (ahead of 97% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
18
Investors (latest)
2019-04-16
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$500M$1.0B$1.5B$2.0BSeries A · 2008-07-15 Raised $5.0M (real) Modeled valuation $76M (est)Series A2008Series A · 2008-07-15 Raised $12M (real) Modeled valuation $175M (est)Series A2008Series A · 2008-07-15 Raised $7.0M (real) Modeled valuation $106M (est)Series A2008Series A · 2008-07-15 Raised $8.6M (real) Modeled valuation $131M (est)Series A2008Series A · 2009-03-31 Raised $2.9M (real) Modeled valuation $43M (est)Series A2009Series B · 2010-02-09 Raised $34M (real) Modeled valuation $558M (est)Series B2010Series B · 2010-02-09 Raised $32M (real) Modeled valuation $525M (est)Series B2010Series B · 2012-01-31 Raised $10.0M (real) Modeled valuation $166M (est)Series B2012Series B · 2014-03-19 Raised $10.0M (real) Modeled valuation $166M (est)Series B2014Series C · 2015-06-08 Raised $50M (real) Modeled valuation $857M (est)Series C2015Series C · 2019-04-16 Raised $65M (real) Modeled valuation $1.1B (est)Series C2019Cumulative $235M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series A$5.0M · 2008
Series A extension$11.5M · 2008
Series A extension$7.0M · 2008
Series A extension$8.6M · 2008
Series A extension$2.9M · 2009
Series B$33.6M · 2010
Series B extension$31.6M · 2010
Series B extension$10.0M · 2012
Series B extension$10.0M · 2014
Series C$50.0M · 2015
Series C extension$65.1M · 2019

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 60%.

Modeled valuation trajectory
$1.1B
Base estimate est.
$251.8M
Conservative case
$2.9B
Upside case
$434.2M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Series A · modeled $75.7M · 2008-07-152008Series A · modeled $174.5M · 2008-07-15Series A · modeled $106.1M · 2008-07-15Series A · modeled $130.6M · 2008-07-15Series A · modeled $43.2M · 2009-03-31Series B · modeled $558.0M · 2010-02-09Series B · modeled $524.8M · 2010-02-09Series B · modeled $166.1M · 2012-01-31Series B · modeled $166.1M · 2014-03-19Series C · modeled $857.3M · 2015-06-08Series C · modeled $1.1B · 2019-04-162019
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
78%
Survival probability
58% low · 90% high
1.22×/yr
Annual markup
1.40×/yr upside case
6.0 yr
Elapsed time used
7.2 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
13 mo
Avg between rounds
$13.4M/yr
Capital velocity
18.0 yr
On record since
2008
First round
11
Rounds on file
How it compares to the market

Benchmarked against 25008 companies in Other. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 70× above median
This company$143.8M
Sector median$2.0M
Latest round — vs other Series C rounds in sector (real $, this stage) 1.3× above median
This company$65.1M
Sector median$50.0M
Modeled value — vs sector median (estimate, all stages) 63× above median
This company$1.1B
Sector median$17.7M

Raised more than 97% of sector peers (real $). Modeled value above 97% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #42 of 190.

This companyCohort peer
$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Lonnie Ray Williams Jr Trust · Series C Raised $100.0M · modeled $1.7B (est)Ault Life Sciences, Inc. · Series C Raised $100.0M · modeled $1.7B (est)Watchtower Topco, LLC · Series C Raised $99.7M · modeled $1.7B (est)Watchtower Management Holdco, LLC · Series C Raised $99.2M · modeled $1.7B (est)Alphaeon 1 LLC · Series C Raised $96.8M · modeled $1.7B (est)Jushi Acquisition Corp. · Series C Raised $92.3M · modeled $1.6B (est)Celebrands, LLC · Series C Raised $89.0M · modeled $1.5B (est)Dashlane, Inc. · Series C Raised $129.2M · modeled $1.5B (est)HES Facilities Holdings, LLC · Series C Raised $84.3M · modeled $1.4B (est)Surterra Holdings, Inc. · Series C Raised $98.0M · modeled $1.4B (est)Carmax Inc · Series C Raised $98.2M · modeled $1.4B (est)PEX Management Aggregator, LLC · Series C Raised $87.8M · modeled $1.4B (est)Pulmonx Corp (this company) Raised $143.8M · modeled $1.1B (est)Pulmonx Corp
CompanyStageRaised · realValue · estvs peer med.
Lonnie Ray Williams Jr TrustSeries C$100.0M$1.7B2.10×
Ault Life Sciences, Inc.Series C$100.0M$1.7B2.10×
Watchtower Topco, LLCSeries C$99.7M$1.7B2.09×
Watchtower Management Holdco, LLCSeries C$99.2M$1.7B2.08×
Alphaeon 1 LLCSeries C$96.8M$1.7B2.03×
Jushi Acquisition Corp.Series C$92.3M$1.6B1.94×
Celebrands, LLCSeries C$89.0M$1.5B1.81×
Dashlane, Inc.Series C$129.2M$1.5B1.78×
HES Facilities Holdings, LLCSeries C$84.3M$1.4B1.77×
Surterra Holdings, Inc.Series C$98.0M$1.4B1.74×
Carmax IncSeries C$98.2M$1.4B1.72×
PEX Management Aggregator, LLCSeries C$87.8M$1.4B1.69×
Pulmonx Corp this companySeries C$143.8M$1.1B1.37×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series A$5.0M2008-07-15$22.7M$75.7M85%
Series A$11.5M2008-07-15$52.4M$174.5M85%
Series A$7.0M2008-07-15$31.9M$106.1M85%
Series A$8.6M2008-07-15$39.2M$130.6M85%
Series A$2.9M2009-03-31$13.0M$43.2M85%
Series B$33.6M2010-02-09$186.6M$558.0M85%
Series B$31.6M2010-02-09$175.5M$524.8M85%
Series B$10.0M2012-01-31$55.6M$166.1M85%
Series B$10.0M2014-03-19$55.6M$166.1M85%
Series C$50.0M2015-06-08$333.3M$857.3M90%
Series C$65.1M2019-04-16$434.2M$1.1B90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series A$5.0M2008-07-15
    • First recorded raise — entered as Series A.
    • 9 investors on this round.
  2. Series A$11.5M2008-07-15
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.3× larger than the prior — scaling up.
    • 11 investors on this round.
  3. Series A$7.0M2008-07-15
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.6× smaller than the prior — bridge or down round.
    • 10 investors on this round.
  4. Series A$8.6M2008-07-15
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 10 investors on this round.
  5. Series A$2.9M2009-03-31
    • Raised 9 mo later, in step with the ~11 mo sector norm.
    • Round 3.0× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  6. Series B$33.6M2010-02-09
    • Raised 10 mo later, in step with the ~11 mo sector norm.
    • Round 11.8× larger than the prior — scaling up.
    • 18 investors on this round.
  7. Series B$31.6M2010-02-09
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 16 investors on this round.
  8. Series B$10.0M2012-01-31
    • Raised again after 24 mo — slower than the ~11 mo sector norm.
    • Round 3.2× smaller than the prior — bridge or down round.
    • 13 investors on this round.
  9. Series B$10.0M2014-03-19
    • Raised again after 26 mo — slower than the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • Switched to Rule 506(b) (was Rule 06).
    • 17 investors on this round.
  10. Series C$50.0M2015-06-08
    • Raised 15 mo later, in step with the ~11 mo sector norm.
    • Round 5.0× larger than the prior — scaling up.
    • 1 investor on this round.
  11. Series C$65.1M2019-04-16
    • Raised again after 46 mo — slower than the ~11 mo sector norm.
    • Round 1.3× larger than the prior — scaling up.
    • 18 investors on this round.
Intelligence
2020 ~Q2
Modeled next raise · ~13mo cadence
$84.8M
Modeled next size est.range $65.1M$135.7M
1.3×
Last step-up
$13.4M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Annette Campbell-White10 other2008-07
Michael Baker7 other2008-07
Dana G. Mead, Jr.6 other2015-06
Dana Mead6 other2010-02
Steve Salmon5 other2008-07
Howard Palefsky3 other2008-07
MARTIN SCHNEIDER1 other2014-03
Rodney Perkins, M.D.1 other2008-07
CHARLES G. CHON2019-04
GLENDON E. FRENCH2015-06
LAUREN CRISTINA2014-03
LAUREN G. CRISTINA2015-06
MICHAEL E. MATLY2015-06
Niyazi Beyhan2008-07
OERN G. STUGE2015-06
RICH E. FERRARI2015-06
Rich Ferrari2008-07
RODNEY E. PERKINS, M.D.2015-06
STAFFAN E. LINDSTRAND2015-06
Staffan Lindstrand2010-02
STEPHEN E. SALMON2015-06
Registry & provenance

Pulmonx Corp is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1127537
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Brainly, Inc.OtherSeries C$143.1M$1.3Bsame sector · same stage
Intelycare, Inc.OtherSeries C$142.1M$1.2Bsame sector · same stage
Expedition Topco LlcOtherSeries C$146.6M$917.3Msame sector · same stage
Blue Bottle Coffee, Inc.OtherSeries C$140.2M$1.3Bsame sector · same stage
Jasper Wireless IncOtherSeries C$151.2M$857.3Msame sector · same stage
SeatGeek, Inc.OtherSeries C$154.8M$949.4Msame sector · same stage
Ivanhoe Electric Inc.OtherSeries C$157.6M$1.0Bsame sector · same stage
Promachos Holding, Inc.OtherSeries C$130.4M$935.0Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Plutopian CorpOtherPre-Seed$12.7M82%
OncoSenX, Inc.OtherSeries A$7.2M82%
PJX Resources Inc.OtherPre-Seed$3.4M81%
Pucara Resources Corp.OtherSeed$67.7M81%
CloudMedx IncOtherSeries A$30.3M81%
Boxx Modular Holdings Inc.OtherSeries A$115.8M80%
NeuMoDx Molecular, Inc.Other Health CareSeries B$444.0M80%
Plantx Life Inc.OtherSeed$21.7M80%
Frequently asked
How much funding has Pulmonx Corp raised?
Pulmonx Corp has raised approximately $143.8M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Pulmonx Corp's estimated valuation?
Provath's modeled valuation for Pulmonx Corp is approximately $1.1B (modeled range $251.8M–$2.9B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Pulmonx Corp at?
Pulmonx Corp's latest modeled financing stage is Series C. Its most recent recorded round closed around Tue Apr 16.
What does Pulmonx Corp do and where is it based?
Pulmonx Corp operates in the Other sector, based in REDWOOD CITY.
Explore related

See where Pulmonx Corp sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at Pulmonx Corp, claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.