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State of play: Remote respiratory monitoring

Erin Brodwin
Illustration of an overhead projector illuminating a square that says State of Play

Illustration: Natalie Peeples/Axios

Last updated Jan. 31, 2023

Several remote patient monitoring companies focused on respiratory health have attracted investor and acquisition interest in recent years.

  • Respiratory health management company Aluna inhaled $15.3 million in Series B capital.
  • Propeller Health, developer of a digital inhaler designed to track medication adherence, in 2019 was acquired by ResMed (NYSE: RMD) for $225 million.
  • NuvoAir, developer of a respiratory care platform, in January 2022 raised $25 million in Series A funding led by AlbionVC and Hikma Ventures.
  • Respiratory Motion, a respiratory monitoring technology developer, in 2022 was acquired by Senzime for $44 million.

Editor's note: This story has been updated to note that Propeller Health was acquired for $225 million, not $242.9 million.

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