Avalyn

formerly Avalyn PharmaceuticalsIPO

Avalyn Pharma Inc | Targeted therapies for rare lung diseases

Public · Boston, United States · Founded 2011 · $372.5M raised

Employees
11–50
Founded
2011
Business Model
B2B
Total Funding
$372.5M
Last Round
$100.0M Series DJul 2025
Rounds
5
Type
Public

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Avalyn is a clinical-stage biopharmaceutical company developing inhaled formulations of approved medicines to treat rare respiratory diseases, including pulmonary fibrosis and other interstitial lung diseases. By delivering drugs directly to the lungs via inhalation, Avalyn aims to improve efficacy and reduce systemic side effects compared to existing oral treatments. The company is led by CEO Lyn Baranowski and CSO Mark Surber, PhD.

Summary

Avalyn is a Biotech company based in Boston, United States, founded in 2011. It has raised $372.5M in total across 5 rounds, most recently a $100.0M Series D round in Jul 2025. Investors include SR One, Novo Holdings A/S and Norwest Venture Partners.

Tech & App Stack

5 technologies & apps tracked

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Funding & Exit History

IPOApr 2026
$300.0M

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Funding: Seed through Series D. Amounts, valuations, and investors where available.

Investors

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