
Avalyn
formerly Avalyn PharmaceuticalsAvalyn Pharma Inc | Targeted therapies for rare lung diseases
Boston, United States · Founded 2011 · $434.5M raised
- Headquarters
- Boston, Massachusetts
- Employees
- 11–50
- Founded
- 2011
- Business Model
- B2B
- Website
- avalynpharma.com
- Total Funding
- $434.5M
- Last Round
- $100.0M Series DJul 2025
- Rounds
- 6
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 $434.5M in total across 6 rounds, most recently a $100.0M Series D round in Jul 2025. Investors include SR One, Novo Holdings A/S and Shiv Chaudhary.
Tech & App Stack
5 technologies & apps tracked
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Funding History
Apr 2026
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Full funding history, per-round amounts, and investor participation.
Investors
SR One
2 rounds
Novo Holdings A/S
2 rounds

Shiv Chaudhary
2 rounds
Eight Roads Ventures
2 rounds
Suvretta Capital Management
1 round
Eventide Asset Management
1 round
Perceptive Advisors
1 round
Catalio Capital Management
1 round
F-Prime Capital
1 round
Pivotal bioVenture Partners
1 round
RiverVest Venture
1 round
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