Key facts
- Pleural Dynamics’s last known valuation is $5.8M (May 2020).
- It has raised $9.2M across 3 recorded rounds; the latest was Early Stage VC ($7.7M) in May 2023.
- Notable investors include Good Growth Capital, Engage Venture Partners, MedTech Angels, One One Five Group of Companies.
- 1 investment vehicle was formed to buy Pleural Dynamics shares in the last 12 months, reporting $632K sold to 16 investors, per SEC Form D filings.
- Pleural Dynamics has filed 6 Form Ds with the SEC since 2020, most recently Nov 2025 ($618K sold to 6 investors).
- Status: Privately Held (backing).
- ·Post-money valuations for all 3 rounds
- ·The complete investor list — 4 names
- ·Watchlist + deal alerts for Pleural Dynamics
Funding rounds
3 roundsSecondary demand: investment vehicles
from SEC Form D filingsIn the last 12 months, 1 investment vehicle were formed to buy Pleural Dynamics shares, reporting $632K sold to 16 investors. Most recent filing Dec 2025. Vehicles like these are how secondary buyers pool demand for a name; a rising count is a demand signal.
About Pleural Dynamics
Developer of medical devices designed to help eliminate recurrent pleural effusions with a pump. The company offers a fully implantable, breathing-powered device that continuously transfers excess fluid from the lungs to the abdomen, where it is naturally absorbed, enabling clinicians to reduce infection risk, eliminate the need for external catheters, and improve patient quality of life, while also offering significant healthcare cost savings.
- Sector
- Healthcare
- HQ
- Wayzata, MN, United States
- Founded
- 2020
- Employees
- 8
- Website
- pleuraldynamics.com/
- Ownership
- Privately Held (backing)
Pleural Dynamics doesn't have a composite mark yet — a PA Mark is published once enough pricing inputs exist (trade prints, fund marks, round prices). The rest of the record below builds toward it.
Recorded secondary trades
No secondary trades in Pleural Dynamics shares have been recorded yet. When a print lands — third-party, direct report, or platform — it appears here with structure, source, and price.
Institutional fund marks
No SEC-registered fund has reported a fair-value mark on Pleural Dynamics in its N-PORT filings yet. We sweep new filings monthly.