🦊/Companies

Lungpacer Medical

Exton, US · Founded 2009 · 58 employees on LinkedIn · 2 known investors

Find your way into Lungpacer Medical

266 people in our graph share verified history with the Lungpacer Medical team — schools, employers, funds. One of them is your warm intro.

Robert Garberunlockedknows Doug Evans · together at University of Pennsylvania (overlapped)
×5knows the team · via University of Pennsylvania
×2knows the team · via GE
×2knows the team · via Penn State University
knows the team · via Commonwealth University-Bloomsburg
knows the team · via Nagpur University

Lungpacer Medical develops neurostimulation technologies for critical care, focused on ventilator weaning to improve outcomes for patients. Its offerings are built by a team of clinical and engineering experts.

Founders & leadership

VTViral Thakkar
Viral ThakkarinChief Operating OfficerViral Thakkar has over 20 years of experience in medical device development and manufacturing, with background in leadership roles across product development, manufacturing operations, R&D, and quality functions. He is COO of Lungpacer Medical, which develops neurostimulation technologies for critical care applications.
RD
Rosemarie DhavaleinChief Financial Officer & VP of Human Resources2023–2026She brings over 25 years of financial and operational experience in the medical device and insurance industries, with expertise in corporate finance, fundraising, business valuation, and commercialization strategy across public and private organizations.
SK
Shannon KaustineninDirector of Finance
DEDoug Evans
Doug EvansinPresident and CEODoug Evans is President and CEO of Lungpacer Medical, which develops neurostimulation technologies for ventilator weaning in critical care. He previously served as Chief Operating Officer of Kensey Nash Corporation (acquired by Royal DSM for $360M) and held board positions at TELABio (NASDAQ: TELA), WhiteSwell Medical, and Intact Vascular (acquired by Philips Medical for $360M in 2020).
KK
Kevin KearneyinCCO
SP
Steven PfanstielinCFO

Board

JP
Jan PensaertBoard director
BD
Bob DonohueBoard director
GD
Guillaume DarnandBoard director
CK
Christopher KipleChair of the Board
JW
Joseph W. KaufmannBoard director
ML
Michael L. FavetBoard director

Investors · 2

Reported raises · per SEC filings

Form D private placements

$137.4M disclosed across 6 rounds · 2017–2026

$16MraisedJul 2026 · 2 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Douglas G. EvansExecutive Officer, Director
  • Joseph W. KaufmannDirector
  • Bob DonohueDirector
  • Christopher KipleExecutive Officer
  • Jan PensaertDirector
  • Jonathan ConlinExecutive Officer
  • Steven E. PfanstielExecutive Officer
  • Viral ThakkarExecutive Officer
Offering amount
$20M
Amount sold
$16M
First sale
Apr 2026
Incorporated
Corporation, British Columbia, Canada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$10MraisedApr 2025 · 2 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Jan PensaertDirector
  • Jonathan ConlinExecutive Officer
  • Bob DonohueDirector
  • Douglas G. EvansExecutive Officer, Director
  • Viral ThakkarExecutive Officer
  • Rosemarie DhavaleExecutive Officer
  • Christopher KipleExecutive Officer, Director
  • Joseph W. KaufmannDirector
Offering amount
$10M
Amount sold
$10M
First sale
Mar 2025
Incorporated
Corporation, British Columbia, Canada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$16MraisedDec 2022 · 3 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Joseph KaufmannDirector
  • Josh MakowerDirector
  • Jose Calle GordoDirector
  • Karen LongDirector
  • Christopher KipleExecutive Officer, Director
  • Douglas G. EvansExecutive Officer, Director
  • Jonathan ConlinExecutive Officer
  • Bob DonohueDirector
  • Nawzer MehtaExecutive Officer
  • Rosemarie DhavaleExecutive Officer
Offering amount
$21.1M
Amount sold
$16M
First sale
Dec 2020
Incorporated
Corporation, British Columbia, Canada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$20MraisedApr 2022 · 4 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Josh MakowerDirector
  • Chris KipleExecutive Officer, Director
  • Valeska SchroederDirector
  • Rosemarie DhavaleExecutive Officer
  • Lesley FronioExecutive Officer
  • Douglas G. EvansExecutive Officer, Director
  • Jonathan ConlinExecutive Officer
  • Joseph W. KaufmannDirector
  • Bob DonohueDirector
  • Jose Calle GordoDirector
  • Nawzer MehtaExecutive Officer
Offering amount
$30M
Amount sold
$20M
First sale
Apr 2022
Incorporated
Corporation, British Columbia, Canada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$55.8MraisedMay 2019 · 8 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Jonathan ConlinExecutive Officer
  • Josh MakowerDirector
  • Guillaume DarnandDirector
  • Michael FavetDirector
  • Joseph W. KaufmannDirector
  • Douglas EvansExecutive Officer, Director
Offering amount
$65M
Amount sold
$55.8M
First sale
Apr 2019
Incorporated
Corporation, British Columbia, Canada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$19.6MraisedJun 2017 · 15 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Douglas EvansExecutive Officer, Director
  • Shannon KaustinenExecutive Officer, Director
  • Michael L. FavetDirector
  • Guillaume DarnandDirector
Offering amount
$19.6M
Amount sold
$19.6M
Proceeds to insiders
$173.5K
First sale
May 2017
Incorporated
Corporation, British Columbia, Canada
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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Frequently asked questions

What does Lungpacer Medical do?
Lungpacer Medical develops neurostimulation technologies for critical care, focused on ventilator weaning to improve outcomes for patients. Its offerings are built by a team of clinical and engineering experts.
Who are Lungpacer Medical's investors?
Lungpacer Medical's investors include Keiretsu Forum, New Enterprise Associates (NEA).
How much funding has Lungpacer Medical raised?
Lungpacer Medical has disclosed $137.4M raised across 6 rounds.
Where is Lungpacer Medical headquartered?
Lungpacer Medical is headquartered in Exton, US.