BREAKING: NuvoAir's Air Next spirometer earns FDA 510(k) clearance for full in-home use PROMISE study: 27% drop in medical spend vs. matched controls Nearly 1/3 fewer patients required inpatient care Total funding raised: $28M across seed + Series A Partners include Roche, Regeneron, Novartis Targeting the 500M people living with chronic lung disease BREAKING: NuvoAir's Air Next spirometer earns FDA 510(k) clearance for full in-home use PROMISE study: 27% drop in medical spend vs. matched controls Nearly 1/3 fewer patients required inpatient care Total funding raised: $28M across seed + Series A Partners include Roche, Regeneron, Novartis Targeting the 500M people living with chronic lung disease
Company Profile · Digital Respiratory Care
NuvoAir Medical logo

The hospital is too late. So they moved care home.

NuvoAir Medical builds the connected devices and the clinical team that watch a patient's lungs every day - not just the day they land in the ER.

Above: the NuvoAir wordmark, photographed mid-pivot from Stockholm startup to Boston care company.

Founded 2015 HQ Boston, USA ~71 employees Series A · $25M FDA-cleared device
Who they are now

A care team that lives inside the living room

It is a Tuesday in rural North Carolina. A 68-year-old with COPD blows into a device the size of a deck of cards. Two hundred miles away, a NuvoAir clinician sees the numbers dip and picks up the phone - days before that dip would have become an ambulance.

That scene is the entire company in miniature. NuvoAir Medical is a virtual-first cardiopulmonary care company: connected hardware in the patient's hand, software reading the signal, and real clinicians acting on it. Heart and lung conditions - COPD, asthma, congestive heart failure - are managed where people actually live, not where they get admitted.

The company started life in Stockholm as a respiratory-tech startup and has since planted its center of gravity in Boston. It is small - around 71 people - but it sits in the middle of three things that rarely cooperate: medical devices, software, and the unglamorous business of getting paid for keeping people healthy.

The healthcare system is not designed to help patients on a day-to-day basis, but only when patients end up in the hospital - which is always too late.

- Lorenzo Consoli, Founder & CEO
The problem they saw

Chronic lung disease is a slow emergency

Roughly 500 million people worldwide live with a chronic respiratory disease. Most of them are fine - until they are suddenly not. An exacerbation builds quietly over days, and the system tends to notice only at the expensive end of it: the emergency room, the inpatient bed, the readmission.

The data between appointments is the data nobody collects. A patient sees a pulmonologist a couple of times a year; the other 363 days are a blank chart. NuvoAir's founding observation was unfashionably simple - if you measure breathing at home, every day, you can act before the crisis instead of after it.

It sounds obvious. Obvious ideas, of course, are the ones everyone agrees with and nobody had bothered to build.

363 days a year, the chart is blank. NuvoAir's bet is that the blank days are where the disease actually happens.

- The thesis, in one line
The founder's bet

A company built from a childhood inhaler

Lorenzo Consoli did not arrive at respiratory care through a spreadsheet. He had severe asthma as a child, serious enough to put him in the hospital. His grandmother died of COPD. His young son has asthma too. The disease is, for him, a family fact.

In 2012 he worked on Novartis's digital health team, where he saw that digital biomarkers - a cough pattern, a lung-function trend - could predict where a patient was heading. He left to build the thing himself, founding NuvoAir around 2015-2016.

The bet was that connected measurement plus a human care team beats either one alone. A device without clinicians is a gadget. Clinicians without daily data are guessing. NuvoAir wagered the company on doing both, and on a harder business model: getting paid for outcomes, not visits.

A device without clinicians is a gadget. Clinicians without data are guessing. The whole company is the word 'and'.

- How NuvoAir frames its model
Milestones

From Stockholm garage to FDA clearance

2015 - 2016

NuvoAir is founded

Lorenzo Consoli launches the company in Stockholm; the Air Smart Spirometer ships in 2016.

2018

Air Next launches

A sleek Bluetooth home spirometer that fits in the palm of the hand, earning a CE mark as a Class IIa device.

2019

$3M raised

Seed round led by Industrifonden, with Investment AB Spiltan, to grow lung health worldwide.

2021

$12M Series A

Led by AlbionVC after a reported 500% growth quarter; Novartis's dRx Capital among the backers.

2022

Series A reaches $25M

An $11M extension led by Hikma Ventures fuels the U.S. care and clinical-trials platform.

2024

FDA clearance + new partners

Air Next earns FDA 510(k) clearance for full in-home spirometry; partnerships with Cary Medical Management and Privia Medical Group - Georgia expand reach.

The product

Small device, serious clearance

The flagship is the Air Next, a smartphone-connected spirometer small enough to ignore on a kitchen table. In January 2024 it earned FDA 510(k) clearance for full in-home spirometry - meaning patients can run comprehensive lung-function tests at home, with the results feeding a clinical team in real time. That clearance is the difference between a wellness toy and a regulated medical instrument.

Air Next Spirometer

FDA-cleared, Bluetooth, palm-sized. Full home spirometry for COPD, asthma and ALS.

NuvoAir Home Service

Virtual-first care: devices, remote monitoring and a clinical team supporting patients between visits.

Digital Care Platform

Remote monitoring, risk stratification, care coordination and automated reporting in one place.

Clinical Trials Platform

Decentralized respiratory trials for pharma and CROs, capturing endpoints remotely.

A spirometer you could lose in a sock drawer, cleared to do the work of a clinic's pulmonary lab.

The proof

The numbers that earn the pitch

Plenty of digital health companies promise to save the system money. NuvoAir put it in a study. The PROMISE interim report compared patients in the NuvoAir Home Service against matched controls on standard care, and the results are the kind that finance teams actually read.

What changed for enrolled patients

PROMISE study, six-month interim · NuvoAir Home Service vs. matched controls
Medical spend reduced
27%
Fewer inpatient cases
~33%
Urgent consults reduced
39%
Figures reported by NuvoAir from the PROMISE study and company materials. Bars scaled to percentage reduction.

A bar chart only a hospital CFO could love - which is rather the point.

The customer list backs the science. Provider partners have included Boston Children's Hospital and Dartmouth-Hitchcock Medical Center; pharma names like Roche, Regeneron and Novartis have run trials on the platform. In 2024 the company pushed into care delivery with Cary Medical Management in North Carolina and Privia Medical Group in Georgia.

$28M
Total funding raised
500M
People with chronic lung disease
2024
FDA in-home clearance
~71
Employees

Nearly one in three fewer patients ended up in an inpatient bed. The cheapest hospital visit is the one that never happens.

- Reading the PROMISE results
The mission

Make every moment count

NuvoAir's stated tagline is "Make Every Moment Count," which from most companies would be wall art. Here it has teeth: the entire model is about the moments between appointments, the slow days where an exacerbation quietly builds.

The mission is to let people with chronic heart and lung disease manage their health proactively from home, so that a clinician can step in early - before the hospital, not after it. It is care designed around the 363 blank days, not the two appointments.

Why it matters tomorrow

The next ambulance that doesn't get called

Healthcare is slowly, grudgingly moving from paying for visits to paying for outcomes. That shift is exactly the ground NuvoAir built on. As value-based contracts spread and home-based care becomes normal rather than novel, a company that can prove fewer hospitalizations - in a study, with a cleared device - is holding a useful hand.

Back to that Tuesday in North Carolina. The patient blows into the little device again. The numbers hold steady. No phone call, no ambulance, no admission - just an ordinary day at home. The crisis that didn't happen is invisible by design. That is the product working exactly as intended, and it is the future NuvoAir is quietly betting the whole company on.