Avalyn Pharma
Avalyn Pharma develops inhaled treatments for pulmonary fibrosis, with two drug candidates in clinical trials. The company has raised $373M in funding and employs 63 people.
The growth story
Avalyn Pharma grew from 26 to 63 employees between 2022 and 2026, raising $373M along the way, most recently a Series D in July 2025.
About
Avalyn Pharma creates inhaled versions of existing drugs to treat pulmonary fibrosis by delivering medication directly to the lungs. This approach aims to improve drug effectiveness while reducing side effects compared to oral therapies. Its lead candidate AP01 is in Phase 2b trials, while AP02 has completed Phase 1 studies.
The company has raised $373M, including a Series D round in 2025, backed by investors like Andera Partners and F-Prime. With 63 employees, Avalyn focuses on advancing its pipeline of inhaled therapies for progressive pulmonary fibrosis.
Founders and leadership
Operations is Avalyn's largest function, with 8 employees. The company has a median tenure of 2 years, suggesting moderate leadership stability.
The Avalyn Pharma org chart
Lyn Baranowski (Chief Executive Officer) leads 39 mapped leaders with 3 direct reports. Click +N to expand a team; names link to the person’s public profile.
Departments, and which ones grew
Headcount by function: Research 13 (+63% YoY), Healthcare Services 7 (0% YoY), Business Development 6 (-25% YoY), Product Management 5 (+67% YoY), Legal 5 (+400% YoY), Finance 3 (0% YoY).
Talent flow
Avalyn recruits heavily from Altavant Sciences and Roivant, with 6 hires from each. Other common talent sources include Enzyvant, AstraZeneca, and Boehringer Ingelheim. Alumni have moved to roles at Liquidia, Axonis Therapeutics, and Goldman Sachs.
Most common previous employers of Avalyn Pharma staff: Altavant Sciences (6), Roivant (6), Enzyvant (5), AstraZeneca (4), Boehringer Ingelheim (4), Novartis (3). Former Avalyn Pharma employees most often moved to Liquidia (2), Axonis Therapeutics (1), European Life Sciences Coalition (1), Perceptive Advisors (1), Harness Therapeutics (1), Goldman Sachs (1).
Alumni worth knowing
Hiring now
Web traffic
Traffic mix: 30% direct, 38% search, 5% social, 0% paid.
What this company is made of
Most common skills at Avalyn Pharma: Biotechnology (27), Pharmaceutics (27), Clinical Trials (24), Project Management (20), Clinical Research (19), Clinical Development (18), Microsoft Office (17), Cross-functional Team Leadership (17).
Where the team actually sits
Avalyn Pharma people are concentrated in North Carolina, United States (7), Massachusetts, United States (6), Greater Boston (6), United States (4).
Search footprint
Avalyn Pharma attracts about 130 organic search visits a month, traffic worth roughly $1K a month if bought through ads. It gained 18 ranking keywords and lost 15 in the last period.
Frequently asked
Avalyn Pharma has 63 employees as of September 2026.
Avalyn Pharma has raised $373M in total, most recently a Series D round in July 2025.
Lyn Baranowski (Chief Executive Officer) sits at the top of Avalyn Pharma's reporting structure, with 3 direct reports.
The most common previous employers of current Avalyn Pharma staff are Altavant Sciences (6 people), Roivant (6 people), Enzyvant (5 people).
Former Avalyn Pharma employees most often move to Liquidia (2), Axonis Therapeutics (1), European Life Sciences Coalition (1).
Avalyn Pharma attracts about 130 organic search visits a month, worth roughly $1K a month in equivalent ad spend.
The most common skills among Avalyn Pharma staff are Biotechnology, Pharmaceutics, Clinical Trials, Project Management, Clinical Research.
Avalyn Pharma staff are concentrated in North Carolina, United States (7), Massachusetts, United States (6), Greater Boston (6).
Avalyn Pharma has about 13 people in Research, up 63% over the past year, as of September 2026.
Avalyn Pharma has about 7 people in Healthcare Services, up 0% over the past year, as of September 2026.
Computed from 48 current and 31 former Avalyn Pharma profiles, as of September 2026. Source: Crustdata.
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