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Alio

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Wearable technology company enabling greater insights through clinical grade real-time data

Broomfield, United StatesFounded 2012Biotech & Life Sciences
Valuation $100–250M Last recorded · 2022
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Alio and the history behind them.

About Alio

Alio, Inc., formerly known as GraftWorx, is a medical technology company founded in 2012 by David Kuraguntla, Samit Gupta, and Robert Rushenberg. CEO David Kuraguntla's path to founding Alio was shaped by his experiences in the Air Force and medical school, where he identified a need for better technological solutions for managing chronic conditions. Drawing on his background as an NIH researcher and preparing for a surgical residency, he teamed up with co-founder Samit Gupta, a childhood friend with a PhD in biomedical engineering, to create the company.

The company operates in the remote patient monitoring market, focusing on individuals with chronic conditions, particularly those with end-stage kidney disease (ESKD) undergoing dialysis. Alio's business model centers on providing its monitoring platform to clinical sites and healthcare providers, with costs often covered by a patient's insurance. The core of their offering is the Alio Platform, an FDA-cleared system designed to capture and analyze clinical-grade data without invasive procedures. This platform consists of the SmartPatch™, a wearable device worn by the patient; a hub that wirelessly transmits the collected data to the cloud; and a web portal for clinicians.

The SmartPatch is a multi-metric device that monitors key physiological parameters painlessly. Its sensors can measure potassium levels, hemoglobin, hematocrit, skin temperature, and auscultation (the sounds of blood flow). This data is transmitted automatically, requiring no action from the patient, and is analyzed by Alio's proprietary AI-driven algorithms. The system generates actionable notifications for clinical care teams when readings fall outside of predetermined ranges, enabling early intervention to potentially reduce hospitalizations and improve patient outcomes. The platform is designed to supplement, not replace, traditional methods like monthly blood draws, by providing continuous insight into a patient's condition.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2012
Headquarters
Broomfield, United States
Employees
47
Open positions
None listed
Dealroom signal
66.3/100
Industry
Health
Sub-industry
BioTechnology, Medical Devices
Sector
Biotech & Life Sciences, Parking, Risk Management, Biotechnology, Cardiology and cardiovascular, Non-Invasive medical devices and treatments, Hard Tech, DT and LS, science-based
Technology
Deep Tech
Business model
Manufacturing
Client focus
b2c

Funding history

8 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES COther financing Dec 2022 $18M $100M Widjaja Family ↗
SERIES BOther financing Jun 2021 $20M $80M Thomas Krebs · Zekavat Investment Group —
Showing the latest 2 of 8 recorded eventsBook a demo for the full funding history →

Growth signals

Alio website traffic

Latest recorded traffic for Alio is 240 monthly website visits, down 81.5% over the last three months. Alio's team declined 6% over the past year.

Latest monthly visits240 3-month web change-81.5% 1-year team growth-6%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

CompanyHeadquartersStatusEmployeesTotal fundingValuation
Sadra MedicalFocused on developing minimal invasive alternatives to surgical valve replacement and improve patient care Campbell, United States Acquired 10 $62M $193M
DIR TechnologiesThermography-based inspection solutions for packaging quality assurance Haifa, Israel Operational
EndoSpanPre-clinical stage medical device startup developing a system for endovascular aortic aneurysm repair Herzliya, Israel Acquired
Vectorious Medical TechnologiesDeveloped an in-heart microcomputer that monitors the heart’s left atrium pressure, thereby enabling optimal treatment of heart disease patient Tel Aviv-Yafo, Israel Acquired
Second Heart AssistSecond Heart is developing a minimally invasive circulatory support platform based on proprietary aortic stent pump technology Santa Monica, United States Operational
Impeto MedicalImpeto Medical develops a non-invasive technology that analyzes the activities of sweat glands to detect early stages of diabetes. Paris, France Acquired
Silk Road MedicalDevelops and manufactures less-invasive medical devices to improve the treatment of vascular disease through proprietary transcarotid therapies Sunnyvale, United States Acquired
MindChild MedicalMindChild Medical is engaged in the development of non-invasive devices for monitoring fetal heart rates North Andover, United States Operational
Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Maryland Venture Fund

Series A2 investors entered at this stage

  • Thomas Krebs
  • Zekavat Investment Group

Series B and later1 investor entered at this stage

  • Widjaja Family
Team profiled 18 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇺🇸 United States82.3%
🇨🇦 Canada11.8%
🇫🇷 France5.9%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Alio on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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