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Alio
Wearable technology company enabling greater insights through clinical grade real-time data
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 dataAt 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
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES COther financing | Dec 2022 | $18M | $100M | Widjaja Family | ↗ |
| SERIES BOther financing | Jun 2021 | $20M | $80M | Thomas Krebs · Zekavat Investment Group | — |
Growth signals
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.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
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
- TKThomas Krebs
- ZGZekavat Investment Group
Series B and later1 investor entered at this stage
- WFWidjaja Family
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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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