Broomfield, CO – According to filings with the U.S. Securities and Exchange Commission, Alio is raising $34,261,084.00 in new funding. Sources indicate as part of senior management President and Chief Executive Officer, David Kuraguntla played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Alio

Patient populations deserve better care. We believe this is possible when physicians are empowered with actionable real-time data to make the most informed medical decisions possible. Alio Medical is medical technology company focused on providing peace of mind to dialysis patients through advanced remote monitoring. Alio provides wireless, remote, noninvasive monitoring of end stage kidney disease (ESKD) patients undergoing hemodialysis. Alio monitors dialysis patient blood flow by capturing and transmitting multimodal sensor data at regular intervals using quantitative analysis of optical, mechanical, acoustic, and thermal data related to blood flow and the composition of the blood itself. Alio remote monitoring utilizes a wearable device, the SmartPatch, placed over the patients vascular access graft to gather data and transmit it to a Hub located in the patients home. The Hub relays this raw data to the Alio Cloud where it is processed and analyzed utilizing Alios proprietary algorithms, developed using data collected pre- and post-dialysis in clinical centers in the US and UK. Alio clinically actionable data is accessed by the clinical team via a web-based data portal and the clinical team is alerted if an abnormality in any of a patients metrics is detected. Alio is designed to allow the dialysis patient healthcare team to partner effectively and enjoy simpler care coordination as well as more effective management of their patients health.

To learn more about Alio, visit http://alio.ai/

Contact:
David Kuraguntla, President and Chief Executive Officer
855-979-1600

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