He served as Alio’s Vice President of Finance for the past year
Alio, a medical technology company reinventing the management of chronic disease, announced its new Chief Financial Officer (CFO), Adarsh Parekh, in addition to a few other key leadership hires. He served as Alio’s Vice President of Finance for the past year, helping to further reinforce the company’s trajectory and strategic planning, and aid in the initial close of its Series C fundraising round.
Parekh is a seasoned private equity and investment banking professional with over $2 billion of M&A, capital markets and direct investing experience as well as asset management experience across multiple sectors. Before joining Alio, Parekh served as Principal of a multinational private equity firm where he led the acquisition, strategic planning, financial operations and divestiture efforts for several vertically integrated portfolio companies resulting in outsized returns to investors. Parekh’s extensive on-the-ground asset management experience includes establishing and scaling organizations as well as transitioning conventional business models to recurring revenue-based operations.
“We are at such an exciting point in our growth trajectory as a company,” said Parekh. “Our technology has tremendous potential and I’m passionate about the impact we can have on those living with chronic conditions. It’s truly a privilege to join an extraordinary, mission-driven team delivering life-changing innovation to an underserved and overlooked patient population.”
Julia Quirk was recently named Alio’s Vice President of Human Resources.
“We have the opportunity to help so many people – to make better care possible, to avoid adverse health events, and reduce the cost to the system,” said David Kuraguntla, CEO and Co-Founder of Alio. “Adding seasoned leaders like Adarsh and Julia to our team will help us maintain our momentum and have the kind of impact we have always envisioned Alio would have. With millions of people around the world living with ESKD, we should leverage our technology to improve their lives and I have never been more confident in our team’s ability to deliver.”
