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Alimetry

Auckland, NZ · Founded 2019 · 70 employees on LinkedIn · 7 known investors

Alimetry develops the Gastric Alimetry system, a non-invasive body surface gastric mapping device that provides objective diagnostics for patients with chronic gastrointestinal symptoms. It is used by hospitals and GI clinicians, with availability in New Zealand, Australia, the UK, and the US.

Also known as Gastric Alimetry

Founders & leadership

Alimetry was founded in 2019 by Greg O'Grady and Armen Gharibans.

GOGreg O'Grady
Greg O'GradyinCo-founder
AGArmen Gharibans
Armen GharibansCo-founder
KOKaren O'Regan
Karen O'ReganCBO
CSCraig Shannon
Craig ShannonCTO
CD
Christie DunwoodieCFO
CA
Christopher AndrewsCMO

Investors · 7

Also in the syndicate · 2

American Gastroenterological Association (AGA) GI Opportunity FundGD1 (Global from Day One)lead

Company profile

researched Aug 2026

Alimetry is a New Zealand digital health and diagnostics company that develops Gastric Alimetry, a non-invasive, radiation-free test that maps stomach function by measuring gastric myoelectrical activity from the skin surface, a technique the company calls Body Surface Gastric Mapping. The system combines a disposable adhesive array of 64 electrodes placed on the abdomen, a reader device that captures the signal, and a patient app used to log symptoms in real time during the test. A single outpatient session lasts about 4.5 hours, beginning with a 30-minute baseline recording followed by a standard meal, after which an automatically generated report is delivered to the treating clinician.

The test is positioned for patients with chronic gastric symptoms whose structural causes have been ruled out, including gastroparesis, reflux, chronic nausea and vomiting, functional dyspepsia, abdominal pain, cyclic vomiting syndrome, chronic bloating, post-meal discomfort and unexplained gastric symptoms. Alongside physiological data, the platform includes a Gut-Brain Wellbeing Survey that profiles mental health, so that gastric function, symptom experience and gut-brain factors are assessed together. Recorded gastric electrophysiology is transmitted to the cloud, where AI-based algorithms trained on large sets of test cases generate benchmarked, patient-specific results in the Gastric Alimetry Report. The company states it complies with HIPAA and GDPR and it has separate clinician-facing and pediatric clinician-facing offerings.

Contraindications and preparation requirements published by the company include fasting before the test, withholding medications that affect gastric emptying or GI motility, opioids, sedatives and certain other agents, and exclusion of patients with open abdominal wounds, fragile skin, or an inability to remain seated for the test duration; patients with a BMI over 35 are advised to discuss suitability with their physician.

Founding story

Armen Gharibans was completing a PhD in wearable devices at the University of California, San Diego when he met scientists from the Auckland Bioengineering Institute and became interested in Greg O'Grady's work on gastrointestinal physiology. He moved to New Zealand after O'Grady secured a grant in 2018, and the two co-founded Alimetry in 2019; Gharibans has credited O'Grady's prior medtech experience, including co-founding The Insides Company, and the support of the New Zealand research-commercialisation ecosystem as decisive in the company's formation.

Business model

Alimetry sells its diagnostic system to hospitals, GI centers and private clinics, where clinicians administer the Gastric Alimetry test; the model combines a wearable reader with disposable adhesive electrode arrays (consumables) and cloud-based automated report generation. Establishment of an American Medical Association Category III CPT code for Body Surface Gastric Mapping enables data collection toward reimbursement and use in both hospital and private clinic settings.

Revenue is derived from supplying the Gastric Alimetry system and its disposable consumables to clinical providers who perform the test; a CPT III reimbursement code covering the test supports billing and reimbursement pathways in the United States.

Traction

More than 30 clinical studies have been completed and over 50 peer-reviewed publications support the technology. Over 40 hospitals and clinics worldwide had signed on to use the device as of late 2024, and the company reported more than 2,500 patients served as of March 2024. Alimetry has obtained four FDA clearances as of 2024 plus a further FDA clearance for an AI analysis system in February 2026, clinical clearance in the United Kingdom and New Zealand, TGA approval in Australia, an AMA Category III CPT code, and ISO/IEC 27001 certification.

Latest developments

In August 2025 Alimetry announced TGA approval for Australia, followed by ISO/IEC 27001 certification in September 2025 and the appointment of Karen O'Regan as Chief Business Officer in November 2025. In February 2026 the company announced FDA clearance for an AI analysis system for gastric function, and in July 2026 it reported that an international gastroenterology expert working group had published a consensus framework. The company's GLP-1 related research received UK press coverage in August 2025.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Alimetry describes body surface gastric mapping as a first-of-its-kind non-invasive diagnostic aid for gut health, addressing a diagnostic gap where clinicians have lacked objective data for chronic gastric symptoms, which affect close to one in ten people. Adoption has been reported at more than 40 hospitals and clinics worldwide, and the technology has received multiple New Zealand innovation awards.

The system is non-invasive and radiation-free, requires no needles or endoscopic procedures, and delivers results from a single outpatient session rather than a sequence of inconclusive tests. It uniquely combines gastric electrophysiology with real-time patient symptom logging and a gut-brain wellbeing assessment in one multimodal platform, with AI-generated benchmarked reporting, regulatory clearances across several markets, and a dedicated CPT III reimbursement code.

Technology

The core technology is body surface gastric mapping: a highly sensitive wearable array detects gastric electrical currents, roughly 100 times weaker than cardiac signals, through the skin, analogous to an ultra-high-resolution ECG. Data captured during fasting, eating and digestion is uploaded to the cloud, where AI-powered algorithms trained on thousands of diverse test cases perform analysis and benchmarking to produce an automated, clinician-facing report combining electrical readings, real-time app-logged symptoms and gut-brain wellbeing measures.

Go-to-market

The company markets primarily to gastroenterologists, motility specialists and hospital GI departments, supported by more than 50 peer-reviewed publications, over 30 completed clinical studies, clinician testimonials and an appointed 'GI in Residence.' It maintains a patient-facing channel encouraging patients to ask their physician about the test and offering provider-locator assistance. Following FDA clearance and controlled market release in 2022, Alimetry expanded a US commercial function, based in Minneapolis, to drive adoption among US hospitals.

Hospitals, gastroenterology and motility clinics, and their clinicians, including pediatric GI clinicians; the end beneficiaries are patients with chronic, undiagnosed upper gastrointestinal symptoms.

Geography

R&D is headquartered in New Zealand, with US operations including a commercial team based in Minneapolis and consumables manufacturing in the United States. The test is used by clinicians in New Zealand, the United Kingdom, Canada and the United States, with regulatory approval obtained for Australia in 2025 and further approvals previously sought in Canada.

History

Alimetry was founded in 2019 by Greg O'Grady, a Professor of Surgery at the University of Auckland, and Armen Gharibans, building on research from the Auckland Bioengineering Institute and the Surgical Engineering Lab. The company participated in the ABI's Cloud-9 spin-out programme and received early support from the University of Auckland's UniServices, the Centre for Innovation and Entrepreneurship (including the Velocity $100k Challenge) and Callaghan Innovation. It raised $16m in 2022, entered controlled market release the same year following FDA clearance, secured a CPT III reimbursement code in February 2024, and closed an oversubscribed US$18m Series A2 in October 2024. Subsequent milestones include TGA approval for Australia (August 2025), ISO/IEC 27001 certification (September 2025), the appointment of Karen O'Regan as Chief Business Officer (November 2025), and FDA clearance for an AI analysis system for gastric function (February 2026).

Risks & controversies

The test is not suitable for all patients: the company lists contraindications including life-threatening conditions, inability to remain seated for the test duration, open wounds or inflamed abdominal skin, and fragile skin prone to tearing, and notes that patients with a BMI over 35 may not be suitable. Results can be affected by GLP-1 agonists and other medications, requiring physician-managed withholding. Insurance coverage varies by policy and insurer, and the CPT code is a Category III (data-collection) code rather than a permanent reimbursement code.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Completed clinical studiesOct 202430 studies
Electrodes in adhesive arrayJan 2026$64
FDA clearances receivedOct 20244 clearances
HeadcountAug 202670
Hospitals and clinics signed on to use the deviceOct 202440 sites
Patients servedMar 20242,500 patients
Peer-reviewed publicationsJan 202650 publications
Test durationJan 20264.5 hours

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 11

launches, deals, and filings
Jul 2026
International gastroenterology expert working group publishes consensus framework

source ↗

Feb 2026
FDA clearance for AI analysis system for gastric function

source ↗

Nov 2025
Karen O'Regan appointed Chief Business Officer

source ↗

Sep 2025
Alimetry achieves ISO/IEC 27001 certification

source ↗

Aug 2025
TGA approval secured for Australia

source ↗

Oct 2024
Alimetry raises oversubscribed US$18M Series A2

Oversubscribed US$18m A2 financing round led by GD1, with participation from the AGA GI Opportunity Fund, Olympus Innovation Ventures, IceHouse Ventures and existing investors, to commercialise its wearable gut health monitoring device in the US.

$18M source ↗

Feb 2024
CPT III reimbursement code secured for the Gastric Alimetry test

The American Medical Association assigned a Category III CPT code for Body Surface Gastric Mapping, describing the Gastric Alimetry test.

source ↗

Dec 2023
Ārohia Innovation Trailblazer Grant awarded by Callaghan Innovation

source ↗

Nov 2023
NZTE Excellence in Innovation Award 2023 at the NZ International Business Awards

source ↗

Mar 2022
Alimetry raises $16m for breakthrough product

$16M source ↗

Jan 2022
Controlled market release of Gastric Alimetry in the US following FDA clearance

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Alimetry do?
Alimetry makes Gastric Alimetry, a non-invasive wearable body surface gastric mapping test for diagnosing chronic gastric symptoms.
Who founded Alimetry?
Alimetry was founded by Greg O'Grady, Armen Gharibans in 2019.
Who are Alimetry's investors?
Alimetry's investors include Booster Innovation Fund, Cerity Partners Ventures, GD1, Matū, Movac.
Where is Alimetry headquartered?
Alimetry is headquartered in Auckland, NZ.