Natick, Massachusetts –(Business Wire) — Allurion, a company dedicated to fighting obesity, announced today that it has been named to the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech and energy technology companies in North America. Technology Fast 500 winners are selected based on percentage revenue growth from fiscal years 2018 to 2021. Allurion has grown 444% over that period.
Founder and CEO of Allurion, Ph.D. Shantanu Gaur attributes the company’s rapid growth to the size of the market opportunity, Allurion’s game-changing innovations, and a best-in-class team. “We are proud of the rapid growth we have achieved in such a short period of time and have an exciting pipeline of innovations that will continue to drive future expansion,” he said.Allurion’s success is a testament to the quality and capabilities of our entire team, and their commitment to our mission to end obesity worldwide. ”
Allurion also announced today that it has been named a MedTech Outlook “Top 10 European medical technology companies in 2022. ”
The annual list recognizes 10 European startups at the forefront of delivering medtech solutions and transforming businesses in the region.
Benoit Chardon, Allurion’s chief commercial officer, said the international rankings and awards are recognition of Allurion’s bold and innovative approach. “The award not only recognizes Allurion’s innovative approach to creating the world’s first full-stack weight loss platform, but also the tremendous growth the company has experienced,” he said.Allurion has become a powerful global brand while pioneering the future of non-invasive medical weight loss. With more than 100,000 patients treated in 60 countries, we have the ability to penetrate new markets and help millions of people create healthier futures through our holistic weight loss programs. ”
About the 2022 Deloitte Technology Fast 500™
now at its 28day This year, the Deloitte Technology Fast 500 provides a ranking of North America’s fastest-growing technology, media, telecommunications, life sciences, fintech and energy technology companies, both public and private. Technology Fast 500 winners are selected based on percentage revenue growth from fiscal years 2018 to 2021.
To qualify for Technology Fast 500 recognition, a company must own proprietary intellectual property or technology in products sold to customers that contribute the majority of the company’s operating revenue. The company’s base year operating income must be at least $50,000, and the year’s operating income must be at least $5 million. Additionally, companies must be in business for at least four years and be headquartered in North America.
Allurion is committed to ending obesity. The Allurion Program is a 360-degree weight loss experience that includes the world’s first and only swallowable, procedure-free* gastric balloon for weight loss, the Allurion Gastric Balloon, Allurion Virtual Care including the Allurion mobile app for consumers suite, the Allurion Insights Iris AI platform for clinicians, and the Allurion Connected Scale and Health Tracker devices. The Allurion Virtual Care Suite is now available to providers independently of the Allurion plan to help customize, monitor and manage patients’ weight loss treatments, regardless of their treatment plan: gastric balloon, surgery, medical or nutritional.
Learn more about Allurion online at www.allurion.com.
Allurion is a trademark of Allurion Technologies, Inc. in the United States and countries around the world.
*In rare cases, the Allurion Balloon may require endoscopic or surgical intervention for removal.
Deloitte means one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms and their related entities. DTTL and each of its member firms are legally separate entities. DTTL (also known as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the U.S. member firms of DTTL, its related entities operating in the United States under the name “Deloitte” and their respective affiliates. Certain services may not be available to clients under public accounting rules and regulations. Please visit www.deloitte.com/about to learn more about our global network of member firms.