Hyperfine Announces Appointment of Alok Gupta as Chief Financial Officer
Gupta brings over 20 years of financial experience to Hyperfine during period of commercial expansion
GUILFORD, CT – August 23, 2021 — Hyperfine Inc., creator of the first FDA-cleared portable magnetic resonance imaging (MRI) device, Swoop™, today announced the appointment of Alok Gupta as the company’s chief financial officer.
“We are honored to welcome Alok Gupta to the Hyperfine senior leadership team,” said Hyperfine president and chief executive officer Dave Scott. “His leadership, extensive financial experience and passion for technological innovation will be instrumental as Hyperfine continues to grow and reach more patients through commercial expansion.”
Gupta brings over 20 years of experience in the financial and banking industry with a prior background in manufacturing systems and mechanical engineering. He will be responsible for overseeing Hyperfine’s strategic financial initiatives.
Prior to Hyperfine, Gupta served as the chief strategy and chief financial officer at Halio Inc., a smart glass technology company. He also previously served as the head of semiconductor and enterprise hardware investment banking at Mizuho Securities and in TMT investment banking at Citigroup. Gupta holds a B.E. in Mechanical Engineering, an M.S. in Manufacturing Systems Engineering, and an MBA from UCLA Anderson School of Management, where he specialized in banking & corporate finance.
“Hyperfine is catalyzing the medical imaging industry to become more accessible, affordable, and comfortable for patients, regardless of status or location,” said Gupta. “This is an incredibly exciting time to join the leadership team, at this critical point during its transformation to a global commercial-stage enterprise.”
Gupta joins the expanding Hyperfine team following the recent appointments of Dave Scott as president and chief executive officer, and Scott Huennekens as executive chairman.
Hyperfine’s mission is to make MRI accessible to every patient, regardless of income or resources. Anytime. Anywhere. Hyperfine designed the Swoop™ Portable MR Imaging System to overcome patient transport and dedicated room requirements associated with fixed conventional MRI systems. The Swoop™ system plugs into a standard electrical outlet, uses an Apple iPad® for control, and produces images at a patient’s bedside within minutes, allowing care teams to gain clinical information quickly. Fierce Medtech recently recognized Hyperfine as a 2020 Fierce 15 company for its innovative and creative approach to developing solutions for healthcare providers and patients. Hyperfine is part of 4Catalyzer, a portfolio of health technology companies with facilities in Connecticut, New York City, Palo Alto, California, and Taiwan.