Renalytix

Renalytix

RENX.LPre-clinical
London, United KingdomFounded 2018renalytix.com

Renalytix is a leader in applying artificial intelligence and machine learning to kidney disease diagnostics, with a mission to enable early-stage prediction and risk stratification. Its core technology platform integrates diverse data inputs—including electronic health records, validated biomarkers, and genetic information—to generate actionable clinical insights. The company's primary commercial focus is its KidneyIntelX test, which has received FDA De Novo marketing authorization for specific patient populations and is navigating the U.S. healthcare reimbursement landscape. Renalytix faces significant challenges, including commercialization execution, securing broad insurance coverage, and a constrained financial position, but its AI-driven approach represents a novel strategy in the chronic kidney disease market.

Market Cap
$10.9M
Founded
2018
Employees
50-100
Focus
Biotech

RENX.L · Stock Price

USD 2.50277.50 (-99.11%)

Historical price data

AI Company Overview

Renalytix is a leader in applying artificial intelligence and machine learning to kidney disease diagnostics, with a mission to enable early-stage prediction and risk stratification. Its core technology platform integrates diverse data inputs—including electronic health records, validated biomarkers, and genetic information—to generate actionable clinical insights. The company's primary commercial focus is its KidneyIntelX test, which has received FDA De Novo marketing authorization for specific patient populations and is navigating the U.S. healthcare reimbursement landscape. Renalytix faces significant challenges, including commercialization execution, securing broad insurance coverage, and a constrained financial position, but its AI-driven approach represents a novel strategy in the chronic kidney disease market.

Technology Platform

An artificial intelligence-enabled clinical diagnostics platform that integrates electronic health record data, validated biomarkers, and genetic information to generate bioprognostic risk scores for disease progression, starting with kidney disease.

Funding History

3

Total raised: $61M

IPO$29MUndisclosedNov 27, 2020
Series A$29MBabcock & BrownJun 15, 2019
Seed$3MUndisclosedJun 15, 2018

Opportunities

The massive, growing global burden of diabetic kidney disease presents a significant addressable market.
The recent availability of new kidney-protective drug classes (SGLT2 inhibitors, GLP-1s) creates a tangible clinical action for high-risk patients identified by KidneyIntelX, enhancing its value proposition.
The AI platform also offers potential for expansion into prognostic tests for other chronic diseases.

Risk Factors

The company faces existential commercialization risk, primarily dependent on securing broad insurance reimbursement for its test.
It has a history of significant operating losses and negative cash flow, raising concerns about financial sustainability and the need for further dilutive capital raises.
Clinical adoption by physicians against the entrenched standard of care is also a major hurdle.

Competitive Landscape

Renalytix competes against the low-cost standard of care (eGFR/UACR), other biomarker companies, and large diagnostic labs. Its key differentiators are its FDA De Novo authorization for a prognostic test in early diabetic kidney disease and its AI-driven, multi-modal platform. However, competition is intensifying in the digital nephrology space.

Company Info

TypeDiagnostics
Founded2018
Employees50-100
LocationLondon, United Kingdom
StagePre-clinical
RevenueEarly Revenue

Trading

TickerRENX.L
ExchangeLSE AIM, NASDAQ

Therapeutic Areas

NephrologyMetabolic Disease

Partners

Mount Sinai Health SystemU.S. Veterans Health Administration
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