Alto Neuroscience
Multimodal biomarker discovery — EEG, ERP, wearables, speech, cognition — for precision psychiatry drug development; built the ERP biomarker program end to end.
Psychiatry prescribes without an objective signal for who will respond. Alto’s thesis was that such signals exist and can be measured — biomarkers drawn from EEG, wearables, and cognition that identify biomarker-positive patients and match the right drug to the right person. Joining meant, after years of building things without a target use case, working on something with a real product line in an area where treatments are genuinely inadequate.
Roughly the twenty-fifth employee, through to the IPO in February 2024 and on the floor of the New York Stock Exchange for the bell.
Five years of work across the full width of that thesis: an event-related-potential biomarker program built from nothing to a Phase 2 primary pharmacodynamic endpoint; discovery and validation pipelines over EEG, ERP, wearable, speech, and cognitive data from trial cohorts and legacy datasets; acquisition pipelines and QC dashboards used to onboard clinical sites and triage data quality during live collection; translational rodent electrophysiology; and, latterly, three production LLM tools for trial operations. First-author posters at SOBP 2025 and ACNP 2026.
What changed over those five years is where the leverage was. It started in signal processing — getting a clean measurement out of a noisy one. It ended in tooling: the constraint was rarely the analysis, it was everything wrapped around the analysis, and that is what the current independent work is pointed at.
Threads
- From acquisition to insight research · 2025-01 → ONGOING
- Translational rodent ERP analysis research · 2024-01 → 2025-12
- Biomarker discovery & validation research · 2021-08 → 2026-07
- Site data acquisition & QC engineering · 2021-08 → 2026-07
- ERP biomarker program research · 2021-08 → 2026-07
- LLM tooling for trials tooling · 2021-08 → 2026-07
- Instrumenting the body research · 2019-10 → ONGOING
- Soccer athletics · 2010-09 → ONGOING
On the record
- 2021-10-14Emerges from stealth with $40MSource ↗
- 2021-12-13ALTO-300 Phase 2a in MDD beginsSource ↗
- 2021-12-20ALTO-100 Phase 2a in MDD/PTSD beginsSource ↗
- 2022-02-03ALTO-300-004 Phase 2 beginsSource ↗
- 2022-06-01Pilot decentralized MDD trial beginsSource ↗
- 2022-10-25$35M Series B financing closesSource ↗
- 2023-01-10ALTO-100 Phase 2b in MDD beginsSource ↗
- 2023-01-10ALTO-100 Phase 2a results in MDDSource ↗
- 2023-01-13Pilot decentralized trial completesSource ↗
- 2023-01-30$60M in additional financingSource ↗
- 2023-04-26ALTO-300-004 primary completionSource ↗
- 2023-05-05ALTO-300 Phase 2a completesSource ↗
- 2023-06-08ALTO-300 Phase 2b in MDD beginsSource ↗
- 2023-09-26ALTO-100 PTSD cohort resultsSource ↗
- 2023-11-21$45M Series C financing closesSource ↗
- 2023-12-04ALTO-300 Phase 2a results at ACNPSource ↗
- 2024-01-12Files Form S-1 ahead of IPOSource ↗
- 2024-02-01IPO priced at $16.00 per shareSource ↗
- 2024-02-06IPO closes; $147.9M gross proceedsSource ↗
- 2024-03-21Reports full-year 2023 resultsSource ↗
- 2024-03-25ALTO-203 Phase 2 in MDD beginsSource ↗
- 2024-06-11ALTO-101 Phase 2 CIAS trial beginsSource ↗
- 2024-06-20Announces ALTO-101 CIAS Phase 2Source ↗
- 2024-07-16ALTO-101 CIAS trial first postedSource ↗
- 2024-07-16ALTO-100 Phase 2b enrollment completeSource ↗
- 2024-07-24Wellcome Trust convertible loanSource ↗
- 2024-09-05ALTO-100 Phase 2b primary completionSource ↗
- 2024-10-02ALTO-100 bipolar depression trialSource ↗
- 2024-10-22ALTO-100 Phase 2b topline resultsSource ↗
- 2025-01-13K2 loan amendment: up to $75MSource ↗
- 2025-02-12ALTO-300 Phase 2b interim analysisSource ↗
- 2025-04-14ALTO-203 primary completionSource ↗
- 2025-04-21ALTO-203 trial completesSource ↗
- 2025-06-03Acquires ALTO-207 and ALTO-208Source ↗
- 2025-06-26ALTO-203 biomarker and PD resultsSource ↗
- 2025-10-20Plans to accelerate ALTO-207 in TRDSource ↗
- 2025-10-20$50M private placementSource ↗
- 2026-01Patent issued covering ALTO-207Source ↗
- 2026-02-13ALTO-101 CIAS enrollment completeSource ↗
- 2026-03-16$120M private placementSource ↗
- 2026-04ALTO-207 Phase 2b in TRD initiatedSource ↗
- 2026-04-01ALTO-101 CIAS topline resultsSource ↗
- 2026-05-13Reports Q1 2026 resultsSource ↗
- 2026-07-13$100M direct offering pricedSource ↗
- 2026-07-14$100M direct offering closesSource ↗
Assets
patent
Patent US 2025/0120957 A1 — Treatment of neuropsychiatric disorders with tilivapram
2025-04-17
poster
Poster, SOBP 2025 — Translational utility of ERP and time-frequency features for CIAS: preclinical evaluation of MK-801 deficits and rescue by ALTO-101
2025-04
poster
Poster, SOBP 2025 — Gamma band EEG sample entropy, a patient selection biomarker for ALTO-300, is increased by dopamine depletion in humans and mice
2025-04
image
NYSE opening bell podium, IPO day
2024-02-02
image
NYSE trading floor with Alto branding
2024-02-02

