4. Outset Medical
San Jose, Calif.
Venture capital raised: $132,000,000
Outset Medical raised $132 million during Q3 last year in its later stage of development, according to a MoneyTree report. The company was also one of the top 10 companies that raised the most VC in 2017, raising $76.5 million in its second quarter.
Outset Medical has developed a consumer dialysis machine that purifies its own water and generates dialysate when needed. The Tablo Hemodialysis System allows patients to manage treatments by themselves in a clinic or from the comfort of their home.
The company is also using new sensor technology to help move hemodialysis into the home. The company’s Tablo home hemodialysis platform features a touchscreen interface and is small in size, but its effectiveness lies in its sensors.