Outset Medical

Outset Medical

Dialysis treatment and training solutions

About Outset Medical

Simplify's Rating
Why Outset Medical is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Biotechnology

Healthcare

Company Size

501-1,000

Company Stage

IPO

Total Funding

$542.8M

Headquarters

San Jose, California

Founded

2010

Overview

Outset Medical improves dialysis treatment by offering the Tablo system, which integrates with electronic medical record (EMR) platforms to streamline workflows and manage patient data effectively. They provide educational programs and hands-on training for dialysis professionals, including a Vascular Access Program and a Bridge Program to support facilities transitioning to in-house dialysis services. Outset Medical stands out by delivering a comprehensive approach to dialysis care across hospitals, outpatient clinics, and home settings. Their goal is to enhance the quality of care for dialysis patients through effective training and integrated technology.

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Funded Recently
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Simplify's Take

What believers are saying

  • Increased adoption of home dialysis solutions aligns with Outset Medical's offerings.
  • FDA's accelerated approval process benefits Outset Medical's innovative product developments.
  • Growing emphasis on cybersecurity highlights Outset Medical's FIPS 140-3 validation for Tablo.

What critics are saying

  • Class action lawsuits pose financial and reputational risks to Outset Medical.
  • Shipment pause of TabloCart with Prefiltration could disrupt supply chains and customer trust.
  • Retiring $200 million in prior debt may strain resources and impact growth investments.

What makes Outset Medical unique

  • Outset Medical's Tablo system integrates seamlessly with EMR platforms for efficient data management.
  • The company offers a unique Vascular Access Program to enhance staff expertise in cannulation.
  • Outset Medical's Bridge Program supports facilities transitioning to in-house dialysis services.

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Funding

Total Funding

$542.8M

Above

Industry Average

Funded Over

10 Rounds

Private Placement VC funding comparison data is currently unavailable. We're working to provide this information soon!
Private Placement VC Funding Comparison
Coming Soon

Benefits

Medical, dental, & vision

Life Insurance/AD&D

FSA & HSA

401k

Parental leave

Pet insurance

Tuition reimbursement

PTO

Company events

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

1%

2 year growth

2%
The Healthcare Technology Report
Jan 27th, 2025
Outset Medical Raises $169 Million Through Private Placement Financing

In addition to the private placement, Outset secured a $100 million term loan from Perceptive Advisors, with an option for $25 million more.

Benzinga
Jan 6th, 2025
Outset Medical Secures $169M Financing

Outset Medical announced a $169 million private placement financing, issuing 843,908 shares of Series A Non-Voting Convertible Preferred Stock at $200 per share. The company also secured up to $125 million in debt financing maturing in 2030, with plans to retire $200 million in prior debt. The financing was led by PFM Health Sciences and Perceptive Advisors. Outset reported unaudited Q4 revenue of $29 million and 2024 revenue of $113 million. The transactions are expected to close by January 8, 2025.

Business Wire
Oct 18th, 2024
Berman Tabacco Announces that it has Filed a New Class Action Complaint Against Outset Medical, Inc. with an Expanded Class Period

Berman Tabacco announces that it has filed a new class action complaint against Outset Medical, Inc. with an Expanded Class Period.

Corsec
Sep 25th, 2024
Outset Medical Validates Tablo System to FIPS 140-3

To achieve this milestone, Outset partnered with Corsec, completing the validation at a Level 1 as seen in certificate #4812.

PR Newswire
Sep 3rd, 2024
SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Outset Medical, Inc. - OM

Then, on August 2, 2023, Outset Medical issued a press release announcing a "Shipment Pause of TabloCart with Prefiltration Pending 510(k) Clearance."

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