# Outset Medical funding: rounds and investors > Outset Medical has raised $360M across 5 rounds since 2015. Investors include Warburg Pincus, The Vertical Group and Fidelity. Every round with its source. Source: https://millionrounds.com/company/outset-medical (Millionrounds; every figure on the page links to its filing or article) United States · [Series D startup](https://millionrounds.com/companies) # Who invested in *Outset Medical* 5 rounds we have observed, with the 10 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Biotech Healthcare Funding summary Updated 26 Oct 2026 **$360M** raised across 5 rounds since 2015, from 5 sources **$60M** Series B **$40M** Debt **$51M** Series C **$77M** Series C **$132M** Series D - **Latest round:** Series D, $132M Aug 2018 - **Step-up i:** 1.7× - **Investors:** 10 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2016 2017 2018 **$60M** Series B **$40M** Debt **$77M** Series C **$132M** Series D - **First round:** Series B, $60M - **Biggest round:** $132M - **Usual gap between rounds:** 23 months ## The rounds - **Aug 2018** Series D **$132M** *1 new* *4 returning* [Fidelity](https://millionrounds.com/fund/fidelity) [Warburg Pincus](https://millionrounds.com/fund/warburg-pincus) [T. Rowe Price](https://millionrounds.com/fund/t-rowe-price) [Perceptive Ventures](https://millionrounds.com/fund/perceptive-ventures) Partner Fund Reported by FinSMEs SEC filing: $132M sold, first sale Aug 2018 - **May 2017** Series C **$77M** *3 new* *2 returning* [Warburg Pincus](https://millionrounds.com/fund/warburg-pincus) [The Vertical Group](https://millionrounds.com/fund/the-vertical-group) [Perceptive Ventures](https://millionrounds.com/fund/perceptive-ventures) Partner Fund T. Rowe Price Associates/ Fidelity Reported by FinSMEs SEC filing: $76M sold, first sale Apr 2017 - **Jun 2015** Debt **$40M** *1 new* [CRG](https://millionrounds.com/fund/crg-lp) From a historical funding record SEC filing: $60M sold, first sale May 2015 - **Jun 2015** Series C **$51M** *3 new* *3 returning* [Fidelity](https://millionrounds.com/fund/fidelity) [Warburg Pincus](https://millionrounds.com/fund/warburg-pincus) [Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) [The Vertical Group](https://millionrounds.com/fund/the-vertical-group) [CRG](https://millionrounds.com/fund/crg-lp) [Partner Fund Management (PFM)](https://millionrounds.com/fund/partner-fund-management-pfm) From a historical funding record SEC filing: $60M sold, first sale May 2015 - **May 2015** Series B **$60M** *2 new* [Warburg Pincus](https://millionrounds.com/fund/warburg-pincus) [The Vertical Group](https://millionrounds.com/fund/the-vertical-group) From a historical funding record SEC filing: $60M sold, first sale May 2015 ## Founders and team From Outset Medical's own website: 12 on the team. - **Leslie Trigg** Chair and CEO - **Brittni McGill** Chief Nursing Officer - **Renee Gaeta** Chief Financial Officer - **Amelia Merrill** VP, People Operations and Culture - **Isaac Stockwell** VP, Information Technology - **Brent D. Lang** Director - **D. Keith Grossman** Lead Independent Director - **John Brottem** General Counsel - **Karen Drexler** Director - **Karen N. Prange** Director - **Kevin O’Boyle** Director - **Patrick T. Hackett** Director ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Series B** 2015 **Debt** 2015 **Series C** 2015 **Series C** 2017 **Series D** 2018 [Warburg Pincus](https://millionrounds.com/fund/warburg-pincus) [The Vertical Group](https://millionrounds.com/fund/the-vertical-group) [Fidelity](https://millionrounds.com/fund/fidelity) [CRG](https://millionrounds.com/fund/crg-lp) [Perceptive Ventures](https://millionrounds.com/fund/perceptive-ventures) Partner Fund [Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) [T. Rowe Price](https://millionrounds.com/fund/t-rowe-price) [Partner Fund Management (PFM)](https://millionrounds.com/fund/partner-fund-management-pfm) T. Rowe Price Associates/ Fidelity ## Everyone who backed them [Warburg Pincus](https://millionrounds.com/fund/warburg-pincus) Private equity **4** rounds [The Vertical Group](https://millionrounds.com/fund/the-vertical-group) VC firm **3** rounds [Fidelity](https://millionrounds.com/fund/fidelity) VC firm **2** rounds [CRG](https://millionrounds.com/fund/crg-lp) Private equity **2** rounds [Perceptive Ventures](https://millionrounds.com/fund/perceptive-ventures) VC firm **2** rounds Partner Fund no record of our own yet **2** rounds [Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) Asset manager **1** round [T. Rowe Price](https://millionrounds.com/fund/t-rowe-price) Private equity **1** round [Partner Fund Management (PFM)](https://millionrounds.com/fund/partner-fund-management-pfm) Growth equity **1** round T. Rowe Price Associates/ Fidelity no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=outset-medical). ## Quick answers about Outset Medical ### Who invested in Outset Medical? Outset Medical's investors include Warburg Pincus, The Vertical Group, Fidelity, CRG and Perceptive Ventures, and 5 more on record. ### How much has Outset Medical raised? Outset Medical has raised $360M across 5 rounds since 2015. ### When did Outset Medical last raise? Outset Medical's most recent round was a Series D of $132M in Aug 2018. ### What was Outset Medical's biggest round? Its most recent round, $132M in Aug 2018, is also its largest on record. ### Who backed Outset Medical first? Outset Medical's first round on record, in May 2015, was backed by Warburg Pincus and The Vertical Group. ### What stage is Outset Medical at? Outset Medical's latest named round is a Series D, in Aug 2018. ### Where is Outset Medical based? Outset Medical is based in the United States. ## Companies like Outset Medical In the same sector, and raised in the last eighteen months. [**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**Prolific Machines** $105M · Oct 2026](https://millionrounds.com/company/prolific-machines)[**AI** $18M · Oct 2026](https://millionrounds.com/company/ai)[**Baba** $40M · Oct 2026](https://millionrounds.com/company/baba)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app