United States · Series D startup

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.

BiotechHealthcare

Funding summaryUpdated 26 Oct 2026

$360Mraised across 5 rounds since 2015, from 5 sources

$60MSeries B$40MDebt$51MSeries C$77MSeries C$132MSeries D
Latest round
Series D, $132MAug 2018
Step-upi
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.

201620172018
$60MSeries B$40MDebt$77MSeries C$132MSeries D
First round
Series B, $60M
May 2015
Biggest round
$132M
Series D · Aug 2018
Usual gap between rounds
23 months
the median of 2

The rounds

  1. Aug 2018
    Series D$132M1 new4 returning

    Reported by FinSMEsSEC filing: $132M sold, first sale Aug 2018

  2. May 2017
    Series C$77M3 new2 returning

    Reported by FinSMEsSEC filing: $76M sold, first sale Apr 2017

  3. Jun 2015
    Debt$40M1 new

    From a historical funding recordSEC filing: $60M sold, first sale May 2015

  4. Jun 2015
    Series C$51M3 new3 returning

    From a historical funding recordSEC filing: $60M sold, first sale May 2015

  5. May 2015
    Series B$60M2 new

    From a historical funding recordSEC filing: $60M sold, first sale May 2015

Founders and team

From Outset Medical's own website: 12 on the team.

  • Leslie TriggChair and CEO
  • Brittni McGillChief Nursing Officer
  • Renee GaetaChief Financial Officer
  • Amelia MerrillVP, People Operations and Culture
  • Isaac StockwellVP, Information Technology
  • Brent D. LangDirector
  • D. Keith GrossmanLead Independent Director
  • John BrottemGeneral Counsel
  • Karen DrexlerDirector
  • Karen N. PrangeDirector
  • Kevin O’BoyleDirector
  • Patrick T. HackettDirector

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 B2015Debt2015Series C2015Series C2017Series D2018Warburg PincusThe Vertical GroupFidelityCRGPerceptive VenturesPartner FundPerceptive AdvisorsT. Rowe PricePartner Fund Management (PFM)T. Rowe Price Associates/ Fidelity

Everyone who backed them

Warburg PincusPrivate equity4rounds
The Vertical GroupVC firm3rounds
FidelityVC firm2rounds
CRGPrivate equity2rounds
Perceptive VenturesVC firm2rounds
Partner Fundno record of our own yet2rounds
Perceptive AdvisorsAsset manager1round
T. Rowe PricePrivate equity1round
T. Rowe Price Associates/ Fidelityno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

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.

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