OutSense Diagnostics Overview
OutSense Diagnostics is developing an IoT sensor for wellness monitoring and early detection of illness. The sensor uses imaging technologies to monitor essential health and wellness parameters and communicates them to the user with a mobile app. The company's primary goal is to prevent colorectal cancer by identifying hidden blood in stool. The OutSense clip-on toilet sensor is designed to be user friendly and includes a proprietary optical setup, data acquisition board, connectivity, and a mobile phone app. The hands-free sensor automatically scans every elimination and is capable of identifying minute traces of blood in stool. The OutSense sensor can perform hundreds of measurements per year, improving accuracy and compliance. The OutSense platform is also useful for other GI conditions, such as irritable bowel syndrome, Crohn's disease, and colitis, as well as for lifestyle and personalized nutrition applications.
Cumulative Funding Raised Over Time ($)
$1.0MDec 2018
$2.0MJul 2016
$2.5MJun 2021
$4.7MNov 2020
Latest News
growth-positive
OutSense to Transform Human Waste into Lifesaving Medical Insights -
Digital health startup OutSense has received an investment from Longevity Venture Partners to pilot its human waste detection technology. The pilot will be conducted in partnership with CommuniCare Family of Companies, a major U.S. healthcare enterprise. OutSense has developed an optical IoT device that can be attached to toilet bowls to analyze human waste for clinical conditions. The device identifies the optical footprint of feces and urine components, sends the data for AI analysis, and provides indications of various diseases. The technology aims to replace manual collection of human waste and enable continuous monitoring and remote diagnosis. OutSense is also conducting clinical trials in Israel and a pilot in Japan. The investment will support product development and preparations for large-scale production.
InvestmentPartners
growth-positive
OutSense expands its Series A funding with new investment from Longevity Venture Partners
OutSense, a company that produces a toilet-based IoT sensor for detecting early signs of illness, has extended its Series A round with a new investment from Longevity Venture Partners. The investment brings the total round to $2.7 million and will be used for product development and preparations for large-scale production. OutSense will be piloting its technology with CommuniCare Family of Companies, a U.S healthcare enterprise. The company is conducting clinical trials in Israel and Japan. The IoT device developed by OutSense can scan human waste and provide early indications of various diseases. The new investment and partnership with a major U.S. healthcare provider signal the potential for early detection of diseases and cost savings in healthcare.
InvestmentPartners
growth-positive
Toilet sensor set to transform colorectal cancer screening
OutSense, a healthcare technology company, has developed an early screening device for colorectal cancer that attaches to the toilet and operates automatically. The IoT sensor scans solid waste for traces of blood, which can be a sign of disease. The results are analyzed in real-time using computer vision algorithms and AI, and any abnormal results are sent to the users smartphone. The technology can also detect dehydration, urinary tract infections, constipation, and diarrhea. OutSense has completed preclinical and clinical studies and raised $2.2 million in a Series A funding round. The company plans to initiate the approval process with the US Food and Drug Administration next year and is looking for strategic partners.
Customers
OutSense's AI looks for life-threatening diseases in your poop - Thebritishjournal Reports - The British Journal
growth-positive
Tech in your toilet: OutSense raises $2.2 million for device that tests poo for health risks
Israel-based OutSense has raised $2.2 million in a series A round led by Peregrine Ventures to develop its IoT technology. The company has created an IoT device that can clip onto any toilet bowl and monitor human health via stool samples, helping to detect diseases such as colorectal cancer, dehydration, urinary tract infections, and constipation or diarrhea. The funds will be used to complete the product design and expand medical trials, with the aim of securing FDA approval. OutSense plans to focus on remote monitoring of the elderly, with the goal of creating the worlds largest database of human waste. The technology also has potential applications in detecting the onset of COVID-19 and personalized care.
InvestmentExpand
| Sector | Health Tech & Life Sciences |
Funding
| Total funding | $4.75M |
| Last funding | $500K |
| Stage | Acquired |
| Rounds | 5 |
| Investors | 4 |
Team Members
4
Employees: 11-50
Web & Social Links
| Website | outsensediagnostics.com/ |
Locations
Yoni Netanyahu St 6, Or Yehuda, Israel
Photos & Videos
1 item(s)
OutSense Diagnostics Business
Business models
B2B, B2B2C, B2C
Product stage
Clinical Trial
Employees
11-50
Sector
Health Tech & Life SciencesDigital HealthcareDigital Medical DiagnosticsTarget Customer
Healthcare & Life SciencesHealthcarePatientsProvidersConsumersDemographics & FamilySeniorsCore Technology
CommunicationsIOTSensingPlatforms & InterfacesMobileData StorageCloudArtificial IntelligenceTags (23)
gastroenterologymhealthwellnessmobile-applicationsactionable-insightspreventioniotdigital-healthcarediagnosticsnon-invasivesensorsoncologyearly-detectionmedical-devicesartificial-intelligencepatientsbig-datahealthcare-providerscloud-basedconsumersdoctorshospitalsseniorsGeographic Markets
JapanUnited StatesOutSense Diagnostics Financials
$4.75M
Total funding
Undisclosed
Capital raised
$500K
Last funding
Acquired
Funding stage
5
Total rounds
4
Investors
Cumulative Funding Raised Over Time ($)
$1.0MDec 2018
$2.0MJul 2016
$2.5MJun 2021
$4.7MNov 2020
Private Equity Funding
A Round
Jun 2021
$500K
Longevity Venture Partners (Lead)
A Round
Nov 2020
$2.2M
Peregrine Ventures (Lead)
Seed
Dec 2018
$1M
Incentive, TG Ventures
Seed
Jul 2016
$1M
TG Ventures, Incentive
Non-Equity Funding
GrantEvent
Jan 2017
$50K
EU Horizon 2020
Public Offering / Exit
MNAEvent
Nov 2022
Undisclosed
OutSense Diagnostics Lifecycle
Cumulative Funding Raised Over Time
$1.0MDec 2018
$2.0MJul 2016
$2.5MJun 2021
$4.7MNov 2020
All Events
A Round
Jun 2021
$500K
Longevity Venture Partners (Lead)
A Round
Nov 2020
$2.2M
Peregrine Ventures (Lead)
Seed
Dec 2018
$1M
Incentive, TG Ventures
Seed
Jul 2016
$1M
TG Ventures, Incentive
GrantEvent
Jan 2017
$50K
EU Horizon 2020
MNAEvent
Nov 2022
Undisclosed
OutSense Diagnostics News
7 articles
growth-positive
OutSense to Transform Human Waste into Lifesaving Medical Insights -
Digital health startup OutSense has received an investment from Longevity Venture Partners to pilot its human waste detection technology. The pilot will be conducted in partnership with CommuniCare Family of Companies, a major U.S. healthcare enterprise. OutSense has developed an optical IoT device that can be attached to toilet bowls to analyze human waste for clinical conditions. The device identifies the optical footprint of feces and urine components, sends the data for AI analysis, and provides indications of various diseases. The technology aims to replace manual collection of human waste and enable continuous monitoring and remote diagnosis. OutSense is also conducting clinical trials in Israel and a pilot in Japan. The investment will support product development and preparations for large-scale production.
InvestmentPartners
growth-positive
OutSense expands its Series A funding with new investment from Longevity Venture Partners
OutSense, a company that produces a toilet-based IoT sensor for detecting early signs of illness, has extended its Series A round with a new investment from Longevity Venture Partners. The investment brings the total round to $2.7 million and will be used for product development and preparations for large-scale production. OutSense will be piloting its technology with CommuniCare Family of Companies, a U.S healthcare enterprise. The company is conducting clinical trials in Israel and Japan. The IoT device developed by OutSense can scan human waste and provide early indications of various diseases. The new investment and partnership with a major U.S. healthcare provider signal the potential for early detection of diseases and cost savings in healthcare.
InvestmentPartners
growth-positive
Toilet sensor set to transform colorectal cancer screening
OutSense, a healthcare technology company, has developed an early screening device for colorectal cancer that attaches to the toilet and operates automatically. The IoT sensor scans solid waste for traces of blood, which can be a sign of disease. The results are analyzed in real-time using computer vision algorithms and AI, and any abnormal results are sent to the users smartphone. The technology can also detect dehydration, urinary tract infections, constipation, and diarrhea. OutSense has completed preclinical and clinical studies and raised $2.2 million in a Series A funding round. The company plans to initiate the approval process with the US Food and Drug Administration next year and is looking for strategic partners.
Customers
OutSense's AI looks for life-threatening diseases in your poop - Thebritishjournal Reports - The British Journal
growth-positive
Tech in your toilet: OutSense raises $2.2 million for device that tests poo for health risks
Israel-based OutSense has raised $2.2 million in a series A round led by Peregrine Ventures to develop its IoT technology. The company has created an IoT device that can clip onto any toilet bowl and monitor human health via stool samples, helping to detect diseases such as colorectal cancer, dehydration, urinary tract infections, and constipation or diarrhea. The funds will be used to complete the product design and expand medical trials, with the aim of securing FDA approval. OutSense plans to focus on remote monitoring of the elderly, with the goal of creating the worlds largest database of human waste. The technology also has potential applications in detecting the onset of COVID-19 and personalized care.
InvestmentExpand
growth-positive
Israeli Startup OutSense Will Scan Your Poop to Keep You Healthier
Israeli startup OutSense has developed an IOT device called SA1, a clip-on sensor for toilets that monitors and analyzes stool in real-time. The sensor communicates with a mobile app to provide actionable insights on gastrointestinal wellness, including screening for hidden blood, a tool for colon cancer detection. OutSense aims to replace current lab tests that lack accuracy and require stool handling. The technology has the potential to improve early detection of colorectal cancer, one of the deadliest forms of cancer. The companys growth prospects are positive as it addresses a significant healthcare challenge.
Customers
growth-positive
CICC Hosts Successful Medical Technology Summit
The California Israel Chamber of Commerce (CICC) announced the success of its CiMED 2017 Conference, which showcased innovative Israeli MedTech startups. The conference, held at Oracles Headquarters, attracted top-tier investors, medical professionals, insurance companies, and other players in the healthcare industry. NovellusDx and OutSense were voted the winners of the startup pitch competition. The CICC aims to strengthen commercial ties between Silicon Valley, Israel, and global companies.
Partners
OutSense Diagnostics Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 25 |
| Team members | 4 |
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OutSense Diagnostics Internal
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Admin Info
| Confidence | 98/100 |
| Missing | markets |
| BI Verification | Natalia Golczar |
| Registrar ID | 515394872 |
| Crunchbase | outsense |
| Creator | Yaara Kapp-Barnea |
| Creator email | yaara@outsense.co.il |
| Last updater | Yotam Maman |
| Updater email | yotamm1988@gmail.com |
| Last update | 2021-06-10T00:00:00.000Z |
| Created | 2016-07-12T00:00:00.000Z |
| Claimed | Yes |
| Status detail | Acquired by undisclosed on Nov, 2022 |