About Openwater
Openwater is a company based in San Francisco (United States) founded in 2016 by Mary Lou Jepsen. Openwater has raised $54 million across 1 funding round from investors including Khosla Ventures, Plum Alley Investments and Bold Capital Partners. Openwater offers products and services including Open-LIFU 2.0 and Open-Motion 3.0. Openwater operates in a competitive market with competitors including Endotronix, Empatica, Edwards Lifesciences, CoachCare and BioIntelliSense, among others.
- Headquarter San Francisco, United States
- Founders Mary Lou Jepsen
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Sectors
HealthcareTechnology
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
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Total Equity Funding
$54 M (USD)
in 1 rounds
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Latest Funding Round
$54 M (USD), Series C
Aug 22, 2024
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Investors
Khosla Ventures
& 4 more
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Employee Count
Not available
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Products & Services of Openwater
Openwater offers a comprehensive portfolio of products and services, including Open-LIFU 2.0 and Open-Motion 3.0.
Ultrasound device for disease treatment studies in research settings.
Infrared and ultrasound tool for cell manipulation in medical trials.
Funding Insights of Openwater
Openwater has successfully raised a total of $54M through 1 strategic funding round. The most recent funding activity was a Series C round of $54 million completed in August 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Openwater
Openwater has secured backing from 5 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Khosla Ventures, Plum Alley Investments and Bold Capital Partners.
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Early-stage life sciences and tech focused VC firm investing primarily in the US
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Funds are raised for women entrepreneurs via donation-based crowdfunding.
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Investor details for Openwater
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Investments & Acquisitions by Openwater
Investment portfolio details for Openwater
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Financial Statements - Openwater
Detailed financials for Openwater
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Openwater Comparisons
Peer comparison for Openwater
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Competitors of Openwater
Openwater operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Endotronix, Empatica, Edwards Lifesciences, CoachCare and BioIntelliSense, among others.
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Miniaturized wireless implantable sensors are developed for hemodynamic monitoring.
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Developer of a wrist band to monitor physiological signals
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Medical devices for structural heart disease are developed and provided.
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Remote monitoring platform for tracking patient activity
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Vital signs are monitored via a single-use patch and platform.
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Contactless patient monitoring is provided for mental health facilities.
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Detailed competitors of Openwater
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Latest news on Openwater
Complete news archive for Openwater
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Frequently Asked Questions about Openwater
Openwater was founded in 2016 and raised its 1st funding round 8 years after it was founded.
Openwater is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Mary Lou Jepsen is the current CEO of Openwater. They have also founded this company.
Openwater is a funded company, having raised a total of $54M across 1 funding round to date.
Openwater was founded in 2016 in San Francisco, United States, by Mary Lou Jepsen as CEO. Operations focus on health technology, with imaging solutions developed for medical diagnosis and treatments. A wearable headset is offered to address cancer and mental diseases while enabling cerebral blood flow measurement. Activities are centered in the medical imaging sector, supporting therapeutic applications.
Openwater's top competitors include Endotronix, Empatica and Hyperfine.
Openwater offers Open-LIFU 2.0 and Open-Motion 3.0.
Openwater has 5 investors. Key investors include Khosla Ventures, Plum Alley Investments, Bold Capital Partners, Esther Dyson, and Peter Gabriel.