How Much Did Tasso Raise?
Funding & Key Investors

Tasso, a company focused on bringing diagnostic testing to the home, has secured significant enterprise-level funding, with its total capital raised standing at $125.4M. The company recently announced a major strategic investment of $100M, underscoring its growth and market potential in the home diagnostics sector. This latest financing round follows a series of previous funding rounds, indicating a consistent trajectory of development and expansion.

What is Tasso?

Tasso
Healthcare ServicesMedical Laboratories & Imaging CentersManufacturing

Tasso's core mission is to enhance patient experience and improve health outcomes by making diagnostic testing accessible at home. The company aims to empower individuals to make more informed healthcare decisions, thereby improving their overall quality of life. This strategic focus positions Tasso at the intersection of healthcare innovation and consumer convenience, addressing a growing demand for personalized and accessible medical solutions. The company's commitment to advancing home diagnostics is a key driver of its market presence.

How much funding has Tasso raised?

Tasso has raised a total of $125.4M across 4 funding rounds:

2014

Grant

$2.3M

2019

Other Financing Round

$6.1M

2020

Series A

$17M

2021

Series B

$100M

Grant (2014): $2.3M, investors not publicly disclosed

Other Financing Round (2019): $6.1M led by Vertical Venture Partners

Series A (2020): $17M, investors not publicly disclosed

Series B (2021): $100M featuring InCube, D. E. SHAW, Senvest Capital, RA Capital Management, and SVB Innovation Fund

Key Investors in Tasso

Senvest Capital

Senvest Capital, established in 1968 and based in Montreal, Canada, is a holding company with a diversified investment portfolio, including interests in investment management and direct investments in both public and private securities.

D. E. SHAW

D. E. Shaw, founded in 1988, is a prominent asset management firm headquartered in New York, specializing in quantitative investing strategies.

Vertical Venture Partners

Vertical Venture Partners is an investment firm that likely focuses on innovative companies, as indicated by its name and participation in Tasso's funding rounds.

What's next for Tasso?

With the recent influx of major strategic investment, Tasso is poised for accelerated growth and further innovation in its diagnostic solutions. The substantial capital infusion is expected to fuel advancements in product development, expand market reach, and enhance operational capabilities. This strategic backing suggests a strong confidence from investors in Tasso's vision and its potential to disrupt the traditional healthcare landscape by bringing critical diagnostic tools directly to consumers. The company's next steps will likely involve scaling its operations and solidifying its position as a leader in the home healthcare technology market.

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Frequently Asked Questions Regarding Tasso Financial Insights

What are the most recent funding rounds that Tasso has completed, and what were the funding rounds?
Tasso has recently completed 3 funding rounds: Series B on Dec 16, 2021, Series A on Jul 22, 2020, Other Financing Round on Mar 5, 2019.
What is the total amount of funding Tasso has raised to date?
Tasso has raised a total of $125.4M in funding to date.
How many funding rounds has Tasso completed?
Tasso has completed 3 funding rounds.
How much funding did Tasso raise in its most recent funding round?
Tasso raised $100M in its most recent funding round.
Who are the lead investors in Tasso's latest funding round?
The lead investor in Tasso's latest funding round was InCube. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Tasso's history?
The largest funding round in Tasso's history was $100M.
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