OrSense

OrSense

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Private Company

Total funding raised: $13.8M

Overview

OrSense is a privately-held medical device company founded in 2004, headquartered in San Francisco with significant operations in Israel. It has developed and commercialized the NBM 200, the first non-invasive hemoglobin monitor cleared by the FDA's CBER for use in US blood banks, utilizing its proprietary SpectOLight™ technology. The company's products aim to improve patient/donor comfort, reduce waste, and streamline workflows in clinical and blood donation settings. With a strong IP portfolio of over 51 granted patents, OrSense is positioned in the growing market for point-of-care and non-invasive diagnostics.

AnemiaBlood Screening

Technology Platform

Occlusion Spectroscopy (SpectOLight™) for non-invasive measurement of blood analytes via a finger-based sensor.

Funding History

2
Total raised:$13.8M
Series A$12M
Seed$1.8M

Opportunities

Major opportunity in blood donor screening, where it has first-mover FDA clearance, and in point-of-care anemia management across primary care and specialty clinics.
The platform technology also allows for potential future expansion to measure additional blood analytes non-invasively.

Risk Factors

Risk includes technological adoption hurdles against the invasive testing gold standard, competition from large diagnostics firms, execution challenges in scaling commercial distribution, and dependency on maintaining regulatory clearances across markets.

Competitive Landscape

Competes against established invasive hemoglobin lab tests and point-of-care devices (e.g., HemoCue). In non-invasive monitoring, it faces competition from other emerging optical technologies and large medtech companies (like Masimo) exploring non-invasive hemoglobin, though OrSense's specific occlusion method and FDA CBER clearance for blood banks provide differentiation.