Came across Openwater in a business insider article
Mary Lou Jepsen, the CEO of Openwater.
Picked by: Jeff Huber, a cofounder and general partner at Triatomic Capital (Huber sits on Openwater's board but is not an active investor in the company)
What it does: The San Francisco startup is working to improve imaging in medicine.
Funding raised: $40 million, PitchBook said
Why it's poised to take off in the next year: Openwater was founded by CEO Mary Lou Jepsen, a former Facebook and Google executive who helped design the Oculus. While Openwater has been around for six years, Huber said it's poised to take off as it expects to publish its first use case in a medical journal within the next 12 months. The startup has developed imaging technology that can detect strokes faster, which could help improve patient outcomes.
The device — a wearable electronic headset — could potentially be used in ambulances to help first responders figure out if someone is having a stroke caused by a blocked artery or uncontrolled bleeding. The two types of stroke have similar symptoms but are treated differently. Openwater's approach could bring MRI-like imaging directly into ambulances at a fraction of the traditional cost. "The implications for global health and affordability and accessibility are huge," Huber said.