Tasso, Maker Of Home Blood-Draw Kits, Raises $100 Million Led By RA Capital

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Tasso, Maker Of Home Blood-Draw Kits, Raises $100 Million Led By RA Capital
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Seattle-based Tasso, founded by two biomedical engineering Ph.D.s, raises $100 million to ramp up production of its home blood-draw kits.

Yuri Miyamoto for Tassohat if you could draw blood at home rather than having it done at the doctor’s office? That’s the premise of Tasso, a Seattle-based startup that’s riding the wave of virtual healthcare.

The company’s blood-sampling kits—Tasso+ , Tasso-M20 and Tasso-SST —all work similarly. Patients simply stick the button device, which is roughly the size of a ping pong ball, on their arm with a light adhesive and press the device’s large red button, which causes a vacuum to form. A lancet in the device pricks the surface of the skin and the vacuum draws blood out of the capillaries and into a sample pod at the bottom of the device.

Casavant, 34, who has a Ph.D. in biomedical engineering from the University of Wisconsin-Madison, founded the company in 2012 with his UW labmate Erwin Berthier, 38, who is the company’s chief technology officer.

Jim Tananbaum, a medical doctor who is founder of Foresite Capital, which has $4 billion in assets under management, says that he’d been looking for a company that would enable phlebotomy anywhere when he met Casavant around three years ago. “It’s a really hard problem,” he says. Tasso’s blood-draw products are currently being used in a variety of clinical trials by Pfizer, Eli Lilly, Merck and at least a half-dozen biopharma companies, he says. Last year, the

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