Renal Solutions
Produces dialysis products and services
About Renal Solutions
Renal Solutions, Inc. (RSI) was a medical device company established in 2000 that focused on developing treatments for patients with renal failure. The company's key innovation was sorbent-based hemodialysis technology, which it commercialized through its Allient® Sorbent Hemodialysis System. This system represented a significant advancement in the dialysis field by enabling effective hemodialysis using only six liters of ordinary drinking water, a substantial reduction from the 120 liters of purified water required by conventional machines. The technology works by regenerating and purifying the dialysate (dialysis fluid) with specialized sorbent compounds, which eliminates the need for complex and costly water purification systems.
The company's technology platform, named SMARRT™ (Sorbent Management for Advanced Renal Replacement Therapy), provided flexibility for short, standard, or extended duration therapies. In June 2005, RSI received FDA 510(k) clearance to commercialize the Allient® System for both chronic and acute hemodialysis applications. A key milestone was the acquisition of the company by Fresenius Medical Care AG & Co. KGaA on November 29, 2007. The deal was valued at up to $190 million, consisting of $100 million at closing, with subsequent milestone payments. At the time of the acquisition, Peter DeComo was the President and CEO of Renal Solutions.
The acquisition was a strategic move for Fresenius, the world's largest provider of dialysis products and services, to enhance its home hemodialysis offerings and invest in the development of a wearable artificial kidney. Following the acquisition, RSI continued its operations as a wholly owned subsidiary, with its leadership remaining in place to steer its facilities in Warrendale, PA, and Oklahoma City, OK. The integration aimed to combine RSI's sorbent technology with Fresenius's manufacturing and market leadership to accelerate the development of next-generation home and acute dialysis products.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2000
- Headquarters
- United States
- Open positions
- None listed
- Dealroom signal
- 22.7/100
- Industry
- Health
- Sub-industry
- BioTechnology
- Sector
- Biotech & Life Sciences, Biotechnology, Biotech and Pharma, Hard Tech, DT and LS, science-based
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
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Funding history
Company financing events and reported valuations.
Growth signals
Latest recorded traffic for Renal Solutions is 110 monthly website visits, up 0% over the last three months.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A8 investors entered at this stage
Birchmere Ventures- AVAmkey Ventures
Blue Chip Venture Company- GVGazelle Tech Ventures
- CPCID Equity Partners
- TPTriathlon Medical Venture Partners
- NCNovitas Capital
Draper Triangle Ventures
Other known investors2 additional known investors
Fresenius Medical Care
ATEL Ventures
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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