MedCrypt

Healthcare ITSeries BSolana Beach, USmedcrypt.com

Latest round

Series B

Last raised

Jan 2023

Total raised

$45M

Investors

14

About MedCrypt

MedCrypt Inc.Founded in 2016 and headquartered in Solana Beach, US, MedCrypt specializes in cybersecurity for medical devices.40 mn.MedCrypt specializes in providing cybersecurity solutions tailored for medical device manufacturers, focusing on compliance with FDA cybersecurity requirements. Their core offerings include the Helm tool, which enhances Software Bill of Materials (SBOM) management and vulnerability tracking, and the Guardian platform that facilitates secure device provisioning and certificate management. These products are designed to identify and mitigate vulnerabilities in medical devices, ensuring data integrity and privacy while streamlining incident response.MedCrypt generates revenue through a combination of service-oriented contracts and product licensing agreements with its clients in the medical device industry. Their business transactions typically involve B2B engagements, where medical device manufacturers subscribe to their cybersecurity solutions to ensure compliance and enhance security measures for their products. The company's flagship products, such as Helm and Guardian, are offered in various pricing structures that correspond to the scale and specific needs of their clients. They are also targeting expansion into Europe and Asia-Pacific markets by 2025, aiming to cater to the growing demand for compliant cybersecurity solutions in these regions.

Who invested in MedCrypt

14 investors across 5 rounds

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Funding rounds

  1. Series B

    Jan 24, 2023

    Amount

    $11M

    Investors

    Locked

  2. Series B

    Oct 4, 2022

    Amount

    $25M

    Investors

    Locked

  3. Series A

    May 1, 2019

    Amount

    $5.3M

    Investors

    Locked

  4. Seed

    Jun 28, 2018

    Amount

    $1.9M

    Investors

    Locked

  5. Seed

    Aug 9, 2016

    Amount

    $0.8M

    Investors

    Locked

Questions about MedCrypt

Who invested in MedCrypt?

MedCrypt has 14 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has MedCrypt raised?

MedCrypt has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did MedCrypt last raise money?

MedCrypt's most recent round on record is a Series B, in Jan 2023.

What does MedCrypt do?

MedCrypt is a healthcare it company.

Where is MedCrypt headquartered?

MedCrypt is headquartered in Solana Beach, US.

Which VCs invest in companies like MedCrypt?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back healthcare it companies at MedCrypt's stage. Their profiles are linked below.

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