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Medcrypt

Founded 2016 Β· 29 employees on LinkedIn Β· 7 known investors

Medcrypt provides cybersecurity products and strategic consulting to medical device manufacturers to ensure their devices are secure by design and meet FDA regulatory requirements. The company combines technology solutions with management consulting and regulatory expertise for the healthcare device industry.

Also known as MedCrypt Β· MedCrypt, Inc.

Founders & leadership

Medcrypt was founded in 2016 by Mike Kijewski.

MKMike Kijewski
Mike Kijewskiin𝕏Founder Β· CEO

Investors Β· 7

Also in the syndicate Β· 2

Dexcom VenturesJohnson & Johnson Innovation – JJDC, Inc.lead

Company profile

researched Aug 2026

Medcrypt (MedCrypt, Inc.) is a San Diego, California-based provider of cybersecurity products and consulting for medical device manufacturers (MDMs). The company positions itself as combining cybersecurity technology products with management consulting, decision science and regulatory strategy directed exclusively at the medical device sector, with the goal of helping manufacturers build devices that are secure by design and move connected clinical technology through regulatory review.

Its product line centers on MSI, described as a single platform for medical device cybersecurity compliance that operates in three stages: scoring a manufacturer's submission readiness against the domains FDA evaluates and identifying gaps; flagging or generating compliant documentation in FDA's own language; and maintaining readiness after clearance through automated self-audits, vulnerability monitoring and alerts when guidance changes. A separate Medical Device Product Security Intelligence Platform lets manufacturers benchmark product security maturity across business units and against industry peers, model the potential financial impact of unresolved vulnerabilities, and compare remediation options on cost, feasibility and impact. Earlier product descriptions cover cryptography, behavior monitoring and vulnerability inventory tooling for devices ranging from glucose monitors to hospital surgical robots, with software that lets device vendors apply cryptography to data in transit and at rest and receive remote, real-time alerts on suspicious device behavior.

Alongside the software, Medcrypt runs a services organization staffed in part by former FDA reviewers and policy staff. Pre-market services include regulatory cybersecurity readiness, threat modeling and risk mitigation, cybersecurity maturity assessments, PKI and cryptography analysis, FDA hold-letter and AINN response support, and integration of SBOM generation, vulnerability scanning and security testing into the software development lifecycle using FDA-recognized frameworks such as AAMI TIR-57 and SW96. Post-market services cover continuous monitoring, cybersecurity risk management and prioritization, SBOM validation and monitoring, incident response and ongoing regulatory compliance maintenance.

Founding story

The company was founded in 2016 with the stated aim of addressing cybersecurity concerns in the medical device manufacturing sector and ensuring that devices people rely on are as safe and secure as technologically possible. Founder and CEO Mike Kijewski previously founded Gamma Basics, a radiation oncology software startup acquired by Varian Medical Systems in 2013; CTO Eric Pancoast was a Gamma Basics co-founder. The company has framed its product development against successive FDA cybersecurity guidance milestones beginning with the agency's 2014 pre-market recommendations and 2016 post-market guidance.

Business model

Medcrypt sells subscription-style access to compliance and security platforms (MSI and the Product Security Intelligence Platform) together with professional services engagements delivered by regulatory and security experts. Entry points include a free, self-serve readiness check requiring no login, downloadable datasheets, early-access sign-ups for the intelligence platform, and threat-model reviews, which route prospects into paid pre-market and post-market service engagements. For new services customers the company offers a stated guarantee: if the customer follows its guidance and the product meets cybersecurity expectations, Medcrypt supports the customer through all FDA feedback until the cybersecurity documentation is accepted, with no hidden fees or handoffs.

Revenue comes from platform access and expert services engagements sold to medical device manufacturers, spanning pre-market submission preparation and post-market lifecycle compliance work, with a stated no-hidden-fees, no-handoff structure and an approval guarantee for new customers.

Traction

Medcrypt reports 140+ medical device manufacturer customers, 13 of the top 50 global MDMs, 200+ projects delivered across 60+ clients, and a 100% FDA approval rate since 2023. At the time of its 2022 Series B it stated it provided security features and services to seven of the top 10 medical device manufacturers as well as startups and mid-sized companies.

Latest developments

Medcrypt's current positioning centers on MSI, a single platform spanning readiness scoring, documentation remediation and post-clearance monitoring, offered with a free readiness check and a 100% FDA approval rate guarantee. It is also offering early access to its Medical Device Product Security Intelligence Platform for security posture benchmarking and financial risk quantification, and is publishing guidance on the 2026 regulatory framework changes including QMSR inspections and the EU Cyber Resilience Act reporting deadline of September 11, 2026.

β–ΈFull profile β€” market position, technology, go-to-market, geography, history, risks & controversies

Market position

The company describes itself as the first firm to combine cybersecurity technology products with management consulting, decision science and regulatory strategy focused entirely on medical device manufacturers, and claims the only medical device cybersecurity services team staffed with former FDA reviewers. It reports a 100% FDA approval rate since 2023 among customers using its services, 200+ projects delivered across 60+ clients, and adoption by 140+ manufacturers including 13 of the top 50 global MDMs.

Medcrypt's stated differentiators are its bench of former FDA policy reviewers, a claimed 100% FDA approval rate since 2023 backed by a guarantee for new services customers, a reported reduction in AINN response time from 180 days to 45-60 days, and the pairing of software platforms with regulatory consulting rather than tooling alone.

Technology

The MSI platform ingests a manufacturer's existing documentation and scores submission readiness across the domains FDA reviews, produces a gap list, flags deficiencies in FDA's terminology, and can generate compliant documentation from scratch with each output feeding the next stage. It also supports post-clearance operation through automated self-audits, vulnerability monitoring and alerting on regulatory guidance changes. The Product Security Intelligence Platform provides a guided assessment producing a baseline maturity score, internal and peer benchmarking, financial quantification of unresolved cybersecurity risk, and cost-benefit-mapped remediation options. Underlying device-facing technology covers cryptography for data in transit and at rest, behavior monitoring with remote real-time alerting, vulnerability inventory, and SBOM validation and monitoring.

Go-to-market

Medcrypt markets directly through its website with a free five-minute readiness check positioned as a no-sales-call entry point, expert consultations segmented by customer situation (hold letter received, submission within six months, board-level readiness question), downloadable one-sheets and datasheets, and bookable threat-model reviews. It also publishes regulatory commentary on topics such as the FDA Quality Management System Regulation, EU Cyber Resilience Act vulnerability reporting obligations beginning September 11, 2026, and regulators' use of AI in submission review. Strategic corporate investors from the medical device industry, including Intuitive Ventures, Johnson & Johnson Innovation – JJDC and Dexcom Ventures, participated in its funding.

Medical device manufacturers of all sizes, from startups and mid-sized companies to large global MDMs, including teams preparing FDA submissions in the near term, teams responding to an AINN or hold letter, and executives seeking portfolio-level readiness assessments. The company states it works with 140+ medical device manufacturers, 13 of the top 50 global MDMs, and previously reported serving seven of the top 10 medical device manufacturers.

Geography

Headquartered in San Diego, California. Its regulatory work centers on the U.S. FDA while also addressing international regulators and global market access requirements, including EU Cyber Resilience Act vulnerability reporting obligations.

History

Founded in 2016, Medcrypt developed its cybersecurity solution in line with FDA guidance and participated in Y Combinator's Winter 2019 batch. In May 2019 it announced a $5.3 million Series A led by Section 32 with participation from Eniac Ventures and Y Combinator, bringing total funds raised to $8.4 million at that time. In November 2022 it announced a $25 million Series B with strategic investment from Intuitive Ventures and Johnson & Johnson Innovation – JJDC and participation from Section 32, Eniac Ventures, Anzu Partners and Dolby Family Ventures, bringing total funding to $34.4 million as reported in the announcement; the company's own timeline lists Dexcom Ventures among Series B participants and cumulative funding of $36.4 million. Its offerings have since expanded from cryptography, behavior monitoring and vulnerability inventory products into the MSI compliance platform and a Product Security Intelligence Platform, alongside a services practice staffed by former FDA reviewers.

Risks & controversies

The business is closely tied to evolving regulatory requirements β€” FDA premarket and postmarket cybersecurity guidance, the QMSR quality framework and the EU Cyber Resilience Act β€” so changes in regulatory stringency or timing directly affect demand. The company publicly guarantees FDA acceptance outcomes for services customers that follow its guidance, an obligation that depends on regulator decisions outside its control.

Compiled by commissioned research from 8 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
AINN response timeJan 2025Reduced from 180 days to 45-60 days
Clients served by services teamJan 202560 clients
FDA approval rate for customers using Medcrypt servicesJan 2025100%
Medical device manufacturer customersJan 2026140 customers
Projects deliveredJan 2026200 projects
Share of top 10 medical device manufacturers servedNov 2022Seven of the top 10 medical device manufacturers
Top 50 global MDMs as customersJan 202613 customers
Total funding raised to dateNov 2022$34.4M
Total funding raised to date (company timeline)Jan 2022$36.4M
Total funds raised to dateMay 2019$8.4M

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Founder mafia

3 people who came through Medcrypt went on to found or lead other companies.

Competitors Β· 9

by search overlap
Netezza84 shared keywordsIBM is a global technology company whose business spans enterprise software (including Red Hat, HashiCorp, and Confluent), IT infrastructure such as mainframes, servers, and storage, and IT consulting services. The company is also investing heavily in quantum computing and AI-based enterprise offerings, including its Lightwell open-source software security clearinghouse and the Anderon quantum wafer foundry.
Fossa51 shared keywordsFOSSA provides audit-grade open source license compliance software that scans codebases with full-text analysis to detect licenses, enforce policies, and automatically generate attribution documents. It serves both developer and legal teams by integrating license scanning into CI/CD pipelines and development workflows.
Safe Security49 shared keywordsSAFE Security provides an AI-driven platform for cyber risk management, covering third-party risk management (TPRM), continuous threat exposure management (CTEM), AI security posture management (AI-SPM), and cyber risk quantification (CRQ). It uses an agentic workflow engine with native integrations to serve enterprise organizations, including a portion of the Fortune 500.
Wiz44 shared keywordsWiz provides cloud security platform that identifies and removes critical risks across multi-cloud environments. The company offers a unified security layer for organizations to manage risks and accelerate business operations on major cloud providers.
Crowdstrike43 shared keywordsCrowdStrike provides an AI-native cybersecurity platform that unifies endpoint, identity, cloud, SaaS, and AI protection to detect and stop breaches for enterprise organizations. It combines automated response with human-led security operations including managed detection and response, threat hunting, and security services.
Greenlight Guru39 shared keywordsGreenlight Guru provides quality management, product development, and clinical evidence software built specifically for medical device companies. Its platform helps medtech teams manage compliance, design controls, risk, and clinical data collection across the product lifecycle.
Flexera38 shared keywordsFlexera provides Flexera One, a technology management platform that gives enterprises visibility and control over AI, SaaS, cloud, software, and hardware spend and assets. It serves large organizations with capabilities across IT asset management, FinOps, SaaS management, and AI cost management.
Qualys Nasdaq Qlys38 shared keywordsQualys provides a cloud-based platform for identifying, monitoring, and remediating information technology and cybersecurity vulnerabilities across on-premises, cloud, endpoint, and mobile environments. The company delivers its integrated suite of asset management, vulnerability detection, compliance, and security applications through a software-as-a-service model to over 10,000 customers worldwide, including a majority of the Forbes Global 100.
Sentinel One37 shared keywordsSentinelOne provides an AI-powered cybersecurity platform for enterprises that integrates endpoint protection, threat detection, and incident response capabilities. The company serves large enterprises, including many Fortune 500 organizations, to protect against cyber threats at scale.

Companies competing with Medcrypt for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline Β· 5

launches, deals, and filings
Jan 2025
Medical Device Product Security Intelligence Platform offered in early access

Medcrypt offers early access to a Product Security Intelligence Platform that benchmarks product security posture, quantifies the financial risk of unresolved vulnerabilities, and maps remediation options to cost and impact.

source β†—

Nov 2022
MedCrypt raises $25M Series B

MedCrypt announced a $25 million Series B with strategic investments from Intuitive Ventures and Johnson & Johnson Innovation – JJDC, Inc., and participation from Section 32, Eniac Ventures, Anzu Partners and Dolby Family Ventures. Funds were designated to scale its cryptography, behavior monitoring and vulnerability inventory products and expand the engineering team, bringing total funding to $34.4 million.

$25M source β†—

Jan 2022
Partnership with Thirdwayv on medical device cybersecurity and interoperability

Thirdwayv Inc., a provider of secure software for connected medical devices, and Medcrypt announced a partnership to advance medical device cybersecurity and interoperability.

source β†—

May 2019
MedCrypt announces $5.3M Series A led by Section 32

MedCrypt announced a $5.3 million Series A led by Section 32 with participation from Eniac Ventures and Y Combinator, bringing total funds raised to $8.4 million. Proceeds were earmarked for sales and engineering hiring and further technology development.

$5.3M source β†—

Jan 2019
Participation in Y Combinator Winter 2019 batch

MedCrypt was part of Y Combinator's Winter 2019 batch.

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

β–ΈResearch sources Β· 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Medcrypt do?
Medcrypt sells cybersecurity software and ex-FDA-reviewer consulting that help medical device makers clear regulatory submissions.
Who founded Medcrypt?
Medcrypt was founded by Mike Kijewski in 2016.
Who are Medcrypt's investors?
Medcrypt's investors include Eniac Ventures, Intuitive Ventures, Section 32, Y Combinator, Dolby Family Ventures.