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.
Investors Β· 7
Also in the syndicate Β· 2
Company profile
researched Aug 2026Medcrypt (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.
βΈFull 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 β 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 β 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 reportedCompany-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 overlapCompanies competing with Medcrypt for the same Google search keywords, organic and paid, via search-intersection analysis.
Timeline Β· 5
launches, deals, and filingsMedcrypt 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.
MedCrypt announced a $25 million Series B with strategic investments from Intuitive Ventures and Johnson & Johnson Innovation β 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
Thirdwayv Inc., a provider of secure software for connected medical devices, and Medcrypt announced a partnership to advance medical device cybersecurity and interoperability.
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
MedCrypt was part of Y Combinator's Winter 2019 batch.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
βΈResearch sources Β· 8
primary sources listed
- Medcryptmedcrypt.com Β· web
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.











