M
MedCrypt
Provides data security as a service to medical device OEMs from medical imaging device, to implantable devices like pacemakers
About MedCrypt
MedCrypt provides advanced cybersecurity solutions specifically designed for medical devices, ensuring data encryption, integrity, and compliance with FDA mandates. The company operates in the healthcare sector, serving medical device manufacturers who need to meet stringent cybersecurity requirements. MedCrypt's business model revolves around offering embedded libraries and APIs that facilitate the implementation of cryptographic functions such as data encryption, signature verification, and secure communication. These features are crucial for protecting sensitive medical data both at rest and in transit. Additionally, MedCrypt offers consulting services to assist clients in integrating these security features into their devices, ranging from small insulin pumps to large linear accelerators. The company generates revenue through software licensing and consulting fees. By providing these essential security features, MedCrypt helps its clients differentiate their products in a competitive market and meet the cybersecurity standards required by hospitals and regulatory bodies.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2016
- Headquarters
- Solana Beach, United States
- Employees
- 28
- Open positions
- None listed
- Dealroom signal
- 62.8/100
- Industry
- Health, Security
- Sub-industry
- Medical Devices, Data protection
- Sector
- Health Tech & Medtech, Cybersecurity, Hard Tech, Health It, YC W19
- Business model
- Manufacturing, SaaS
- Client focus
- b2b
- Investment activity
- 1 company, latest Aug 2020
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | Nov 2022 | $25M | $100M | Eniac Ventures · Anzu Partners · Section 32 · Intuitive Ventures | ↗ |
| SERIES A✓Equity / VC | May 2019 | $5.3M | $21M | Section 32 · Eniac Ventures | — |
Growth signals
Latest recorded traffic for MedCrypt is 1.2K monthly website visits, up 2900% over the last three months. MedCrypt's team declined 9.7% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
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.
Seed4 investors entered at this stage
Safeguard Scientifics
Sway Ventures
Eniac Ventures
Y Combinator
Series A5 investors entered at this stage
Section 32
Anzu Partners
Intuitive Ventures
Dolby Family Ventures
Johnson & Johnson Innovation
Other known investors6 additional known investors
Alumni Ventures
Grant Park Ventures
LRVHealth
Nex Cubed
Oliver Keown
Wharton Alumni Angels of Silicon Valley
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about MedCrypt on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
See MedCrypt’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.