MedTech Dive September 5, 2025
Elise Reuter

The company, which helps medtech companies with AI compliance, has raised more than $55 million to date.

Dive Brief:

  • Ketryx, a startup that uses artificial intelligence to help medical device companies with documentation and regulatory compliance, raised $39 million in a series B funding round, the company announced Thursday.
  • Transformation Capital led the funding round, with partner and founding team member Vinay Shah joining Ketryx’s board. Former Medtronic CEO Bill Hawkins also joined as a new investor.
  • Ketryx’s platform includes tools to help with building software as a medical device applications and AI in medical devices while remaining compliant. Its customers include three of the five top global medtech companies, and AI firms such as DeepHealth, Heartflow...

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Topics: AI (Artificial Intelligence), Investments, Medical Devices, Technology, Trends
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