Veranex
Raleigh medtech services platform that combines device design with clinical research and market access
Founded 2021 | Raleigh, NC, USA | 800+ employees
industrial-designmechanicalelectronicsregulatoryverification
What is Veranex?
Veranex was formed in 2021 by Summit Partners, which combined Providence-based device developer Ximedica (founded 1985) with Quartesian and Boston Healthcare Associates. It has since acquired Experien Group, IMM Recherche, the healthcare design firm Worrell, Fusion Biotec and Horus Scientific. Headquartered in Raleigh, North Carolina, it reports more than 800 staff and offers product design and engineering, clinical research (CRO) services, regulatory work and market access consulting.
Veranex works primarily with clients in Surgical & therapeutic devices, Diagnostics & lab devices, Drug delivery, Digital health sectors. Its primary differentiator is: One contract can cover engineering, clinical studies, regulatory strategy and reimbursement.
Veranex tech stack and services
ISO 13485 QMSSolidWorksEmbedded C/C++Usability engineeringClinical data systems
| Service area |
|---|
| Industrial Design & Human Factors |
| Mechanical Engineering |
| Electronics & PCB Design |
| Regulatory & QMS Support |
| Verification & Validation |
Veranex pricing
Short answer: Veranex uses a fixed project, time and materials pricing approach. Minimum engagement is not publicly disclosed; a discovery call is required.
| Engagement model | Typical range | Best for |
|---|---|---|
| Consulting | Variable; depends on team size | Large programmes or team augmentation |
| Fixed project | From not disclosed | Well-defined scope |
| Time & materials | Variable; depends on team size | Large programmes or team augmentation |
Veranex does not publish a public rate card. Contact them directly via their website to get project-specific pricing.
Veranex pros and cons
| Advantages | Things to consider |
|---|---|
| +Rare combination of engineering with CRO, regulatory and market access services | -Built from many acquisitions since 2021, so teams and processes are still being joined up |
| +Ximedica brings decades of ISO 13485 device development experience | -Private-equity ownership by Summit Partners |
| +Worrell adds human-centered design for healthcare | -Buyers who only need engineering may pay for a broader structure than they use |
| +Large enough to run several workstreams at once |
Veranex vs alternatives
How Veranex compares to the other top Medical Device Development companies.
| Company | Best for | Key difference | Rating | Compare |
|---|---|---|---|---|
| Lemberg Solutions | Connected and smart medical devices, one engineering team. | Owns PCB design, firmware, embedded Linux, IoT backend and edge AI under one roof, so device and cloud are designed together | 4.8 | Full comparison |
| StarFish Medical | Startups needing design plus pilot manufacturing. | Medtech-only practice that can build clinical and early commercial units in its own certified clean room | 4.6 | Full comparison |
| Sunrise Labs | Electromechanical devices, fluidics and infusion. | Three decades of work on pumps, fluidics and motion-heavy medical systems where mechanics and firmware are tightly coupled | 4.5 | Full comparison |
| Velentium | Implantables and FDA cybersecurity submissions. | Combines active-implantable engineering with a dedicated device cybersecurity team that prepares FDA premarket security documentation | 4.5 | Full comparison |
| Cambridge Consultants | Novel technology with high technical risk. | Physicists, chemists and engineers working in one building on problems no off-the-shelf design can solve | 4.4 | Full comparison |
| TTP | Pharma device programs, inhalers and injectors. | Employee ownership plus long-running drug delivery and surgical device work for large pharma and medtech clients | 4.4 | Full comparison |
| Zühlke | European medtech firms modernizing device software. | A device engineering practice and a large digital practice under one owner, useful when a device program is really a platform program | 4.4 | Full comparison |
| MedAcuity | Device makers with hardware but no software team. | US-based, ISO 13485 certified team that does nothing but regulated device software | 4.3 | Full comparison |
| Key Tech | IVD instruments with consumables. | Designs the diagnostic instrument and its cartridge together, with human factors in the same studio | 4.3 | Full comparison |
| Team Consulting | Inhalers, injectors and human-factors-heavy devices. | Three decades of medical-only industrial design and human factors, especially for drug delivery | 4.3 | Full comparison |
| Minnetronix Medical | Electronic devices from design into US production. | Develops and then manufactures electronic medical devices in the same Minnesota medtech cluster | 4.3 | Full comparison |
| Planet Innovation | Diagnostics companies in Asia-Pacific and the US. | Diagnostics roots plus product and commercialization experience in Australia and the US | 4.2 | Full comparison |
| Orthogonal | SaMD and device companion apps. | Agile delivery adapted to FDA-regulated software, focused on the app and cloud side of connected devices | 4.2 | Full comparison |
| S3 Connected Health | Pharma companies adding connectivity to drug delivery. | Combines embedded wireless engineering with patient-facing apps and data platforms for pharma programs | 4.2 | Full comparison |
| Sagentia Innovation | Surgical robotics and combination products. | Medical development backed by a listed science group that also runs a regulatory consultancy | 4.1 | Full comparison |
| Bluefruit Software | UK device makers outsourcing firmware and testing. | Small, employee-owned embedded team with medical devices as its largest market and a strong testing culture | 4.1 | Full comparison |
| Promenade Software | Small device makers needing software and security. | Pairs contract device software with its own medical cybersecurity tooling and information-sharing service | 4.1 | Full comparison |
| Integrated Computer Solutions (ICS) | Touchscreen user interfaces on medical devices. | Qt and embedded UI depth applied to regulated device software, including on QNX | 4.0 | Full comparison |
| Delve | User research and industrial design for medtech. | Design research and industrial design depth from two long-established US studios | 4.0 | Full comparison |
| Kaleidoscope Innovation | Enterprises already working with Infosys. | US medical design studio with access to Infosys engineering and digital capacity | 4.0 | Full comparison |
| Product Creation Studio | Pacific Northwest startups and lab instruments. | Small ISO 13485 studio that can follow its own quality system or the client's | 4.0 | Full comparison |
| Simbex | Sensor wearables and biomechanics research. | Biomechanics and sensor research background applied to wearable health devices | 3.9 | Full comparison |
| Softeq | Connected devices needing hardware plus apps. | Hardware, firmware, mobile and cloud teams in one company, with ISO 13485 in place | 3.9 | Full comparison |
| ScienceSoft | SaMD and device software on a budget. | Large, ISO 13485 certified software team with healthcare analytics and testing services | 3.9 | Full comparison |
| Tata Elxsi | Large medtech firms offshoring sustaining engineering. | Offshore scale for verification, documentation and sustaining work on existing device portfolios | 3.9 | Full comparison |
| Phillips-Medisize | Drug delivery devices needing high-volume production. | Design, molding and assembly of drug delivery devices under one global quality system | 3.9 | Full comparison |
| Jabil Healthcare | Global production capacity for cleared devices. | Global scale, supply chain and FDA-registered production for established medical device brands | 3.8 | Full comparison |
| Flex Health Solutions | Design transfer into global contract manufacturing. | Dedicated NPI center and design sites that feed directly into Flex's medical manufacturing network | 3.8 | Full comparison |
| Plexus | Complex capital equipment needing build and sustaining. | Engineering, NPI and sustaining services for low-to-mid volume, high-complexity medical equipment | 3.8 | Full comparison |
Veranex FAQ
What is Veranex?
Raleigh medtech services platform that combines device design with clinical research and market access
How much does Veranex charge?
Veranex uses fixed project, time and materials pricing. Minimum engagement is not publicly disclosed. A discovery call is required to get project-specific quotes.
What tech stack does Veranex use?
Veranex works with ISO 13485 QMS, SolidWorks, Embedded C/C++, Usability engineering, Clinical data systems. Primary industries served include Surgical & therapeutic devices, Diagnostics & lab devices, Drug delivery, Digital health.
Is Veranex right for enterprise?
Device design plus clinical trials and reimbursement. 800+ team size. Key consideration: Built from many acquisitions since 2021, so teams and processes are still being joined up.
What are the best Veranex alternatives?
The best alternatives to Veranex depend on your use case. Top options are:
- Lemberg Solutions: owns pcb design, firmware, embedded linux, iot backend and edge ai under one roof, so device and cloud are designed together
- StarFish Medical: medtech-only practice that can build clinical and early commercial units in its own certified clean room
- Sunrise Labs: three decades of work on pumps, fluidics and motion-heavy medical systems where mechanics and firmware are tightly coupled
Compare Veranex with other Medical Device Development companies
Veranex vs Lemberg Solutions Veranex vs StarFish Medical Veranex vs Sunrise Labs Veranex vs Velentium Veranex vs Cambridge Consultants Veranex vs TTP Veranex vs Zühlke Veranex vs MedAcuity Veranex vs Key Tech Veranex vs Team Consulting Veranex vs Minnetronix Medical Veranex vs Planet Innovation Veranex vs Orthogonal Veranex vs S3 Connected Health Veranex vs Sagentia Innovation Veranex vs Bluefruit Software Veranex vs Promenade Software Veranex vs Integrated Computer Solutions (ICS) Veranex vs Delve Veranex vs Kaleidoscope Innovation Veranex vs Product Creation Studio Veranex vs Simbex Veranex vs Softeq Veranex vs ScienceSoft Veranex vs Tata Elxsi Veranex vs Phillips-Medisize Veranex vs Jabil Healthcare Veranex vs Flex Health Solutions Veranex vs Plexus
Verify all details directly with Veranex before making a decision.