United States · Funded startup

Who invested in MedCrypt

3 rounds we have observed, with the 11 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

CybersecurityHealthcare

Y Combinator: W19

Funding summaryUpdated 26 Oct 2026

$16Mraised across 3 rounds since 2018, from 3 sources

$1.9MSeed$5.3MSeries A$8.3MDebt
Latest round
Debt, $8.3MFeb 2025
Step-upi
1.6×
Investors
11 (1 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2019202020212022202320242025
$1.9MSeed$5.3MSeries A$8.3MDebt
First round
Seed, $1.9M
Jun 2018
Biggest round
$8.3M
Debt · Feb 2025
Usual gap between rounds
5.8 years
the median of 2
MedCryptCybersecurity1 / 13Their pitch deckMedCrypt's pitch deck, 13 slidesEach slide read for what it argues, against the decks that raised at the same stage.

The rounds

  1. Feb 2025
    Debt$8.3M4 new1 returning

    Source recordedSEC filing: $8.3M sold, first sale Feb 2025

  2. May 2019
    Series A$5.3M3 new

    Reported by FinSMEsSEC filing: $5.5M sold, first sale May 2019

  3. Jun 2018
    Seed$1.9M4 new
    • Nex Cubed
    • Eniac Ventures/ Sway
    • Friedman BioVentures
    • Oronoco

    Reported by FinSMEs

Founders and team

From MedCrypt's own website: 7 on the team.

  • Mike KijewskiCEO
  • Eric PancoastCTO
  • Vidya MurthyCOO
  • Naomi SchwartzVP of Regulatory Strategy
  • Om MahidaVP of Product
  • Seth CarmodyVP of Sales
  • William FenstermakerVP of DevOps

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Seed2018Series A2019Debt2025Y CombinatorSection 32LAlumni VenturesLiquid 2 VenturesEniac VenturesS32EniacNex CubedEniac Ventures/ SwayFriedman BioVentures

Everyone who backed them

Y CombinatorAccelerator2rounds
Section 32VC firm1round, led 1
Alumni VenturesVC firm1round
Liquid 2 VenturesVC firm1round
Eniac VenturesVC firm1round
S32VC firm1round
EniacVC firm1round
Nex CubedAccelerator1round
Eniac Ventures/ Swayno record of our own yet1round
Friedman BioVenturesno record of our own yet1round
Oronocono record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 4 firms list MedCrypt as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

Dolby Family VenturesVC firmPer its own site
Intuitive VenturesAcceleratorPer its own site
Puma Venture CapitalVC firmPer its own site
Dexcom VenturesCorporate VCPer its own site

Quick answers about MedCrypt

Who invested in MedCrypt?

MedCrypt's investors include Y Combinator, Section 32, Alumni Ventures, Liquid 2 Ventures and Eniac Ventures, and 6 more on record.

How much has MedCrypt raised?

MedCrypt has raised $16M across 3 rounds since 2018.

When did MedCrypt last raise?

MedCrypt's most recent round was a Debt of $8.3M in Feb 2025.

What was MedCrypt's biggest round?

Its most recent round, $8.3M in Feb 2025, is also its largest on record.

Who backed MedCrypt first?

MedCrypt's first round on record, in Jun 2018, was backed by Nex Cubed, Eniac Ventures/ Sway and Friedman BioVentures and 1 others.

What stage is MedCrypt at?

MedCrypt's latest named round is a Debt, in Feb 2025.

Where is MedCrypt based?

MedCrypt is based in the United States.

Who led MedCrypt's rounds?

Section 32 led the Series A in 2019.

Companies like MedCrypt

In the same sector, and raised in the last eighteen months.

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