# MedCrypt funding: rounds and investors

> MedCrypt has raised $16M across 3 rounds since 2018. Investors include Y Combinator, Section 32 and Alumni Ventures. Every round with its source.

Source: https://millionrounds.com/company/medcrypt (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# 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.

Cybersecurity Healthcare

Y Combinator: W19

Funding summary Updated 26 Oct 2026

**$16M** raised across 3 rounds since 2018, from 3 sources

**$1.9M** Seed **$5.3M** Series A **$8.3M** Debt

- **Latest round:** Debt, $8.3M Feb 2025
- **Step-up i:** 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.

2019 2020 2021 2022 2023 2024 2025

**$1.9M** Seed

**$5.3M** Series A

**$8.3M** Debt

- **First round:** Seed, $1.9M
- **Biggest round:** $8.3M
- **Usual gap between rounds:** 5.8 years

[**MedCrypt** Cybersecurity 1 / 13 Their pitch deck **MedCrypt's pitch deck, 13 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/medcrypt)

## The rounds

- **Feb 2025** Debt **$8.3M** *4 new* *1 returning* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Liquid 2 Ventures](https://millionrounds.com/fund/liquid-2-ventures) [Eniac Ventures](https://millionrounds.com/fund/eniac-ventures) [S32](https://millionrounds.com/fund/s32) Source recorded SEC filing: $8.3M sold, first sale Feb 2025
- **May 2019** Series A **$5.3M** *3 new* [Section 32](https://millionrounds.com/fund/section-32) Lead [Y Combinator](https://millionrounds.com/fund/y-combinator) [Eniac](https://millionrounds.com/fund/eniac) Reported by FinSMEs SEC filing: $5.5M sold, first sale May 2019
- **Jun 2018** Seed **$1.9M** *4 new* [Nex Cubed](https://millionrounds.com/fund/nex-cubed) Eniac Ventures/ Sway Friedman BioVentures Oronoco Reported by FinSMEs

## Founders and team

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

- **Mike Kijewski** CEO
- **Eric Pancoast** CTO
- **Vidya Murthy** COO
- **Naomi Schwartz** VP of Regulatory Strategy
- **Om Mahida** VP of Product
- **Seth Carmody** VP of Sales
- **William Fenstermaker** VP 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.

**Seed** 2018 **Series A** 2019 **Debt** 2025 [Y Combinator](https://millionrounds.com/fund/y-combinator) [Section 32](https://millionrounds.com/fund/section-32) L [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Liquid 2 Ventures](https://millionrounds.com/fund/liquid-2-ventures) [Eniac Ventures](https://millionrounds.com/fund/eniac-ventures) [S32](https://millionrounds.com/fund/s32) [Eniac](https://millionrounds.com/fund/eniac) [Nex Cubed](https://millionrounds.com/fund/nex-cubed) Eniac Ventures/ Sway Friedman BioVentures

## Everyone who backed them

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **2** rounds

[Section 32](https://millionrounds.com/fund/section-32) VC firm **1** round, led 1

[Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm **1** round

[Liquid 2 Ventures](https://millionrounds.com/fund/liquid-2-ventures) VC firm **1** round

[Eniac Ventures](https://millionrounds.com/fund/eniac-ventures) VC firm **1** round

[S32](https://millionrounds.com/fund/s32) VC firm **1** round

[Eniac](https://millionrounds.com/fund/eniac) VC firm **1** round

[Nex Cubed](https://millionrounds.com/fund/nex-cubed) Accelerator **1** round

Eniac Ventures/ Sway no record of our own yet **1** round

Friedman BioVentures no record of our own yet **1** round

Oronoco no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=medcrypt).

## 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 Ventures](https://millionrounds.com/fund/dolby-family-ventures) VC firm Per its own site

[Intuitive Ventures](https://millionrounds.com/fund/intuitive-ventures) Accelerator Per its own site

[Puma Venture Capital](https://millionrounds.com/fund/puma-venture-capital) VC firm Per its own site

[Dexcom Ventures](https://millionrounds.com/fund/dexcom-ventures) Corporate VC Per 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.

[**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**AI** $18M · Oct 2026](https://millionrounds.com/company/ai)[**Baba** $40M · Oct 2026](https://millionrounds.com/company/baba)[**Clinical Ink** $24M · Oct 2026](https://millionrounds.com/company/clinical-ink)

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