# Ketryx Rakes In $14M to Speed Up Medical Device Development & Quality Assurance

Katie Adams

and

MedCity News

December 5, 2023

[Funding](https://www.ketryx.com/learn/blog?tag=funding)

## Table of Contents

[Section link](https://www.ketryx.com/blog/ketryx-rakes-in-14m-to-speed-up-medical-device-development-quality-assurance#)

The FDA [recalled](https://www.fda.gov/medical-devices/medical-device-recalls/2022-medical-device-recalls) 60 medical devices last year, and [the running total](https://www.fda.gov/medical-devices/medical-device-recalls/2023-medical-device-recalls) for this year is 56. The good news is that there’s a startup working to make future totals lower.

The startup, named [Ketryx](https://www.ketryx.com/), announced the close of a $14 million Series A funding round on Tuesday. The round, which brings the company’s total funding amount to $18 million, was led by [Lightspeed Venture Partners](https://medcitynews.com/tag/lightspeed-venture-partners/).

Ketryx, which was founded in 2021, is based in Somerville, Massachusetts and Vienna, Austria. It’s on a mission to make medical software quality assurance less error-prone, said CEO Erez Kaminski.

“Humans make mistakes. Computers do not. Traditional quality assurance uses humans to manually check thousands to tens of thousands of different line items before a product can go live. The average length of a 510k document according to the FDA is now over 2,000 pages, and we have customers who have submissions in the realm of 10,000 pages,” he explained.

[Read the full article](https://medcitynews.com/2023/12/medical-device-fda-healthcare/)

### Interview transcript

Katie Adams

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