St. Jude Medical

We live in a world where proactive and an ongoing awareness of medical conditions is paramount. This means more modern medical technology to better monitor and diagnose medical conditions for our ongoing well-being. Yet, the current pace of bringing medical devices to market takes 3-7 years – reason is managing a challenging, complex and hyper specialized regulatory workflow that is prone to errors. For e.g. With over 1000+ pages regulatory applications have grown in complexity and size, with a consistent 30% rejected at initial review and 64% sent back for additional information costing the industry billions of dollars each year. All this ultimately increasing the healthcare burden and accessibility of the medical devices. Essenvia’s mission is reduce errors and improve the quality of activities in the regulatory pathway to help medical device companies accelerate their regulatory journey to market so devices can reach patients who need them faster. We’re a rapidly growing team that is backed by capital from leading investors in the B2B SaaS enterprise space.