This article originally appeared in the December 2021 print issues of Forbes & Fortune magazines under its series, "Houston's Extraordinary Industry Leaders."
Before COVID-19 disrupted the world, Velentium had grown from a two-person operation in 2012 to a global design and development firm focused on “changing lives for a better world” by helping clients bring new medical devices to market.
When clients need help bringing an idea to life, they deserve a firm that can do it all—and do it fast. That’s why they turn to Velentium.
Fueled by an entrepreneurial spirit and a genuine dedication to improving patients’ lives, Dan Purvis, CEO, and Tim Carroll, COO, co-founded Velentium with the goal to deliver solutions when science is “near impossible.” Purvis and Carroll, who were named Entrepreneur Of The Year® 2021 Gulf Coast Area Award winners, have cultivated a culture of independent thinking, pushing boundaries to achieve results. Today, Velentium offers end-to-end support to help companies at every step, from ideation through approval and commercial acceptance.
“When you’re bringing devices to market that truly change lives, every single day matters,” says Purvis. “We believe in delivering solutions at the speed of talent.”
From the smallest of startups to the largest medical device brands in the world, Velentium is a one-stop shop for every capability required to design, develop, manufacture, and test medical devices and their technology.
The unique culture driving Velentium’s success was on full display in 2020 as the company rose to the national stage in the fight against COVID-19 as part of “Project V” at General Motors’ Kokomo, Indiana, manufacturing facility. Leveraging the company’s technical knowledge and core values, Velentium mobilized teams quickly to support critical ventilator manufacturing efforts in collaboration with
GM and Seattle-based Ventec Life Systems. This heroic feat would not have been possible without the company’s strong values, partnerships, and culture-first approach of rising to the occasion for the good of society.
LIFE-SAVING SECURITY AND PARTNERSHIPS
Backed by industry-leading cybersecurity experience, Velentium does more than just design and build smart devices.
“We ensure these devices are safe and secure with the right cybersecurity safeguards,” says Purvis, whose team takes devices through rigorous testing and also designs test systems that verify efficient, reliable device performance.
“We serve our industry by making companies more aware of the intricate security issues and increasing vulnerabilities facing the industry today,” he continues, something the Velentium team does through its new training and certification series, Mastering Embedded Cybersecurity.
To support the course’s curriculum, Velentium is using its best-selling book, Medical Device Cybersecurity for Engineers and Manufacturers (published by Artech House), a comprehensive guide for medical device manufacturers seeking to implement secure lifecycle management processes.
As technology evolves, so does the partner ecosystem. “As we did through our partnership with long-time client Ventec during ‘Project V,’ we are constantly seeking transformative projects and partners that inspire us and help us realize our dream of changing lives for a better world,” Purvis says.