The list honors companies owned by former students of Texas A&M University
HOUSTON – Nov.10, 2022 – Velentium, a professional engineering firm that specializes in the design and manufacturing of therapeutic and diagnostic active medical devices, announced today it is among the top 100 companies from around the world selected for the 18th annual Aggie 100™. The Aggie 100™ honors the fastest-growing companies owned by former students of Texas A&M University.
Recognized on the list for the second consecutive year, Velentium came in at No. 60 in 2022 with a compound annual growth rate of 48.599%. The Aggie 100™ is founded and sponsored by the McFerrin Center for Entrepreneurship at Texas A&M University.
Co-founded by Aggie alumnus Dan Purvis in 2012, Velentium offers world-class expertise in software, usability, cybersecurity, electrical and mechanical development for medical equipment. The company transforms IP into safe and secure products that will support healthcare professionals, patients, and communities, and ultimately, change lives for a better world. Many proud Aggies work for Velentium, including senior managers Jason Swoboda and Paul Oliphant.
“As a former student of Texas A&M, it is a remarkable honor to have Velentium named to the Aggie 100™ for the second consecutive year,” said Purvis. “It’s a short step from the Aggie spirit to the entrepreneurial spirit. As an entrepreneur, my hope is not to just create an efficient organization, but to also make an impact on society. Our company’s continued growth is a testament to the endless commitment and dedication of Velentium staff to changing lives for a better world.”
The 100 Aggie-owned companies with the highest compound annual revenue growth from 2019 to 2021 were recognized at a formal celebration at the Hall of Champions at Texas A&M University’s Kyle Field on Nov. 4, 2022. The honorees were joined in celebration by family, friends, employees, faculty, administrators, current students and fellow entrepreneurs.
“Now in its 18th year, the Aggie 100™ continues to re-set the standard for recognizing and celebrating the best of our Aggie entrepreneurs across the globe,” said Blake Petty ‘98, executive director of the McFerrin Center for Entrepreneurship. “These 100 companies and their Aggie founders and leaders have proven their determination for success, and we’re excited to welcome them to the Aggie 100 family. This year saw our second-highest number of applications ever, indicating just how competitive these rankings have become. This 18th class of the Aggie 100 represents the cream that has truly risen to the top, and we’re honored to be a part of their company’s story and success."
A complete list of Aggie 100 companies, including past years, can be viewed at aggie100.com.
Pictured: Paul Oliphant, Velentium CFO 2019-2022 and Aggie Class of '94, accepting the Aggie 100 award on Velentium's behalf
Velentium is a Houston-based professional engineering firm specializing in the end-to-end design, development, manufacturing and post-market support of therapeutic and diagnostic active medical devices. The company's core competencies include active implantable medical devices, systems engineering, firmware & software, cybersecurity, mobile & cloud, electrical & mechanical engineering, human factors & usability, automated test systems, and CGMP manufacturing. With customers all over the world, Velentium has experience working with all sizes of clients, ranging from startups seeking seed funding to established Fortune 500 companies.