Archimedic
Private Company
Total funding raised: $5M
Overview
Archimedic is a privately held, revenue-generating medical device contract development firm founded in 2013 and headquartered in Providence, Rhode Island, with an operational office in West Chester, Pennsylvania. The company offers a full-service model that integrates engineering, human factors, testing, quality systems, regulatory strategy, and program management to de-risk and accelerate the path to market for its clients' devices. Its business model is built on providing expert services to a diverse range of MedTech innovators, from startups to established companies, rather than developing its own proprietary therapeutic products.
Technology Platform
Integrated MedTech service delivery platform combining engineering, human factors, testing, quality systems, regulatory strategy, and program management, supported by proprietary OpenQMS software for quality management.
Funding History
1Opportunities
Risk Factors
Competitive Landscape
Archimedic competes in a fragmented market of medical device design firms, engineering consultancies, and larger Contract Research Organizations (CROs) that offer development services. Its key differentiator is the explicit integration of regulatory and go-to-market strategy with core design and engineering, aiming to provide a more seamless path to commercialization than piecemeal service providers.