
Innolitics LLC
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Overview
10 - 49
Employees
2012
Year Founded
ABOUT INNOLITICS LLC
Medical Device Software Development & Regulatory.
We assist Medtech companies in developing and obtaining approval for Software as a Medical Device (SaMD). Furthermore, we can formulate your regulatory strategy, create your software (featuring AI/ML capabilities and cybersecurity measures), prepare your design documentation, and handle your FDA 510(k) submission. Our team of software engineers and regulatory experts has been supporting medical device companies in entering the market since 2012, working at the crossroads of software development and regulatory compliance.
LANGUAGES SPOKEN
English
HIGHLIGHTS
10 - 49
Employees
2012
Year Founded
Services
Focus
Industries
Clients
Services Provided
100% Custom Web Application Development
100% Product Design
70% AI Strategy & Roadmap Consulting
30% Cloud Consulting & SI
70% Cybersecurity Assessments & Hardening
30% Managed IT Services
100% Go-to-Market Strategy
About the Team
OUR STORY
Many clients, especially those from bench-to-bedside tech transfer companies, often ask about the required fundraising and timelines to achieve their first FDA 510(k) clearance. To address this, we developed a two-part model analyzing public data from 37 AI/ML-enabled medical device companies, showing a median raise of $16 million and 25.7 months to first clearance. Follow-on 510(k)s typically require an additional $11.6 million each. Our approach carefully counts disclosed funding and acknowledges unreported capital and earlier work phases. Innolitics, with deep FDA experience and integrated regulatory, quality, and engineering services, enables clients to raise less—around $5 million—and achieve clearance in roughly 12 months, offering a 510(k) timeline and clearance guarantee when acceptance criteria are met. This model guides realistic fundraising plans