
About RIMSYS
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RIMSYS is a company based in Pittsburgh (United States) founded in 2017 by James Gianoutsos. RIMSYS has raised $25.8 million across 5 funding rounds from investors including Bessemer Venture Partners, Innovation Works and Pittsburgh Life Sciences Greenhouse. RIMSYS offers products and services including Rimsys Platform, Product Registrations, Submissions, Unique Device Identification, and Standards Management. RIMSYS operates in a competitive market with competitors including GE Healthcare, Omnicell, Enovis, ValGenesis and Sware, among others.
- Total Equity Funding$25.8 M (USD)
in 5 rounds
- Latest Funding Round$5.3 M (USD), Series A
Mar 28, 2024
- InvestorsBessemer Venture Partners
& 3 more
People of RIMSYS
14 people are tracked at RIMSYS (6 in leadership, 8 in team).
| Name | Role | Group |
|---|---|---|
James Gianoutsos | Founder & President | Leadership |
| Director Of Regulatory And Technical Programs | Leadership | |
| Vice President Of Growth (sales) | Leadership | |
| Founder & CEO | Leadership | |
| Vice President Finance | Leadership | |
| Chief Technology Officer & CISO | Leadership | |
| Devops Engineer | Team | |
Satya Anala | Quality Assurance Engineer | Team |
| Lead Core Software Engineer | Team | |
| Technical Project Manger, Team Lead | Team | |
| Lead Software Engineer | Team | |
| Human Resources Specialist | Team | |
| SMB Account Executive | Team | |
| Senior Sales Development Representative | Team |
Complete people profiles for RIMSYS
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Products & Services of RIMSYS
RIMSYS offers a comprehensive portfolio of products and services, including Rimsys Platform, Product Registrations, Submissions, Unique Device Identification, and Standards Management.
Cloud-based system for digitizing regulatory activities in Medtech
Manages global product registrations and expiration tracking
Facilitates authoring and assembly of regulatory applications
Handles UDI information alongside product registrations
Monitors and manages changing global standards for compliance
Apps and channels of RIMSYS
its YouTube channel Rimsys Inc. has 90 subscribers and 8 videos.
Funding Insights of RIMSYS
RIMSYS has successfully raised a total of $25.8M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $5.3 million completed in March 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $25.8M
- Total Rounds 5
- Last Round Series A β $5.3M
- Investors Count 4
All 5 funding rounds of RIMSYS with amounts, post-money valuations and investors.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 28 Mar 2024 | $5.3M | Series A | – | β | β |
| 02 Dec 2021 | $16.0M | Series A | – | Bessemer Venture Partners | |
| 09 Mar 2021 | $3.0M | Series A | – | β | β |
| 18 Aug 2020 | $1.5M | Seed | – | Allos Ventures | β |
| 18 Jun 2019 | Undisclosed | Seed | – | Pittsburgh Life Sciences Greenhouse | β |
4 investors in total: 4 institutional.
Investors in RIMSYS
RIMSYS has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Bessemer Venture Partners, Innovation Works and Pittsburgh Life Sciences Greenhouse.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments and support for entrepreneurs in technology and innovation sectors. | 1911 | bvp.com | Redwood City, United States | |
Venture capital is provided to high-potential tech companies in the Midwest. | – | allosventures.com | Cincinnati, United States | |
Software, hardware, and life sciences startups are funded and accelerated. | 1999 | innovationworks.org | Pittsburgh, United States | |
Support is offered for life sciences startups in Pittsburgh. | 2002 | plsg.com | Pittsburgh, United States |
Investor details for RIMSYS
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Timeline of RIMSYS
3 dated milestones of RIMSYS across 7 years, from founding to its latest funding, stage changes and deals.
- RIMSYS is founded.
- First funding round.
- Latest funding round, Series A, of $5.3M.
Competitors of RIMSYS
RIMSYS operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as GE Healthcare, Omnicell, Enovis, ValGenesis and Sware, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gehealthcare.com | 1892 | Chicago, United States | $29.1M | 16,700 | Materials management solutions are provided for healthcare organizations. | |
| omnicell.com | 1992 | Mountain View, United States | $20.0M | 19 | Materials management and business analytics solutions for healthcare are provided. | |
| enovis.com | 2022 | United States | – | 2,182 | Medical devices for bracing, surgery, and recovery are manufactured. | |
| valgenesis.com | 2005 | Fremont, United States | $24.0M | 431 | Validation software is provided for life sciences companies. | |
| sware.com | 2015 | Chelsea, United States | $24.4M | – | Validation automation platform for regulated systems is provided. | |
| essenvia.com | 2018 | Los Angeles, United States | $5.5M | – | Software for medical device pre- and post-market workflows is provided. | |
| virtify.com | 2004 | Cambridge, United States | $23.5M | 23 | Delivers content and compliance management software solutions. | |
| aquiferre.cn | 2016 | Beijing, China | – | – | Provider of digital solutions for medical equipment operation management | |
| althea.life | 2017 | Melbourne, Australia | – | – | Pharmaceutical-grade medicinal cannabis is produced, supplied, and exported. |
Detailed competitors of RIMSYS
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Latest news on Rimsys
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Frequently Asked Questions about RIMSYS
RIMSYS was founded in 2017 and raised its 1st funding round 2 years after it was founded.
RIMSYS is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.
RIMSYS is a funded company, having raised a total of $25.8M across 5 funding rounds to date.
RIMSYS was founded in 2017 in Pittsburgh, United States, and operates in the medical technology sector. Regulatory Information Management (RIM) software is offered to consolidate functions of regulatory affairs for medical device companies. Product registration, standards management, essential principlesGSPR, and regulatory intelligence are handled through the platform. Features for automation, navigation, digitalization, and monitoring of regulatory processes are included.
RIMSYS's top competitors include GE Healthcare, Omnicell and Enovis.
RIMSYS offers Rimsys Platform, Product Registrations, Submissions, Unique Device Identification, and Standards Management.
RIMSYS has 4 investors. Key investors include Bessemer Venture Partners, Innovation Works, Pittsburgh Life Sciences Greenhouse, and Allos Ventures.
RIMSYS operates through Rimsys Inc..
