Greenlight Guru continues momentum with sustained quarter over quarter growthPosted Jul 25, 2018
The eQMS for medical devices provide on target to hire 120 employees by 2020
INDIANAPOLIS — July 25, 2018 — Greenlight Guru, the only cloud-based quality management software specifically for medical device companies, today announced continuous, exponential growth in the first half of 2018. With a continued focus on workplace culture and development, hiring initiatives are on target to meet 120 employees by 2020. Additionally, Greenlight Guru continues to significantly grow new customer acquisition, resulting in notable Fortune 500 clients.
On the heels of an explosive close to Q4 2017, Greenlight Guru has achieved a 45 percent increase in quarter-over-quarter new subscription revenue, as well as a 125 percent increase in year-over-year, new subscription revenue growth.
To keep up with demand and customer support, Greenlight Guru’s team has increased by more than 33% percent in 2018, putting them on track to achieve its goal of employing 120 employees by 2020.
“Our customer growth explosion is a sign of the times,” says David DeRam, CEO and co-founder of Greenlight Guru. “We strive to help manufacturers develop devices we would be proud to have our own families use. Case in point, the FDA chose us as a partner to educate the medical device industry on the case for quality, resulting in a four part webinar series on the topic.”
Greenlight Guru developed an electronic quality management system (eQMS) to help medical device manufacturers develop devices before, during and after introduction to the market. The U.S. Food and Drug Administration, Health Canada, the European Union and the International Organization for Standardization (ISO) each have complicated processes in which manufacturers must navigate.
With the assistance of Greenlight Guru, MYLOYN, a Florida-based medical device developer achieved their FDA 510(k) clearance in just 93 days, 84 days less than the market average.
“Greenlight Guru played a pivotal role in helping us attain the clearances needed to launch our product,” says Matt Bellman, CTO and co-founder of MYOLYN. “We strive to help patients with paralysis enjoy a fuller life. Greenlight Guru shares the same passion for making the lives of our patients better.”
This announcement follows a newly overhauled software platform and growing international market penetration. For more information, please visit www.greenlight.guru.
About Greenlight Guru
Greenlight Guru is the only quality management platform designed specifically for medical devices companies. The platform helps companies get safer products to market faster, simplifies FDA and ISO regulatory compliance and provides a single source of truth by connecting the management of all quality processes like CAPAs, risk, audits and more. Greenlight Guru’s platform is used by thousands of users across the globe to push beyond baseline compliance achieving True Quality. For more information, visit www.greenlight.guru.
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