Quality Management Software Platform Greenlight Guru Receives $120M Growth Investment From JMI Equity

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Below is our recent interview with Naomi Gollmer, from Greenlight Guru:

Q: Could you provide our readers with a brief introduction to your company?

A: Greenlight Guru is a modern quality management software platform built exclusively for the unique needs of the medical device industry.

Our platform is currently being used by innovative medical device companies in over 600 cities and 50 countries on 6 continents to bring new products to market faster while improving quality, simplifying regulatory compliance, and reducing risk.

Device makers across the globe are replacing their outdated paper-based and general purpose legacy quality systems with Greenlight Guru.

As the only industry specific cloud-based eQMS, Greenlight Guru is easier to implement and use, allowing companies to innovate faster and be more efficient.

Q: Any highlights on your recent announcement?

A: Greenlight Guru received a strategic growth investment of over $120 million from JMI Equity, a growth equity firm focused on investing in leading software companies.

“We listened to the needs of the medical device industry and chose JMI Equity as a strategic partner because they are experts at achieving growth by putting the customer first,” said David DeRam, CEO of Greenlight Guru. “We’ve been extremely deliberate when taking on investment because we wanted to ensure we found the right partner for us and our customers. This partnership will allow us to accelerate the value we provide to our customers as we remain committed to helping medical device companies get their life-changing products to patients and achieve our mission of improving the quality of life.”

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Q: Can you give us more insights into your offering?

A: Medical device companies face many challenges when bringing a new device to market. Regulations are constantly changing and can be difficult to understand. Greenlight Guru helps medical device companies clear the quality and regulatory hurdles that can prevent their life-changing devices from getting to market. With Greenlight Guru, these companies are able to get their devices on the market faster and keep their devices on the market longer, all while presenting less risk to the patient.

Q: What can we expect from your company in next 6 months? What are your plans?

A: In the next 6 months, Greenlight Guru plans to use this investment to further our headcount and continue working on product development to always provide the best products and services to our customers.

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Q: What is the best thing about your company that people might not know about?

A: The culture at Greenlight Guru allows employees to feel emotionally supported. Part of the foundation for this support is the company’s mindset coach, Kevin Bailey (Founder and CEO of Dreamfuel). Employees are taught ways to de-stress and consistently reframe thoughts in a positive light through breathing exercises and journaling. Personal and professional growth is encouraged throughout the company by providing employees with resources like mindset coaching, WHOOP watches, and motivational speakers.