Firm awarded bronze medal in engineering for unparalleled support of community and industry
HOUSTON – December 8, 2020 – Velentium, a professional engineering firm that specializes in the design and manufacturing of therapeutic and diagnostic active medical devices for companies ranging from startups to Fortune 100s, has been named to Inc.’s inaugural Best in Business list in the Engineering category. Inc. created the Best in Business Awards to honor companies that have gone above and beyond to make a positive difference.
The list, which can be found in the Winter issue of Inc. (on newsstands December 29, 2020), recognizes small- and medium-size privately held American businesses that have had a superlative impact on their communities, their industries, the environment, or society as a whole.
“This year has presented extraordinary challenges, and despite it all, our staff has figured out how to navigate the constraints and obligations of their new working conditions and schedule, while still producing high-quality work at a stunning pace,” said Dan Purvis, chief executive officer of Velentium. “Our guiding passion is to help our clients change lives for a better world. In the past 12 months, our team has gone above and beyond to scale our operations, create breakthrough industry resources, and design, develop and manufacture critical technologies that enable paralyzed people to walk again, grant those who have lost the ability to remember to regain memory function, and provide relief to those suffering from chronic pain.”
Scott Omelianuk, editor-in-chief of Inc., says, "It's been an incredibly challenging year for companies. Across industries, businesses have had to make brutally tough decisions and face unprecedented uncertainty. That's why we knew 2020 called for a new recognition program, something to complement our annual Inc. 5000 list of the fastest-growing private companies in the country. For Best in Business, companies have prioritized tackling today’s problems to lead us to a better future, even if they’ve struggled to stay in the black."
Instead of relying on quantitative criteria linked to sales or funding, Inc.'s editors reviewed the companies' achievements over the past year and noted how they made a positive difference in the world. They then selected honorees in more than 30 different industries--health, software, retail, business services, and more--and in age- and revenue-based categories. The applicant pool was very competitive, with around 2,700 entries and an acceptance rate in the low single digits—a huge success for these honors in their inaugural year. Earlier this year, Velentium was ranked 2500 on Inc. Magazine’s 39th annual list of the fastest-growing privately held companies, the Inc. 5000.
Honorees for gold, silver, bronze, and general excellence across industries and categories are featured online at inc.com/best-in-business.
About Velentium
Headquartered in Houston, Texas with operations globally, Velentium is a professional engineering firm that specializes in the design and manufacturing of therapeutic and diagnostic active medical devices for Fortune 100 companies and startups. The company offers world-class expertise in software, usability, cybersecurity, electrical and mechanical development for medical equipment. Velentium transforms IP into safe and secure products that will support healthcare professionals, patients and communities, and ultimately, change lives for a better world. For more information, visit www.velentium.com.
About Inc. Media
The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across various channels, including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the Inc. 5000 allows these founders a chance to engage with their peers' in an exclusive community with the credibility to help drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
Media Contact: Victoria Cook, Pierpont Communications for Velentium, vcook@piercom.com, 713-627-2223