The list honors companies owned by former students of Texas A&M University
HOUSTON, TX – November 2, 2021 – Velentium – a professional engineering firm that specializes in the design and manufacturing of therapeutic and diagnostic active medical devices – is among the top 100 companies from around the world selected for the 17th annual Aggie 100 list. The Aggie 100 honors the fastest-growing companies owned by former students of Texas A&M University. Velentium was recognized as No. 38 with a compound annual growth rate of 53.3 percent. The Aggie 100 is founded and sponsored by the McFerrin Center for Entrepreneurship at Texas A&M University.
Co-founded by Aggie alumnus Dan Purvis in 2012, Velentium offers world-class expertise in software, usability, cybersecurity, electrical and mechanical development for medical equipment. The company transforms IP into safe and secure products that will support healthcare professionals, patients and communities, and ultimately, change lives for a better world. Paul Oliphant, CFO of Velentium, graduated alongside Purvis as part of the Class of ’94.
“As a former student of Texas A&M, it is a tremendous honor to have Velentium named to this year’s Aggie 100,” said Purvis. “My education instilled an entrepreneurial spirit in me early on in my career. With the support of our personal and professional network, Velentium has grown its talent, reach, portfolio, and most importantly, the number of lives positively impacted by advances in MedTech. Our success and ability to transform medical devices from perceived sci-fi to life-changing reality would not have been possible without the dedication of our employees, partners and clients."
The 100 Aggie-owned companies with the highest compound annual revenue growth from 2018 to 2020 were recognized at a formal celebration at the Hall of Champions at Texas A&M University’s Kyle Field on Friday, Oct. 22, 2021. The honorees were joined in celebration by family, friends, employees, faculty, administrators, current students, and fellow entrepreneurs.
“As we mark our 17th Annual Celebration of the Aggie 100TM program, we applaud the ingenuity, determination, and success of Aggie Entrepreneurs across the globe by raising up our newest class of Aggie 100TM honorees. Despite the tremendous challenges that all businesses have faced in the recent past (and present), the astounding levels of growth and prosperity exhibited by each member company in the Class of 2021 demands our respect, our recognition, and our privilege of welcoming them as the newest additions to our Aggie 100TM family” said Blake Petty, Executive Director of the McFerrin Center for Entrepreneurship.
A complete Aggie 100 list can be viewed at www.aggie100.com
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.