Asset Manager

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Veranex

Veranex is a MedTech services provider founded in 2021 in Raleigh, North Carolina. The company offers services in clinical research, commercial strategy, and...

Veranex

Veranex is a MedTech services provider founded in 2021 in Raleigh, North Carolina. The company offers services in clinical research, commercial strategy, and other areas. It serves the medical device, diagnostics, life sciences, and other industries.

General information

Firm type

Asset Manager

Year founded

2021

Location

Region

North America

Country

United States

City

Raleigh

Corporate office

Raleigh, NC, United States

Principals

David Dockhorn

Chief Executive Officer

Sector focus

Healthcare ServicesDigital Health

Frequently asked questions

Who runs investment decisions at Veranex?

Veranex is a growth-equity-backed operating company rather than a fund, so investment decisions are corporate strategy choices led by CEO David Dockhorn and the Board of Directors. The private equity sponsor, Summit Partners, has significant influence over capital allocation and M&A strategy. Rick Anderson, appointed Board Chairman in October 2023, brings decades of medtech commercial experience to governance decisions.

How does Veranex source business if client names are not disclosed?

The firm's business development model relies on the existing commercial relationships its six legacy companies brought to the merger in 2021. Its regulatory and clinical expertise also functions as a lead-generation tool — device companies frequently need to solve a regulatory problem before they need a new design project, and Veranex can capture both phases of the engagement.

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