Our Investment In Qualio: A New Breed of Quality Management System for Life Sciences

I’m excited to announce our investment in Qualio as it expands accessibility of its QMS and services for life sciences customers across the globe and builds towards its vision of becoming the “Quality Operating System” for life sciences. Unlike companies in other industries, life sciences companies have a very high burden of proof not just on the efficacy and safety of their product but also the quality and consistency of production.

Qualio is a quality management SaaS platform that was founded by CEO Robert Fenton. It helps regulated life sciences companies track and maintain quality records and data to comply with regulation mandated by the FDA and certifying bodies like ISO. In the past, large life sciences companies have had QMS but the rest of the ecosystem was getting by with pen and paper or simple homegrown systems like document storage in Google Drive and Box. However, the compliance burden has increased and a lack of a robust QMS to manage these quality processes could hamper time to market. To keep pace with industry innovation, modern life science companies simply can’t afford to have inefficient quality management slow down product accessibility. Not to mention, quality problems could lead to a “lights out” scenario if the regulators felt like proper controls weren’t in place to ensure quality and safety for patients and consumers.

Robert Fenton, CEO of Qualio

Qualio has all the elements of the Menlo “Trifecta”; three attributes which guide our investment in SaaS companies:

1. A clear wedge to modernize antiquated but critical workflows

Qualio replaces homegrown systems of tools stitched together to create manual processes. This is especially risky in quality given how important the function becomes for life sciences.

Qualio is in good company as it joins Menlo’s portfolio of industry leading life science SaaS companies such as Benchling, a platform which brings researches together to share their work and collaborate on projects while building a digital system of record and H1, a data-rich SaaS platform which helps medical and commercial teams engage with physicians about new medicines. You can read more about our approach to vertical SaaS and life sciences here. If you’re a founder and excited about building the next big vertical SaaS company, please get in touch.

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Menlo Ventures

Menlo Ventures

A venture capital firm that strives to have a positive impact on everything we do. When we’re in, we’re all in. www.menlovc.com