Finite State vs MedCrypt (2026)
Both sell to medical device manufacturers facing FDA cybersecurity requirements. Finite State builds the software inventory from what ships: it unpacks firmware, analyzes binaries and source code, and judges whether a vulnerable code path can execute. Findings become SBOMs, VEX decisions with their rationale, and evidence packages for 510(k) and Section 524B submissions. MedCrypt takes a device team through the premarket cybersecurity submission itself. Its lead service covers threat modeling, document generation, audit scans of the submission package and advisory hours from former FDA reviewers. Helm manages SBOMs and vulnerabilities across a portfolio, with a language model that enriches vulnerability records. Choose Finite State to analyze the firmware you ship; choose MedCrypt for help building and defending the submission, at published prices.
- Your SBOM should be built from shipped firmware as well as declared components.
- VEX decisions should rest on reachability analysis of the code.
- Findings should flow from build pipelines such as GitHub Actions, GitLab CI and Jenkins.
- You want former FDA reviewers advising on the submission.
- The submission package should be audited against FDA requirements before filing.
- Published prices suit how you buy: $35,000 per product line a year, or $499 per user a month for Helm.
This comparison is published by AI Health Index, an independent research platform that compares healthcare AI vendors objectively. Finite State and MedCrypt are each graded against the same capability taxonomy, from each vendor's own public materials and the regulatory record, under the AI Health Index verification standard. No vendor pays for placement, and no vendor has reviewed this page. How this evidence is graded
Plain facts
| Fact | Finite State | MedCrypt |
|---|---|---|
| Primary category | Healthcare Cybersecurity | Healthcare Cybersecurity |
| Founded | 2017 | 2016 |
| Headquarters | Columbus, Ohio, United States | Solana Beach, California, United States |
| Website | finitestate.io | medcrypt.com |
Side by Side
Select any grade to read the note behind it.
Each vendor in one paragraph
Written to be quoted whole. Each paragraph opens the AI Health Index profile of the vendor: what the product is, who buys it and what it does.
Finite State sells a product security platform to makers of connected devices, including medical device manufacturers, automotive, energy, industrial and government suppliers. It builds the software inventory from what actually ships: it unpacks firmware across more than 50 binary instruction set architectures, analyzes binaries and source code, imports supplier SBOMs, and uses reachability analysis over call graphs and entry points to judge whether a vulnerable code path can execute.
Source: AI Health Index, September 2026
Medcrypt sells cybersecurity compliance software and services to medical device manufacturers rather than to hospitals. Its lead offer, Medcrypt Security Intelligence (MSI), takes a device team through an FDA premarket cybersecurity submission and what follows it: a free readiness check scored against the domains FDA reviews, threat modeling and risk assessment, document generation, audit scans of a submission package against FDA requirements, deficiency letter responses, and postmarket monitoring through MedISAO membership, with advisory hours from former FDA reviewers in every tier.
Source: AI Health Index, September 2026
Questions buyers ask
How do Finite State and MedCrypt work with the EHR?
For Finite State, the platform page names GitHub Actions, GitLab CI and Jenkins for release pipelines, REST and GraphQL APIs, a CLI, IDE integrations and ticketing workflows, and the changelog records Jira ticket scope and a scan queue API. The platform imports supplier SBOMs and third party findings alongside its own analysis and draws on more than 120 intelligence sources.
With MedCrypt, the Helm documentation covers an API and SDK, a GitHub Action and an Azure DevOps extension that ingest SBOMs from build pipelines, and exports that send vulnerabilities to Jira and to AWS; SBOMs are accepted in CycloneDX and SPDX, and reports export as FDA SBOM, VEX and VDR files. Threat modeling works from AWS, Visio and draw.io architecture diagrams. From the AI Health Index, drawn from each vendor's own published materials and the regulatory record, verified September 30, 2026. No vendor pays for placement.
How do Finite State and MedCrypt handle patient data?
In Finite State's case, the product handles manufacturers' firmware, binaries and source code rather than patient data. The pricing page says data is encrypted at rest and in transit and hosted in the US by default.
For MedCrypt, the product handles device manufacturers' software bills of materials, threat models, risk assessments and submission packages, which map a device's known weaknesses; it is not described as handling patient data, and Guardian's device telemetry is not described either. The only privacy document is a website policy dated 18 September 2023, written for visitors to the Medcrypt site. From the AI Health Index, drawn from each vendor's own published materials and the regulatory record, verified September 30, 2026. No vendor pays for placement.
Which settings and specialties do Finite State and MedCrypt cover?
Finite State serves makers of connected products: medical devices, automotive, energy and utilities, government and industrial control systems, with medical device support covering FDA 510(k) and 524B submissions, postmarket obligations, IEC 62304, EU MDR and UL 2900. It covers design through post-market, from threat modeling to SBOMs, reachability, release evidence and monitoring.
In MedCrypt's case, the platform serves medical device manufacturers: regulatory affairs, quality, product security and engineering teams preparing FDA 510(k), De Novo and PMA submissions, EU MDR and Health Canada filings, and postmarket monitoring for the life of a device. From the AI Health Index, drawn from each vendor's own published materials and the regulatory record, verified September 30, 2026. No vendor pays for placement.
How much do Finite State and MedCrypt leave to the clinician?
Finite State describes "autonomous, review-gated workflows" that produce "Reviewable evidence packages" and "Reachability explanations", and says affected and not affected decisions come with "defensible rationale that stays consistent across reruns".
With MedCrypt, the Helm documentation labels AI guidance a supplement: "AI recommendations are meant to supplement, not replace, security expertise. Always validate suggestions against your specific environment and security policies", and each recommendation carries source links for checking. Technology stack tagging is a beta shown as badges and filters rather than an automatic exclusion. From the AI Health Index, drawn from each vendor's own published materials and the regulatory record, verified September 30, 2026. No vendor pays for placement.
Related comparisons
Other published head to head assessments involving these vendors or their closest peers. The full set for this category is on the Healthcare Cybersecurity page.
Both records were reviewed on this site in September 2026. Neither claims an FDA clearance. Neither states its own regulatory position. Both work on the manufacturer's device. Finite State says it holds SOC 2 Type 2. MedCrypt publishes no security attestation. Neither publishes a subprocessor list, a model provider or a policy on training with customer data. Finite State reports 10.9 million findings analyzed and 4.4 million removed as unreachable. It publishes no accuracy figure for that reachability call. It gives its noise reduction as 95, 92 and 90 percent on different pages. Nothing says which not affected decisions need a person's sign off. MedCrypt's home page says "100% FDA approval rate, guaranteed" and states no terms for the guarantee. Finite State prices by usage and publishes no figures.
Ask Finite State which VEX decisions a person signs, and ask MedCrypt what its guarantee commits it to if a submission is refused.