--- title: "Startup Lifecycle - MedTech Ecosystems" description: "Term sheets, valuation, liquidation preferences, tranched financing, and the milestones that move a MedTech startup from preclinical to commercial." lang: en json-ld: --- [ MedTech Terms The authoritative reference ](/) Browse Learn [Latest](/latest) About [All ecosystems](/ecosystems) Ecosystem # Startup Lifecycle Term sheets, valuation, liquidation preferences, tranched financing, and the milestones that move a MedTech startup from preclinical to commercial. 80 terms ## Regulatory13 - [510(k) Summary vs 510(k) Statement ](/terms/510k-summary-vs-statement) - [Additional Condition for Nonprescription Use(ACNU) ](/terms/acnu) - [Companion Diagnostic (IVDR)(CDx) ](/terms/ivdr-companion-diagnostic) - [General Safety and Performance Requirements(GSPRs) ](/terms/gspr) - [General Safety and Performance Requirements (IVDR)(GSPR) ](/terms/ivdr-gspr) - [High-Risk AI System (EU AI Act) ](/terms/ai-act-high-risk-system) - [Instructions for Use(IFU) ](/terms/ifu) - [IVDR Performance Evaluation ](/terms/ivdr-performance-evaluation) - [Ministry of Food and Drug Safety (Korea)(MFDS) ](/terms/mfds) - [Post-Market Surveillance Plan (IVDR) ](/terms/ivdr-pms-plan) - [Safer Technologies Program(STeP) ](/terms/step) - [Summary of Safety and Clinical Performance(SSCP) ](/terms/sscp) - [Summary of Safety and Performance (IVDR)(SSP) ](/terms/ivdr-summary-safety-performance) ## Quality & Risk3 - [Internal Audit ](/terms/internal-audit) - [Management Review ](/terms/management-review) - [Summative vs. Formative Evaluation ](/terms/summative-formative) ## Cybersecurity2 - [Health Industry Cybersecurity Practices(HICP) ](/terms/hicp) - [Software Safety Case ](/terms/software-safety-case) ## Clinical & Trials8 - [Clinical Evaluation Plan(CEP) ](/terms/clinical-evaluation-plan) - [Clinical Evaluation Report(CER) ](/terms/cer) - [Data Safety Monitoring Board(DSMB) ](/terms/dsmb) - [Early Feasibility Study(EFS) ](/terms/efs) - [Feasibility Study ](/terms/feasibility-study) - [Human Factors Engineering(HFE) ](/terms/human-factors) - [Pivotal Trial ](/terms/pivotal-trial) - [Unanticipated Adverse Device Effect(UADE) ](/terms/uade) ## Standards5 - [ASTM F2503 ](/terms/astm-f2503) - [IEC 60601-1 ](/terms/iec-60601-1) - [IEC 60825 ](/terms/iec-60825) - [IEC 82304-1 ](/terms/iec-82304-1) - [ISO 10993-1 ](/terms/iso-10993-1) ## Software & AI1 - [Software Safety Classification ](/terms/software-safety-class) ## Post-Market8 - [Customer Notification Letter ](/terms/customer-notification) - [Field Safety Corrective Action(FSCA) ](/terms/fsca) - [Health Hazard Evaluation(HHE) ](/terms/health-hazard-eval) - [Medical Device Vigilance ](/terms/vigilance) - [Periodic Safety Update Report(PSUR) ](/terms/psur) - [Post-Market Clinical Follow-up(PMCF) ](/terms/pmcf) - [Post-Market Surveillance(PMS) ](/terms/post-market-surveillance) - [PSUR (IVDR Specific) ](/terms/psur-ivdr) ## Investment & Finance38 - [409A Valuation ](/terms/409a-valuation) - [Anti-Dilution Protection ](/terms/anti-dilution) - [Bridge Round ](/terms/bridge-round) - [Burn Rate ](/terms/burn-rate) - [Burn Rate and Runway ](/terms/burn-runway) - [Capitalization Table(Cap Table) ](/terms/cap-table) - [Convertible Note ](/terms/convertible-note) - [Dilution ](/terms/dilution) - [Down Round ](/terms/down-round) - [Drag-Along and Tag-Along Rights ](/terms/drag-tag-along) - [Due Diligence ](/terms/due-diligence) - [Earn-Out ](/terms/earn-out) - [Employee Option Pool ](/terms/option-pool) - [Exit Multiple ](/terms/exit-multiple) - [Initial Public Offering(IPO) ](/terms/ipo) - [Limited Partner / General Partner(LP / GP) ](/terms/lp-gp) - [Liquidation Preference ](/terms/liquidation-preference) - [Liquidity Event ](/terms/liquidity-event) - [Mergers and Acquisitions(M&A) ](/terms/m-and-a) - [Milestone Payment ](/terms/milestone-payment) - [Milestone-Based Tranche ](/terms/milestone-tranche) - [Non-Dilutive Funding ](/terms/non-dilutive-funding) - [Post-Money Valuation ](/terms/post-money-valuation) - [Pre-Money Valuation ](/terms/pre-money-valuation) - [Preferred Stock ](/terms/preferred-stock) - [Pro-Rata Rights ](/terms/pro-rata-rights) - [Royalty Financing ](/terms/royalty-financing) - [Runway ](/terms/runway) - [SBIR / STTR Grants(SBIR/STTR) ](/terms/sbir-sttr) - [Series A / B / C Financing Rounds ](/terms/series-funding) - [Simple Agreement for Future Equity(SAFE) ](/terms/safe-note) - [Special Purpose Acquisition Company(SPAC) ](/terms/spac) - [Strategic Investor ](/terms/strategic-investor) - [Term Sheet ](/terms/term-sheet) - [Tranched Financing ](/terms/tranched-financing) - [Valuation Cap ](/terms/valuation-cap) - [Venture Debt ](/terms/venture-debt) - [Vesting Schedule ](/terms/vesting) ## Reimbursement2 - [340B Drug Pricing Program(340B) ](/terms/340b) - [Health Technology Assessment(HTA) ](/terms/hta) ### Other ecosystems [Regulated Pathways](/ecosystems/regulated-pathways)[AI / ML in Devices](/ecosystems/ai-ml)[Connected & Cyber-Physical Devices](/ecosystems/connected-devices)[Software Lifecycle](/ecosystems/software-lifecycle)[Quality System](/ecosystems/quality-system)[Clinical Evidence](/ecosystems/clinical-evidence)[Post-Market & Safety](/ecosystems/post-market-safety)[Global Markets](/ecosystems/global-markets)[Hospital Buyer & Reimbursement](/ecosystems/hospital-buyer)[Strategic Landscape](/ecosystems/strategic-landscape)[Manufacturing & Supply](/ecosystems/manufacturing-supply) MedTech Terms An authoritative, plain-language reference for the regulatory, quality, cybersecurity, and software terms that shape modern medical devices. 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