Innovation Associates

Johnson, United States Founded: 1972 • Age: 54 yrs
Pharmacy automation solutions
Annual revenue - Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors 3 Known backers
Products 4 Services tracked
Competitors 11 Brand Intelligence

About Innovation Associates

Innovation Associates is a company based in Johnson (United States) founded in 1972. Innovation Associates offers products and services including Fulfillment Software, Robotics, NEXiA Enterprise Software Suite, and 3rd Party Integrations. Innovation Associates operates in a competitive market with competitors including OmniSYS, mPharma, Xevant, Pharmagest and Pharmarack, among others.

  • Headquarter Johnson, United States
  • Sectors
    Healthcare
    Industrial Goods & Manufacturing
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  • Website
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Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
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  • Net Profit
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  • EBITDA
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  • Latest Funding Round
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  • Investors
  • Employee Count
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  • Acquired by
    N/A

    (Nov 13, 2019)

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Products & Services of Innovation Associates

Innovation Associates offers a comprehensive portfolio of products and services, including Fulfillment Software, Robotics, NEXiA Enterprise Software Suite, and 3rd Party Integrations.

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Primary

Manages pharmacy fulfillment processes to enhance workflow efficiency.

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Automates prescription handling to reduce errors and improve accuracy.

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Optimizes pharmacy operations through integrated workflow tools.

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Connects systems for seamless pharmacy fulfillment operations.

People of Innovation Associates

Headcount 500-1000
Employee Profiles 49
Employee Profiles
People
Alecia Lashier
Chief Automation Officer
People
Adam McCauley
Chief Accounting Officer
People
Dave Ristow
Chief Financial Officer
People
Fred Singer
Cost Accounting Manager

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Funding Insights of Innovation Associates

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Detailed funding history for Innovation Associates

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Investors in Innovation Associates

Innovation Associates has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Allomer Capital, Wasson Enterprise and Capstone Consultants.

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Venture Fund
Investor Description Founded Year Domain Location
A private investment firm focused on long-term capital partnerships.
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Delivers comprehensive strategy, business development, and management consulting services.
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Investor details for Innovation Associates

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  • Investor locations
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Investments & Acquisitions by Innovation Associates

Investments
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Investment portfolio details for Innovation Associates

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Financial Statements - Innovation Associates

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Detailed financials for Innovation Associates

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Innovation Associates Comparisons

Innovation Associates Primary company
Description
Pharmacy automation solutions
Location
Johnson, United States
Founded Year
1972
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Innovation Associates

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Competitors of Innovation Associates

Innovation Associates operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as OmniSYS, mPharma, Xevant, Pharmagest and Pharmarack, among others.

Company Name Domain Founded year HQ Location Description
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Offers medical billing services for pharmacies and manages business policies and relationships.
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Provider of pharmacy management services and software for stock management for patients and pharmacies
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A SaaS-based platform for pharmacy benefit management is provided.
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Pharmacy management software is developed and integrated for drugstores worldwide.
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SaaS-based pharmacy management solutions are offered to retailers and distributors.
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Cloud-based software suite for healthcare providers is offered.
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Detailed competitors of Innovation Associates

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Latest news on Innovation Associates

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Complete news archive for Innovation Associates

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Frequently Asked Questions about Innovation Associates

Innovation Associates was founded in 1972.

Innovation Associates is headquartered in Johnson, United States. It is registered at Johnson, Vermont, United States.

Mary Reno is the current CEO of Innovation Associates.

Innovation has developed PharmASSIST line of products which cater to automating dispensing of medicines in a pharmacy. The firm provides workflow management, medicine counting solutions and robotic dispensing solutions. The RobotX offering is a scalable dispensing robot with capacity of 70-140 dispensers. The robot integrates with PharmASSIST symphony suite that enable full tracking and adherence to quality standards.

Innovation Associates's top competitors include mPharma, Scripta Insights and KareXpert.

Innovation Associates offers Fulfillment Software, Robotics, NEXiA Enterprise Software Suite, and 3rd Party Integrations.

Innovation Associates has 3 investors. Key investors include Allomer Capital, Wasson Enterprise, and Capstone Consultants.

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