About MTS Medication Technologies
MTS Medication Technologies is a company based in St. Petersburg (United States) founded in 1984 was acquired by Omnicell in May 2012.. MTS Medication Technologies has raised $13 million across 1 funding round from investors including Omnicell, Bank of America and Berwind. MTS Medication Technologies operates in a competitive market with competitors including Parata Systems, NewIcon, Rowa, Med Management and Centred Solutions, among others.
- Headquarter St. Petersburg, United States
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Sectors
Healthcare
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Phone
*********
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Website
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- Legal Name Mts Medication Technologies, Inc
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Funding Insights of MTS Medication Technologies
MTS Medication Technologies has successfully raised a total of $13M through 1 strategic funding round. The most recent funding activity was a Series B round of $13 million completed in June 2004. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series B — $13.0M
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First Round
First Round
(01 Jun 2004)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2004 | Amount | Series B - MTS Medication Technologies | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in MTS Medication Technologies
MTS Medication Technologies has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Omnicell, Bank of America and Berwind. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Berwind is operated as a family-owned investment management company.
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Excellere Partners is engaged in private equity investments.
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Commercial banking and asset management services are offered worldwide.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MTS Medication Technologies
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - MTS Medication Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mts Medication Technologies Comparisons
Competitors of MTS Medication Technologies
MTS Medication Technologies 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 Parata Systems, NewIcon, Rowa, Med Management and Centred Solutions, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Automated pharmacy dispensing and adherence packaging solutions are provided.
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| domain | founded_year | HQ Location |
Pharmacy automation storage solutions are provided for hospitals and pharmacies.
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| domain | founded_year | HQ Location |
Automated pharmacy dispensing robots are developed for efficient medicine handling.
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| domain | founded_year | HQ Location |
Online platform for compliance aid and pharmacy automation
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| domain | founded_year | HQ Location |
Offers software and technology for automated pharmacy dispensing workflows globally.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about MTS Medication Technologies
When was MTS Medication Technologies founded?
MTS Medication Technologies was founded in 1984 and raised its 1st funding round 20 years after it was founded.
Where is MTS Medication Technologies located?
MTS Medication Technologies is headquartered in St. Petersburg, United States. It is registered at St. Petersburg, Florida, United States.
Is MTS Medication Technologies a funded company?
MTS Medication Technologies is a funded company, having raised a total of $13M across 1 funding round to date. The company's 1st funding round was a Series B of $13M, raised on Jun 01, 2004.
What does MTS Medication Technologies do?
MTS Medication Technologies (acquired by Omnicell) has developed medication adherence packaging systems. The system enables the pharmacies to manage medication dispensing and administration. The company has developed automated packaging machinery and consumables.
Who are the top competitors of MTS Medication Technologies?
MTS Medication Technologies's top competitors include Parata Systems, Synergy Medical and NewIcon.
Who are MTS Medication Technologies's investors?
MTS Medication Technologies has 4 investors. Key investors include Omnicell, Bank of America, Berwind, and Excellere Partners.
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