MTS Medication Technologies

St. Petersburg, United States Founded: 1984 • Age: 42 yrs Acquired By Omnicell
Developer of automated medication dispensing machine
Annual revenue - Latest available
Total funding $13.0M 1 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors 7 Brand Intelligence

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
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Mts Medication Technologies, Inc
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $13 M (USD)

    in 1 rounds

  • Latest Funding Round
    $13 M (USD), Series B

    Jun 01, 2004

  • Investors
    Omnicell

    & 3 more

  • Employee Count
    Not available
  • Acquired by
    Omnicell

    & 1 more

    (May 02, 2012)

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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
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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Investor details for MTS Medication Technologies

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Investments & Acquisitions by MTS Medication Technologies

Investments
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Investment portfolio details for MTS Medication Technologies

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Financial Statements - MTS Medication Technologies

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Detailed financials for MTS Medication Technologies

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Mts Medication Technologies Comparisons

MTS Medication Technologies Primary company
Description
Developer of automated medication dispensing machine
Location
St. Petersburg, United States
Founded Year
1984
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for MTS Medication Technologies

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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.

Company Name Domain Founded year HQ Location Description
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Automated pharmacy dispensing and adherence packaging solutions are provided.
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Pharmacy automation storage solutions are provided for hospitals and pharmacies.
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Automated pharmacy dispensing robots are developed for efficient medicine handling.
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Online platform for compliance aid and pharmacy automation
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Offers software and technology for automated pharmacy dispensing workflows globally.
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Detailed competitors of MTS Medication Technologies

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Latest news on Mts Medication Technologies

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Complete news archive for MTS Medication Technologies

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Frequently Asked Questions about MTS Medication Technologies

MTS Medication Technologies was founded in 1984 and raised its 1st funding round 20 years after it was founded.

MTS Medication Technologies is headquartered in St. Petersburg, United States. It is registered at St. Petersburg, Florida, United States.

MTS Medication Technologies is a funded company, having raised a total of $13M across 1 funding round to date.

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.

MTS Medication Technologies's top competitors include Parata Systems, Synergy Medical and NewIcon.

MTS Medication Technologies has 4 investors. Key investors include Omnicell, Bank of America, Berwind, and Excellere Partners.

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