About Parata Systems
Parata Systems is a company based in Durham (United States) founded in 2001 was acquired by Becton Dickinson in June 2022.. Parata Systems has completed 1 acquisition, including Synergy Medical. Parata Systems offers products and services including Vial Filling, Adherence Packaging, Central Fill, and Inventory Management. Parata Systems operates in a competitive market with competitors including NewIcon, MTS Medication Technologies, Shenzhen Bowei Medical Robot, Rowa and ScriptPro, among others.
- Headquarter Durham, United States
-
Sectors
HealthcareIndustrial Goods & Manufacturing
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Parata Systems, Llc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
-
Investors
BD
& 1 more
-
Employee Count
Employee Count
- Investments & Acquisitions
- Acquired by
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Parata Systems
Parata Systems offers a comprehensive portfolio of products and services, including Vial Filling, Adherence Packaging, Central Fill, and Inventory Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automates filling of vials for efficient pharmacy operations
Provides packaging to enhance patient medication adherence
Centralizes pharmacy filling for scalable operations
Manages stock to reduce waste in pharmacies
Unlock access to complete
Funding Insights of Parata Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Parata Systems
Parata Systems has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include BD and TCGRx. 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 |
|---|---|---|---|---|
|
BD is recognized for providing innovative medical technology solutions.
|
Founded Year | Domain | Location | |
|
Provider of medication adherence and robotic dispensing technologies
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Parata Systems
Parata Systems has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Synergy Medical. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
An automated pharmacy system for medication dispensing is provided.
|
2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Parata Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Parata Systems Comparisons
Competitors of Parata Systems
Parata Systems 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 NewIcon, MTS Medication Technologies, Shenzhen Bowei Medical Robot, Rowa and ScriptPro, 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 |
Pharmacy automation storage solutions are provided for hospitals and pharmacies.
|
|
| domain | founded_year | HQ Location |
Developer of automated medication dispensing machine
|
|
| domain | founded_year | HQ Location |
Robots for healthcare are designed and manufactured.
|
|
| domain | founded_year | HQ Location |
Automated pharmacy dispensing robots are developed for efficient medicine handling.
|
|
| domain | founded_year | HQ Location |
Provides pharmacy management systems and workflow tools for efficiency and accuracy.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Parata Systems
Frequently Asked Questions about Parata Systems
When was Parata Systems founded?
Parata Systems was founded in 2001.
Where is Parata Systems located?
Parata Systems is headquartered in Durham, United States. It is registered at Durham, North Carolina, United States.
What does Parata Systems do?
Parata Systems was founded in 2001 in Durham, United States, within the healthcare technology sector. Automated solutions for pharmacy dispensing and medication adherence packaging are developed. Devices that handle pill counting, dispensing, and labeling are produced, including products such as Parata Max, Parata Mini, Pharmacy 2000, FlexCheck, and Accucount. An Automated Pharmacy Machine (APM) is offered, enabling self-service access to medicines via kiosks similar to ATMs.
Who are the top competitors of Parata Systems?
Parata Systems's top competitors include MTS Medication Technologies, NewIcon and Shenzhen Bowei Medical Robot.
What products or services does Parata Systems offer?
Parata Systems offers Vial Filling, Adherence Packaging, Central Fill, and Inventory Management.
How many acquisitions has Parata Systems made?
Parata Systems has made 1 acquisition, including Synergy Medical.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.