MTS Medication Technologies - About the company
MTS Medication Technologies is an acquired company based in St. Petersburg (United States), founded in 1984. It operates as a Developer of automated medication dispensing machine. MTS Medication Technologies has raised $13M in funding. The company has 27 active competitors, including 2 funded and 5 that have exited. Its top competitors include companies like Parata Systems, Synergy Medical and NewIcon.
Company Details
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.
- Website
- mts-mt.com
Key Metrics
Founded Year
1984
Location
St. Petersburg, United States
Stage
Acquired
Total Funding
$13M in 1 round
Latest Funding Round
Investors
Ranked
2nd among 27 active competitors
Employee Count
132 as on Apr 30, 2026
Similar Companies
Exit Details
Acquired by Omnicell (May 02, 2012)
Legal entities associated with MTS Medication Technologies
MTS Medication Technologies is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Mts Medication Technologies, Inc CIN: 59-2740462 , United States, Active | - | - | - |
MTS Medication Technologies's acquisition details
MTS Medication Technologies got acquired by Omnicell on May 02, 2012 at an acquisition amount of $*****.
Click here to take a look at MTS Medication Technologies's acquisition in detail
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MTS Medication Technologies's funding and investors
MTS Medication Technologies has raised a total funding of $13M over 1 round. Its latest funding round was a Series B round on 2004 for $*****. 2 investors participated in its latest round. MTS Medication Technologies has 3 institutional investors.
Here is the list of recent funding rounds of MTS Medication Technologies:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
2004 | 6056 | Series B | 5318 | 6640 | 2675 | 8367 |
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MTS Medication Technologies' founders and board of directors
Founder? Claim ProfileMTS Medication Technologies' employee count trend
MTS Medication Technologies has 132 employees as of Apr 26. Here is MTS Medication Technologies's employee count trend over the years:
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MTS Medication Technologies's Competitors and alternates
Top competitors of MTS Medication Technologies include Parata Systems, Synergy Medical and NewIcon. Here is the list of Top 10 competitors of MTS Medication Technologies, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Parata Systems 2001, Durham (United States), Acquired | Pharmacy automation solutions for improved medication adherence, workflow, and inventory management | - | - | 51/100 |
2nd |  MTS Medication Technologies 1984, St. Petersburg (United States), Acquired | Developer of automated medication dispensing machine | $13M | 42/100 | |
3rd | Synergy Medical 2008, Longueuil (Canada), Acquired | Provider of a pharmacy automation system for medication dispensing | - | - | 40/100 |
4th | Provider of automation systems for pharmacies and hospital pharmaceutical services | $17.4M | 33/100 | ||
5th | InstyMeds 2001, Minneapolis (United States), Unfunded | Automated medication dispensing systems improving patient adherence and access to prescriptions | - | - | 33/100 |
6th |  Advanced Robotics AI 2020, Pasadena (United States), Funding Raised | Provider of robotics solutions for medical applications | - | 29/100 | |
7th |  Centred Solutions 2016, Runcorn (United Kingdom), Unfunded | Provider of software and hardware solutions for automated pharmacy dispensing system | - | - | 28/100 |
8th | Script Runner 2023, Toronto (Canada), Unfunded | AI powered medication logistics software for pharmacies and healthcare providers | - | - | 25/100 |
9th | Provider of medication management solution for healthcare settings | - | - | 25/100 | |
10th |  Vendingmedical Germany, Unfunded | Provider of automated medical dispensing solutions for healthcare inventory management | - | - | 24/100 |
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MTS Medication Technologies's Investments and acquisitions
MTS Medication Technologies has made no investments or acquisitions yet.
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