When was NewIcon founded?

NewIcon was founded in 2007 and raised its 1st funding round 7 years after it was founded.

Where is NewIcon located?

NewIcon is headquartered in Kuopio, Finland. It is registered at 12, Klosterbakken, Odense C, 5000.

How many employees does NewIcon have?

As of May 31, 2026, the latest employee count at NewIcon is 27.

Is NewIcon a funded company?

NewIcon is a funded company, having raised a total of $17.4M across 7 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Nov 24, 2014.

When was the latest funding round of NewIcon?

NewIcon's latest funding was a $***** Series A round on Apr 04, 2019, with participation from 1 investor.

Where does NewIcon rank among its competitors?

NewIcon ranks 2nd amongst 45 active competitors, of which 4 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Shenzhen Bowei Medical Robot, which secured $7.29M in Aug, 2022.

Who are the top competitors of NewIcon?

NewIcon's top competitors include MTS Medication Technologies, ScriptPro and Synergy Medical. Among them, Shenzhen Bowei Medical Robot secured the most recent funding round in August, 2022.

NewIcon - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of automation systems for pharmacies and hospital pharmaceutical services. It offers automated dispensing systems for both pharmacies and hospitals. These systems include automated dispensing cabinets and compounding systems. The compounding systems are designed for chemotherapy preparations. It also provides support, operator training, and lifetime care for its systems.

Website: newicon.fi
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Registered Address: 12, Klosterbakken, Odense C, 5000

Key Metrics

Founded Year

2007

Location

Kuopio, Finland

Stage

Series A

Total Funding

$17.4M in 7 rounds

Latest Funding Round

Series A, Apr 04, 2019, $*****

Investors

Springvest & 7 more

Ranked

2^nd among 45 active competitors

Employee Count

27 as on May 31, 2026

Similar Companies

MTS Medication Technologies & 45 more

View NewIcon's full profile

NewIcon is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
NewIcon Group DK ApS CIN: 37844349 , Denmark, Active	Jun 30, 2016	-	1 (As on May 31, 2022)

NewIcon has raised a total funding of $17.4M over 7 rounds. Its first funding round was on Nov 24, 2014. Its latest funding round was a Series A round on Apr 04, 2019 for $*****. 1 investor participated in its latest round. NewIcon has 8 institutional investors.

Here is the list of recent funding rounds of NewIcon:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 04, 2019	9221103	Series A	4987697	5274604	7873412	3607726
May 11, 2018	8462230	Series A	2241637	4848363	9478482	9945123
Mar 01, 2017	8836592	Series A	9341688	9678105	Springvest	3529262

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View details of NewIcon's funding rounds and investors

The founders of NewIcon is Ossi Parviainen.

Here are the details of NewIcon's key team members:

Ossi Parviainen: Founder & CEO of NewIcon.
Contact Info: 1 email address

View details of NewIcon's Founder profiles and Board Members

NewIcon's employee count trend

NewIcon has 27 employees as of May 26. Here is NewIcon's employee count trend over the years:

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Top competitors of NewIcon include MTS Medication Technologies, ScriptPro and Synergy Medical. Here is the list of Top 10 competitors of NewIcon, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	MTS Medication Technologies 1984, St. Petersburg (United States), Acquired	Developer of automated medication dispensing machine	$13M	Excellere, Berwind & 2 others	43/100
2nd	NewIcon 2007, Kuopio (Finland), Series A	Provider of automation systems for pharmacies and hospital pharmaceutical services	$17.4M	European Investment Bank, Highlight Capital ... & 6 others	42/100
3rd	ScriptPro 1994, Kansas City (United States), Unfunded	Pharmacy automation solutions	-	-	41/100
4th	Synergy Medical 2008, Longueuil (Canada), Acquired	Provider of a pharmacy automation system for medication dispensing	-	-	40/100
5th	Medical Yours Robotics 2023, Osaka (Japan), Unfunded	Platform offering robot pharmacy services using the automated drug dispensing technology	-	-	38/100
6th	Riedl Automation 2008, Plaue (Germany), Unfunded	Provider of an automated storage systems for the pharmaceutical sector	-	-	37/100
7th	Parata Systems 2001, Durham (United States), Acquired	Pharmacy automation solutions for improved medication adherence, workflow, and inventory management	-	Frazier Healthcare Partners	37/100
8th	Shenzhen Bowei Medical Robot 2015, Shenzhen (China), Series B	Manufacturer of medical robots and related software for healthcare applications	$7.29M	Cash Capital, Shenzhen Science and Technology Innovation Committee ... & 2 others	33/100
9th	InstyMeds 2001, Minneapolis (United States), Unfunded	Automated medication dispensing systems improving patient adherence and access to prescriptions	-	-	32/100
10th	VanrX Pharmasystems 2007, Burnaby (Canada), Acquired	Provider of technology solution for production of sterile injectable pharmaceuticals	-	Q4 Capital	32/100