When was Terso Solutions founded?

Terso Solutions was founded in 2005.

Where is Terso Solutions located?

Terso Solutions is headquartered in Madison, United States.

How many employees does Terso Solutions have?

As of Aug 31, 2026, the latest employee count at Terso Solutions is 56.

Where does Terso Solutions rank among its competitors?

Terso Solutions ranks 19th amongst 43 active competitors, of which 5 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was EdgeX, which secured $8.47M in Apr, 2025.

Who are the top competitors of Terso Solutions?

Terso Solutions' top competitors include Sonitor Technologies, Optel Group and CenTrak. Among them, EdgeX secured the most recent funding round in April, 2025.

Terso Solutions - 2026 Company Profile & Competitors

Terso Solutions is an acquired company based in Madison (United States), founded in 2005. It operates as a RFID inventory management solutions for healthcare and life sciences. The company has 43 active competitors, including 5 funded and 3 that have exited. Its top competitors include companies like Sonitor Technologies, Optel Group and CenTrak.

Company Details

RFID inventory management solutions for healthcare and life sciences. They provide automated inventory tracking and monitoring using RAIN RFID technology. The company offers solutions for medical device manufacturers, software vendors, ambulatory surgery centers, pharmaceutical, dental, and hospital settings. Their offerings include RFID cabinets, refrigerators, freezers, mobile devices, read points, and security cabinets. They provide software solutions and services like discovery, set-up, implementation, support, and maintenance. They focus on improving inventory management, surgical loaner kit management, and high-value tissue and implant tracking. They offer supply chain management solutions, integrating with existing systems through their data aggregation platform. They are a technology company offering SaaS solutions.

Website: www.tersosolutions.com/
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Key Metrics

Founded Year

2005

Location

Madison, United States

Stage

Acquired

Ranked

19^th among 43 active competitors

Employee Count

56 as on Aug 31, 2026

Similar Companies

Sonitor Technologies & 47 more

Exit Details

Acquired by PAR Excellence (Sep 23, 2026)

View Terso Solutions' full profile

Terso Solutions got acquired by PAR Excellence on Sep 23, 2026.

Click here to take a look at Terso Solutions's acquisition in detail

Terso Solutions has not raised any funding rounds yet.

Terso Solutions' employee count trend

Terso Solutions has 56 employees as of Aug 26. Here is Terso Solutions's employee count trend over the years:

Employee count trend for Terso Solutions

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Top competitors of Terso Solutions include Sonitor Technologies, Optel Group and CenTrak. Here is the list of Top 10 competitors of Terso Solutions, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Sonitor Technologies 1997, Oslo (Norway), Series B	Provider of ultrasound-based real time locating systems (RTLS)	$51M	Technorocks	52/100
2nd	Optel Group 1989, Quebec City (Canada), Funding Raised	Provider of Track and Trace solutions for the pharma, medical device and healthcare industries	-	Fondaction, BDC & 1 others	50/100
3rd	CenTrak 2003, Newtown (United Kingdom), Acquired	Suite solution for real time visibility to healthcare providers	$832K	Lateral Capital, Ben Franklin Technology Partners	38/100
4th	Navv Systems 2018, Ann Arbor (United States), Series A	Provider of real-time location intelligence and traffic control solutions for hospitals	$10.4M	Arboretum Ventures, Detroit Venture Partners ... & 3 others	36/100
5th	EdgeX 2018, San Diego (United States), Series A	SaaS-based inventory tracking system for hospitals	$8.47M	Plug and Play Tech Center	35/100
6th	Borda Technology 2007, Maslak (Turkey), Funding Raised	Real Time Location System (RTLS) based on RFID technology for Healthcare institutions	-	Innogate	34/100
7th	PointRF Systems 2010, Long Island City (United States), Unfunded	Healthcare RFID RTLS security solutions for tracking	-	-	32/100
8th	WaveMark 2003, Boston (United States), Acqui-Hired	Healthcare solutions provider: medical products, pharmaceuticals, and supply chain	$27.4M	Windcrest Partners, Finney Capital & 2 others	31/100
9th	Versus Tech 1988, Traverse City (United States), Acqui-Hired	Healthcare solutions aligning people and processes for quality medical, dental, and veterinary care	-	-	31/100
10th	Lab Sensor Solutions 2013, Redwood City (United States), Deadpooled	Direct web slots, PG SLOT, no minimum, genuine API, no agents	$425K	Launchpad Digital Health, 500 Global & 1 others	30/100
19th	Terso Solutions 2005, Madison (United States), Acquired	RFID inventory management solutions for healthcare and life sciences	-	-	41/100