Digital Medical Tech, an Annapolis, MD-based solution provider for hospital management and asset tracking, raised $1.5m in seed funding.
St. Louis, Mo.-based DMTI Capital Partners, LLC provided the funding.
The company intends to use the funds to launch a nationwide
engagement program for targeting healthcare providers and potential
partnerships.
Founded in 2016 by CEO Matthew Nicholson, Digital Medical Tech
enables health systems to proactively track medical equipment and
devices via a Bluetooth platform. The company’s real-time location
system monitors and manages medical assets while requiring less
infrastructure and shorter installation time compared to other tracking
solutions.
Digital Medical Tech, which recently graduated from the Cedars-Sinai
Accelerator business program powered by Techstars, currently has pilot
programs at Cedars-Sinai Medical Center in Los Angeles, Calif.; Keck
Medicine of USC; and American Medical Concepts, an exclusive distributor
for Stryker Corporation, in Portland, Ore.
The company also has offices in Los Angeles, Calif.
Source. FinSMEs, Staff, August 23, 2019
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