Digital Medical Tech (DMT), a solution provider for hospital management and asset tracking, recently raised $1.5 million in seed capital. St. Louis, Mo.-based DMTI Capital Partners provided the funding which will be used to launch a nationwide engagement program for targeting healthcare providers and potential partnerships.
Digital Medical Tech, which enables health systems to proactively track medical equipment and devices via a Bluetooth platform, was founded in 2016 by CEO Matthew Nicholson. 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.