How Much Did Alcohol & Drug Testing Services Raise?
Funding & Key Investors

Alcohol & Drug Testing Services has secured substantial capital, with its total funding reaching $395K. The company recently announced a significant strategic investment of $245K, underscoring its established position in the market. This latest financing round follows a history of debt financing, indicating a shift towards growth-oriented capital acquisition.

What is Alcohol & Drug Testing Services?

Alcohol & Drug Testing Services
Business ServicesResearch & DevelopmentHealthcare Services

Alcohol & Drug Testing Services LLC is a specialized provider of comprehensive drug and alcohol testing solutions. With over two decades of operational experience, the company offers a wide array of services, including urine drug testing, breath alcohol testing, and oral fluids testing. They facilitate nationwide on-site collections and provide third-party administration, ensuring professional and efficient testing for businesses and organizations across diverse industries. Their extensive network of collectors and commitment to superior customer service are key differentiators in the market.

How much funding has Alcohol & Drug Testing Services raised?

Alcohol & Drug Testing Services has raised a total of $395K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$245K

Debt (2020): $150K with participation from PPP

Debt (2021): $245K led by PPP

Key Investors in Alcohol & Drug Testing Services

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Alcohol & Drug Testing Services?

The recent large-scale, late-stage funding signifies a pivotal moment for Alcohol & Drug Testing Services, likely enabling significant expansion of its service offerings, technological infrastructure, or market reach. This strategic investment suggests a focus on scaling operations and potentially exploring new verticals within the compliance and workplace safety sectors. The company is well-positioned to leverage this capital for further growth and to solidify its leadership in the drug and alcohol testing industry.

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Frequently Asked Questions Regarding Alcohol & Drug Testing Services Financial Insights

What are the most recent funding rounds that Alcohol & Drug Testing Services has completed, and what were the funding rounds?
Alcohol & Drug Testing Services has recently completed 2 funding rounds: Debt on Feb 9, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Alcohol & Drug Testing Services has raised to date?
Alcohol & Drug Testing Services has raised a total of $395K in funding to date.
How many funding rounds has Alcohol & Drug Testing Services completed?
Alcohol & Drug Testing Services has completed 2 funding rounds.
How much funding did Alcohol & Drug Testing Services raise in its most recent funding round?
Alcohol & Drug Testing Services raised $245K in its most recent funding round.
Who are the lead investors in Alcohol & Drug Testing Services's latest funding round?
The lead investor in Alcohol & Drug Testing Services's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Alcohol & Drug Testing Services's history?
The largest funding round in Alcohol & Drug Testing Services's history was $245K.
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