How Much Did A-Dependable Drug Testing Raise?
Funding & Key Investors

A-Dependable Drug Testing has successfully secured a major strategic investment, bringing its total capital accumulation to $150K. This latest infusion of $150K underscores the firm's critical role in maintaining operational integrity within the high-stakes energy sector. By leveraging this financing, the company reinforces its market position as a premier provider of occupational health and safety solutions in West Texas.

What is A-Dependable Drug Testing?

A-Dependable Drug Testing
Business ServicesCall Centers & Business CentersHealthcare Services

A-Dependable Drug Testing operates as a specialized service provider focused on the rigorous demands of the oil and gas industry. With a footprint spanning nine strategic locations, the firm delivers comprehensive drug and alcohol screening services designed to mitigate workplace risk. Their operational model, which includes 24/7 availability and onsite testing capabilities, is engineered to meet the stringent compliance requirements of high-risk industrial environments. By prioritizing certified technician training and adherence to safety protocols, the company serves as an essential partner for employers committed to maintaining a secure and drug-free workforce. Their market position is defined by reliability and the ability to scale services to meet the fluctuating demands of the energy sector's labor force.

How much funding has A-Dependable Drug Testing raised?

A-Dependable Drug Testing has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in A-Dependable Drug Testing

PPP

Public-Private Partnership

What's next for A-Dependable Drug Testing?

With the successful closure of this late-stage funding round, A-Dependable Drug Testing is well-positioned to optimize its service delivery infrastructure and expand its footprint across the Permian Basin and beyond. The strategic allocation of this capital will likely focus on enhancing digital compliance reporting tools and increasing the density of their mobile testing units to better serve remote drilling sites. As the energy sector continues to prioritize safety and regulatory adherence, the company is poised to capture additional market share by integrating advanced diagnostic technologies and streamlining the testing lifecycle for its enterprise clients. This growth trajectory suggests a transition toward a more tech-enabled service model, ensuring long-term sustainability in a competitive industrial landscape.

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Frequently Asked Questions Regarding A-Dependable Drug Testing Financial Insights

What are the most recent funding rounds that A-Dependable Drug Testing has completed, and what were the funding rounds?
A-Dependable Drug Testing has recently completed 1 funding rounds: Debt on Apr 10, 2020.
What is the total amount of funding A-Dependable Drug Testing has raised to date?
A-Dependable Drug Testing has raised a total of $150K in funding to date.
How many funding rounds has A-Dependable Drug Testing completed?
A-Dependable Drug Testing has completed 1 funding rounds.
How much funding did A-Dependable Drug Testing raise in its most recent funding round?
A-Dependable Drug Testing raised $150K in its most recent funding round.
Who are the lead investors in A-Dependable Drug Testing's latest funding round?
The lead investor in A-Dependable Drug Testing'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 A-Dependable Drug Testing's history?
The largest funding round in A-Dependable Drug Testing's history was $150K.
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