DTPM Funding: How Much Did They Raise & Key Investors

How Much Did DTPM Raise?
Funding & Key Investors

Drug Testing Program Management (DTPM) has secured $350K in total capital, with its most recent financing round yielding $350K. This major strategic investment underscores the company's established presence in the administrative services sector, particularly within drug and alcohol testing programs.

What is DTPM?

DTPM

Business Services

Human Resources Management Systems (HRMS)

DTPM, established in 1993 and headquartered in Fort Payne, Alabama, specializes in providing comprehensive administrative services for drug and alcohol testing programs. The company caters to both Department of Transportation (DOT) and non-DOT regulated entities, offering tailored testing programs and policies designed to meet the specific requirements of each client. Its long-standing operation indicates a deep understanding of compliance and operational efficiency in a critical safety-focused industry.

How much funding has DTPM raised?

DTPM has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in DTPM

PPP

Public-Private Partnership

What's next for DTPM?

The recent major strategic investment signifies DTPM's transition into a mature phase of its growth trajectory, likely focused on scaling operations, expanding service offerings, or enhancing technological capabilities to maintain its competitive edge. This capital infusion is expected to bolster its capacity to serve a growing client base and adapt to evolving regulatory landscapes within the drug and alcohol testing sector.

See full DTPM company page

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