How Much Did ExperTox Raise?
Funding & Key Investors

ExperTox, a specialist in toxicology and molecular testing, has secured significant capital, with its total funding reaching $336K. The company recently announced a major strategic investment of $186K, underscoring its established position in the market and its trajectory for further expansion. This recent financing round highlights investor confidence in ExperTox's business model and its capacity for sustained growth within the specialized testing sector.

What is ExperTox?

ExperTox
Healthcare ServicesMedical Laboratories & Imaging Centers

ExperTox distinguishes itself in the field of toxicology and molecular testing by offering comprehensive services in drug and alcohol testing, toxic exposure assessments, and poison or toxin identification. Boasting over 25 years of operational experience, the company places a strong emphasis on client support, providing personalized assistance throughout the entire testing process. ExperTox's core mission is to integrate advanced scientific expertise with empathetic service delivery, ensuring that clients receive precise analytical results and the essential information needed for informed decision-making. Their offerings cater to diagnostic, clinical, and civil applications, though they are not intended for forensic analysis.

How much funding has ExperTox raised?

ExperTox has raised a total of $336K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$186K

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

Debt (2021): $186K led by PPP

What's next for ExperTox?

The substantial backing and recent strategic investment indicate that ExperTox is poised for a significant scaling phase. This capital infusion is likely to fuel advancements in their service offerings, potentially expanding their molecular testing capabilities and broadening their reach in drug and alcohol screening. Furthermore, the company may leverage this financing to enhance its technological infrastructure, invest in research and development for novel testing methodologies, and strengthen its market presence in toxicology services. The focus on customer care and personalized support suggests a continued commitment to client relationships as ExperTox pursues its growth objectives.

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Frequently Asked Questions Regarding ExperTox Financial Insights

What are the most recent funding rounds that ExperTox has completed, and what were the funding rounds?
ExperTox has recently completed 2 funding rounds: Debt on Mar 20, 2021, Debt on May 1, 2020.
What is the total amount of funding ExperTox has raised to date?
ExperTox has raised a total of $336K in funding to date.
How many funding rounds has ExperTox completed?
ExperTox has completed 2 funding rounds.
How much funding did ExperTox raise in its most recent funding round?
ExperTox raised $186K in its most recent funding round.
Who are the lead investors in ExperTox's latest funding round?
The lead investor in ExperTox'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 ExperTox's history?
The largest funding round in ExperTox's history was $186K.
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