How Much Did Onsite Drug Testing Raise?
Funding & Key Investors

Onsite Drug Testing has secured $76K in total capital, with a recent infusion of $76K designated for substantial expansion. This significant Series B/C stage financing underscores the company's robust growth trajectory and its strategic importance in the workplace safety sector.

The latest investment round, which closed on January 21, 2021, saw the company receive $76M in debt financing, signaling a strong commitment from lenders to support its operational scaling and market penetration efforts.

What is Onsite Drug Testing?

Onsite Drug Testing
Healthcare ServicesMedical Laboratories & Imaging CentersBusiness Services

Onsite Drug Testing of New England is a specialized provider of comprehensive drug and alcohol testing services, dedicated to fostering substance-free workplaces. The company offers a full spectrum of solutions, including random testing programs, supervisor and employee training, and customized educational initiatives aligned with client-specific policies. By prioritizing client confidentiality and security, Onsite Drug Testing aims to enhance workplace safety, boost employee health, and ultimately improve organizational profitability through effective substance abuse prevention programs.

How much funding has Onsite Drug Testing raised?

Onsite Drug Testing has raised a total of $76K across 1 funding round:

2021

Debt

$76K

Debt (2021): $76K with participation from PPP

Key Investors in Onsite Drug Testing

PPP

Public-Private Partnership

What's next for Onsite Drug Testing?

With the recent substantial expansion capital, Onsite Drug Testing is poised for significant growth. The company is likely to leverage this investment to scale its service delivery infrastructure, expand its geographic reach, and enhance its technological capabilities for more efficient and secure testing solutions. This strategic financing at the Series B/C stage suggests a focus on market leadership and operational excellence, positioning Onsite Drug Testing to capture a larger share of the workplace safety and compliance market.

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Frequently Asked Questions Regarding Onsite Drug Testing Financial Insights

What are the most recent funding rounds that Onsite Drug Testing has completed, and what were the funding rounds?
Onsite Drug Testing has recently completed 1 funding rounds: Debt on Jan 21, 2021.
What is the total amount of funding Onsite Drug Testing has raised to date?
Onsite Drug Testing has raised a total of $76K in funding to date.
How many funding rounds has Onsite Drug Testing completed?
Onsite Drug Testing has completed 1 funding rounds.
How much funding did Onsite Drug Testing raise in its most recent funding round?
Onsite Drug Testing raised $76K in its most recent funding round.
Who are the lead investors in Onsite Drug Testing's latest funding round?
The lead investor in Onsite 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 Onsite Drug Testing's history?
The largest funding round in Onsite Drug Testing's history was $76K.
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