What is Recovery Solution?
Recovery Solution, formerly known as Drug Testing Solutions, operates within the health and wellness sector, providing a dual focus on drug testing services and recovery support. The company offers comprehensive drug and alcohol screening, including mobile and onsite options, for employers and individuals across the United States. Their services encompass pre-employment, random, and post-accident testing, alongside health screenings like DNA and STD tests. Complementing its testing division, Recovery Solution also provides recovery solutions such as sober coaching and transportation for individuals undergoing rehabilitation. This integrated approach aims to foster drug-free workplaces while directly assisting those in recovery, leveraging 24/7 availability and convenience to serve a broad clientele.
How much funding has Recovery Solution raised?
Recovery Solution has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Recovery Solution
PPP
Public-Private Partnership
What's next for Recovery Solution?
With the recent influx of capital from its large-scale late-stage funding, Recovery Solution is poised for significant growth and strategic development. The company's focus on both preventative measures (drug testing) and supportive services (recovery solutions) positions it uniquely in the market. Future initiatives are likely to involve expanding service offerings, enhancing technological capabilities for testing and client management, and potentially broadening its geographical reach. This strategic investment will fuel the company's mission to support workplace safety and provide essential recovery resources, solidifying its role as a comprehensive provider in the health and wellness industry.
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