What is STAT?
STAT, INC. is a specialized provider of petroleum-based and hazardous waste transportation resources. The company operates under strict adherence to U.S. Department of Transportation, state, and local regulations, serving a diverse clientele that includes small and large quantity waste generators across various industrial, commercial, and governmental segments. STAT, INC. offers comprehensive in-house capabilities, including on-site sampling and testing, waste characterization and profiling, and the sourcing of approved recycling, transfer, storage, and disposal facilities. Their professional staff manages a well-maintained fleet equipped to handle bulk liquids, contaminated soils, totes, drums, and specialty containers comprising solids, liquids, and sludge. The company focuses on providing economical and environmentally sound transportation and disposal services for a wide array of regulated waste streams such as solvents, acids, caustics, and PCB's.
How much funding has STAT raised?
STAT has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in STAT
PPP
Public-Private Partnership
What's next for STAT?
The company's recent large-scale, late-stage funding, characterized as a major strategic investment, suggests STAT, INC. is poised for significant growth and operational scaling. This capital infusion is likely to be directed towards enhancing fleet capacity, expanding service territories, investing in advanced waste management technologies, and potentially pursuing strategic acquisitions. The focus on regulatory compliance and environmental stewardship positions STAT, INC. favorably to capitalize on increasing demand for responsible hazardous waste management solutions.
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