How Much Did TPS Alert Raise?
Funding & Key Investors

TPS Alert has successfully secured a significant capital injection, bringing its total funding to $150K. This latest round, characterized by a $150K major strategic investment, underscores the growing market demand for robust workplace safety and regulatory compliance solutions. As the organization transitions through its late-stage growth phase, this influx of financing serves to solidify its position as a critical infrastructure provider for industrial and corporate safety standards.

The capital deployment reflects a broader trend in the enterprise software sector, where specialized compliance platforms are increasingly viewed as essential risk mitigation tools. By leveraging this recent backing, TPS Alert is well-positioned to scale its operations and enhance its service delivery across its national network.

What is TPS Alert?

TPS Alert
Business ServicesProject ManagementSecurity Information and Event Management (SIEM)

TPS Alert operates as a specialized safeguard for organizations, providing comprehensive oversight for drug and alcohol testing compliance. Born from the expertise of TEAM Professional Services, the company addresses the complex logistical challenges of managing contractor safety and background screening. Its platform serves as a vital bridge between hiring clients and contractors, ensuring that all personnel onsite adhere to rigorous, company-specific safety protocols. By facilitating seamless audits and maintaining high standards of regulatory compliance, TPS Alert mitigates liability for large-scale operators while offering contractors the flexibility to manage their own testing programs. Headquartered in Tulsa, Oklahoma, the firm utilizes an extensive collection site network to provide nationwide coverage, effectively standardizing safety procedures across diverse industrial environments.

How much funding has TPS Alert raised?

TPS Alert has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in TPS Alert

PPP

Public-Private Partnership

What's next for TPS Alert?

With the successful closure of this late-stage financing, TPS Alert is poised to accelerate its market penetration and technological development. The strategic roadmap likely involves expanding its digital auditing capabilities and deepening the integration between its compliance software and existing third-party administrator networks. As regulatory environments become increasingly stringent, the company is expected to focus on enhancing its automated reporting features, thereby reducing the administrative burden on hiring clients. Furthermore, the firm will likely leverage this capital to bolster its national collection site infrastructure, ensuring that its drug-free workplace solutions remain accessible and efficient for organizations of all sizes. This growth trajectory positions TPS Alert to capture a larger share of the enterprise safety market, reinforcing its role as a cornerstone of modern workplace risk management.

See full TPS Alert company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Business Services industry

Business ServicesField Service Management
Business ServicesHuman Resources Management Systems (HRMS)
Business ServicesHuman Resources Management Systems (HRMS)
Business ServicesProject Management

Frequently Asked Questions Regarding TPS Alert Financial Insights

What are the most recent funding rounds that TPS Alert has completed, and what were the funding rounds?
TPS Alert has recently completed 1 funding rounds: Debt on Apr 4, 2020.
What is the total amount of funding TPS Alert has raised to date?
TPS Alert has raised a total of $150K in funding to date.
How many funding rounds has TPS Alert completed?
TPS Alert has completed 1 funding rounds.
How much funding did TPS Alert raise in its most recent funding round?
TPS Alert raised $150K in its most recent funding round.
Who are the lead investors in TPS Alert's latest funding round?
The lead investor in TPS Alert'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 TPS Alert's history?
The largest funding round in TPS Alert's history was $150K.
See more information about TPS Alert