What is TPS Alert?
TPS Alert provides a critical safeguard for businesses, employees, and contractors by mitigating drug use within the workplace. Emerging from the expertise of TEAM Professional Services, a seasoned Third-Party Administrator for drug and alcohol testing, TPS Alert leverages extensive knowledge of compliance and regulations. The company addresses the prevalent need to ensure that a significant portion of the onsite workforce, primarily contractor employees, are enrolled in effective drug and alcohol testing programs. Hiring clients benefit from a streamlined audit process for contractors, verifying compliance with company-specific drug, alcohol, and background screening policies, while contractors gain flexibility in choosing their preferred Third-Party Administrator. Operating in conjunction with TEAM Professional Services, Inc., TPS Alert offers comprehensive drug and alcohol testing, background screening, and COVID-19 testing solutions, headquartered in Tulsa, Oklahoma, with a nationwide network of collection sites.
How much funding has TPS Alert raised?
TPS Alert has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in TPS Alert
PPP
Public-Private Partnership
What's next for TPS Alert?
The substantial capital infusion, characterized as a large-scale late-stage funding, positions TPS Alert for significant scaling and market penetration. This strategic backing is expected to fuel further development of its compliance solutions and expand its reach within the corporate drug testing and background screening sector. The company's focus on leveraging its established operational infrastructure and regulatory expertise suggests a strategy aimed at solidifying its market leadership and potentially exploring new service verticals within workplace safety and compliance.
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