Safety Strips

Los Angeles, United States Founded: 2005 • Age: 21 yrs Acquired By Safe Supply
Fentanyl test strips are supplied for harm reduction efforts.

About Safety Strips

Safety Strips is a company based in Los Angeles (United States) founded in 2005 was acquired by Safe Supply in February 2025.. Safety Strips offers products and services including Fentanyl Test Strips, Xylazine Test Strips, Drink Spike, Potassium Iodide, and Drug Lab 118. Safety Strips operates in a competitive market with competitors including Intelligent Fingerprinting, Confirm BioSciences, Portable Diagnostic Systems, AfimaCheck and Sunbio Medical, among others.

  • Headquarter Los Angeles, United States
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Safe Supply Streaming Co Ltd
Operational Areas
Healthcare → Medical Devices & Diagnostics
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Safe Supply

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Safe Supply

    (Feb 11, 2025)

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Products & Services of Safety Strips

Safety Strips offers a comprehensive portfolio of products and services, including Fentanyl Test Strips, Xylazine Test Strips, Drink Spike, Potassium Iodide, and Drug Lab 118. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Strips for detecting fentanyl in substances to prevent overdoses.

Tools to identify xylazine in drugs for harm reduction efforts.

Detection kit for identifying spiked drinks in safety scenarios.

Product for radiation protection and emergency health measures.

Platform for analyzing drugs and related health risks.

Funding Insights of Safety Strips

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2024 Amount Seed - Safety Strips Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Safety Strips

Safety Strips has secured backing from 2 investors. Prominent investors backing the company include Safe Supply and Safe Supply Streaming. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Investments in drug companies are enabled via an online platform.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Safety Strips

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Safety Strips

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Safety Strips Comparisons

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Competitors of Safety Strips

Safety Strips operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Intelligent Fingerprinting, Confirm BioSciences, Portable Diagnostic Systems, AfimaCheck and Sunbio Medical, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Non-invasive drug testing technology is developed using fingerprints.
domain founded_year HQ Location
Tools and solutions for drug and health testing are provided.
domain founded_year HQ Location
Developer of drug screening device for medical exams and law enforcement
domain founded_year HQ Location
Developer of thermal reader technology for onsite drug testing applications
domain founded_year HQ Location
Developer of in-vitro diagnostics for drug abuse detection
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Safety Strips

Frequently Asked Questions about Safety Strips

When was Safety Strips founded?

Safety Strips was founded in 2005 and raised its 1st funding round 19 years after it was founded.

Where is Safety Strips located?

Safety Strips is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.

Who is the current CEO of Safety Strips?

Geoff Benic is the current CEO of Safety Strips.

What does Safety Strips do?

Safety Strips was founded in 2005 in Los Angeles, United States, and operates in the harm reduction sector. Fentanyl testing strips are offered as rapid lateral flow assays designed to detect fentanyl presence in drug supplies. These products support services aimed at reducing overdose risks among users. Operations focus on distribution to community organizations and health initiatives across the country.

Who are the top competitors of Safety Strips?

Safety Strips's top competitors include Intelligent Fingerprinting, Confirm BioSciences and AfimaCheck.

What products or services does Safety Strips offer?

Safety Strips offers Fentanyl Test Strips, Xylazine Test Strips, Drink Spike, Potassium Iodide, and Drug Lab 118.

Who are Safety Strips's investors?

Safety Strips has 2 investors. Key investors include Safe Supply, and Safe Supply Streaming.

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