Hound Labs

Medical Devices & EquipmentSeries DOakland, UShoundlabs.com

Latest round

Series D

Last raised

Aug 2019

Total raised

$38M

Investors

5

About Hound Labs

Hound Labs, Inc.Founded in 2014 and headquartered in Oakland, US, Hound Labs, Inc. develops advanced breathalyzer technology.Hound Labs specializes in developing innovative breathalyzer technology that enables the detection of THC (tetrahydrocannabinol) to address the growing need for reliable drug testing in various industries. Their flagship product, the Hound® Marijuana Breathalyzer, accurately measures an individual’s THC levels through breath samples, differentiating between recent use and past consumption. This product aims to enhance workplace safety and public health by providing law enforcement, employers, and agencies with a tool to enforce drug policies without the ambiguity associated with traditional testing methods.Hound Labs generates revenue primarily through direct sales of its breathalyzer units and associated testing services to businesses and government agencies. Transactions typically occur through a B2B model, where clients purchase equipment outright or enter into partnerships for ongoing service agreements. The pricing structure accommodates various client needs, offering tiered pricing based on the volume of units purchased and additional services provided. This approach allows clients, such as employers in construction or transportation, to implement comprehensive drug testing solutions tailored to their operational requirements.In September 2021, Hound Labs, Inc. The company plans to further develop its product line and enter new markets, specifically targeting regions where marijuana regulations are evolving.

Who invested in Hound Labs

5 investors across 2 rounds

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Funding rounds

  1. Series D

    Aug 27, 2019

    Amount

    $30M

    Investors

    Locked

  2. Series B

    May 12, 2017

    Amount

    $8.1M

    Investors

    Locked

Questions about Hound Labs

Who invested in Hound Labs?

Hound Labs has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Hound Labs raised?

Hound Labs has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Hound Labs last raise money?

Hound Labs's most recent round on record is a Series D, in Aug 2019.

What does Hound Labs do?

Hound Labs is a medical devices & equipment company.

Where is Hound Labs headquartered?

Hound Labs is headquartered in Oakland, US.

Which VCs invest in companies like Hound Labs?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back medical devices & equipment companies at Hound Labs's stage. Their profiles are linked below.

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