OnSite Waste Technologies develops the TE-5000 immediate sterilization unit, a desktop system that treats PPE, sharps and red-bag waste by heating it to 350–400°C for 90 minutes to destroy bacteria, spores and viruses including COVID-19. The company plans to use new capital to scale operations, build inventory and distribute its desktop unit more broadly. OnSite is led by CEO Brad Barnes and reports deployment across 27 different types of medical facilities in 41 states. Financially, the company has raised $8.5 million in total capital and closed a $3.5 million Series A. Management cites a 500% quarter-over-quarter growth rate contributing to its expansion. The product is positioned to enable disposal of treated waste in ordinary trash following sterilization. OnSite Waste Technologies develops the TE-5000, a desktop-sized processing unit that converts regulated medical waste — sharps and red-bag waste — into sterile garbage safe for regular trash. The TE-5000 is leased to medical practices for a flat rate and uses disposable canisters so staff can destroy and dispose of hazardous bio-waste on-site without risky hauling. The company is led by CEO Brad Barnes and is based in Newport Beach, California, with headquarters in Orange County. OnSite planned a launch in May in Orange County and intends to accelerate inventory and distribution around the country. To support those plans, the company completed a seed financing to fund team growth and scaling efforts. No operating metrics were disclosed in the article.

Total raised

$7M

Funding rounds

2

Latest round

Series A

Latest activity

Oct 2020