PegEx

About PegEx

PegEx, Inc. operates as a technology-driven solutions provider focused on the waste management industry, particularly within the highly regulated hazardous waste sector. Founded in 2012 and formerly known as Pegasus Sustainability Solutions, the company initially established itself as a waste broker, creating a network of haulers and disposal facilities to serve businesses generating hazardous and regulated waste. A significant shift in strategy occurred as the leadership recognized the potential for technology to automate and streamline processes in an industry traditionally slow to adopt digital solutions.

The company's core offering is the PegEx Platform, a cloud-based software-as-a-service (SaaS) solution designed to manage the entire lifecycle of waste disposal. This platform provides tools for managing waste streams, ensuring regulatory compliance, and handling documentation, thereby increasing efficiency and reducing risk for its clients. The software integrates sales and operations management, offering features like customer and inventory management, work order processing, and data analytics. Clients include hazardous, medical, solid, and chemical waste companies, as well as environmental professional services firms and waste generators. Revenue is generated through this subscription-based software model.

PegEx's development was accelerated by several rounds of funding from angel investors and venture capital firms, including Capitol Midwest, Wisc Partners, and Plymouth Growth. In 2016, Eric Apfelbach was appointed CEO to leverage his industry experience in bringing new concepts to market, spearheading the development of the custom software platform. The platform's beta version was released in August 2018, followed by a full launch in January 2019. The company has since introduced additional tools like PegEx Lite and a Document Builder, which digitizes essential forms such as manifests and bills of lading.