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cloud-based enterprise waste stream management, reporting, and compliance
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In 2019, Pegex's revenue reached $14.4M. Since its launch in 2012, Pegex has shown consistent revenue growth.
Pegex reached a $43.2M valuation in 2025, set during its M&A Offer round.
Pegex has raised $15.3M in total funding across 6 rounds, with its most recent round in 2019.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $43.2M | - | |
| 2019 | Funding round | $1.3M | - | - | |
| 2018 |
CEO
CEO of Pegex, Inc. Prior CEO of EnSync Energy, in the distributed energy, utility and building markets Led the start-up of multiple technology companies including Virent, in biofuels/biopolymers, co-founded Alfalight, a laser company and others. Has held management positions in the display and semiconductor industries. Participates on multiple company boards.
| Question | Answer |
|---|---|
| What's your age? | 61 |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Pegex serves 2K customers.
Pegex employs approximately 22 people as of 2026, down from 41 in 2019, including 7 sales reps that carry a quota. It serves 2K customers that rely on its solutions.
Pegex generates $14.4M in revenue.
Pegex was founded by Eric Apfelbach.
The CEO of Pegex is Eric Apfelbach.
Pegex raised $15.3M across 6 rounds.
Pegex has 22 employees.
Pegex is headquartered in Fitchburg, Wisconsin, United States.
Pegex operates across multiple industries. Browse revenue, funding, and growth data for Pegex in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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Valuation
$43.2M
2019 Revenue
$14.4M
Customers
2K
Funding
$15.3M
Avg ACV
$7.2K
Team · 2020
22
Founded
2012
| Year | Milestone | Source |
|---|---|---|
| 2019 | Pegex Hit $14.4m revenue in June 2019 | |
| 2012 | Launched with $0 revenue |
| Funding round |
| $8M |
| - |
| - |
| 2016 | Funding round | $4M | - | - |
| 2015 | Funding round | $1.3M | - | - |
| 2014 | Funding round | $450K | - | - |
| 2013 | Funding round | $250K | - | - |
| Year | Milestone | Source |
|---|---|---|
| 2020 | Reached 22 employees (December 2020) | |
| 2020 | Reached 32 employees (June 2020) | |
| 2019 | Reached 41 employees (December 2019) | |
| 2019 | Reached 42 employees (June 2019) | |
| 2018 | Reached 35 employees (December 2018) |
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