# Offpeak.my

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/offpeak-my

- Industry: Internet
- Headquarters: Petaling Jaya, Malaysia
- Website: www.offpeak.my
- Total disclosed funding: $0.8M
- Latest round: Series A (Jun 23, 2015)
- Investors on record: 1

## About

Offpeak.my is a Malaysian company specializing in scheduled waste management solutions, focusing on the licensed collection, transport, and disposal of hazardous materials to ensure environmental compliance.Founded in 2014, Offpeak.my is based in Petaling Jaya, Malaysia, and operates within the waste management sector. The company has engaged in three deals, with the most recent funding occurring on September 5, 2016, when they raised MYR 0.500 mn in a Grant round led by Cradle Seed Ventures, contributing to a total of MYR 0.800 mn raised. The founder's background information is not available.Off Peak specializes in comprehensive waste management solutions, particularly focusing on scheduled waste management in Malaysia. The company's core offerings include licensed collection, transport, and disposal services for hazardous materials, ensuring compliance with Malaysia’s Environmental Quality (Scheduled Wastes) Regulations 2005. Their services are designed to protect the environment, promote workplace safety, and uphold a company’s reputation for responsible operations, addressing the needs of sectors such as manufacturing, plating, and electronics. The client base comprises businesses that generate, store, or dispose of hazardous waste, including both large industrial operations and smaller entities using industrial-grade solvents and chemicals. Off Peak's products and services are primarily marketed within Malaysia, catering to various industrial clients who require efficient and compliant handling of scheduled waste.Off Peak generates revenue through a structured service model that encompasses direct transactions with businesses requiring scheduled waste management services. The company operates on a B2B model, wherein clients partner with Off Peak for end-to-end waste management solutions, including consultation, collection, transport, and disposal. Revenue is derived from service contracts that ensure compliance with environmental regulations, typically structured as service agreements with set pricing based on the type and volume of waste managed. These agreements may feature tiered pricing plans that adjust based on the specific services utilized, the nature of the hazardous materials, and their disposal requirements. In 2019, Off Peak reported a revenue of MYR -240,975.70 and an EBITDA of MYR -1,318,945 during the same year.In September 2016, Offpeak.my raised MYR 0.500 mn in funding to support its growth initiatives. The company plans to develop new waste management products tailored to emerging environmental regulations, with anticipated launches in the next 12 months. Furthermore, they aim to expand into regional markets, specifically targeting Southeast Asia by 2025, leveraging the recent funding to enhance their operational capabilities and marketing efforts.

## Funding rounds

- Series A, Jun 23, 2015, $0.8M — Gobi Partners

## Investors

- Gobi Partners (https://capitalatlas.ai/funds/gobi-partners) — Series A