On Target
On Target develops intraoperative molecular imaging agents that help surgeons detect cancerous tissue during operations. The 77-person biotech company has raised $112M, including a Series C round in November 2023 backed by Johnson & Johnson Innovation and others.
The growth story
On Target grew from 25 to 77 employees between 2021 and 2026, raising $112M along the way, most recently a Series C in November 2023.
About
On Target sells fluorescent imaging agents that bind to cancer cells, making them visible to surgeons during operations. The technology aims to reduce the amount of cancerous tissue left behind after surgery, potentially improving patient outcomes.
The company has raised $112M, with its latest Series C round closing in November 2023. Major investors include Johnson & Johnson Innovation and H.I.G. Capital, signaling strong industry interest in its surgical imaging technology.
Founders and leadership
Sales is the largest function at On Target, accounting for 25 of its 77 employees. The company is led by a team with deep experience in medical devices and biotech, though specific leadership details are not provided.
The On Target org chart
Bill Peters (Chief Executive Officer) leads 39 mapped leaders with 9 direct reports. Click +N to expand a team; names link to the person’s public profile.
Departments, and which ones grew
Headcount by function: Sales 28 (+40% YoY), Business Development 13 (-7% YoY), Operations 7 (0% YoY), Healthcare Services 6 (0% YoY), Research 5 (-17% YoY), Marketing 4 (-20% YoY).
Talent flow
On Target draws heavily from medical device companies, with 15% of analyzed profiles coming from CONMED. Employees tend to move to other healthcare startups and large medtech firms, with Johnson & Johnson being a top destination.
Most common previous employers of On Target staff: CONMED (15), Intuitive (4), Stryker (4), SURGIQUEST (4), Smith+Nephew (4), Boston Scientific (4). Former On Target employees most often moved to Eradivir (2), Johnson & Johnson (2), Institute for Neurodegenerative Disorders (2), bioAffinity Technologies (1), Blackwell Health Partners (1), CEOs of Indiana Corporate Partnership (1).
Alumni worth knowing
Web traffic
Traffic mix: 0% direct, 0% search, 0% social, 0% paid.
What this company is made of
Most common skills at On Target: Sales (29), Leadership (27), Medical Devices (26), Market Development (18), Management (18), Customer Service (17), Strategic Planning (17), Product Launch (16).
Where the team actually sits
On Target people are concentrated in Indiana, United States (7), Texas, United States (5), New York, United States (3), New York City Metropolitan Area (3).
Search footprint
On Target attracts about 95 organic search visits a month, traffic worth roughly $0K a month if bought through ads. It gained 15 ranking keywords and lost 9 in the last period.
Frequently asked
On Target has 77 employees as of September 2026.
On Target has raised $112M in total, most recently a Series C round in November 2023.
On Target was founded in 2010 by The Late Philip Low.
Bill Peters (Chief Executive Officer) sits at the top of On Target's reporting structure, with 9 direct reports.
The most common previous employers of current On Target staff are CONMED (15 people), Intuitive (4 people), Stryker (4 people).
Former On Target employees most often move to Eradivir (2), Johnson & Johnson (2), Institute for Neurodegenerative Disorders (2).
On Target attracts about 95 organic search visits a month, worth roughly $0K a month in equivalent ad spend.
The most common skills among On Target staff are Sales, Leadership, Medical Devices, Market Development, Management.
On Target staff are concentrated in Indiana, United States (7), Texas, United States (5), New York, United States (3).
On Target has about 28 people in Sales, up 40% over the past year, as of September 2026.
On Target has about 13 people in Business Development, down 7% over the past year, as of September 2026.
Computed from 50 current and 50 former On Target profiles, as of September 2026. Source: Crustdata.
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