Insights

Strategic Growth On Target is an emerging biotechnology company focused on intraoperative molecular imaging to illuminate cancer during surgery. This positions them for partnerships or licensing deals with major surgical device manufacturers, imaging platforms, or hospital systems seeking integrated imaging solutions to improve oncologic outcomes.

Clinical Expansion Recent funding rounds and leadership appointments, including a $30M Series C in 2023 and an Executive Chair appointment in 2024, indicate aggressive scale-up and potential clinical and commercial expansion. This creates opportunities for collaboration on studies, co-development, or early access programs in new cancer indications.

Market Position Recognition as a Fast Company World’s Most Innovative Company in 2026 and a focus on intraoperative imaging suggest a differentiator in the surgical oncology space. Target opportunities include strategic partnerships with large pharma oncology portfolios seeking adjunct imaging for surgical outcomes or with academic centers adopting innovative intraoperative technologies.

Operational fit With a mid-sized team and a revenue trajectory in the tens of millions, On Target likely seeks scalable commercial channels. Prospective sales motions could target hospital systems, ambulatory surgery centers, and distribution partners who can integrate imaging agents with existing surgical workflows and imaging infrastructure.

Funding leverage A sizable total funding pool and ongoing investor confidence create openings for co-development agreements, grant-funded studies, and strategic investment discussions. Propose value propositions around accelerating clinical validation, regulatory milestones, and broadened indications to extend the product pipeline.

Similar companies to On Target

On Target Tech Stack

On Target uses 8 technology products and services including iCIMS, WordPress, Shopify, and more. Explore On Target's tech stack below.

Media & News

On Target's Email Address Formats

On Target uses at least 3 email formats:
On Target Email FormatsExamplePercentage
FLast@ontargetlabs.comJDoe@ontargetlabs.com
93%
Last@ontargetlabs.comDoe@ontargetlabs.com
5%
First.Last@ontargetlabs.comJohn.Doe@ontargetlabs.com
2%

Frequently Asked Questions

What is On Target's official website and social media links?

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On Target's official website is ontargetlabs.com and has social profiles on LinkedIn.

How much revenue does On Target generate?

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As of October 2026, On Target's annual revenue is estimated to be $25M - $50M.

What is On Target's SIC code and NAICS code?

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On Target's SIC code is 8731 - Commercial Physical and Biological Research and NAICS code is 541714 - Research and Development in Biotechnology (except Nanobiotechnology).

How many employees does On Target have currently?

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As of October 2026, On Target has approximately 77 employees across 2 continents, including North America and Africa. Key team members include Chief Operating Officer: T. B., Svp Clinical Development And Operations: T. L. and Marketing Director: A. M. Explore On Target's employee directory with LeadIQ.

What industry does On Target belong to?

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On Target operates in the Biotechnology Research industry.

What technology does On Target use?

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On Target's tech stack includes iCIMS, WordPress, Shopify, Google Workspace, Microsoft 365, DocuSign, WP Engine and Piwik PRO Core.

What is On Target's email format?

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On Target's email format typically follows the pattern of FLast@ontargetlabs.com. Find more On Target email formats with LeadIQ.

How much funding has On Target raised to date?

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As of October 2026, On Target has raised $112M in funding. The last funding round occurred on Nov 16, 2023.

When was On Target founded?

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On Target was founded in 2010.
On Target logo

On Target

Biotechnology ResearchIndiana, United States51-200 Employees

On Target is a mid-sized biotechnology company focused on intraoperative cancer illumination. Based in Lafayette, Indiana, it develops molecular imaging agents designed to reveal cancerous tissue during surgical procedures. These agents help surgeons identify cancer that might otherwise be left behind, potentially improving complete removal and patient outcomes.

Operating in the biotechnology research sector, On Target positions itself at the intersection of diagnostics and surgical care, supplying tools that aid intraoperative decision-making for cancer patients. The company’s technology is aimed at the surgical suite, supporting clinicians and their patients by providing real-time visualization of cancerous tissue. In March 2026, the company was recognized by Fast Company among its World's Most Innovative Companies for that year.

Section iconCompany Overview

SIC Code
8731 - Commercial Physical and Biological Research
NAICS Code
541714 - Research and Development in Biotechnology (except Nanobiotechnology)
Founded
2010
Employees
51-200

Section iconFunding & Financials

  • $112M

    On Target has raised a total of $112M of funding over 6 rounds. Their latest funding round was raised on Nov 16, 2023 as a Series C.

  • $25M - $50M

    On Target's revenue is estimated to be in the range of $25M - $50M

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