Clean Waste Systems

Clean Waste Systems (“CWS”) has received a $500,000 investment from Traction Capital. The Maple Lake, MN based company manufactures and sells equipment utilizing its own proprietary, patented ozone technology for sterilizing infectious medical waste. The process uses significantly less energy and water to operate and produces a fraction of the greenhouse gas emissions as traditional technologies currently in use today. Traction Capital looks forward to working with the company as they continue to grow.

Clean Waste Systems has been in business since 2011. The company is registered with the Environmental Protection Agency (EPA) and its technology is approved in 30 states and has been licensed and is in use abroad. The company’s customers consist primarily of large hospitals and third-party medical waste processors.

Due to COVID, surgeries and other medical procedures that produce infectious medical waste were significantly curtailed the past few years, which, in turn, reduced hospital revenues and profits, which, in turn, reduced hospital budgets for any type of capital equipment acquisitions. “It’s been a rough couple of years,” said Peter Jude, one of the company’s founders, “but COVID appears to be largely behind us now and some of the sales that we were working on prior to 2020 seem to be getting back on track. Traction Capital had the foresight to see what we saw going forward and we’re really excited to have them on board with us.”

“Prior to their investment in our company, Traction Capital introduced us to EOS (The Entrepreneurial Operating System), and we’ve been using it since October of last year”, said Steve Pellegrene, also a founder of Clean Waste Systems. “We love the discipline and accountability that EOS has brought to us. It forces us to keep our eye on the ball and make sure that we have the right people in the right seats doing what is necessary to be successful. It’s a new day around here and we could not be more excited about our future.”

“We’re excited too.” said Shane Erickson, CEO and Managing Partner at Traction Capital. “We think CWS is going to be a big winner for us and for our investors. The ability to substantially reduce a hospital’s carbon footprint, along with ongoing operating expenses is huge. We believe the future is very bright for CWS and we’re delighted to be on board.”

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Scott litman

strategic growth partner

Scott Litman is a serial entrepreneur, advisor, and investor who brings decades of hands-on startup and growth experience to Traction Capital. With five successful company exits and a long list of accolades, he’s a driving force behind innovation and scale in Minnesota’s business community.

As a Strategic Growth Partner, Scott has an immense level of experience in entrepreneurship that he brings to Traction Capital.  He has gone from startup, funding, growth and exit five times (Imaginet Inc, Spot Buy Spot, Imaginet LLC, Magnet 360 & Lucy). In that time, he has received a number of honors & awards including E&Y Entrepreneur of the Year, Business Journal Titan of Technology, University of Minnesota Outstanding Achievement, Smart Business Dealmakers Hall of Fame, Twin Cities Business 100 People to Know / Watch (3 times), Minnesota Business The (Real) Power 50 and Business Journal 40 Under 40. Along the way, Scott has experienced being #1 in The Business Journals Fast 50, made the Inc 500 and has worked with over 25% of the Fortune 500.

Scott founded the Minnesota Cup, the largest state wide business plan competition in the US and has been on the Board of Advocates for Backpack, a student run marketing and communications agency out of the University of Minnesota.

Scott has served on the BOD, Advisory Board or been advisor to a number of startups that have had tremendous success including Enstratus (acquired by Dell), InStereo (acquired by Salesloft), HealthSimple (acquired by J&J), Hollywood Fashion Secrets (acquired by American International Industries), I See Me (acquired by The McEvoy Group) and more.