About App Labs
App Labs is a company based in Philadelphia (United States) founded in 2001 was acquired by CSC in September 2011.. App Labs has raised $32.63 million across 2 funding rounds from investors including SVB, DXC Technology and WestBridge Capital. App Labs has completed 1 acquisition, including KeyLabs. App Labs operates in a competitive market with competitors including QualiTest, Cigniti, SQS, Ten10 Group and BugRaptors, among others.
- Headquarter Philadelphia, United States
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Applabs Technologies Private Limited
- Date of Incorporation 20 Apr, 2001
- Jurisdiction Chennai, Telangana, India
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Software Development Team
154 people
Leadership Team
104 people
Finance and Accounting
70 people
Sales and Marketing
42 people
Human Resources and Administration
35 people
Data Analysis and Operations Team
28 people
Senior Team
23 people
Global Team
18 people
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Funding Insights of App Labs
App Labs has successfully raised a total of $32.63M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in June 2008. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $20.0M
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First Round
First Round
(29 Jun 2006)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2008 | Amount | Series B - App Labs | Valuation |
investors |
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| Jun, 2006 | Amount | Series A - App Labs | Valuation | WestBridge Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in App Labs
App Labs has secured backing from 7 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include SVB, DXC Technology and WestBridge Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investment firm focusing on purpose-driven capital for Indian entrepreneurs in sectors like financial services and technology.
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Founded Year | Domain | Location | |
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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Venture capital investments and partnerships in diverse sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by App Labs
App Labs has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include KeyLabs. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of software development, design, and data services
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1996 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - App Labs
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
App Labs Comparisons
Competitors of App Labs
App Labs operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as QualiTest, Cigniti, SQS, Ten10 Group and BugRaptors, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Software testing services are provided across multiple industries.
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Independent software testing services are provided with proprietary tools.
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| domain | founded_year | HQ Location |
Software testing services are provided across various industries by SQS.
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| domain | founded_year | HQ Location |
Software testing services are delivered to support quality assurance needs.
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| domain | founded_year | HQ Location |
Delivers comprehensive software testing and QA services to ensure product reliability.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on App Labs
Frequently Asked Questions about App Labs
When was App Labs founded?
App Labs was founded in 2001 and raised its 1st funding round 5 years after it was founded.
Where is App Labs located?
App Labs is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.
Is App Labs a funded company?
App Labs is a funded company, having raised a total of $32.63M across 2 funding rounds to date. The company's 1st funding round was a Series A of $12.63M, raised on Jun 29, 2006.
What does App Labs do?
App Labs, founded in 2001 in Philadelphia, United States, focuses on providing business support, providing IT services, application development, software testing, and outsourced testing. Provider of software testing services. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Who are the top competitors of App Labs?
How many acquisitions has App Labs made?
App Labs has made 1 acquisition, including KeyLabs.
Who are App Labs's investors?
App Labs has 7 investors. Key investors include SVB, DXC Technology, WestBridge Capital, Saama Capital, and Sequoia Capital.
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