About Applied Labs
Applied Labs is a company based in New York (United States) founded in 2024 by Soham Waychal and Michael Woo.. Applied Labs has raised $4.2 million across 1 funding round from investors including Outlander VC, Point72 Ventures and Abstract Ventures. Applied Labs operates in a competitive market with competitors including Taskade, 11x, Sanalabs, Magical and Dust, among others.
- Headquarter New York, United States
- Founders Soham Waychal, Michael Woo
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Applied Labs Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.2 M (USD)
in 1 rounds
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Latest Funding Round
$4.2 M (USD), Seed
Jan 27, 2025
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Investors
Outlander VC
& 6 more
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Employee Count
Employee Count
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Funding Insights of Applied Labs
Applied Labs has successfully raised a total of $4.2M through 1 strategic funding round. The most recent funding activity was a Seed round of $4.2 million completed in January 2025. 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 1
- Last Round Seed — $4.2M
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First Round
First Round
(27 Jan 2025)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2025 | Amount | Seed - Applied Labs | Valuation | Abstract Ventures |
| 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 Applied Labs
Applied Labs has secured backing from 7 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Outlander VC, Point72 Ventures and Abstract Ventures. 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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Venture capital is provided to tech companies by Outlander VC.
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Founded Year | Domain | Location | |
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Venture capital fund focused on seed to growth stage fintech, deep tech, and enterprise tech companies
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Founded Year | Domain | Location | |
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Early-stage startups are invested in by sector-agnostic VC firm.
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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 Applied Labs
| 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 |
Financial Statements - Applied 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 |
Applied Labs Comparisons
Competitors of Applied Labs
Applied 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 Taskade, 11x, Sanalabs, Magical and Dust, 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 |
Provider of AI agent workspace for task automation and project management
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| domain | founded_year | HQ Location |
Developer of AI-powered digital workers for sales, RevOps, and go-to-market
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| domain | founded_year | HQ Location |
AI interfaced collaborative learning and knowledge management platform for enterprises
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| domain | founded_year | HQ Location |
A cloud-based platform is provided for task automation and management.
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| domain | founded_year | HQ Location |
AI-based design and deployment platform for large language models
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Applied Labs
Frequently Asked Questions about Applied Labs
When was Applied Labs founded?
Applied Labs was founded in 2024 and raised its 1st funding round 1 year after it was founded.
Where is Applied Labs located?
Applied Labs is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Applied Labs?
Michael Woo is the current CEO of Applied Labs. They have also founded this company.
Is Applied Labs a funded company?
Applied Labs is a funded company, having raised a total of $4.2M across 1 funding round to date. The company's 1st funding round was a Seed of $4.2M, raised on Jan 27, 2025.
What does Applied Labs do?
Applied Labs was founded in 2024 in New York, United States, within the AI sector. Customer service solutions are delivered via a platform that automates responses and resolves inquiries across multiple channels. Intelligent AI workers are employed to manage workflows automatically. Businesses are supported in streamlining operations through these tools, with a focus on multichannel integration and efficiency.
Who are the top competitors of Applied Labs?
Who are Applied Labs's investors?
Applied Labs has 7 investors. Key investors include Outlander VC, Point72 Ventures, Abstract Ventures, Guillermo Rauch, and Akshat Bubna.