About Bering Lab
Bering Lab is a company based in Chicago (United States) founded in 2019.. Bering Lab has raised $2.18 million across 2 funding rounds from investors including SBVA, The MBA Fund and NAVER D2 Startup Factory. Bering Lab operates in a competitive market with competitors including Welocalize, RWS Group, KeyPoint Technologies, Lokalise and Rozetta, among others.
- Headquarter Chicago, United States
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.18 M (USD)
in 2 rounds
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Latest Funding Round
$2.18 M (USD), Seed
Aug 07, 2024
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Investors
SBVA
& 3 more
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Employee Count
Employee Count
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Funding Insights of Bering Lab
Bering Lab has successfully raised a total of $2.18M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.18 million completed in August 2024. 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 Seed — $2.2M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2024 | Amount | Seed - Bering Lab | Valuation | SBVA | |
| Apr, 2021 | Amount | Seed - Bering Lab | Valuation | NAVER D2 Startup Factory |
| 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 Bering Lab
Bering Lab has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include SBVA, The MBA Fund and NAVER D2 Startup Factory. 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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Early-stage venture capital arm of SoftBank Group
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Founded Year | Domain | Location | |
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A venture capital firm supporting university startup founders.
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Founded Year | Domain | Location | |
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Tech startups are accelerated via focused incubation programs.
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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 Bering Lab
| 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 - Bering Lab
| 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 |
Bering Lab Comparisons
Competitors of Bering Lab
Bering Lab 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 Welocalize, RWS Group, KeyPoint Technologies, Lokalise and Rozetta, 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 |
Content distribution and localization services are provided to enterprises worldwide.
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| domain | founded_year | HQ Location |
Translation, intellectual property, and language support services are provided.
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| domain | founded_year | HQ Location |
AI-powered language technologies and IT solutions are provided.
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| domain | founded_year | HQ Location |
Language localization services are provided for mobile apps and websites.
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| domain | founded_year | HQ Location |
Language localisation services provider
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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 Bering Lab
Frequently Asked Questions about Bering Lab
When was Bering Lab founded?
Bering Lab was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Bering Lab located?
Bering Lab is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Is Bering Lab a funded company?
Bering Lab is a funded company, having raised a total of $2.18M across 2 funding rounds to date.
What does Bering Lab do?
Bering Lab was established in 2019 and is based in Chicago, United States. Operations focus on the translation sector, specifically handling legal documents for clients requiring accurate multilingual support. Services encompass document preparation, certification, and delivery, serving needs in legal and compliance fields. The company maintains an online presence via beringlab.com to facilitate access to these specialized offerings across relevant geographies.
Who are the top competitors of Bering Lab?
Bering Lab's top competitors include Welocalize, KeyPoint Technologies and RWS Group.
Who are Bering Lab's investors?
Bering Lab has 4 investors. Key investors include SBVA, The MBA Fund, NAVER D2 Startup Factory, and SNU Holdings.
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