About CardLab
CardLab is a company based in Copenhagen (Denmark) founded in 2006. It operates as a API-as-a-Product, and B2B2C. CardLab has raised $21.04 million across 14 funding rounds from investors including European Union and US Capital Global. The company has 1 employees as of December 31, 2019. CardLab offers products and services including CardLab Access Card, CardLab Defender Card, Quardlock API Services, and Manufacturing Services. CardLab operates in a competitive market with competitors including Entrust, Megvii, Jumio, Unico and Chooch, among others.
- Headquarter Copenhagen, Denmark
- Employees 1 as on 31 Dec, 2019
- Stage Minicorn
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Sectors
TechnologyIndustrial Goods & Manufacturing Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Cardlab Aps
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Annual Revenue
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Net Profit
$-740.97 K (USD)-179as on Dec 31, 2022
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EBITDA
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Total Equity Funding
$21.04 M (USD)
in 14 rounds
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Latest Funding Round
$10 M (USD), Series B
Jun 08, 2021
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Investors
European Union
& 1 more
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Employee Count
1
as on Dec 31, 2019
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Products & Services of CardLab
CardLab offers a comprehensive portfolio of products and services, including CardLab Access Card, CardLab Defender Card, Quardlock API Services, and Manufacturing Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Biometric cards are used for secure access control.
Defender cards are designed for enhanced security access.
API services are provided for secure integration solutions.
Manufacturing services are offered for biometric card production.
Funding Insights of CardLab
CardLab has successfully raised a total of $21.04M across 14 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in June 2021. 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 14
- Last Round Series B — $10.0M
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First Round
First Round
(15 May 2012)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Series B - CardLab | Valuation |
investors |
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| May, 2017 | Amount | Series A - CardLab | Valuation |
investors |
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| Feb, 2017 | Amount | Grant - CardLab | Valuation |
investors |
| 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 CardLab
CardLab has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and US Capital Global. 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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Asset management, mergers, and financing services are provided to SMEs.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 CardLab
| 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 - CardLab
| 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 |
Cardlab Comparisons
Competitors of CardLab
CardLab 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 Entrust, Megvii, Jumio, Unico and Chooch, 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 digital identity management solutions
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| domain | founded_year | HQ Location |
Facial recognition and AI video analysis solutions are provided.
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| domain | founded_year | HQ Location |
AI-powered identity verification and fraud protection solutions are provided.
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| domain | founded_year | HQ Location |
Digital identity solutions company providing facial biometrics and digital admission solutions
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| domain | founded_year | HQ Location |
Generative computer vision solutions are offered for video stream analysis.
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| domain | founded_year | HQ Location |
AI-based identity verification and electronic signing are provided for businesses.
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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 Cardlab
Frequently Asked Questions about CardLab
When was CardLab founded?
CardLab was founded in 2006 and raised its 1st funding round 6 years after it was founded.
Where is CardLab located?
CardLab is headquartered in Copenhagen, Denmark.
Is CardLab a funded company?
CardLab is a funded company, having raised a total of $21.04M across 14 funding rounds to date. The company's 1st funding round was a Grant of $981.31K, raised on May 15, 2012.
How many employees does CardLab have?
As of Dec 31, 2019, the latest employee count at CardLab is 1.
What does CardLab do?
CardLab is focused on delivering biometric smart card solutions for secure access control. The company serves enterprises, government institutions, and critical infrastructure operators with innovative authentication technologies. Solutions are designed to integrate with existing systems, ensuring offline verification for enhanced security and privacy. Sectors addressed include identity and access management, with an emphasis on eliminating traditional keys and passwords. Tokenization is incorporated to reduce data breach risks, supporting GDPR and PCI DSS compliance. CardLabs offerings are recognized for reliability, scalability, and cost-effectiveness in high-security environments.
Who are the top competitors of CardLab?
What products or services does CardLab offer?
CardLab offers CardLab Access Card, CardLab Defender Card, Quardlock API Services, and Manufacturing Services.
Who are CardLab's investors?
CardLab has 2 investors. Key investors include European Union, and US Capital Global.
What is CardLab's valuation?
The valuation of CardLab is $17.06M as of May 2017.