About Forever Labs
Forever Labs is a company based in Detroit (United States) founded in 2015.. Forever Labs has raised $2.22 million across 3 funding rounds from investors including Northwestern Mutual, Silicon Badia and BABEL Ventures. Forever Labs operates in a competitive market with competitors including StemCyte, China Cord Blood, Provia Labs, Generate and Mill Creek Life Sciences, among others.
- Headquarter Detroit, United States
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Sectors
Healthcare
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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
$2.22 M (USD)
in 3 rounds
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Latest Funding Round
$2 M (USD), Seed
May 10, 2018
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Investors
Northwestern Mutual
& 7 more
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Employee Count
Employee Count
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Funding Insights of Forever Labs
Forever Labs has successfully raised a total of $2.22M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $2 million completed in May 2018. 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 3
- Last Round Seed — $2.0M
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First Round
First Round
(21 Aug 2017)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2018 | Amount | Seed - Forever Labs | Valuation |
investors |
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| Oct, 2017 | Amount | Seed - Forever Labs | Valuation |
investors |
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| Aug, 2017 | Amount | Seed - Forever Labs | 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 Forever Labs
Forever Labs has secured backing from 8 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Northwestern Mutual, Silicon Badia and BABEL 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 investment firm
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Early-stage startups are accelerated via funding and educational 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 Forever 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 - Forever 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 |
Forever Labs Comparisons
Competitors of Forever Labs
Forever 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 StemCyte, China Cord Blood, Provia Labs, Generate and Mill Creek Life Sciences, 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 |
Umbilical cord blood stem cell transplantation and therapeutic products company
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| domain | founded_year | HQ Location |
Biobanking services for umbilical cord blood stem cells are provided.
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| domain | founded_year | HQ Location |
Stem cell biobanking and manufacturing from children's teeth are provided.
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| domain | founded_year | HQ Location |
Provider of services for the storage of stem cells
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| domain | founded_year | HQ Location |
Tools and technologies to support the development and application of cellular and biologic therapeutics
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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 Forever Labs
Frequently Asked Questions about Forever Labs
When was Forever Labs founded?
Forever Labs was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Forever Labs located?
Forever Labs is headquartered in Detroit, United States. It is registered at Detroit, Michigan, United States.
Is Forever Labs a funded company?
Forever Labs is a funded company, having raised a total of $2.22M across 3 funding rounds to date. The company's 1st funding round was a Seed of $120K, raised on Aug 21, 2017.
What does Forever Labs do?
Forever Labs was founded in 2015 in Detroit, United States, within the biotechnology sector. Stem cell storage and preservation services are provided, focusing on young adult stem cells. These cells are maintained for potential use in addressing age-related diseases, aging research, and anti-aging treatments. Operations involve secure, long-term cryopreservation to support regenerative medicine applications across the United States.
Who are the top competitors of Forever Labs?
Forever Labs's top competitors include StemCyte, China Cord Blood and LaCell.
Who are Forever Labs's investors?
Forever Labs has 8 investors. Key investors include Northwestern Mutual, Silicon Badia, BABEL Ventures, Aaron Hirschhorn, and Michael Schenden.
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