About Hero Labs
Hero Labs is a company based in London (United Kingdom) founded in 2018.. Hero Labs has raised $5.48 million across 4 funding rounds from investors including Earthworm. The company has 4 employees as of November 30, 2021. Hero Labs operates in a competitive market with competitors including ecobee, Particle, Signify, Landis+Gyr and Tibber, among others.
- Headquarter London, United Kingdom
- Employees 4 as on 30 Nov, 2021
- Stage Minicorn
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Sectors
EnvironmentBusiness Services Energy & Utilities Technology Real Estate & Construction
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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 Hero Laboratories Ltd
- Date of Incorporation 15 Oct, 2018
- Jurisdiction LONDON
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.48 M (USD)
in 4 rounds
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Latest Funding Round
$2.08 M (USD), Seed
Oct 31, 2021
- Investors
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Employee Count
4
as on Nov 30, 2021
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Funding Insights of Hero Labs
Hero Labs has successfully raised a total of $5.48M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $2.08 million completed in October 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 4
- Last Round Seed — $2.1M
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First Round
First Round
(06 Jun 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Seed - Hero Labs | Valuation |
investors |
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| Apr, 2021 | Amount | Seed - Hero Labs | Valuation |
investors |
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| Jul, 2019 | Amount | Grant - Hero Labs | Valuation |
investors |
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| 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 Hero Labs
Hero Labs has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Earthworm. 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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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 Hero 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 - Hero 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 |
Hero Labs Comparisons
Competitors of Hero Labs
Hero 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 ecobee, Particle, Signify, Landis+Gyr and Tibber, 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 smart thermostats for commercial and residential applications
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| domain | founded_year | HQ Location |
IoT connectivity platform from prototype to production is developed.
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| domain | founded_year | HQ Location |
Signify is recognized as a global leader in lighting solutions.
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| domain | founded_year | HQ Location |
End-to-end energy management solutions are provided for utilities worldwide.
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| domain | founded_year | HQ Location |
Provider of solutions for energy monitoring for residential building
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| domain | founded_year | HQ Location |
Energy efficiency and smart grid management solutions
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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 Hero Labs
Frequently Asked Questions about Hero Labs
When was Hero Labs founded?
Hero Labs was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Hero Labs located?
Hero Labs is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Hero Labs a funded company?
Hero Labs is a funded company, having raised a total of $5.48M across 4 funding rounds to date. The company's 1st funding round was a Grant of $377.08K, raised on Jun 06, 2019.
How many employees does Hero Labs have?
As of Nov 30, 2021, the latest employee count at Hero Labs is 4.
What does Hero Labs do?
Hero Labs was founded in 2018 in London, United Kingdom, focusing on the IoT sector for water management. Ultrasonic technology is employed in devices installed under sinks to monitor water usage and identify anomalies like dripping taps or burst pipes through artificial intelligence algorithms. Battery power is utilized, along with proprietary radio technology that transmits signals through up to eight concrete floors, enabling placement in basements or areas without WiFi.
Who are the top competitors of Hero Labs?
Hero Labs's top competitors include ecobee, Particle and Landis+Gyr.
Who are Hero Labs's investors?
Hero Labs has 1 investor. Key investors include Earthworm.
What is Hero Labs's valuation?
The valuation of Hero Labs is $7.3M as of Oct 2021.