About iLabService
iLabService is a Healthcare company based in Shanghai (China) founded in 2016 by Jing Wang and Kenny Li. Lab operations management is enabled by IoT and AI solutions. iLabService has raised $120 thousand across 4 funding rounds from investors including Matrix Partners China, Hangzhou Kaitai Capital Management and TSVC. Its chief executive, as recorded, is Kenny Li. Its focus areas include HealthTech, Life Sciences Tech, Research & Development and Laboratory Management.
Company details
iLabService was founded in 2016 in Shanghai, China, focusing on IoT and AI technologies for lab operations management. Solutions are offered for asset management, equipment reservation, status monitoring, repairs, remote oversight, energy use, environmental conditions, face recognition, and cryopreservation. Real-time analytics are provided, with lab operations accessible remotely via Android and iOS applications. Digital transformation of labs is supported across these areas.
- Headquarters Shanghai, China
- Founders Jing Wang, Kenny Li
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website ilabservice.com
- Social LinkedIn
- Total Equity Funding$120K (USD)
in 4 rounds
- InvestorsMatrix Partners China
& 5 more
Funding Insights of iLabService
iLabService has successfully raised a total of $120K across 4 strategic funding rounds. 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 $120,000
- Total Rounds 4
- First Round $120,000
(Jun 2018)
- Investors Count 6
All 4 funding rounds of iLabService with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2021 | Series A | – | Matrix Partners China | ||
| Mar 2021 | Seed | – | Hangzhou Kaitai Capital Management, Y Combinator | ||
| Jun 2019 | Angel Round | – | TSVC | – | |
| Jun 2018 | $120,000 | Seed | – | – |
6 investors in total: 6 institutional.
Investors in iLabService
iLabService has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Matrix Partners China, Hangzhou Kaitai Capital Management and TSVC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multiple sectors are invested in by this venture capital firm. | matrixpartners.com.cn | Chaoyang, China | ||
| ktcap.cn | ||||
Chinese venture fund in Silicon Valley | tsvcap.com | Los Altos, United States | ||
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States | ||
Early-stage tech and offline companies in China are funded. | future-cap.com | Beijing, China | ||
Multiple sectors are invested in by the venture capital firm. | divideby.com | San Francisco, United States |
Investor details for iLabService
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of iLabService
2 people are tracked at iLabService (2 in leadership).
| Name | Role | Group |
|---|---|---|
Jing Wang | Co-Founder & COO | Leadership |
Kenny Li | Co-Founder & CEO | Leadership |
Complete people profiles for iLabService
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of iLabService
3 dated milestones of iLabService across 5 years, from founding to its latest funding, stage changes and deals.
- Founded iLabService is founded.
- Funding First funding round of $120K.
- Funding Latest funding round, Series A,.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Ilabservice
Complete news archive for iLabService
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about iLabService
iLabService was founded in 2016 and raised its 1st funding round 2 years after it was founded.
iLabService is headquartered in Shanghai, China.
Kenny Li is the CEO of iLabService, as recorded in our data. They have also founded this company.
iLabService is a funded company, having raised a total of $120K across 4 funding rounds to date. The company's 1st funding round was a Seed of $120K, raised on Jun 2018.
iLabService was founded in 2016 in Shanghai, China, focusing on IoT and AI technologies for lab operations management. Solutions are offered for asset management, equipment reservation, status monitoring, repairs, remote oversight, energy use, environmental conditions, face recognition, and cryopreservation. Real-time analytics are provided, with lab operations accessible remotely via Android and iOS applications. Digital transformation of labs is supported across these areas.
iLabService has 6 investors. Key investors include Matrix Partners China, Hangzhou Kaitai Capital Management, TSVC, Y Combinator, and Future Cap.