Labby

Boston, United States Founded: 2017 • Age: 9 yrs
Provider of IoT-enabled food analyzer systems
Annual revenue - Latest available
Total funding $480,000 3 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 2 Services tracked
Competitors 11 Brand Intelligence

About Labby

Labby is a company based in Boston (United States) founded in 2017 by Anshuman Das and Julia Somerdin. Labby has raised $480 thousand across 3 funding rounds from investors including National Science Foundation, AgriTech Capital and MassChallenge. Labby offers products and services including Inline Fat & Protein Analyzer and Integrated Milk Testing Solutions. Labby operates in a competitive market with competitors including xFarm, CropX, Stellapps, CropIn and Arable, among others.

  • Headquarter Boston, United States
  • Founders Anshuman Das, Julia Somerdin
  • Sectors
    Agriculture
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Agriculture → Agricultural Technology & Innovation Unlock Sub-Sector Unlock Segment
Technology → Quantum & Emerging Technologies Unlock Sub-Sector Unlock Segment
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Agriculture → Livestock & Animal Nutrition Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $480 K (USD)

    in 3 rounds

  • Latest Funding Round
    $255.91 K (USD), Grant

    Sep 01, 2021

  • Investors
  • Employee Count
    Not available
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Products & Services of Labby

Labby offers a comprehensive portfolio of products and services, including Inline Fat & Protein Analyzer and Integrated Milk Testing Solutions.

Product name locked
Category locked
Primary

Measures butterfat, protein, and blood in milk for quality control.

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Provides real-time insights on milk composition and herd health.

People of Labby

Headcount 1-10
Employee Profiles 7
Board Members and Advisors 4
Employee Profiles
People
Julia Somerdin
CEO & Co-Founder
People
Keith Corbin
CFO
People
Luca Chiossone
Mechanical Engineer & Project Lead
People
George Cudoc
Chief Dairy Officer

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Board Members and Advisors
people
Sam Laakkonen
Advisor
people
Nick Fang
Advisor
people
Aidan Connolly
Advisor
people
Jamie Zimmerman
Advisor

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Funding Insights of Labby

Labby has successfully raised a total of $480K across 3 strategic funding rounds. The most recent funding activity was a Grant round of $255.91 thousand completed in September 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.

Investors in Labby

Labby has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include National Science Foundation, AgriTech Capital and MassChallenge.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
AgriTech Capital is focused on innovation in the agribusiness sector.
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Early-stage entrepreneurs are accelerated through MassChallenge's program.
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A government-backed foundation providing seed-stage investments to support small businesses.
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Investor details for Labby

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Investments & Acquisitions by Labby

Investments
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Investment portfolio details for Labby

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Financial Statements - Labby

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Detailed financials for Labby

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Labby Comparisons

Labby Primary company
Description
Provider of IoT-enabled food analyzer systems
Location
Boston, United States
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Labby

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Competitors of Labby

Labby 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 xFarm, CropX, Stellapps, CropIn and Arable, among others.

Company Name Domain Founded year HQ Location Description
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Farm management solutions are delivered via an IoT-sensor platform.
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Provider of wireless sensors for soil moisture monitoring
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Provider of IoT and software solutions for dairy supply chain optimization
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Provider of farm management software solutions utilizing artificial intelligence and earth observation technology for improved crop productivity and decision-making
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IoT-based farm monitoring and crop management solutions are provided.
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Instruments for chemical analysis are developed and manufactured.
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Detailed competitors of Labby

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Latest news on Labby

Labby Raises $480K in Seed Funding
Finsmes5 years ago
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Complete news archive for Labby

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Frequently Asked Questions about Labby

Labby was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Labby is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Anshuman Das is the current CEO of Labby. They have also founded this company.

Labby is a funded company, having raised a total of $480K across 3 funding rounds to date.

Labby was founded in 2017 in Boston, United States, within the food technology sector. IoT-enabled systems for food analysis are developed and supplied. A portable spectrometer and AI-driven analytics platform are utilized to deliver molecular composition and nutritional data on food items. Databases and solutions for agricultural products, liquors, and dairy are maintained to support industry applications. Operations focus on enabling precise food evaluation through connected devices.

Labby's top competitors include CropIn, Stellapps and xFarm.

Labby offers Inline Fat & Protein Analyzer and Integrated Milk Testing Solutions.

Labby has 3 investors. Key investors include National Science Foundation, AgriTech Capital, and MassChallenge.

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