About LabNow
LabNow is a company based in Austin (United States) founded in 2005. It operates as a B2B. LabNow has raised $21.64 million across 5 funding rounds from investors including Sammons and Austin Technology Incubator. LabNow operates in a competitive market with competitors including Chembio, Cellavision, Diatron, MicroX Labs and Sedia Biosciences, among others.
- Headquarter Austin, United States
- SectorsHealthcare
- Website labnow.com
- Total Equity Funding$21.64M (USD)
in 5 rounds
- Latest Funding Round$605K (USD), Series B
May 2010
- InvestorsSammons
& 1 more
Funding Insights of LabNow
LabNow has successfully raised a total of $21.64M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $605 thousand completed in May 2010. 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 $21.64M
- Total Rounds 5
- Last Round Series B — $605,000
- Investors Count 2
All 5 funding rounds of LabNow 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 |
|---|---|---|---|---|---|
| May 2010 | $605,000 | Series B | – | – | – |
| May 2009 | $250,000 | Series B | – | – | – |
| Apr 2009 | $783,350 | Series B | – | – | – |
| Nov 2007 | $20M | Series B | – | – | |
| Jun 2006 | – | Seed | – | Austin Technology Incubator | – |
2 investors in total: 2 institutional.
Investors in LabNow
LabNow has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Sammons and Austin Technology Incubator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Deep tech commercialization is facilitated by Austin Technology Incubator. | 1989 | ati.utexas.edu | Austin, USA | |
Investments are directed toward consumer products and B2B services. | 1962 | sammonsenterprises.com | Dallas, United States |
Investor details for LabNow
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Timeline of LabNow
3 dated milestones of LabNow across 5 years, from founding to its latest funding, stage changes and deals.
- Founded LabNow is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $605K.
Competitors of LabNow
LabNow 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 Chembio, Cellavision, Diatron, MicroX Labs and Sedia Biosciences, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| chembio.com | 1986 | Medford, United States | – | 213 | Proprietary immunoassay platform is utilized for infectious disease diagnostics. | |
| cellavision.com | 1994 | Lund, Sweden | – | 7 | Solutions for digital microscopy. | |
| diatron.com | 1989 | Budapest, Hungary | – | 15 | Hematology and clinical chemistry analyzers with reagents are manufactured. | |
| microxlabs.com | 2013 | Bengaluru, India | $63,446 | – | MEMS-based biochips are developed for blood cell counting. | |
| sediabio.com | 2009 | Portland, United States | $284,998 | 33 | Point-of-care HIV diagnostic assays and surveillance tools are developed. | |
| aldatubio.com | 2014 | Boston, United States | – | – | Diagnostic tools for infectious diseases are developed using genotyping platforms. | |
| accelevirdx.com | 2015 | Baltimore, United States | – | – | Developer of diagnostic assays for HIV | |
| pathwaydx.com | 2002 | Malibu, United States | – | – | Biomarker discovery platform and diagnostic assays were developed and licensed. | |
| ursureinc.com | 2015 | Boston, United States | – | – | Non-invasive urine test for HIV PrEP adherence monitoring is developed. | |
| chipcare.ca | 2009 | Toronto, Canada | $11.1M | – | Develops a hand-held blood test device from a single drop of blood. |
Detailed competitors of LabNow
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Labnow
Complete news archive for LabNow
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.
Similar companies to LabNow
10 companies that operate in the same segment as LabNow (Traditional Diagnostics & Medical Devices), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Materials management solutions are provided for healthcare organizations. | 1892 | Chicago, Illinois, United States | USD 29.13 M | USD 20.63 B | 53,000 | |
3D-printed orthopedic products are manufactured for medical applications. | 1941 | Kalamazoo, Michigan, United States | – | – | – | |
Ophthalmic pharmaceuticals and instruments are developed for eye care. | 1853 | Bridgewater, New Jersey, United States | – | USD 5.1 B | 13,500 | |
Heart pumps are developed for blood circulation and oxygenation support. | 1981 | Danvers, Massachusetts, United States | – | USD 1.03 B | 1,157 | |
Medical device management services are provided to healthcare facilities. | 1999 | Exeter, New Hampshire, United States | USD 275.93 M | USD 68.67 M | 353 | |
Medical surgical consumables including sutures and anti-microbial gloves are manufactured. | 1992 | Bengaluru, Karnataka, India | USD 102.36 M | USD 7.14 K | 39 | |
Manufacturer of medical equipments | 1967 | Bengaluru, Karnataka, India | USD 58.9 M | USD 98.65 M | 578 | |
BD is recognized for providing innovative medical technology solutions. | 1897 | Franklin Lakes, New Jersey, United States | – | USD 21.84 B | 74,000 | |
Dental lasers and scanning devices are developed for clinical use. | 1987 | Foothill Ranch, California, United States | – | USD 49.16 M | – | |
Manufacturer and distributor of aprons, surgical gowns, uniforms, and other medical products | 1966 | Mundelein, Illinois, United States | – | USD 28.45 B | 1,305 |
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Frequently Asked Questions about LabNow
LabNow was founded in 2005 and raised its 1st funding round 1 year after it was founded.
LabNow is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
LabNow is a funded company, having raised a total of $21.64M across 5 funding rounds to date.
LabNow, established in 2005 and currently in Dissolved stage, focuses on providing healthcare solutions, developing medical devices, offering diagnostic solutions, and point-of-care systems. Offers WBC counting point-of-care diagnostic systems for healthcare needs. Adapting to market demands with innovation and client-focused strategies.
LabNow's top competitors include Cellavision, Chembio and MicroX Labs.
LabNow has 2 investors. Key investors include Sammons, and Austin Technology Incubator.