About LABR
LABR is a company based in Grand Rapids (United States) founded in 2020.. LABR has raised $100 thousand across 1 funding round. LABR offers products and services including LABR App and Worker Vetting Service. LABR operates in a competitive market with competitors including Instawork, Jobandtalent, Wonolo, Traba and WorkWhile, among others.
- Headquarter Grand Rapids, United States
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Sectors
Real Estate & ConstructionTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Labr Technologies, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$100 K (USD)
in 1 rounds
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Latest Funding Round
$100 K (USD), Seed
May 26, 2022
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Investors
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Employee Count
Employee Count
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Products & Services of LABR
LABR offers a comprehensive portfolio of products and services, including LABR App and Worker Vetting Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for connecting employers and workers for on-demand gigs.
Service providing background checks and interviews for reliability.
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Funding Insights of LABR
LABR has successfully raised a total of $100K through 1 strategic funding round. The most recent funding activity was a Seed round of $100 thousand completed in May 2022. 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 1
- Last Round Seed — $100,000
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First Round
First Round
(26 May 2022)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Seed - LABR | 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 |
Investments & Acquisitions by LABR
| 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 - LABR
| 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 |
Labr Comparisons
Competitors of LABR
LABR 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 Instawork, Jobandtalent, Wonolo, Traba and WorkWhile, 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 |
Cloud-based on-demand staffing platform for multi-industry
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| domain | founded_year | HQ Location |
On-demand staffing is enabled via a cloud-based matching platform.
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| domain | founded_year | HQ Location |
On-demand staffing platform is operated for job matching and shifts.
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| domain | founded_year | HQ Location |
Online platform for contract workforce recruitment
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| domain | founded_year | HQ Location |
Positions are filled with pre-screened workers via mobile recruitment app.
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| domain | founded_year | HQ Location |
Recruiters and employers are matched via an online marketplace.
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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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Frequently Asked Questions about LABR
When was LABR founded?
LABR was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is LABR located?
LABR is headquartered in Grand Rapids, United States. It is registered at Grand Rapids, Michigan, United States.
Is LABR a funded company?
LABR is a funded company, having raised a total of $100K across 1 funding round to date. The company's 1st funding round was a Seed of $100K, raised on May 26, 2022.
What does LABR do?
LABR was founded in 2020 and is based in Grand Rapids, United States. A platform is provided for the construction sector, where jobs are posted by companies and applications are submitted by professionals. Mobile applications are available for both Android and iOS devices to facilitate access and usage. Operations focus on connecting employers and workers within the construction industry.
Who are the top competitors of LABR?
LABR's top competitors include Instawork, Jobandtalent and Wonolo.
What products or services does LABR offer?
LABR offers LABR App and Worker Vetting Service.