About Labstep
Labstep is a company based in Watlington (United Kingdom) founded in 2013 was acquired by STARLIMS Technologies in August 2023.. Labstep has raised $1.32 million across 1 funding round from investors including STARLIMS. The company has 12 employees as of December 31, 2021. Labstep offers products and services including ELN Platform, Notebook, Protocols, Inventory, and Order Management. Labstep operates in a competitive market with competitors including Author-it Software, Yseop, doDOC, Phlexglobal and Standard Analytics, among others.
- Headquarter Watlington, United Kingdom
- Employees 12 as on 31 Dec, 2021
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Sectors
Healthcare
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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 Labstep Limited
- Date of Incorporation 25 Nov, 2013
- Jurisdiction SALE, CHESHIRE, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.32 M (USD)
in 1 rounds
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Latest Funding Round
$1.32 M (USD), Angel Round
Jun 22, 2018
- Investors
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Employee Count
12
as on Dec 31, 2021
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Acquired by
STARLIMS Technologies
(Aug 22, 2023)
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Products & Services of Labstep
Labstep offers a comprehensive portfolio of products and services, including ELN Platform, Notebook, Protocols, Inventory, and Order Management. 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.
Cloud platform for real-time data capture and collaboration in R&D.
Tool for recording and tracking research experiments and notes.
System for creating and following step-by-step research protocols.
Feature for scanning and managing lab samples and reagents.
Tool for handling lab orders and inventory procurement.
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Funding Insights of Labstep
Labstep has successfully raised a total of $1.32M through 1 strategic funding round. The most recent funding activity was a Angel Round round of $1.32 million completed in June 2018. 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 Angel Round — $1.3M
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First Round
First Round
(22 Jun 2018)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2018 | Amount | Angel Round - Labstep | 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 Labstep
Labstep has secured backing from 1 investor. Prominent investors backing the company include STARLIMS. 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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Digital LIMS solutions are delivered for research laboratories.
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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 Labstep
| 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 - Labstep
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Labstep Comparisons
Competitors of Labstep
Labstep 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 Author-it Software, Yseop, doDOC, Phlexglobal and Standard Analytics, 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 |
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| domain | founded_year | HQ Location |
Enterprise authoring, content management & publishing platforms
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| domain | founded_year | HQ Location |
Automated natural language generation software for regulatory writing is provided.
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| domain | founded_year | HQ Location |
Web-based audit and compliance software for pharma companies is provided.
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| domain | founded_year | HQ Location |
Clinical trial documents are managed via eTMF systems and services.
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| domain | founded_year | HQ Location |
Scientific publishing software
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Labstep
Frequently Asked Questions about Labstep
When was Labstep founded?
Labstep was founded in 2013 and raised its 1st funding round 5 years after it was founded.
Where is Labstep located?
Labstep is headquartered in Watlington, United Kingdom. It is registered at Watlington, Oxfordshire, United Kingdom.
Is Labstep a funded company?
Labstep is a funded company, having raised a total of $1.32M across 1 funding round to date. The company's 1st funding round was a Angel Round of $1.32M, raised on Jun 22, 2018.
How many employees does Labstep have?
As of Dec 31, 2021, the latest employee count at Labstep is 12.
What does Labstep do?
Labstep was founded in 2013 in Watlington, United Kingdom, within the scientific research sector. A web-based platform is provided to support experimentation workflows, where progress data is captured through interactive protocols. Researchers experiments are recorded and shared via a dedicated social network for collaboration. The tool is applied in both educational teaching and active research operations.
Who are the top competitors of Labstep?
Labstep's top competitors include Yseop, Author-it Software and Standard Analytics.
What products or services does Labstep offer?
Labstep offers ELN Platform, Notebook, Protocols, Inventory, and Order Management.
Who are Labstep's investors?
Labstep has 1 investor. Key investors include STARLIMS.
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