About Labster
Labster is a company based in Somerville (United States) founded in 2011.. Labster has raised $147 million across 5 funding rounds from investors including Swisscom, Entangled LLC Group and Balderton Capital. Labster has completed 1 acquisition, including UbiSim. Labster offers products and services including Virtual Lab Simulations, 3D Chemistry Models, and UbiSim. Labster operates in a competitive market with competitors including Lab4U, Simumatik, VRLab Academy, Scholarlab and Education Mobile, among others.
- Headquarter Somerville, United States
- Stage Minicorn
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Sectors
Education
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Phone
*********
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Website
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Social
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- Legal Name Labster Aps
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Products & Services of Labster
Labster offers a comprehensive portfolio of products and services, including Virtual Lab Simulations, 3D Chemistry Models, and UbiSim. 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.
Interactive simulations for hands-on learning in science courses.
Interactive 3D tools to visualize and learn chemistry concepts.
VR-based training for realistic nursing practice scenarios.
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Software Development Team
19 people
Leadership Team
7 people
Sales and Marketing
5 people
Senior Team
3 people
Creative and Marketing Team
3 people
Data Analysis and Operations Team
2 people
Content Team
2 people
Human Resources and Administration
2 people
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Funding Insights of Labster
Labster has successfully raised a total of $147M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $47 million completed in February 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 5
- Last Round Series C — $47.0M
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First Round
First Round
(04 May 2017)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Series C - Labster | Valuation | Sofina , AENU | |
| Feb, 2021 | Amount | Series C - Labster | Valuation | a16z | |
| Jun, 2020 | Amount | Series B - Labster | Valuation | GGV Capital |
| 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 |
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Investors in Labster
Labster has secured backing from 14 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Swisscom, Entangled LLC Group and Balderton Capital. 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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Venture capital investments are provided by Sofina to emerging companies.
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Founded Year | Domain | Location | |
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Investments in technology companies are managed by AENU.
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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 |
| 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 Labster
Labster has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include UbiSim. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Virtual reality platform for nursing simulations is provided.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Labster
| 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 |
Labster Comparisons
Competitors of Labster
Labster 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 Lab4U, Simumatik, VRLab Academy, Scholarlab and Education Mobile, 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 |
Lab experiments are conducted via mobile app using device sensors.
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| domain | founded_year | HQ Location |
Cloud-based platform providing automation, PLC, and robotics programming learning solution
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| domain | founded_year | HQ Location |
Online platform for laboratory academy offering educational experiences through virtual laboratories
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| domain | founded_year | HQ Location |
Online platform for virtual science labs
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| domain | founded_year | HQ Location |
Develops interactive 3D apps for anatomy education and sells licenses to institutions.
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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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Latest news on Labster
Frequently Asked Questions about Labster
When was Labster founded?
Labster was founded in 2011 and raised its 1st funding round 6 years after it was founded.
Where is Labster located?
Labster is headquartered in Somerville, United States. It is registered at Somerville, Massachusetts, United States.
Is Labster a funded company?
Labster is a funded company, having raised a total of $147M across 5 funding rounds to date. The company's 1st funding round was a Series B of $9M, raised on May 04, 2017.
What does Labster do?
Labster was founded in 2011 and is headquartered in Somerville, United States, within the educational technology sector. Virtual lab simulations are developed using mathematical algorithms to facilitate open-ended investigations for institutions. Gamification features, such as 3D environments, storytelling, and scoring mechanisms, are integrated into the offerings. The catalog encompasses subjects including Biology, Microbiology, Chemistry, and Physiology. Clients served include California State University, Harvard, and MIT.
Who are the top competitors of Labster?
Labster's top competitors include Lab4U, Simumatik and Sparsha Learning Technologies.
What products or services does Labster offer?
Labster offers Virtual Lab Simulations, 3D Chemistry Models, and UbiSim.
How many acquisitions has Labster made?
Labster has made 1 acquisition, including UbiSim.
Who are Labster's investors?
Labster has 14 investors. Key investors include Swisscom, Entangled LLC Group, Balderton Capital, Sofina, and AENU.
What is Labster's valuation?
The valuation of Labster is $523.38M as of Feb 2022.
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