Labster

Somerville, United States Founded: 2011 • Age: 15 yrs Minicorn
Provider of virtual labs for educational institutions

About Labster

Labster is an Education company based in Somerville (United States) founded in 2011. Provider of virtual labs for educational institutions. 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 was last valued at $523.38 million in February 2022. Its website labster.com draws about 567 thousand monthly visits. Labster offers products and services including Virtual Lab Simulations, 3D Chemistry Models, and UbiSim. Its focus areas include EdTech, Higher Education Tech, B2B2C Learning Solutions and Activity Based Learning. Its legal entity is Labster ApS. Its competitors include Lab4U and Late Nite Labs; 1 of its 2 listed competitors has raised funding.

Company details

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.

Key Metrics
  • Total Equity Funding
    $147M (USD)

    in 5 rounds

  • Latest Funding Round
    $47M (USD), Series C

    Feb 2022

  • Investors
    Swisscom

    & 13 more

  • Investments & Acquisitions

Products & Services of Labster

Labster offers a comprehensive portfolio of products and services, including Virtual Lab Simulations, 3D Chemistry Models, and UbiSim.

Virtual Lab Simulations
STEM Education Tool

Interactive simulations for hands-on learning in science courses.

3D Chemistry Models
Chemistry Education

Interactive 3D tools to visualize and learn chemistry concepts.

UbiSim
Nursing VR Simulations

VR-based training for realistic nursing practice scenarios.

Apps and channels of Labster

its YouTube channel Labster has 101 subscribers and 30 videos.

Labster
YouTube 101 subscribers 30 videos Education
Open channel

Videos from Labster

The most watched videos on Labster's YouTube channel, Labster (101 subscribers). Click a video to play it here.

What is a Virtual Lab
979 views
Boosting Student Enrollment with Labster and OpenStax (Interview)
348 views
Labster Implementation: Blackboard 2024
342 views
Trial and Error Student Grit and Persistence in Labster
334 views

More on Labster.

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 $147M
  • Total Rounds 5
  • Last Round Series C β€” $47M
  • First Round $10M

    (May 2017)

  • Investors Count 14

All 5 funding rounds of Labster with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2022$47MSeries C$523.38MSofina, AENU
Feb 2021$60MSeries C–a16z
Jun 2020$9MSeries B$83.76MGGV Capital
Feb 2019$21MSeries B$β€’β€’β€’β€’β€’Owl Ventures
May 2017$10MSeries A–Balderton Capital
Valuation history
DateValuationStage
Feb 2022$523.38Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jun 2020$83.76Mβ€’β€’β€’β€’β€’β€’β€’β€’
Feb 2019$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Labster

Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.

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Last known valuation $523.38M (Feb 2022). 14 investors in total: 13 institutional and 1 angel.

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.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital investments are provided by Sofina to emerging companies.
sofinagroup.comBrussels, Belgium
Investments in technology companies are managed by AENU.
aenu.comBerlin, Germany
Venture capital is invested in cybersecurity, fintech, and AI startups.
ggvc.comMenlo Park, United States
Educapital is focused on investing in Edtech and Future of Work startups.
educapitalvc.comParis, France
Investments in edtech companies are made by Owl Ventures.
owlvc.comMenlo Park, United States
Venture capital investments in technology sectors are handled by Andreessen Horowitz.
a16z.com
Multistage venture capital investments are focused on technology sectors.
2000balderton.comLondon, United Kingdom
Early-stage startups are funded by Northzone venture capital.
northzone.comLondon, United Kingdom
Investments are made by Swisscom Ventures, backed by Swisscom AG.
ventures.swisscom.comIttigen, Switzerland
Seed and Series A startups receive investments from Nordic Makers.
nordicmakers.vcCopenhagen, Denmark
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Investor details for Labster

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People of Labster

58 people are tracked at Labster (20 in leadership, 2 in board & advisors, 36 in team).

NameRoleGroup
Phil Salopek
Chief Financial OfficerLeadership
Frédérik Frimodt
Regional Head Of Partnerships: France, Belgium, Switzerland And Francophone CountriesLeadership
Bjørn Toft Madsen
Chief Product & Technology OfficerLeadership
Shawn Boom
CEOLeadership
Francisco David Moreno
VP EngineeringLeadership
John Pothier
Head of Legal & Corporate CounselLeadership
Cassidy Wolfenson
Creative DirectorLeadership
Sarah Stauffer
Head of Content, Virtual Laboratory SimulationsLeadership
Abby Chau
VP Of Customer SuccessLeadership
André Mørkeberg
VP of Sales, EU+Leadership
Bobby Zammuto
Director, SalesLeadership
Christina Fleming
Chief Marketing OfficerLeadership
April Ondis
Sr. Director Of Corporate CommunicationsLeadership
Scott Perham
Director Of EngineeringLeadership
Jose M. Acosta Garrido
Senior Human Resources Business PartnerLeadership
Catherine Gassé
Chief People OfficerLeadership
Ilana Eides
Director, Talent Acquisition & People PartnerLeadership
Angela Cassidy
Director Of OperationsLeadership
Geoff Gillman
Regional Director Of PartnershipsLeadership
Malte Stäps
Director Of Go-to-market Strategy EMEA & APACLeadership

38 more people are available in the full profile.

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Investments & Acquisitions by Labster

Labster has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include UbiSim.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Virtual reality platform for nursing simulations is provided.
ubisimvr.comEcublens, Switzerland2016Oct 2021β€’β€’β€’β€’
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Timeline of Labster

5 dated milestones of Labster across 11 years, from founding to its latest funding, stage changes and deals.

  1. Founded Labster is founded.
  2. Funding First funding round of $10.0M.
  3. Milestone Reaches Minicorn status.
  4. Acquisition Acquires UbiSim.
  5. Funding Latest funding round, Series C, of $47.0M.

Competitors of Labster

Labster has 2 listed competitors in our database, 1 of them funded. They include Lab4U and Late Nite Labs.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
lab4u.co2013San Francisco, United States
Lab experiments are conducted via mobile app using device sensors.
latenitelabs.com2006New York, United States$650,000
Virtual chemistry and biology lab simulations are offered online.
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Detailed competitors of Labster

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Web traffic of Labster

The website of Labster (labster.com) receives about 566.9K visits a month and ranks #71,435 among all websites worldwide, #4,477 in Biology.

  • Monthly visits
    566.9K

    ▲ 16.3% vs previous month

  • Unique visitors
    198.6K

    per month

  • Global rank
    #71,435

    among all websites

  • Category rank
    #4,477

    Science and Education · Biology

Similar websites

Websites whose visitors overlap most with Labster. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
scq.ubc.ca
scq.ubc.ca
100%
–
virtuallabs.nmsu.edu
virtuallabs.nmsu.edu
83%
–
vlab.co.in
79%
107.8K#360,094View details
onlinelabs.in
onlinelabs.in
78%
–
microbenotes.com
77%
#62,171View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Labster

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Top companies in Education Technology Platforms

3 companies that operate in the same segment as Labster (Education Technology Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Developer of a platform providing gamified language learning through interactive exercises
2011Pittsburgh, Pennsylvania, United StatesUSD 183.3 MUSD 748.02 M900
Cloud-based software for K-12 education is provided.
1997Folsom, California, United StatesUSD 32 MUSD 47.59 M1,308
Online platform for preschool management and parent updates is offered.
2014San Francisco, California, United StatesUSD 88.8 M
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Related news about Labster

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Frequently Asked Questions about Labster

Labster was founded in 2011 and raised its 1st funding round 6 years after it was founded.

Labster is headquartered in Somerville, United States. It is registered at Somerville, Massachusetts, United States.

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 A of $10M, raised on May 2017.

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.

Labster's top competitors include Lab4U and Late Nite Labs.

Labster offers Virtual Lab Simulations, 3D Chemistry Models, and UbiSim.

Labster has made 1 acquisition, including UbiSim.

Labster has 14 investors. Key investors include Swisscom, Entangled LLC Group, Balderton Capital, Sofina, and AENU.

The valuation of Labster is $523.38M as of Feb 2022.

Labster operates through Labster Aps.

The website of Labster receives about 567 thousand visits a month and ranks #71,435 among all websites worldwide.

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