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.
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.
People of Labster
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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.
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.
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Venture capital investments are provided by Sofina to emerging companies.
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Investments in technology companies are managed by AENU.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investor details for Labster
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Investments & Acquisitions by Labster
Labster has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include UbiSim.
Investment portfolio details for Labster
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- Portfolio identities
- Transaction dates
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Virtual reality platform for nursing simulations is provided.
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Complete acquisition details for Labster
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Financial Statements - Labster
Detailed financials for Labster
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Labster Comparisons
Peer comparison for Labster
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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.
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Lab experiments are conducted via mobile app using device sensors.
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Cloud-based platform providing automation, PLC, and robotics programming learning solution
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Online platform for laboratory academy offering educational experiences through virtual laboratories
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Online platform for virtual science labs
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Develops interactive 3D apps for anatomy education and sells licenses to institutions.
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Detailed competitors of Labster
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Latest news on Labster
Complete news archive for 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.
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, Simumatik and Sparsha Learning Technologies.
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.