About Scent Lab
Scent Lab is a company based in New York (United States) founded in 2021 by Ariana Silvestro.. Scent Lab has raised $20 thousand across 1 funding round from investors including Techstars. Scent Lab offers products and services including Perfume and Candles. Scent Lab operates in a competitive market with competitors including The Yankee Candle, Otherland, Archipelago, Homesick and LuDela, among others.
- Headquarter New York, United States
- Founders Ariana Silvestro
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Sectors
RetailConsumer
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$20 K (USD)
in 1 rounds
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Latest Funding Round
$20 K (USD), Seed
Jun 01, 2023
- Investors
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Employee Count
Employee Count
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Products & Services of Scent Lab
Scent Lab offers a comprehensive portfolio of products and services, including Perfume and Candles. 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.
Fragrance items for personal use and enhancement
Scented candles for ambiance and relaxation
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Funding Insights of Scent Lab
Scent Lab has successfully raised a total of $20K through 1 strategic funding round. The most recent funding activity was a Seed round of $20 thousand completed in June 2023. 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 — $20,000
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First Round
First Round
(01 Jun 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2023 | Amount | Seed - Scent Lab | Valuation | Techstars |
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| 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 |
Investors in Scent Lab
Scent Lab has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Techstars. 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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Startups are accelerated globally without sector restrictions through structured programs.
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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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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 Scent Lab
| 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 - Scent Lab
| 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 |
Scent Lab Comparisons
Competitors of Scent Lab
Scent Lab 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 The Yankee Candle, Otherland, Archipelago, Homesick and LuDela, 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 |
Premium scented candles are sold by an internet-first brand.
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| domain | founded_year | HQ Location |
Scented candles and home decor are offered online by Otherland.
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| domain | founded_year | HQ Location |
Archipelago is engaged in crafting fragrances for bath, body, and home.
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| domain | founded_year | HQ Location |
Scented candles are manufactured to evoke memories and experiences.
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| domain | founded_year | HQ Location |
Scented candles are branded and distributed by LuDela.
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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 Scent Lab
Frequently Asked Questions about Scent Lab
When was Scent Lab founded?
Scent Lab was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Where is Scent Lab located?
Scent Lab is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Scent Lab?
Ariana Silvestro is the current CEO of Scent Lab. They have also founded this company.
Is Scent Lab a funded company?
Scent Lab is a funded company, having raised a total of $20K across 1 funding round to date. The company's 1st funding round was a Seed of $20K, raised on Jun 01, 2023.
What does Scent Lab do?
Scent Lab was founded in 2021 in New York, United States, and operates as an internet-first brand within the consumer goods sector. Customized scented candles are provided through an online platform at shopscentlab.com. Fragrances such as verbena, lemon, jasmine, and musk are featured in the catalog. Personalization is tailored to customers lifestyles and preferences, with scents curated for selection.
Who are the top competitors of Scent Lab?
Scent Lab's top competitors include The Yankee Candle, Otherland and Archipelago.
What products or services does Scent Lab offer?
Scent Lab offers Perfume and Candles.
Who are Scent Lab's investors?
Scent Lab has 1 investor. Key investors include Techstars.
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