# Air Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/air-labs

- Industry: Software
- Headquarters: Brooklyn, US
- Website: www.air.inc
- Total disclosed funding: $58M
- Latest round: Series B (Nov 25, 2024)
- Investors on record: 11

## About

Air Labs, Inc., based in the US, specializes in providing a Creative Operations Platform that enhances collaboration for creative teams, streamlining asset management and approval processes across various industries.Air Labs, Inc. was founded in 2017 and is headquartered in Brooklyn, US. The company operates a platform focused on optimizing creative workflows. The founding team includes Craig Caruth, Shane Hegde, and Tyler Strand, with Shane Hegde serving as CEO. Air Labs has raised a total of USD 32.00 mn in funding, with their most recent funding round, a Series B, completed on November 25, 2024, led by Avenir Growth Capital and featuring participation from several other investors. The company has completed 6 deals to date.Air Labs offers a comprehensive Creative Operations Platform aimed at creative teams, facilitating the management of assets and enhancing collaboration through features like smart search and version control. Their platform serves a diverse clientele, including e-commerce, media, marketing agencies, and educational institutions, and is designed for teams across North America, Europe, and parts of Asia.Air generates revenue through subscription-based models tailored to individual teams and enterprises, with pricing plans to suit various organizational needs. Their offerings include the Air Flow for MacOS desktop app, allowing users to sync files while connected to the cloud, thereby facilitating effective management of creative assets and workflows.In November 2024, Air Labs, Inc. secured USD 32 mn in Series B funding, primarily to accelerate the automation of workflows for creative teams. This funding will support the design and launch of new product features aimed at enhancing usability and efficiency. The company is also exploring opportunities to expand its market presence, particularly in regions across Europe and Asia, by the end of 2025.

## Funding rounds

- Series B, Nov 25, 2024, $32M — Headline, Tiger Global Management, Lerer Hippeau Ventures, Xfund, Designer Fund, WndrCo, Avenir Growth Capital, Slack Venture Capital, Good Friends
- Series A, Jan 6, 2022, $10M — Headline, Tiger Global Management, Lerer Hippeau Ventures
- Series A, Sep 16, 2020, $12M — Tiger Global Management, Lerer Hippeau Ventures, Advancit Capital, Red Sea Ventures, WndrCo, Slack Venture Capital
- Seed, Jun 20, 2019, $4.5M — Lerer Hippeau Ventures, Advancit Capital, Red Sea Ventures, WndrCo

## Investors

- Lerer Hippeau Ventures — Seed, Series A, Series B
- Advancit Capital (https://capitalatlas.ai/funds/advancit-capital) — Seed, Series A
- Red Sea Ventures (https://capitalatlas.ai/funds/red-sea-ventures) — Seed, Series A
- WndrCo (https://capitalatlas.ai/funds/wndrco) — Seed, Series A, Series B
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series A, Series B
- Slack Venture Capital (https://capitalatlas.ai/funds/slack-venture-capital) — Series A, Series B
- Headline (https://capitalatlas.ai/funds/headline) — Series A, Series B
- Xfund (https://capitalatlas.ai/funds/xfund) — Series B
- Designer Fund (https://capitalatlas.ai/funds/designer-fund) — Series B
- Avenir Growth Capital (https://capitalatlas.ai/funds/avenir-growth-capital) — Series B
- Good Friends — Series B
