# Duro Labs

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

- Industry: Software
- Headquarters: Los Angeles, US
- Website: www.durolabs.co
- Total disclosed funding: $7.5M
- Latest round: Seed (Nov 21, 2023)
- Investors on record: 3

## About

Founded in 2017 and based in California, US, Duro Labs, Inc. operates as a product management platform that provides data to build and design hardware products. In April 2024, Duro Labs, Inc. raised USD 7.5 million in seed funding led by Primary Ventures, with participation from Bonfire Ventures and Riot Ventures. 

Duro Labs specializes in a cloud-native Product Lifecycle Management (PLM) platform designed specifically for hardware teams. The core offering centralizes part data, manages change orders, and integrates with existing tech stacks, facilitating efficient communication and data continuity throughout the product development lifecycle. Duro’s platform addresses challenges such as communication breakdowns between engineering and manufacturing teams. The platform is used by industries like aerospace & defense, industrial automation, computer infrastructure, and energy management, serving a diverse client base that includes companies like Gilmour Space and Rapid Robotics. 

Duro offers three pricing plans: Team with up to 14 users, 25 GB storage, business with up to 24 users, 50 GB storage, added control and integrations, and Enterprise with over 25 users, 100 GB storage, support, and configurable features.

The company intends to use the April 2024 funding to expand its R&D staff, boosting its product development capacity and delivering new features that enable clients to construct a best-in-class hardware tech stack.

## Funding rounds

- Seed, Nov 21, 2023, $7.5M — Primary Ventures, Riot Ventures, Bonfire Ventures

## Investors

- Primary Ventures (https://capitalatlas.ai/funds/primary-ventures) — Seed
- Riot Ventures (https://capitalatlas.ai/funds/riot-ventures) — Seed
- Bonfire Ventures (https://capitalatlas.ai/funds/bonfire-ventures) — Seed