iLabService

Business Support ServicesSeries AShanghai, Chinailabservice.com

Latest round

Series A

Last raised

Jul 2021

Total raised

$16M

Investors

5

About iLabService

iLabService is focused on providing laboratory management solutions that optimize operations through digital tools. Founded in 2017 in Shanghai, China, it has secured a total of 6 deals to date.iLabService provides a comprehensive suite of laboratory management solutions aimed at optimizing laboratory operations through digitalization. Their core offerings include a data-driven laboratory operations platform that leverages industry best practices to streamline processes, enhance productivity, and ensure compliance.iLabService generates revenue through a subscription-based model for its laboratory management platform, fostering long-term partnerships with clients, including well-known biopharmaceutical incubators. The company plans to develop new products aimed at enhancing laboratory efficiency, although specific release dates have not been disclosed. Additionally, it is looking to expand its market reach beyond China into the broader Asia-Pacific region to capture growing demand for laboratory management solutions.

Who invested in iLabService

5 investors across 3 rounds

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Funding rounds

  1. Series A

    Jul 27, 2021

    Amount

    $15M

    Investors

    Locked

  2. Angel

    Jan 1, 2019

    Amount

    Undisclosed

    Investors

    Locked

  3. Seed

    May 5, 2018

    Amount

    $0.1M

    Investors

    Locked

Questions about iLabService

Who invested in iLabService?

iLabService has 5 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has iLabService raised?

iLabService has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did iLabService last raise money?

iLabService's most recent round on record is a Series A, in Jul 2021.

What does iLabService do?

iLabService is focused on providing laboratory management solutions that optimize operations through digital tools.

Where is iLabService headquartered?

iLabService is headquartered in Shanghai, China.

Which VCs invest in companies like iLabService?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back business support services companies at iLabService's stage. Their profiles are linked below.

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