LAB Miami

Founded in 2011 in Miami, US, LAB Miami LLC operates as a collaborative workspace for startups, providing facilities tailored to different stages of entrepreneurial growth.1 mn on October 25, 2016.LAB Miami primarily operates as a collaborative workspace and community hub focused on fostering innovation among startups and entrepreneurs. Its core offerings include two distinct locations: The LAB and The DOCK, designed to cater to different stages of entrepreneurial development. In contrast, The DOCK targets early-stage entrepreneurs by offering creative workspaces that facilitate community connections among innovators, creatives, and technologists. Both locations are strategically situated in Wynwood, a vibrant district that enhances their appeal, and attract a diverse clientele, including tech founders, product developers, and startup operators.LAB Miami generates revenue primarily through membership subscriptions and event hosting, creating a sustainable financial model while supporting its community of innovators. Memberships provide access to workspaces, resources, and networking opportunities tailored to the needs of both individual entrepreneurs and established companies. Clients typically engage with LAB Miami through tiered membership plans that offer varying levels of access to facilities, programming, and community events. Additionally, the organization may host external events and workshops, providing additional revenue streams while enhancing community engagement.1 mn secured in October 2016 will support LAB Miami’s initiatives to enhance its facilities and expand its services. The company plans to introduce new programs designed for startups and entrepreneurs in 2024. Additionally, LAB Miami is exploring opportunities to expand into international markets, particularly targeting entrepreneurial hubs in Latin America by 2025.

1. Seed

   Dec 13, 2012

   Amount

   $0.7M

   Investors

   Locked