# LAB Miami

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lab-miami

- Industry: Education/Training
- Headquarters: Miami, US
- Website: www.thelabmiami.com
- Total disclosed funding: $0.7M
- Latest round: Seed (Dec 13, 2012)
- Investors on record: 1

## About

LAB Miami LLC is a collaborative workspace and community hub designed to foster innovation among startups and entrepreneurs through networking, mentorship, and creative workspaces.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. The company has received funding through 2 deals, with the latest round being led by Knight Enterprise Fund, amounting to USD 1.1 mn on October 25, 2016. The CEO is Thomas Wenrich, and the company was established by Daniel Lafuente.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. The LAB serves growth-stage startups, seasoned executives, and investors, providing a sophisticated environment for networking, collaboration, and scaling ventures. 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's services encompass access to mentorship programs, workshops, and networking events aimed at elevating the entrepreneurial experience and advancing Miami's tech ecosystem.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. LAB Miami’s commitment to building a vibrant ecosystem encourages collaboration among its members, thereby fostering an environment where startups can thrive and achieve scalable growth.The most recent funding round of USD 1.1 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.

## Funding rounds

- Seed, Dec 13, 2012, $0.7M — Knight Enterprise Fund

## Investors

- Knight Enterprise Fund (https://capitalatlas.ai/funds/knight-enterprise-fund) — Seed