# LabNow

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/labnow

- Industry: Medical Devices & Equipment
- Headquarters: Austin, US
- Website: www.labnow.com
- Total disclosed funding: $34M
- Latest round: Series B (Nov 13, 2007)
- Investors on record: 2

## About

LabNow Inc. is focused on providing innovative solutions for laboratory testing and management, facilitating efficient and reliable lab operations for various sectors.LabNow Inc. was founded in 2005 and is headquartered in Austin, US. The company specializes in laboratory technologies and services, aiming to streamline laboratory processes. It has successfully completed a total of 5 deals, with its most recent funding round being a VENTURE DEBT round that raised USD 0.610 mn on May 11, 2010. To date, LabNow Inc. has raised a total of USD 20.000 mn in funding. The founder's background includes previous entrepreneurial ventures, although specific details about other companies are not available.LabNow Inc. specializes in domain registration and management services, facilitating businesses and individuals in securing their online presence through unique domain names. Their primary offerings include domain registration, renewal, and transfer services, complemented by additional features such as DNS management and privacy protection. These services are designed to simplify the process of establishing an online identity, enabling users to navigate the complexities of the internet while ensuring their domains are well-maintained and secure. Serving a diverse clientele that includes small businesses, entrepreneurs, and larger enterprises, the company operates in various geographical markets, including North America, Europe, and parts of Asia, where the demand for reliable and accessible domain services continues to grow.The company's revenue model is primarily based on transactions related to domain registrations, renewals, and associated services. Clients typically engage with the firm through a direct-to-consumer approach, purchasing domain names and bundling additional services such as email hosting or website building tools. Revenue is generated through annual registration fees and supplementary charges for premium services. The company also offers tiered pricing plans that cater to different customer needs, thereby enhancing customer retention and satisfaction. Flagship products include their domain registration service and associated management tools, which remain integral to the company’s overall revenue generation strategy.LabNow Inc. is actively pursuing plans to enhance its service offerings with the introduction of new products aimed at improving laboratory management efficiency, although specific release dates have not been disclosed. The company is also targeting expansion into new geographical markets within Asia and Europe by the end of 2023. The recent funding of USD 0.610 mn will be utilized to support these initiatives, allowing LabNow to invest in product development and market penetration strategies.

## Funding rounds

- Series B, Nov 13, 2007, $20M — Austin Ventures, Sammons Enterprises
- Series A, Sep 29, 2004, $14M — Austin Ventures

## Investors

- Austin Ventures (https://capitalatlas.ai/funds/austin-ventures) — Series A, Series B
- Sammons Enterprises — Series B