# Owl Labs

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

- Industry: Hardware
- Headquarters: Somerville, US
- Website: www.owllabs.com
- Total disclosed funding: $46M
- Latest round: Series C (May 3, 2022)
- Investors on record: 6

## About

Owl Labs Inc. develops cutting-edge video conferencing solutions designed to enhance remote collaboration, enabling seamless communication within hybrid workplace environments.Founded in 2014, Owl Labs Inc. is based in Somerville, US, and specializes in video conferencing technology. The company raised a total of USD 25.4 mn through multiple funding rounds, with the latest being a Series C round in May 2022 led by HP Tech Ventures. The founders include Amjad Osman, Ebtihel JAZIRI, John Travis, Mark Schnittman, and Mohamed JAZIRI, with Amjad Osman serving as CEO.Owl Labs specializes in innovative video conferencing technology aimed at enhancing the hybrid work experience. Their core product offerings include the Meeting Owl series, featuring the Meeting Owl 3 and Meeting Owl 4+, designed for small to large meeting rooms. The Meeting Owl 4+ boasts 4K Ultra HD video and AI-powered whiteboard integration, catering to clients in educational, corporate, and creative sectors across North America, Europe, and parts of Asia-Pacific.Owl Labs generates revenue primarily through the direct sale of its video conferencing solutions, including the Meeting Owl 4+ and associated bundles. Operating on a B2B model, the company focuses on providing efficient meeting technologies for organizations, with transactions involving equipment purchases and optional accessory bundles to enhance functionality, such as the Meeting Owl 4+ & Expansion Mic bundle.In May 2022, Owl Labs Inc. raised USD 25.4 mn in Series C funding, led by HP Tech Ventures, to accelerate product development and global adoption. Future initiatives include launching the Meeting Owl®, Whiteboard OwlTM, and Meeting HQT, aimed at expanding into new markets by the end of 2023.

## Funding rounds

- Series C, May 3, 2022, $25M — Matrix Partners, Spark Capital, Sourcenext, Inc., Playground Global, LLC, HP Tech Ventures
- Series B, Apr 17, 2019, $15M — Matrix Partners, Spark Capital, Playground Global, LLC
- Series A, May 9, 2017, $6M — Matrix Partners, iRobot Corporation

## Investors

- Matrix Partners (https://capitalatlas.ai/funds/matrix-partners) — Series A, Series B, Series C
- iRobot Corporation — Series A
- Spark Capital — Series B, Series C
- Playground Global, LLC — Series B, Series C
- Sourcenext, Inc. — Series C
- HP Tech Ventures (https://capitalatlas.ai/funds/hp-tech-ventures) — Series C