# SmartLabs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/smartlabs-2

- Industry: Biotechnology
- Headquarters: Boston, US
- Website: www.smartlabs.com
- Total disclosed funding: $334M
- Latest round: Series C (Jan 18, 2024)
- Investors on record: 7

## About

Based in Massachusetts, US, and founded in 2015 by co-founder and CEO Amrit Chaudhuri and Seth Taylor, PhD. SmartLabs Holdings, LLC assists research professionals in creating a pharma-grade research environment by assisting in the design, construction, and operation of integrated systems. As of 2021, SmartLabs has locations in Cambridge's MIT region, the Boston Seaport's Innovation Square, Boston Landing, and South San Francisco. In January 2024, SmartLabs raised USD 48 million in series C funding from Conversion Venture Capital LLC, Winslow Capital Management, and ArrowMark Partners. 

SmartLabs develops, builds, and operates full-service laboratories, including R & D labs, vivariums, process development suites, pilot-scale manufacturing suites, and cGMP suites, allowing enterprises to expedite scientific discovery and medicinal commercialization. The company's facility offers data rooms, waste storage, and other lab services.

SmartLabs generates revenue by providing flexible lab and office facilities that may accommodate research groups ranging from 10 to more than 200 people on the East and West Coasts.

The company will use the funding raised in January 2024 to support its expansion and development.

## Funding rounds

- Series C, Jan 18, 2024, $48M — ArrowMark Partners, Winslow Capital Management, Conversion Venture Capital
- Series B, Sep 20, 2021, $250M — Falcon Investments, ArrowMark Partners, Conversion Capital, Winslow Capital Management, Breed's Hill Capital, LLC
- Series A, Mar 2, 2020, $36M — ArrowMark Partners, Breed's Hill Capital LLC, Conversion Venture Capital

## Investors

- ArrowMark Partners — Series A, Series B, Series C
- Breed's Hill Capital LLC — Series A
- Conversion Venture Capital (https://capitalatlas.ai/funds/conversion-venture-capital) — Series A, Series C
- Falcon Investments (https://capitalatlas.ai/funds/falcon-investments) — Series B
- Conversion Capital (https://capitalatlas.ai/funds/conversion-capital) — Series B
- Winslow Capital Management (https://capitalatlas.ai/funds/winslow-capital-management) — Series B, Series C
- Breed's Hill Capital, LLC — Series B