# Spatial LABS

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

- Industry: Software
- Headquarters: Marina del Rey, US
- Website: www.slabs.one
- Total disclosed funding: $10M
- Latest round: Seed (Jan 26, 2023)
- Investors on record: 2

## About

Spatial LABS, based in Los Angeles, specializes in developing innovative solutions that enhance user engagement with apparel, focusing on personalized storytelling through technology.Founded in 2020 and headquartered in Marina del Rey, California, Spatial LABS, Inc. creates products that transform how individuals share their lifestyle narratives. The company has completed 2 deals, with the latest deal occurring on January 26, 2023, when they raised USD 10.000 mn in SEED funding led by Blockchain Capital, with additional participation from Marcy Venture Partners. The founder, Amrit Jain, has a background in technology and entrepreneurship, although further details about previous ventures are not available.Spatial LABS, Inc. offers a groundbreaking product called Circle, designed to enhance the way users engage with their apparel and share personal narratives. Circle empowers individuals to present their world in a highly unique format, transcending conventional bio tools and thus addressing the need for personalized and dynamic storytelling in the digital space. The primary end user for Circle includes fashion enthusiasts and individuals looking to showcase their lifestyle and experiences, thereby creating a vibrant community of sharing and connectivity. Released in 2025, Circle is marketed primarily in North America and Europe, targeting tech-savvy consumers aged 18-35 who seek innovative ways to express their identities through clothing and stories.Spatial Labs generates revenue through direct consumer sales of its flagship product, Circle, which is sold in various pricing tiers to accommodate different user needs. Transactions are structured primarily as direct sales through the company's online platform, allowing customers to purchase Circle products individually or potentially as part of bundled offerings. The pricing strategy includes options for one-time purchases and gift cards, which facilitate gifting among users. Additionally, partnerships with retailers and fashion brands may provide further distribution channels, enhancing accessibility to a broader audience. Revenue is derived from the sale of these innovative products, reflecting the company's commitment to redefining consumer engagement in the apparel industry.In January 2023, Spatial LABS raised USD 10.000 mn in SEED funding led by Blockchain Capital, with the proceeds aimed at supporting expansion into new markets and the growth of their team. The company is focused on launching new features for Circle and enhancing its functionality, with plans to enhance market penetration in North America and Europe by 2025. The recent funding will facilitate the development of these upcoming features and support the company's efforts to attract a larger user base.

## Funding rounds

- Seed, Jan 26, 2023, $10M — Blockchain Capital, Marcy Venture Partners

## Investors

- Blockchain Capital (https://capitalatlas.ai/funds/blockchain-capital) — Seed
- Marcy Venture Partners (https://capitalatlas.ai/funds/marcy-venture-partners) — Seed