LabFellows, founded in 2014, is a pioneering player in the intersection of Biotechnology, Life Sciences, and Logistics sectors, headquartered in the United States. With the slogan "Do More Science," the company is on a mission to enhance lab operations through its innovative LabOps Platform, built specifically for making science function efficiently as a business.
The platform was conceived by a group of lab operators managing over 300 biotech startups, frustrated by outdated methods such as fax and email for operations, and manual record-keeping. The flagship product, LabFellows Cloud, leverages technology to offer automation that enhances lab productivity and control, facilitating quicker transitions of scientific breakthroughs from the lab to market.
The company demonstrated its market potential with a Seed Round investment on March 15, 2018, backed by prominent investors including Tech Coast Angels, MIR Ventures, and Wharton Alumni Angels. This positions LabFellows as a compelling opportunity for venture capitalists seeking innovation in lab operations technology.