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Machine Labs logo — Machine Labs helps small businesses with data science; offer...

Machine Labs

Machine Labs helps small businesses with data science; offers employees stock options and development opportunities.

Founded 2019 United Kingdom Edinburgh, United Kingdom 2-10 employees Seed Total: $2.25M Machine Learning

General Information

Company Name Machine Labs
Founded Year 2019
Location United Kingdom Edinburgh, United Kingdom
Employees 2-10
Industries Machine Learning
Funding Stage Seed
Social

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About Machine Labs

Machine Labs is a data science startup based in Edinburgh, Scotland, specializing in assisting small and medium-sized businesses with advanced data science techniques. The company's slogan "Machine Labs helps small businesses with data science; offers employees stock options and development opportunities" encapsulates its core ethos. One notable aspect of the company is its commitment to employee ownership and development, as it extends an Enterprise Management Incentives (EMI) Plan to all team members, awarding them stock options equivalent to 25 percent of their salaries.

Founded in 2019, Machine Labs operates in the Machine Learning industry and recently secured a significant $1.25M Seed Round investment on 09 July 2020. The investors in this round included Techstart Ventures, Bill Dobbie, and Andrew Veitch.

Furthermore, the company actively participates in the ScotGrad program, focusing on the training and development of new graduates to enhance their skills and career prospects. This holistic approach to business and employee development aligns with the company's overall vision and mission.

Business keywords: Small Business Growth, Stock Options, Employee Development, EMI Plan, ScotGrad Program, Big Data Company, Marketing Analytics, Online System, Machine Labs, Edinburgh, Scotland, Startup

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $1.25M 3
Techstart Ventures, Bill Dobbie +1
09 Jul 2020
Seed Round $1.00M 4
Techstart Ventures, Scottish Enterprise +2
28 Jun 2019

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FAQ About Machine Labs

Machine Labs helps small businesses with data science; offers employees stock options and development opportunities.
Machine Labs was founded in 2019.
Machine Labs is headquartered in Edinburgh, United Kingdom.
Machine Labs operates in Machine Learning. Its work centres on Small Business Growth, Stock Options, Employee Development and EMI Plan.
Machine Labs has approximately 2-10 employees.
Machine Labs has completed 2 funding rounds, raising a total of $2.25M. The latest funding stage is Seed.
Top alternatives and competitors to Machine Labs include ConfirmU, Predictry, Cloud Interactive, Singular Intelligence, Rotageek. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Machine Labs and ConfirmU are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Machine Labs, https://bouncewatch.com/company/machine-labs, updated 10 October 2024. When citing, please name BounceWatch and link this page.

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