CoLab Software revenue hit $2.2M in 2024

CoLab Software generates revenue from customers

CoLab Software

St John’s, Newfoundland and Labrador, Canada

About Company RevenueFundingTeamFounder/CEOCEO Net Worth

How CoLab Software hit $2.2M revenue with a 88 person team in 2023.

Developer of a cloud-based design review and issue tracking platform designed to assist the workflow of manufacturing teams. The company's platform offers Real-time collaboration tools for mechanical and product design teams with the goal of significantly reducing the near 20% of project time that is wasted on poor communication during the design lifecycle, enabling manufacturing teams to focus on shortening development cycles and reducing manufacturing errors.

Founded

2017

Founded

Revenue

$2.2M

2023 Revenue

YOY

27.4%

YOY

Funding

$2.9M

Funding

CoLab Software Revenue

In 2023, CoLab Software revenue run rate hit $2.2M in revenue.

  • 2023

    CoLab Software hit $2.2M in revenue in 2023

  • 2021

    CoLab Software hit $1.4M in revenue in 2021

  • 2017

    CoLab Software launched in 2017 with $0 revenue

CoLab Software Funding History

  • 2019

    CoLab Software raised a of in October, 2019

  • 2019

    CoLab Software raised a of in August, 2019

  • 2018

    CoLab Software raised a of in June, 2018

FUNDING DATE ROUND AMOUNT VALUATION
October, 03 2019
August, 19 2019
June, 25 2018

Team

CoLab Software has 88 total employees.

DISTRIBUTION QTY
Total team size 88

Founder / CEO

Adam Keating

For two years he led the development of hyperloop technology with Paradigm Hyperloop, finishing second at the 2017 SpaceX Competition from a field of 1200 teams while delivering the first ever air-levitated hyperloop vehicle. He was fortunate to work with the amazing engineering and fabrication team at RefleXion Medical who are building the world's first Biology-Guided Radiotherapy Cancer Treatment Machine. Fighting this disease is a passion of him after losing his father to cancer in 2013. In the past five years he have witnessed the most innovative companies use outdated tools for their design and issue management, resulting in delayed projects and exceeded budgets. Today he lead an awesome team at CoLab Software to empower engineering teams to build the future, faster.

Q&A

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Customers

Churn

CoLab Software Executives

Name Position Working Email Personal Email
Adam Keating CEO [email protected] -

CoLab Software Employees

Name Position Working Email Personal Email
Adam Keating CEO [email protected] -

Frequently Asked Questions about CoLab Software

  • When was CoLab Software founded?

    CoLab Software was founded in 2017.

  • How much revenue does CoLab Software generate?

    CoLab Software generates $2.2M in revenue.

  • Who is the CEO of CoLab Software

    The CEO of CoLab Software is Adam Keating.

  • How much funding does CoLab Software have?

    CoLab Software raised $2.9M.

  • How many employees does CoLab Software have?

    CoLab Software has 88 employees.

  • Where is CoLab Software headquarters?

    CoLab Software is headquartered at St John’s, Newfoundland and Labrador, Canada

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