2024 Revenue
$3.9M
Funding
$12.5M
YOY
60.5%
Team
84
Founded
2017
How CoLabs CEO David Hull grew to $3.9M revenue with a 84 person team in 2024.
Owner and operator of a software incubator company intended to build cloud-based services. The company's common intellectual property serves as the basis for a portfolio of software-as-a-service companies and partners with industry leaders, using artificial intelligence and machine learning to address their specific challenges, enabling technology companies to get SaaS accelerator toolkit platform to reduce time-to-market.
Last updated
CoLabs Revenue
In 2024, CoLabs's revenue reached $3.9M. The company previously reported $2.4M in 2023. Since its launch in 2017, CoLabs has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | CoLabs Hit $3.9m revenue in October 2024 | |
| 2023 | CoLabs Hit $2.4m revenue in December 2023 | |
| 2021 | CoLabs Hit $1.4m revenue in April 2021 | |
| 2017 | Launched with $0 revenue |
CoLabs Valuation, Funding Rounds
CoLabs has not publicly disclosed its valuation. The company has raised $12.5M in total funding to date.
CoLabs has raised $12.5M in total funding across 3 rounds, with its most recent round in 2019.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2019 | Funding round | $6.2M | - | - | |
| 2019 | Funding round | $2.3M | - | - | |
| 2018 | Funding round | $4M | - | - |
Founder / CEO
David Hull
CEO
Experienced Executive with a demonstrated history of working in SaaS and Staffing. Skilled in Marketing Strategy, Sales Management, Vendor Management, Leadership Development, Operations, Corporate Development, and Contract Negotiation. Strong entrepreneurship professional with a Bachelor's focused in Religious Studies with a Concentration in Ethics from College of the Holy Cross.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for CoLabs yet.
CoLabs Employees & Team Size
CoLabs employs approximately 84 people as of 2026, including 1 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 84 employees (October 2024) |
| 2023 | Reached 84 employees (December 2023) |
| 2022 | Reached 79 employees (December 2022) |
| 2021 | Reached 57 employees (December 2021) |
| 2021 | Reached 22 employees (April 2021) |
Frequently Asked Questions about CoLabs
What is CoLabs's revenue?
CoLabs generates an estimated $3.9M in annual revenue.
Who founded CoLabs?
CoLabs was founded by David Hull.
Who is the CEO of CoLabs?
The CEO of CoLabs is David Hull.
How much funding does CoLabs have?
CoLabs raised $12.5M across 3 rounds.
How many employees does CoLabs have?
CoLabs has 84 employees.
Where is CoLabs headquarters?
CoLabs is headquartered in Tampa, Florida, United States.
Compare CoLabs to the industry
CoLabs operates across multiple industries. Browse revenue, funding, and growth data for CoLabs in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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