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How CoLabs CEO David Hull grew CoLabs 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.

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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.

CoLabs Revenue GrowthReported revenue / ARR by year$0$1M$2M$3M$4M$5M20172018201920202021202220232024$0$1M$2M$4MSource: GetLatka.com
YearMilestone
2024CoLabs Hit $3.9m revenue in October 2024
2023CoLabs Hit $2.4m revenue in December 2023
2021CoLabs Hit $1.4m revenue in April 2021
2017Launched 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.

CoLabs Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$3M$6M$9M$12M$15M2017201820192017 cumulative: $0 • 2017 Founded: $02018 cumulative: $4M • 2017 Founded: $0 • 2018 Funding round: $4M2019 cumulative: $6M • 2017 Founded: $0 • 2018 Funding round: $4M • 2019 Funding round: $2M2019 cumulative: $13M • 2017 Founded: $0 • 2018 Funding round: $4M • 2019 Funding round: $2M • 2019 Funding round: $6M$13M2017 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2019Funding round$6.2M--
2019Funding round$2.3M--
2018Funding round$4M--

CoLabs Employees & Team Size

CoLabs employs approximately 84 people as of 2026.

CoLabs has 84 total employees in different roles and functions and 1 sales reps that carry a quota.

CoLabs Team GrowthReported headcount over time02040608010020172018201920202021202220232024008484Source: GetLatka.com
YearMilestone
2024Reached 84 employees (October 2024)
2023Reached 84 employees (December 2023)
2022Reached 79 employees (December 2022)
2021Reached 57 employees (December 2021)
2021Reached 22 employees (April 2021)

Founder / CEO

David Hull

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

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Customers

We do not have customer count information for CoLabs yet.

Frequently Asked Questions about CoLabs

What is CoLabs's revenue?

CoLabs generates $3.9M in 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.

How many employees does CoLabs have?

CoLabs has 84 employees.

Where is CoLabs headquarters?

CoLabs is headquartered in Tampa, Florida, United States.

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Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

CoLabs Revenue 2024: $3.9M ARR, $12.5M Raised