Valuation
$1.5M
2024 Revenue
$508.5K
Funding
$0
YOY
26.5%
Team
8
Founded
2013
How Labforge, Inc CEO Yassir Rizwan grew to $508.5K revenue with a 8 person team in 2024.
Developer of a robotic device designed to detect and track objects of interest for better business intelligence. The company's device incorporate drones, wearable sensors and smart cameras as well as big data and machine learning for situational awareness to track position and condition of things and people and the objects around them using edge computing, enabling security forces to be aware of what's happening around their personnel in the field and take necessary precautions in advance while reducing data usage.
Last updated
Labforge, Inc Revenue
In 2024, Labforge, Inc's revenue reached $508.5K. The company previously reported $402K in 2023. Since its launch in 2013, Labforge, Inc has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Labforge, Inc Hit $508.5k revenue in October 2024 | |
| 2023 | Labforge, Inc Hit $402k revenue in October 2023 | |
| 2021 | Labforge, Inc Hit $335k revenue in April 2021 | |
| 2013 | Launched with $0 revenue |
Labforge, Inc Valuation, Funding Rounds
Labforge, Inc's most recent disclosed valuation is $1.5M.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
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 Labforge, Inc yet.
Labforge, Inc Employees & Team Size
Labforge, Inc employs approximately 8 people as of 2026.
| Year | Milestone |
|---|---|
| 2024 | Reached 8 employees (October 2024) |
| 2023 | Reached 8 employees (October 2023) |
| 2022 | Reached 10 employees (October 2022) |
| 2021 | Reached 8 employees (December 2021) |
| 2021 | Reached 11 employees (April 2021) |
Frequently Asked Questions about Labforge, Inc
What is Labforge, Inc's revenue?
Labforge, Inc generates an estimated $508.5K in annual revenue.
Who founded Labforge, Inc?
Labforge, Inc was founded by Yassir Rizwan.
Who is the CEO of Labforge, Inc?
The CEO of Labforge, Inc is Yassir Rizwan.
How much funding does Labforge, Inc have?
Labforge, Inc raised $0.
How many employees does Labforge, Inc have?
Labforge, Inc has 8 employees.
Where is Labforge, Inc headquarters?
Labforge, Inc is headquartered in Waterloo, Ontario, Canada.
Compare Labforge, Inc to the industry
Labforge, Inc operates across multiple industries. Browse revenue, funding, and growth data for Labforge, Inc 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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