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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
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.
Labforge, Inc reached a $1.5M valuation in 2025, set during its M&A Offer round.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $1.5M | - |
| Question | Answer |
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| What's your age? | - |
| Favorite online tool? | - |
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| Favorite CEO? | - |
| Advice for 20 year old self | - |
We do not have customer count information for Labforge, Inc yet.
Labforge, Inc employs approximately 8 people as of 2026.
Labforge, Inc generates an estimated $508.5K in annual revenue.
Labforge, Inc was founded by Yassir Rizwan.
The CEO of Labforge, Inc is Yassir Rizwan.
Labforge, Inc raised $0.
Labforge, Inc has 8 employees.
Labforge, Inc is headquartered in Waterloo, Ontario, Canada.
Labforge, Inc operates across multiple industries. Browse revenue, funding, and growth data for Labforge, Inc in each sector below.
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.
Claim this profileValuation
$1.5M
2024 Revenue
$508.5K(Est.)
Funding
$0
Team
8
Founded
2013
| Year | Milestone | Source |
|---|---|---|
| 2024 | Labforge, Inc Hit $508.5k revenue in October 2024 | Estimated |
| 2023 | Labforge, Inc Hit $402k revenue in October 2023 | Estimated |
| 2021 | Labforge, Inc Hit $335k revenue in April 2021 | |
| 2013 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 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) |
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