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How Labforge, Inc CEO Yassir Rizwan grew Labforge, Inc 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.

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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.

Labforge, Inc Revenue GrowthReported revenue / ARR by year$0$125K$250K$375K$500K$625K2013201520172019202120232024$0$335K$508KSource: GetLatka.com
YearMilestone
2024Labforge, Inc Hit $508.5k revenue in October 2024
2023Labforge, Inc Hit $402k revenue in October 2023
2021Labforge, Inc Hit $335k revenue in April 2021
2013Launched with $0 revenue

Labforge, Inc Valuation, Funding Rounds

Labforge, Inc's most recent disclosed valuation is $1.5M.

Labforge, Inc is a bootstrapped Data Science and Machine Learning Platforms startup. Founded in 2013, Labforge, Inc has grown to $508.5K in revenue without raising any venture capital or outside funding.

As a self-funded Data Science and Machine Learning Platforms SaaS company, Labforge, Inc has built its business with no outside investment.

Labforge, Inc Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120132013 cumulative: $0 • 2013 Founded: $02013 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Labforge, Inc Employees & Team Size

Labforge, Inc employs approximately 8 people as of 2026.

Labforge, Inc has 8 total employees in different roles and functions.

Labforge, Inc Team GrowthReported headcount over time0358101320132015201720192021202320240088Source: GetLatka.com
YearMilestone
2024Reached 8 employees (October 2024)
2023Reached 8 employees (October 2023)
2022Reached 10 employees (October 2022)
2021Reached 8 employees (December 2021)
2021Reached 11 employees (April 2021)

Founder / CEO

Yassir Rizwan

Yassir Rizwan is listed as Founder / CEO at Labforge, Inc.

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Customers

We do not have customer count information for Labforge, Inc yet.

Frequently Asked Questions about Labforge, Inc

What is Labforge, Inc's revenue?

Labforge, Inc generates $508.5K in 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.

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 .

Labforge, Inc Revenue 2024: $508.5K ARR, $1.5M Valuation