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How Lablup CEO Jeongkyu Shin grew Lablup to $1.5M revenue with a 24 person team in 2024.

Developer of a Paas platform for computing-based research designed to automate the process for cloud services, server maintenance and scaling for machine-learning environments that generally require a lot of system resources. The company's Paas platform, PaaS (Platform as a Service), is based on Docker technology, which efficiently provides multiple independent operating environments on a physical server, enabling users to train ML models and execute code on cloud or on-premises with ease.

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Lablup Revenue

In 2024, Lablup's revenue reached $1.5M. The company previously reported $829.3K in 2023. Since its launch in 2015, Lablup has shown consistent revenue growth.

Lablup Revenue GrowthReported revenue / ARR by year$0$400K$800K$1M$2M$2M201520172019202120232024$0$520K$829K$2MSource: GetLatka.com
YearMilestone
2024Lablup Hit $1.5m revenue in October 2024
2023Lablup Hit $829.3k revenue in October 2023
2021Lablup Hit $519.6k revenue in April 2021
2015Launched with $0 revenue

Lablup Valuation, Funding Rounds

Lablup is a bootstrapped AI & Machine Learning Operationalization (MLOps) Software startup. Founded in 2015, Lablup has grown to $1.5M in revenue without raising any venture capital or outside funding.

As a self-funded AI & Machine Learning Operationalization (MLOps) Software SaaS company, Lablup has built its business with no outside investment.

Lablup Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120152015 cumulative: $0 • 2015 Founded: $02015 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Lablup Employees & Team Size

Lablup employs approximately 24 people as of 2026.

Lablup has 24 total employees in different roles and functions.

Lablup Team GrowthReported headcount over time0612182430201520172019202120232024002424Source: GetLatka.com
YearMilestone
2024Reached 24 employees (October 2024)
2023Reached 24 employees (October 2023)
2022Reached 21 employees (October 2022)
2021Reached 18 employees (December 2021)
2021Reached 6 employees (April 2021)

Founder / CEO

Jeongkyu Shin

Jeongkyu Shin is listed as Founder / CEO at Lablup.

Q&A

QuestionAnswer
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Customers

We do not have customer count information for Lablup yet.

Frequently Asked Questions about Lablup

What is Lablup's revenue?

Lablup generates $1.5M in revenue.

Who founded Lablup?

Lablup was founded by Jeongkyu Shin.

Who is the CEO of Lablup?

The CEO of Lablup is Jeongkyu Shin.

How much funding does Lablup have?

Lablup raised $0.

How many employees does Lablup have?

Lablup has 24 employees.

Where is Lablup headquarters?

Lablup is headquartered in Seoul, South Korea.

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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 .

Lablup Revenue 2024: $1.5M ARR (Bootstrapped)