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How NextLabs CEO Keng Lim grew to $19.4M revenue with a 181 person team in 2024.

NextLabs, Inc. provides of policy-driven information risk management software for Global 5000 enterprises. Theyoffer a cohesive solution for improving compliance and mitigating information risk by helping companies achieve safer and more secure internal and external collaboration, and ensure proper access to applications and data.

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NextLabs Revenue

In 2024, NextLabs's revenue reached $19.4M. The company previously reported $23.2M in 2024. Since its launch in 2004, NextLabs has shown consistent revenue growth.

NextLabs Revenue GrowthReported revenue / ARR over time$0$5M$10M$15M$20M$25M20042006200820102012201420162018202020222024$0$10.3M$19.4MSource: GetLatka.com
YearMilestoneQuote
2024NextLabs Hit $19.4m revenue in November 2024
2023NextLabs Hit $15.7m revenue in October 2023
2021NextLabs Hit $10.3m revenue in April 2021
2004Launched with $0 revenue

NextLabs Valuation, Funding Rounds

NextLabs is a bootstrapped Other Collaboration Software startup. Founded in 2004, NextLabs has grown to $19.4M in revenue without raising any venture capital or outside funding.

As a self-funded Other Collaboration Software SaaS company, NextLabs has built its business with no outside investment.

NextLabs Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12004Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Keng Lim

CEO

Keng Lim is listed as CEO at NextLabs.

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Customers

We do not have customer count information for NextLabs yet.

NextLabs Employees & Team Size

NextLabs employs approximately 181 people as of 2026, up from 160 in 2023, including 10 sales reps that carry a quota.

NextLabs Team GrowthReported headcount over time040801201602002004200620082010201220142016201820202022202400181181Source: GetLatka.com
YearMilestone
2024Reached 181 employees (December 2024)
2024Reached 160 employees (October 2024)
2023Reached 160 employees (October 2023)
2023Reached 144 employees (September 2023)
2023Reached 138 employees (January 2023)
2022Reached 139 employees (October 2022)
2022Reached 133 employees (January 2022)
2021Reached 126 employees (December 2021)
2021Reached 129 employees (August 2021)
2021Reached 123 employees (April 2021)

Frequently Asked Questions about NextLabs

What is NextLabs's revenue?

NextLabs generates $19.4M in revenue.

Who founded NextLabs?

NextLabs was founded by Keng Lim.

Who is the CEO of NextLabs?

The CEO of NextLabs is Keng Lim.

How much funding does NextLabs have?

NextLabs is bootstrapped and has not raised outside funding.

How many employees does NextLabs have?

NextLabs has 181 employees.

Where is NextLabs headquarters?

NextLabs is headquartered in San Mateo, California, United States.

Compare NextLabs to the industry

NextLabs operates across multiple industries. Browse revenue, funding, and growth data for NextLabs 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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