Valuation
$1.8M
2024 Revenue
$591.2K
Funding
$0
YOY
118.2%
Team
2
Founded
2015
How Studio 1 Labs CEO Edward Shim grew Studio 1 Labs to $591.2K revenue with a 2 person team in 2024.
Studio 1 Labs is an information technology company that specializes in fabric sensor technology, hardware electronics, and Saas.
Last updated
Studio 1 Labs Revenue
In 2024, Studio 1 Labs's revenue reached $591.2K. The company previously reported $270.9K in 2023. Since its launch in 2015, Studio 1 Labs has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Studio 1 Labs Hit $591.2k revenue in October 2024 |
| 2023 | Studio 1 Labs Hit $270.9k revenue in December 2023 |
| 2016 | Studio 1 Labs Hit $796.8k revenue in January 2016 |
| 2015 | Launched with $0 revenue |
Studio 1 Labs Valuation, Funding Rounds
Studio 1 Labs's most recent disclosed valuation is $1.8M.
Studio 1 Labs is a bootstrapped IoT Development Tools startup. Founded in 2015, Studio 1 Labs has grown to $591.2K in revenue without raising any venture capital or outside funding.
As a self-funded IoT Development Tools SaaS company, Studio 1 Labs has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
Studio 1 Labs Employees & Team Size
Studio 1 Labs employs approximately 2 people as of 2026.
Studio 1 Labs has 2 total employees in different roles and functions.
| Year | Milestone |
|---|---|
| 2024 | Reached 2 employees (October 2024) |
| 2023 | Reached 2 employees (December 2023) |
| 2022 | Reached 2 employees (December 2022) |
| 2021 | Reached 1 employees (December 2021) |
| 2016 | Reached 10 employees (January 2016) |
Founder / CEO
Edward Shim
Edward Shim is listed as Founder / CEO at Studio 1 Labs.
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 Studio 1 Labs yet.
Frequently Asked Questions about Studio 1 Labs
What is Studio 1 Labs's revenue?
Studio 1 Labs generates $591.2K in revenue.
Who founded Studio 1 Labs?
Studio 1 Labs was founded by Edward Shim.
Who is the CEO of Studio 1 Labs?
The CEO of Studio 1 Labs is Edward Shim.
How much funding does Studio 1 Labs have?
Studio 1 Labs raised $0.
How many employees does Studio 1 Labs have?
Studio 1 Labs has 2 employees.
Where is Studio 1 Labs headquarters?
Studio 1 Labs is headquartered in Markham, Ontario, Canada.
People Also Viewed

DoxyChain
Next-generation blockchain document management system (DMS)

Treatstock
The company primarily operates in the Software industry. Treatstock was founded in 2016 and is headquartered in Newark, DE.

Webproof
The company primarily operates in the Software industry. Webproof is headquartered in Miami, FL.

RTB-Media
RTB-Media is a cross-channel trading desk and reporting platform for brands and agencies.

OpsVantage Digital

X-CITE S.A.
We merged the IoT & AI SYSTEM ENABLER and DESIGN HOUSE view, creating a unique positioning to enable private and public clients ’cross industries to deploy IoT, AI & 5G solutions in a reliable way, “Out of the Box”. Regrouping multiple expertise – IoT, Cloud technologies, Mass data, AI, ML, Security, NG telco networks incl. 5G & xPON, automatization - our offer is unique! From idea generation, over fast prototypes, POCs’, followed by large implementations using X-BRAiN as a Connectivity, Mass-data and AI Accelerator incl. NEF-SCEF 5G integration. X-CITE is official Google Cloud partner. Our aim is to build a library of +200 AI & 5G use cases covering the most essential verticals, allowing our multi-disciplinary teams together with customers to rapidly formulate ideas or use-cases and implement them in X-BRAiN with low TTM. X-BRAiN uses ML and AI algorithms to address IoT and its associated problems, all available in a subscription model. Our Foundational Technology Platform is blockchain enabled. Learn more on www.x-brain.io Our offer includes a growing Edge hardware portfolio integr. with X-BRAiN and available in subscription model. It includes a world first advanced 5G Google Coral Module which can be mounted straight on devices including Drones; modular 4G LTE Cat. M1/Cat. NB2/EGPRS & GNSS high-speed Tracker and environmental Sensor, NB1/NB2 and M1 cellular LPWAN vehicle and health tracker. We are accelerating our move to a Digital Business Platform model and open-up X-BRAiN to developers that can make more of the data, assets, and services available – Become part of our “Firestarters” developer community. We design and build your future IoT, AI, 5G and circular economy strategy and products. X-CITE is headquartered in Luxembourg, with offices in Munich and Belgrade and strong links to UK.
Compare Studio 1 Labs to the industry
Studio 1 Labs operates across multiple industries. Browse revenue, funding, and growth data for Studio 1 Labs 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 .
