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How Virtual Lab. Inc. CEO Minho Lee grew Virtual Lab. Inc. to $1M revenue with a 12 person team in 2024.

Virtual Lab is a company that specializes in virtual laboratory solutions. They provide business and productivity software for various industries. Their virtual lab technology allows users to conduct experiments and simulations in a virtual environment, eliminating the need for physical lab equipment. The company was founded in XXXX (year).

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Virtual Lab. Inc. Revenue

In 2024, Virtual Lab. Inc.'s revenue reached $1M. The company previously reported $235.7K in 2021. Since its launch in 2016, Virtual Lab. Inc. has shown consistent revenue growth.

Virtual Lab. Inc. Revenue GrowthReported revenue / ARR by year$0$250K$500K$750K$1M$1M201620172018201920202021202220232024$0$236K$1MSource: GetLatka.com
YearMilestone
2024Virtual Lab. Inc. Hit $1m revenue in June 2024
2021Virtual Lab. Inc. Hit $235.7k revenue in April 2021
2016Launched with $0 revenue

Virtual Lab. Inc. Valuation, Funding Rounds

Virtual Lab. Inc.'s most recent disclosed valuation is $707K.

Virtual Lab. Inc. is a bootstrapped Virtual Workspaces startup. Founded in 2016, Virtual Lab. Inc. has grown to $1M in revenue without raising any venture capital or outside funding.

As a self-funded Virtual Workspaces SaaS company, Virtual Lab. Inc. has built its business with no outside investment.

Virtual Lab. Inc. Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120162016 cumulative: $0 • 2016 Founded: $02016 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Virtual Lab. Inc. Employees & Team Size

Virtual Lab. Inc. employs approximately 12 people as of 2026, up from 5 in 2021.

Virtual Lab. Inc. has 12 total employees in different roles and functions.

Virtual Lab. Inc. Team GrowthReported headcount over time0369121520162017201820192020202120222023202400551212Source: GetLatka.com
YearMilestone
2024Reached 12 employees (October 2024)
2021Reached 5 employees (April 2021)

Founder / CEO

Minho Lee

Minho Lee is listed as Founder / CEO at Virtual Lab. Inc..

Q&A

QuestionAnswer
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Customers

We do not have customer count information for Virtual Lab. Inc. yet.

Frequently Asked Questions about Virtual Lab. Inc.

What is Virtual Lab. Inc.'s revenue?

Virtual Lab. Inc. generates $1M in revenue.

Who founded Virtual Lab. Inc.?

Virtual Lab. Inc. was founded by Minho Lee.

Who is the CEO of Virtual Lab. Inc.?

The CEO of Virtual Lab. Inc. is Minho Lee.

How much funding does Virtual Lab. Inc. have?

Virtual Lab. Inc. raised $0.

How many employees does Virtual Lab. Inc. have?

Virtual Lab. Inc. has 12 employees.

Where is Virtual Lab. Inc. headquarters?

Virtual Lab. Inc. is headquartered in Chennai, Tamil Nadu, India.

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Compare Virtual Lab. Inc. to the industry

Virtual Lab. Inc. operates across multiple industries. Browse revenue, funding, and growth data for Virtual Lab. 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 .