Labster

Labster

Verified

Financials

Estimates*

Edit
Revenues, earnings & profits over time
EUR2016201720182019202020212022
Revenues---28.2m28.6m--
% growth----2 %--
EBITDA(<1m)(1.8m)(1.6m)(<1m)2.9m--
% EBITDA margin---(2 %)10 %--
Profit(<1m)(2.3m)(2.9m)(4.5m)(2.9m)(11.0m)(13.2m)
% profit margin---(16 %)(10 %)--
  • Edit

Recent News about Labster

Edit
More about Labsterinfo icon
Edit

Labster is a digital platform that provides immersive virtual labs for STEM (Science, Technology, Engineering, and Mathematics) education. The company's primary clientele includes educational institutions, teachers, and students. Labster operates in the EdTech market, providing a unique blend of technology and education to enhance learning outcomes.

The company's business model revolves around offering virtual lab simulations that engage students, reduce dropout rates, and drive equitable learning outcomes. These simulations allow students to experience real-world scientific challenges, fostering self-efficacy and mastery of STEM skills. Labster's platform is designed to be interactive, allowing students to learn at their own pace in a safe environment.

Labster generates revenue by selling access to its platform to educational institutions. The platform is proven to increase students' knowledge and test scores, making it an attractive tool for institutions aiming to improve their STEM education outcomes. Research shows that students using Labster see a 24% increase in test scores, and 80% of students are more likely to continue enrolling in STEM classes after using the platform.

In summary, Labster is a promising startup in the EdTech sector, leveraging technology to enhance STEM education and improve student outcomes.

Keywords: EdTech, STEM Education, Virtual Labs, Interactive Learning, Self-Paced Learning, Student Engagement, Dropout Reduction, Learning Outcomes, Real-World Simulations, Revenue Generation.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.

Investments by Labster

Edit
UbiSim
ACQUISITION by Labster Oct 2021