When was iLabService founded?

iLabService was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Where is iLabService located?

iLabService is headquartered in Shanghai, China.

Who is the current CEO of iLabService?

Kenny Li of iLabService. They have also founded 1 company.

How many employees does iLabService have?

As of Apr 30, 2026, the latest employee count at iLabService is 25.

Is iLabService a funded company?

iLabService is a funded company, having raised a total of $120K across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2018.

When was the latest funding round of iLabService?

iLabService's latest funding was a $***** Series A round on Jul 27, 2021, with participation from 3 investors.

Where does iLabService rank among its competitors?

iLabService ranks 33rd amongst 613 active competitors, of which 53 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Quartzy, which secured $23M in Apr, 2026.

Who are the top competitors of iLabService?

iLabService's top competitors include Ovation, Automata and Tecan. Among them, Quartzy secured the most recent funding round in April, 2026.

iLabService - 2026 Company Profile, Team, Funding & Competitors

Company Details

iLabService provides IoT & AI enabled lab operations management solutions. It enables the digital transformation of labs through IoT and AI technologies. It provides solutions for various lab operations including asset management, equipment reservation, status monitoring, repairs management, remote monitoring, energy consumption, environmental monitoring, face recognition, cryopreservation management etc. Also, offers real-time analytic insights. The user can remotely monitor the lab operations through its Android and iOS mobile application.

Website: ilabservice.com
Email ID: *****@ilabservice.com
Phone Number: +86 **********

Key Metrics

Founded Year

2016

Location

Shanghai, China

Stage

Series A

Total Funding

$120K in 4 rounds

Latest Funding Round

Series A, Jul 27, 2021, $*****

Investors

Y Combinator & 7 more

Ranked

33^rd among 613 active competitors

Employee Count

25 as on Apr 30, 2026

Similar Companies

Ovation & 753 more

View iLabService's full profile

iLabService has raised a total funding of $120K over 4 rounds. Its first funding round was on 2018. Its latest funding round was a Series A round on Jul 27, 2021 for $*****. 3 investors participated in its latest round. iLabService has 8 institutional investors.

Here is the list of recent funding rounds of iLabService:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 27, 2021	7090417	Series A	7217859	9552032	7418288	5415912
Mar 21, 2021	7824198	Seed	9002444	4555756	2553108	TSVC & 1 more
2019	7268	Angel	6464	4640	TSVC	4412

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View details of iLabService's funding rounds and investors

The founders of iLabService are Jing Wang and Kenny Li. Kenny Li is the CEO of iLabService.

Here are the details of iLabService's key team members:

Jing Wang: Co-Founder & COO of iLabService. They are also an angel investor in 3 startups.
Kenny Li: Co-Founder & CEO of iLabService.

View details of iLabService's Founder profiles and Board Members

iLabService's employee count trend

iLabService has 25 employees as of Apr 26. Here is iLabService's employee count trend over the years:

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Top competitors of iLabService include Ovation, Automata and Tecan. Here is the list of Top 10 competitors of iLabService, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ovation 2009, Cambridge (United States), Series B	Provider of a cloud-based laboratory information and data management platform for researchers and clinicians	$33.3M	SignalFire, Madrona & 7 others	70/100
2nd	Automata 2015, London (United Kingdom), Series C	Developer of modular lab automation platforms for biological research workflows	$177M	Dimension, Hummingbird Ventures & 26 others	67/100
3rd	Tecan 1980, Mannedorf (Switzerland), Public	Provider of a automated laboratory instruments and solutions	-	Defense.gov, Wadinko & 2 others	66/100
4th	Quartzy 2009, Hayward (United States), Series C	Provider of web-based platform for labs management	$56.9M	Eminence Capital, A.Capital Ventures & 20 others	64/100
5th	Uncountable Data 2016, San Francisco (United States), Series A	Developer of a unified platform for research and development data management	$27M	Sageview Capital, MK Capital & 4 others	61/100
6th	Synthace 2011, London (United Kingdom), Series C	Developer of software for automating biological experiments and data analysis	$80.3M	Horizons Ventures, Sofinnova Partners & 56 others	59/100
7th	Elemental Machines 2015, Cambridge (United States), Series B	Provider of data driven drug discovery and development platform for various industries	$46.6M	Omega Venture Partners, Founders Fund & 22 others	57/100
8th	KareXpert 2014, Gurugram (India), Series A	Provider of cloud-based suite software for healthcare providers	$6.99M	Reliance Industries, Nepean Capital & 1 others	57/100
9th	Labvantage 1989, Somerset (United States), Funding Raised	Laboratory informatics platform streamlining lab data for informed business decisions	-	Apollo Investment Corporation, UBS & 2 others	54/100
10th	Deciphex 2017, Dublin (Ireland), Series C	Network of pathologists providing digital diagnostic services for medical testing	$56.6M	Seroba Life Sciences, Molten Ventures & 13 others	54/100
33rd	iLabService 2016, Shanghai (China), Series A	IoT and AI enabled lab operations management solutions	$120K	TSVC, Divide by Zero & 6 others	42/100