LabCorp - About the company
LabCorp is a public company based in Burlington (United States), founded in 1969 by Matthew Benger. It operates as a Provider of laboratory tests for physicians. LabCorp has raised an undisclosed amount in funding. The company has 2092 active competitors, including 62 funded and 227 that have exited. Its top competitors include companies like Alera Group, Bright Horizons Family Solutions and International SOS.
Company Details
Labcorp is a provider of laboratory tests for physicians. It specializes in providing physicians with laboratory tests. They develop new tests that provide enhanced accuracy and additional clinical information. Their customers include physicians and their patients, hospitals and managed care plans, private employers, military and law enforcement agencies, and pharmaceutical and biotechnology companies. Services offered range from routine testing such as basic blood counts and cholesterol tests to highly complex methods that assist in diagnosing genetic conditions, cancer, and other rare diseases. In 2022, the company recorded annual revenues of $14.76B and a net profit of $1B.
- Website
- www.labcorp.com/
- Social
- Email ID
- *****@labcorp.com
- Registered Address
- Burlington, North Carolina
Key Metrics
Founded Year
1969
Location
Burlington, United States
Stage
Public
Latest Funding Round
Investors
Ranked
1st among 2092 active competitors
Annual Revenue
$1B+ as on Dec 31, 2025
Employee Count
43,417 as on Sep 30, 2026
Similar Companies
Exit Details
Public
Legal entities associated with LabCorp
LabCorp is associated with 6 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Labcorp Holdings Inc. CIN: 920148 , United States, Active | Mar 07, 1994 | $1B+ (As on Dec 31, 2025) | - | - |
LABCORP EARLY DEVELOPMENT INDIA PRIVATE LIMITED CIN: U21002KA2023FTC171784 , India, Active | Mar 31, 2023 | ₹50 - ₹100 Cr (As on Mar 31, 2025) | - | |
LABCORP LABORATORIES INDIA PRIVATE LIMITED CIN: U21002KA2023FTC171970 , India, Active | Apr 06, 2023 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | - | |
WELLNESS CORPORATE SOLUTIONS LLC CIN: 201673089 , United States, Active | Dec 31, 2003 | - | 244 (As on Dec 31, 2019) | - |
LABCORP DIAGNOSTICS PRIVATE LIMITED CIN: U93000DL2019PTC349649 , India, Active | May 07, 2019 | ₹50 - ₹100 Cr (As on Mar 31, 2025) | 349 (As on Apr 30, 2026) | |
LABORATORY CORPORATION OF AMERICA HOLDINGS CIN: 133757370 , Belgium, Active | Dec 26, 999 | - | 9321 (As on Dec 31, 2022) | - |
LabCorp's IPO details
LabCorp got listed on Jul 08, 1988.
Click here to take a look at LabCorp's IPO in detail
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LabCorp's funding and investors
LabCorp has raised funding over 8 rounds. Its first funding round was on Sep 19, 2001. Its latest funding round was a Post IPO round on Feb 15, 2025 for $*****. 1 investor participated in its latest round. LabCorp has 6 institutional investors.
Here is the list of recent funding rounds of LabCorp:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 15, 2025 | 8127755 | Post IPO | 5580231 | 4799393 | 6703129 | 9075082 |
Feb 16, 2021 | 8001269 | Post IPO | 3307200 | 4940740 | 1346748 | |
Oct 14, 2019 | 8467826 | Post IPO | 7629998 | 9092429 | 7988667 | 6571392 |
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LabCorp's founders and board of directors
Founder? Claim ProfileThe founders of LabCorp is Matthew Benger.
Here are the details of LabCorp's key team members:
- Matthew Benger: Founder of LabCorp.
View details of LabCorp's Founder profiles and Board Members
LabCorp's employee count trend
LabCorp has 43,417 employees as of Sep 26. Here is LabCorp's employee count trend over the years:
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LabCorp's Competitors and alternates
Top competitors of LabCorp include Alera Group, Bright Horizons Family Solutions and International SOS. Here is the list of Top 10 competitors of LabCorp, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  LabCorp 1969, Burlington (United States), Public | Provider of laboratory tests for physicians | - | 80/100 | |
2nd |  Alera Group 1995, Deerfield (United States), Acquired | Provider of HR, life & health insurance, general liability, and other services | $250M | 74/100 | |
3rd | Bright Horizons Family Solutions 1986, Watertown (United States), Public | Provider of early education and child care services | - | 69/100 | |
4th |  International SOS 1985, London (United Kingdom), Late Stage | Provider of a digital for protecting global workforces from health and security threats | $306M | 69/100 | |
5th | Cytel 1987, Cambridge (United States), Acquired | Provider of data analysis and statistical solutions for the life sciences industry | $2M | 67/100 | |
6th | Veeda Lifesciences 2004, Ahmedabad (India), Series B | Provider of comprehensive clinical, preclinical, and bioanalytical research services for the development of innovative, biosimilar, and generic drugs | $83.3M | 67/100 | |
7th | Precision for Medicine 2013, United States, Late Stage | Provider of clinical research services, laboratory services, and data intelligence | $150M | 66/100 | |
8th |  Rula 2019, Los Angeles (United States), Series A | Online platform offering mental health therapy services | $5.3M | 64/100 | |
9th | Charles River Laboratories 1947, Wilmington (United States), Public | Provider of drug discovery and preclinical development services | - | 62/100 | |
10th |  Taimei Technology 2013, Pleasanton (United States), Public | A digital intelligence platform focused on the life sciences sector | $194M | 60/100 |
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LabCorp's Investments and acquisitions
LabCorp has made 76 investments in companies including Nanopath and Evvy. LabCorp has also acquired 36 companies including Millenium Health Systems and MLM.Here is the list of investments & acquisitions:Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Nov 10, 2026 | Investments | 2019 | Cambridge (United States) | |
Oct 24, 2026 | Acquisition | 2007 | San Diego (United States) | |
Sep 15, 2026 | Investments | 2002 | New York City (United States) |
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Reports related to LabCorp
Here is the latest report on LabCorp's sector:
News related to LabCorp
Filter this listMedia has covered LabCorp for a total of 90 events in the last 1 year, 49 of them have been about company updates and 11 about partnerships.
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Nanopath Raises $25M in Series B FundingFinSMEs•Nov 10, 2026•Nanopath, LabCorp, Norwest, SV Health Investors
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Opko sees FY 2026 continuing-ops revenue of $268M-$278M following $722M LabCorp asset sale agreement (NASDAQ:OPK)Seeking Alpha•Nov 05, 2026•Opko Health, LabCorp
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Labcorp Holdings Non-GAAP EPS of $4.78 beats by $0.14, revenue of $3.81B beats by $50M, raisSeeking Alpha•Oct 28, 2026•LabCorp
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Labcorp forecasts 2026 adjusted EPS $18.30-$18.70 while estimating 2027 PAMA impact at $125M (NYSE:LH)Seeking Alpha•Oct 28, 2026•LabCorp
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Labcorp, Charles River and FDA Collaborate to Advance Preclinical Drug Abuse Potential Evaluation MethodsPR Newswire•Oct 23, 2026•LabCorp, Charles River Laboratories, FDA
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Labcorp to Acquire Key BioReference Health Assets for $722MContract Pharma•Oct 15, 2026•Bioreference, Opko Health, LabCorp, Greenberg Traurig
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Labcorp Partners with Thrive Global to Launch Thrive 5 Health TestHIT Consultant•Oct 14, 2026•Thrive Global, LabCorp
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N-Power Medicine Raises $32 Million in Series B Fundinghttps://www.intelligence360.news/•Oct 08, 2026•Merck Global Health Innovation Fund, LabCorp, N-Power Medicine, Innovatus Capital Partners
•
Labcorp reaffirms long-term outlook despite preliminary CMS payment cutsSeeking Alpha•Sep 22, 2026•LabCorp
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