Play Lab - About the company
Play Lab is a series A company based in Beijing (China), founded in 2015 by Gigi Carunungan, Zeng Lin Lynn and Steve Hsia. It operates as a Provider of online and offline STEAM educational products. Play Lab has raised an undisclosed amount in funding from Happiness Capital. The company has 395 active competitors, including 5 funded and 11 that have exited. Its top competitors include companies like Solomon Exam Prep, Schülerhilfe and Class 101.
Company Details
Provider of online and offline STEAM educational products. These products include courseware lessons and hands-on kits designed for experiments, simulations, and prototypes. The company utilizes an inquiry-based learning methodology aligned with educational standards. Each lesson incorporates DIY videos and student workbooks. A live streaming virtual classroom enhances social interaction, facilitating online learning without compromising quality. The goal is to provide engaging and effective learning experiences for students.
- Website
- playnovate.com
- Email ID
- *****@playnovate.com
- Phone Number
- +86 **********
Key Metrics
Founded Year
2015
Location
Beijing, China
Stage
Series A
Latest Funding Round
Investors
Ranked
3rd among 395 active competitors
Employee Count
4 as on Jun 30, 2026
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Play Lab's funding and investors
Play Lab has raised funding over 2 rounds. Its first funding round was on 2019. Its latest funding round was a Series A round on Sep 02, 2020 for $*****. 1 investor participated in its latest round. Play Lab has 4 institutional investors.
Here is the list of recent funding rounds of Play Lab:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 02, 2020 | 6756360 | Series A | 6825814 | 6621886 | 4990523 | 7913947 |
2019 | 3285 | Series A | 5912 | 1562 | 9970 |
View details of Play Lab's funding rounds and investors
Play Lab's founders and board of directors
Founder? Claim ProfileThe founders of Play Lab are Gigi Carunungan, Zeng Lin Lynn and Steve Hsia. Zeng Lin Lynn is the CEO of Play Lab.
Here are the details of Play Lab's key team members:
- Gigi Carunungan: Co-Founder of Play Lab.
- Zeng Lin Lynn: Co-Founder & CEO of Play Lab.
- Steve Hsia: Co-Founder & Chairman of Play Lab. Contact Info: 1 email address
View details of Play Lab's Founder profiles and Board Members
Play Lab's employee count trend
Play Lab has 4 employees as of Jun 26. Here is Play Lab's employee count trend over the years:
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Play Lab's Competitors and alternates
Top competitors of Play Lab include Solomon Exam Prep, Schülerhilfe and Class 101. Here is the list of Top 10 competitors of Play Lab, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Solomon Exam Prep 1992, Portland (United States), Acquired | Provider of exam preparation services | - | - | 37/100 |
2nd | Schülerhilfe 1974, Munich (Germany), Acquired | Provider of in-person and online tutoring services | - | 37/100 | |
3rd | Provider of online and offline STEAM educational products | - | 36/100 | ||
4th | Class 101 1997, Crestview (United States), Acquired | Provider of academic tutoring services | - | - | 32/100 |
5th | ARCH Education 2009, Hong Kong (China), Unfunded | Educational institute offering skill-based enrichment courses, academic tuition, and test preparation services | - | - | 29/100 |
6th | Tutor Doctor 2000, Toronto (Canada), Unfunded | Provider of HVAC system design, sales, installation, and service | - | - | 29/100 |
7th | Professional organization for chartered accountants offering training courses, specialized pathways, and other professional development opportunities | - | - | 29/100 | |
8th | The Golden Circle 2017, London (United Kingdom), Funding Raised | Provider of in-person home tutoring services on academic subjects | - | 29/100 | |
9th | Institution offering professional finance education courses like ACCA, CA, CMA USA, and CMA IND | - | 29/100 | ||
10th | ![]() Lyceo Netherlands, Unfunded | Provider of online education resources for secondary schools | - | - | 29/100 |
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Play Lab's Investments and acquisitions
Play Lab has made no investments or acquisitions yet.
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