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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.
Email ID
*****@playnovate.com
Phone Number
+86 **********
Key Metrics
Founded Year
2015
Location
Beijing, China
Stage
Series A
Latest Funding Round
Ranked
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
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Play Lab's founders and board of directors

Founder? Claim Profile
The 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:

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:
Employee count trend for Play Lab
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Solomon Exam Prep
Solomon Exam Prep
1992, Portland (United States), Acquired
Provider of exam preparation services
-
-
37/100
2nd
Logo for Schülerhilfe
Schülerhilfe
1974, Munich (Germany), Acquired
Provider of in-person and online tutoring services
-
37/100
3rd
Logo for Play Lab
Play Lab
2015, Beijing (China), Series A
Provider of online and offline STEAM educational products
-
36/100
4th
Logo for Class 101
Class 101
1997, Crestview (United States), Acquired
Provider of academic tutoring services
-
-
32/100
5th
Logo for ARCH Education
ARCH Education
2009, Hong Kong (China), Unfunded
Educational institute offering skill-based enrichment courses, academic tuition, and test preparation services
-
-
29/100
6th
Logo for Tutor Doctor
Tutor Doctor
2000, Toronto (Canada), Unfunded
Provider of HVAC system design, sales, installation, and service
-
-
29/100
7th
Logo for ISCA
ISCA
1963, Singapore (Singapore), Unfunded
Professional organization for chartered accountants offering training courses, specialized pathways, and other professional development opportunities
-
-
29/100
8th
Logo for The Golden Circle
The Golden Circle
2017, London (United Kingdom), Funding Raised
Provider of in-person home tutoring services on academic subjects
-
29/100
9th
Logo for ELANCE
ELANCE
2018, Kozhikode (India), Funding Raised
Institution offering professional finance education courses like ACCA, CA, CMA USA, and CMA IND
-
29/100
10th
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.

Reports related to Play Lab

Here is the latest report on Play Lab's sector:

FAQs about Play Lab

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