When was RubiLabs founded?

RubiLabs was founded in 2018 and raised its 1st funding round 2 years after it was founded.

Where is RubiLabs located?

RubiLabs is headquartered in Abeokuta, Nigeria.

Who is the current CEO of RubiLabs?

Michael Iyanro of RubiLabs. They have also founded 2 companies.

How many employees does RubiLabs have?

As of Jun 30, 2026, the latest employee count at RubiLabs is 3.

Is RubiLabs a funded company?

RubiLabs is a funded company, having raised a total of $20K across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 18, 2020.

When was the latest funding round of RubiLabs?

RubiLabs' latest funding was a $***** Seed round on 2023, with participation from 1 investor.

Where does RubiLabs rank among its competitors?

RubiLabs ranks 72nd amongst 983 active competitors, of which 49 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Conduit Health, which secured $17M in Mar, 2026.

Who are the top competitors of RubiLabs?

RubiLabs' top competitors include Medikabazaar, Tomorrow Health and Conduit Health. Among them, Conduit Health secured the most recent funding round in March, 2026.

RubiLabs - 2026 Company Profile, Team, Funding & Competitors

RubiLabs is a seed company based in Abeokuta (Nigeria), founded in 2018 by Michael Iyanro. It operates as a Provider of medical equipment and supplies procurement platform. RubiLabs has raised $20K in funding from Techstars and Alchemist Accelerator. The company has 983 active competitors, including 49 funded and 43 that have exited. Its top competitors include companies like Medikabazaar, Tomorrow Health and Conduit Health.

Company Details

Provider of medical equipment and supplies procurement platform. The platform delivers blood products, medicines, medical tools, and diagnostic kits to the interior parts of Africa. AI-based robotic diagnostic solutions are developed by the organization.

Website: www.rubilabs.com/
Email ID: *****@rubilabs.com
Phone Number: +234 **********

Key Metrics

Founded Year

2018

Location

Abeokuta, Nigeria

Stage

Seed

Total Funding

$20K in 3 rounds

Latest Funding Round

Seed, 2023, $*****

Investors

Techstars & 3 more

Ranked

72^nd among 983 active competitors

Employee Count

3 as on Jun 30, 2026

Similar Companies

Tomorrow Health & 733 more

View RubiLabs' full profile

RubiLabs has raised a total funding of $20K over 3 rounds. Its first funding round was on Sep 18, 2020. Its latest funding round was a Seed round on 2023 for $*****. 1 investor participated in its latest round. RubiLabs has 4 institutional investors.

Here is the list of recent funding rounds of RubiLabs:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
2023	4214	Seed	5996	7675	7914	6048
Dec 15, 2021	6877657	Grant (prize money)	4803651	8838078	7380416	National Science Foundation
Sep 18, 2020	3397495	Seed	9734574	6175940	Alchemist Accelerator	5936649

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View details of RubiLabs's funding rounds and investors

The founders of RubiLabs is Michael Iyanro.

Here are the details of RubiLabs' key team members:

Michael Iyanro: Founder & CEO of RubiLabs and founder of 2 other companies, Agpreneur and BirdPreneur.

View details of RubiLabs's Founder profiles and Board Members

RubiLabs' employee count trend

RubiLabs has 3 employees as of Jun 26. Here is RubiLabs's employee count trend over the years:

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Top competitors of RubiLabs include Medikabazaar, Tomorrow Health and Conduit Health. Here is the list of Top 10 competitors of RubiLabs, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Medikabazaar 2014, Mumbai (India), Series D	Online marketplace for medical supplies, equipment, and devices catering to healthcare providers	$185M	HealthQuad, Rebright Partners & 32 others	64/100
2nd	Tomorrow Health 2018, New York City (United States), Series B	Provider of an online store for healthcare products	$93M	Bond Capital, Andreessen Horowitz & 6 others	62/100
3rd	Conduit Health 2016, New York (United States), Series A	Online marketplace for clinicians and local suppliers	$22M	Drive Capital, XYZ Venture Capital & 2 others	52/100
4th	Impilo 2020, Philadelphia (United States), Series A	Provider of integrated logistics and data solutions for digital health and remote patient monitoring	$11.5M	Construct Capital, One Way Ventures & 4 others	52/100
5th	Drstore Healthcare Services 2015, Thane (India), Seed	Provider of an online platform for the procurement of diagnostic products	$691K	Equanimity Investments & 6 others	52/100
6th	Helia Care 2016, Scottsdale (United States), Series A	Procurement solutions to strengthen supplier/health system relationships	$3.13M	n Revenue Capital, Serra Ventures & 1 others	51/100
7th	Aknamed 2018, Gurugram (India), Acquired	Cloud and AI based material management software for hospitals	$21.8M	LGT Group, Lightrock & 19 others	50/100
8th	OpenMarkets Health 2010, Chicago (United States), Series A	Groupon-like Technology driven marketplace for healthcare equipment	$3.5M	Texo Ventures, OCA Ventures & 4 others	49/100
9th	MRP 2017, Park City (United States), Series A	Provider of marketplace for selling and buying medical products	-	Aries Capital Partners, OM2 & 5 others	48/100
10th	Bttn 2021, Seattle (United States), Series A	Digital procurement platform for healthcare professionals and buyers	$26.5M	Tiger Global Management, FUSE	45/100
72nd	RubiLabs 2018, Abeokuta (Nigeria), Seed	Provider of medical equipment and supplies procurement platform	$20K	Alchemist Accelerator, Techstars & 2 others	31/100