About Plan B Innovation Labs
Plan B Innovation Labs is a venture capital firm located in Seattle, United States. As of Apr 2022, Plan B Innovation Labs has invested in 7 companies. It primarily invests in Seed round in India based startups. Its investments are spread across a wide range of sectors from HealthTech to Consumer and FinTech. Most recently it participated in the $***** Seed round of BurnCal A lot of funds co-invest with Plan B Innovation Labs, with names like Wellfound sharing a substantial percentage of its portfolio. Plan B Innovation Labs has team of 2 people including 2 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed
Plan B Innovation Labs' List of Top Investments
Plan B Innovation Labs has a portfolio of 7 companies. Their most notable investments are in BurnCal and BetterAlt.Their portfolio spans across and India. They have invested in HealthTech, Consumer, FinTech and 8 other sectors, across stages such as Seed stage. Here is the list of top investments by Plan B Innovation Labs:
1. ClaimBuddy
Platform offering medical insurance claims support solutions. The platform offers solutions for health insurance claim assistance for patients and hospitals. It provides hospitals with a digital infrastructure to manage health insurance claims.
Key facts about ClaimBuddy
- Founded Year: 2020
- Location: Gurugram (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $8.24M
- Employee Count: 78 as on May 31, 2025
- Investors: Chiratae Ventures, Rebright Partners and 40 Others
- Latest Funding Round: Series A, Apr 08, 2024, $*****
- Highlight: Editors' Pick
2. BetterAlt
Key facts about BetterAlt
3. GetWyld
Online platform offering discount cards and social network-based shopping. Users can create digital content, monetize their social network, use WYLD discount cards to purchase their favorite brands, post about it on Instagram, and earn cashback in exchange.
Key facts about GetWyld
- Founded Year: 2019
- Location: Mumbai (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $938K
- Employee Count: 107 as on Apr 30, 2025
- Investors: Capital-A, Force Ventures and 19 Others
- Latest Funding Round: Seed, Feb 08, 2024, $*****
- Highlight: Editors' Pick
4. Red Basil
B2B marketplace offering grocery supplies for businesses. It offers fruits & vegetables, beverages, milk & dairy products, tea and coffee, meat and seafood, and more. It offers products from restaurants and hotels. The mobile application is available for Android and iOS users.
Key facts about Red Basil
- Founded Year: 2020
- Location: Gurugram (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $777K
- Employee Count: 19 as on Aug 31, 2026
- Investors: Aeroflex Enterprises, Sat Industries and 41 Others
- Latest Funding Round: Seed, Apr 25, 2023, $*****
- Highlight: Editors' Pick
5. Terra Food
Platform offering shared kitchen solutions for food businesses. Through its network of hyperlocal cloud kitchens and flagship locations, they provide non-traditional and convenient culinary experiences.
Key facts about Terra Food
- Founded Year: 2017
- Location: Ahmedabad (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $1.87M
- Employee Count: 31 as on Aug 31, 2026
- Investors: Bluehill VC, Pransh Capital Partners and 37 Others
- Latest Funding Round: Seed, Jul 27, 2023, $*****
- Highlight: Editors' Pick
Plan B Innovation Labs' Year-on-Year Investment Trends
Plan B Innovation Labs has invested in 7 companies over the last 5 years, with an average of 1 new investment annually in the last 5 years. Its most recent first time investment was in BurnCal.Plan B Innovation Labs' Investments by Stage
Plan B Innovation Labs has made 6 investments in Seed stage with an average round size of $731K.Plan B Innovation Labs' Investments by Sector
Plan B Innovation Labs has a diverse portfolio, with companies operating in the HealthTech, Consumer, Retail, Consumer Goods and EdTech. Notably, it has invested in 7 Tech companies, 4 Consumer (B2C) companies, 3 Enterprise (B2B) companies and at least 1 company focusing on Marketplace.Sector | No. of Investments |
|---|---|
HealthTech | 3 |
Consumer | 2 |
Retail | 2 |
Consumer Goods | 1 |
EdTech | 1 |
Others | 7 |
Note: We have considered here, only first round of investments
Plan B Innovation Labs' Investments by Geography
Plan B Innovation Labs has made most investments in India (6).Plan B Innovation Labs' recent investments
Plan B Innovation Labs has not made any investment in 2026 so far.Here are the most recent investments by Plan B Innovation Labs:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 05, 2022 | India | Seed | 8611 | [+2] | |
Jan 12, 2022 | India | Seed | 6745 | [+10] | |
Jan 04, 2022 | India | Seed | 2919 | [+11] | |
Jan 03, 2022 | India | Seed | 7312 | [+18] | |
Dec 10, 2021 | India | Seed | 4529 | [+23] |
Team profile of Plan B Innovation Labs
Plan B Innovation Labs has a team of 2 members including 2 Partners. Plan B Innovation Labs' team does not sit on the board of any company as of now.Co-investors of Plan B Innovation Labs
Over the past 5 years, 127 investors have co-invested in Plan B Innovation Labs's portfolio companies. This includes funds and angels.
- Invested before Plan B Innovation Labs: Titan Capital, First Cheque and 44 others have invested in rounds before Plan B Innovation Labs. There are 2 companies where Titan Capital has invested before Plan B Innovation Labs and 2 companies where First Cheque has invested before Plan B Innovation Labs.
- Top Co-investors of Plan B Innovation Labs: 59 investors entered a company along with Plan B Innovation Labs. These include investors like Wellfound (2 companies).
- Invested after Plan B Innovation Labs: A total of 22 investors have invested in Plan B Innovation Labs's portfolio after their investments. Top Investors include Bharat Innovation Fund (1 company), CAC Capital (1 company) and Merisis (1 company).
