What is LabStats?
Headquartered in Idaho Falls, Idaho, LabStats operates as a critical software development entity focused on the higher education vertical. The company provides sophisticated tracking solutions that enable academic institutions to monitor student engagement with hardware resources in computer labs. Beyond mere monitoring, the platform offers real-time utility by helping students identify available computer stations, thereby optimizing campus infrastructure utilization. This dual-purpose functionality positions LabStats as an essential tool for university administrators seeking to maximize the return on investment for their physical computing assets while simultaneously improving the student experience through data-driven accessibility.
How much funding has LabStats raised?
LabStats has raised a total of $299K across 2 funding rounds:
Debt
$150K
Debt
$149K
Debt (2020): $150K with participation from PPP
Debt (2021): $149K led by PPP
Key Investors in LabStats
PPP
Public-Private Partnership
What's next for LabStats?
With the infusion of this recent capital, LabStats is well-positioned to scale its software architecture and expand its footprint across global academic markets. The company's focus on late-stage growth suggests a strategic pivot toward enhancing its predictive analytics capabilities and integrating more deeply with existing campus management ecosystems. As higher education institutions continue to prioritize digital transformation and efficient resource allocation, LabStats is poised to capitalize on the increasing demand for granular, real-time data regarding physical hardware usage. Future initiatives will likely center on product diversification and the strengthening of its enterprise-grade support infrastructure to maintain its competitive edge in the ed-tech landscape.
See full LabStats company page
