Backstory
Custom Read More Read Less Using jQuery - - Demo :: www.FreakyJolly.com
LAB Ventures was born in 2017 out of The LAB Miami, the first co-working space dedicated to tech entrepreneurs in South Florida. Since its launch in 2012, The LAB quickly became the focal point for the region’s emerging technology ecosystem, bringing together entrepreneurs, ideas and capital.
After five years, the natural evolution for a co-working space would be to multiply its space and expand into different locations. However, The LAB and its founders were more interested in building and supporting early-stage technology startups, and so instead decided to launch the LAB Ventures Studio. The studio creates new companies from scratch and guides them through ideation, MVP development, venture funding, scaling, and eventually exit.
The know-how developed while building successful new businesses from scratch gave the LAB Ventures team valuable insights which could be applied in screening other early-stage opportunities. At the same time, LAB Ventures began to receive a growing number of inbound requests from early-stage startups looking for strategic advice and financial support. The original Studio model did not contemplate minority investment in third party startups, but the opportunity was clear.
In keeping with the studio’s mission of connecting startups and large corporations for the benefit of both, LAB Ventures launched a successful tech conference called The Future of Real Estate (since sold and re-branded as
Blueprint), which opened their eyes to the massive potential of the PropTech segment and built the foundation for a strong network of PropTech startups, investors, and users.
The know-how developed while building successful new businesses from scratch gave the LAB Ventures team valuable insights which could be applied in screening other early-stage opportunities. At the same time, LAB Ventures began to receive a growing number of inbound requests from early-stage PropTech startups looking for strategic advice and financial support. The original Studio model did not contemplate minority investment in third party startups, but the opportunity was clear.
