Denmark · Series C startup

Who invested in Labster

3 rounds we have observed, with the 11 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Edtech

Funding summaryUpdated 26 Oct 2026

$78Mraised across 3 rounds since 2017, from 3 sources

$10MSeries A$21MSeries B$47MSeries C
Latest round
Series C, $47MApr 2022
Step-upi
2.2×
Investors
11 (1 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20182019202020212022
$10MSeries A$21MSeries B$47MSeries C
First round
Series A, $10M
Sept 2017
Biggest round
$47M
Series C · Apr 2022
Usual gap between rounds
2.9 years
the median of 2
LabsterEdtech1 / 13Their pitch deckLabster's pitch deck, 13 slidesEach slide read for what it argues, against the decks that raised at the same stage.

The rounds

  1. Apr 2022
    Series C$47M2 new3 returning

    Source recorded

  2. Apr 2019
  3. Sept 2017
    Series A$10M2 new

    Reported by TechCrunch

Founders and team

From Labster's own website: 5 on the team.

  • Phil SalopekInterim Chief Executive Officer
  • Christina FlemingChief Revenue Officer
  • Arantxa LasaVP Product
  • Fran MorenoVP Engineering
  • Morten AndersenVP Business Development

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

Balderton CapitalVC firm2rounds
NorthzoneVC firm2rounds
EducapitalVC firm2rounds
David HelgasonAngel2rounds
Owl VenturesVC firm1round, led 1
Andreessen HorowitzVC firm1round
Swisscom VenturesCorporate VC1round
AENUVC firm1round
Nordic MakersVC firm1round
Entangled groupVC firm1round
Balderton Capital/ Northzoneno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 2 firms list Labster as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

Owl VenturesVC firmPer its own site
2xNVC firmPer its own site

Quick answers about Labster

Who invested in Labster?

Labster's investors include Balderton Capital, Northzone, Educapital, David Helgason and Owl Ventures, and 6 more on record.

How much has Labster raised?

Labster has raised $78M across 3 rounds since 2017.

When did Labster last raise?

Labster's most recent round was a Series C of $47M in Apr 2022.

What was Labster's biggest round?

Its most recent round, $47M in Apr 2022, is also its largest on record.

Who backed Labster first?

Labster's first round on record, in Sept 2017, was backed by David Helgason and Balderton Capital/ Northzone.

What stage is Labster at?

Labster's latest named round is a Series C, in Apr 2022.

Where is Labster based?

Labster is based in Denmark.

Who led Labster's rounds?

Owl Ventures led the Series B in 2019.

Companies like Labster

In the same sector, and raised in the last eighteen months.

Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.