# Labster funding: rounds and investors > Labster has raised $78M across 3 rounds since 2017. Investors include Balderton Capital, Northzone and Educapital. Every round with its source. Source: https://millionrounds.com/company/labster (Millionrounds; every figure on the page links to its filing or article) Denmark · [Series C startup](https://millionrounds.com/companies) # 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 summary Updated 26 Oct 2026 **$78M** raised across 3 rounds since 2017, from 3 sources **$10M** Series A **$21M** Series B **$47M** Series C - **Latest round:** Series C, $47M Apr 2022 - **Step-up i:** 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. 2018 2019 2020 2021 2022 **$10M** Series A **$21M** Series B **$47M** Series C - **First round:** Series A, $10M - **Biggest round:** $47M - **Usual gap between rounds:** 2.9 years [**Labster** Edtech 1 / 13 Their pitch deck **Labster's pitch deck, 13 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/labster) ## The rounds - **Apr 2022** Series C **$47M** *2 new* *3 returning* [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Balderton Capital](https://millionrounds.com/fund/balderton-capital) [Northzone](https://millionrounds.com/fund/northzone) [AENU](https://millionrounds.com/fund/aenu) [Educapital](https://millionrounds.com/fund/educapital) Source recorded - **Apr 2019** Series B **$21M** *7 new* *1 returning* [Owl Ventures](https://millionrounds.com/fund/owl-ventures) Lead [Balderton Capital](https://millionrounds.com/fund/balderton-capital) [Northzone](https://millionrounds.com/fund/northzone) [Swisscom Ventures](https://millionrounds.com/fund/swisscom-ventures) [Educapital](https://millionrounds.com/fund/educapital) [David Helgason](https://millionrounds.com/fund/david-helgason) [Nordic Makers](https://millionrounds.com/fund/nordic-makers) [Entangled group](https://millionrounds.com/fund/entangled-group) Reported by TechCrunch - **Sept 2017** Series A **$10M** *2 new* [David Helgason](https://millionrounds.com/fund/david-helgason) Balderton Capital/ Northzone Reported by TechCrunch ## Founders and team From Labster's own website: 5 on the team. - **Phil Salopek** Interim Chief Executive Officer - **Christina Fleming** Chief Revenue Officer - **Arantxa Lasa** VP Product - **Fran Moreno** VP Engineering - **Morten Andersen** VP 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. **Series A** 2017 **Series B** 2019 **Series C** 2022 [Balderton Capital](https://millionrounds.com/fund/balderton-capital) [Northzone](https://millionrounds.com/fund/northzone) [Educapital](https://millionrounds.com/fund/educapital) [David Helgason](https://millionrounds.com/fund/david-helgason) [Owl Ventures](https://millionrounds.com/fund/owl-ventures) L [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Swisscom Ventures](https://millionrounds.com/fund/swisscom-ventures) [AENU](https://millionrounds.com/fund/aenu) [Nordic Makers](https://millionrounds.com/fund/nordic-makers) [Entangled group](https://millionrounds.com/fund/entangled-group) ## Everyone who backed them [Balderton Capital](https://millionrounds.com/fund/balderton-capital) VC firm **2** rounds [Northzone](https://millionrounds.com/fund/northzone) VC firm **2** rounds [Educapital](https://millionrounds.com/fund/educapital) VC firm **2** rounds [David Helgason](https://millionrounds.com/fund/david-helgason) Angel **2** rounds [Owl Ventures](https://millionrounds.com/fund/owl-ventures) VC firm **1** round, led 1 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) VC firm **1** round [Swisscom Ventures](https://millionrounds.com/fund/swisscom-ventures) Corporate VC **1** round [AENU](https://millionrounds.com/fund/aenu) VC firm **1** round [Nordic Makers](https://millionrounds.com/fund/nordic-makers) VC firm **1** round [Entangled group](https://millionrounds.com/fund/entangled-group) VC firm **1** round Balderton Capital/ Northzone no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=labster). ## 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 Ventures](https://millionrounds.com/fund/owl-ventures-3) VC firm Per its own site [2xN](https://millionrounds.com/fund/2xn) VC firm Per 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. [**Intuitivo** $58K · Oct 2026](https://millionrounds.com/company/intuitivo)[**Stride** $16M · Oct 2026](https://millionrounds.com/company/stride)[**Coding Giants** $16M · Oct 2026](https://millionrounds.com/company/coding-giants)[**Mesa School of Business** $16M · Oct 2026](https://millionrounds.com/company/mesa-school-of-business)[**sAInaptic** $3.6M · Oct 2026](https://millionrounds.com/company/sainaptic)[**LearnUpon** $51M · Oct 2026](https://millionrounds.com/company/learnupon) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app