StartLabs

StartLabs is an early-stage investment fund based in the United States, established in 2013, that focuses on startups from the Western Balkans and Southeast Europe. The firm offers up to $50,000 in seed funding and operates a six-month mentor-led go-to-market program designed to assist entrepreneurs in developing their ideas into successful businesses. StartLabs emphasizes the importance of mentorship, providing access to experienced advisors from Silicon Valley who guide startups in refining their concepts, executing plans, and gaining market traction. In addition to funding and mentorship, StartLabs offers office space in both Belgrade and San Francisco, as well as support in areas such as incorporation, legal, and accounting services. The firm also facilitates networking opportunities with investors and industry professionals, helping startups build connections that are crucial for growth and future funding.

Voja Lalich

General Partner

David Schoch

General Partner

16 past transactions

Agremo

Seed Round in 2018
Agremo Ltd. is a company based in Belgrade, Serbia, that offers a cloud-based software platform designed for drone operators, agronomists, and crop growers. Founded in 2015, the platform utilizes computer vision and machine learning technologies to analyze aerial imagery, providing valuable crop intelligence. Its features include generating 2D maps and reports, as well as performing various analyses such as plant counting, health monitoring, stress assessment, and pest and disease evaluation. This comprehensive approach helps agribusinesses and growers make informed decisions regarding field management and the overall health of their crops.

Insihgtful

Seed Round in 2016
Insightful, based in Belgrade, Serbia, specializes in developing automatic employee time tracking software designed to enhance organizational productivity. Founded in 2016, the company offers tools that enable users to monitor employee presence and activities, identify less productive team members, and eliminate inefficiencies in workflow. Insightful's software is particularly beneficial for managing remote teams, as it provides detailed insights into employee performance and behavior. This allows organizations to streamline their processes, optimize team dynamics, and generate comprehensive reports on productivity. The platform is accessible in both cloud and on-premise options, making it a versatile solution for businesses seeking to improve efficiency and drive performance at scale.

TalkBook

Seed Round in 2016
TalkBook enables presenters to turn every speaking engagement into a source of valuable contacts and business opportunities. We help presenters easily collect contact information from their live audience while providing them with additional value in exchange - e.g. discounts, consulting sessions, free e-books and other bonuses. TalkBook creates value for everybody: presenters are increasing the ROI of their presentations by generating more leads for their core business and audience benefits from having a chance to easily connect with the presenter and get additional resources.

Fragrance By Me

Seed Round in 2016
Fragrance By Me is a Serbian company that operates an online platform enabling users to create their own custom fragrances. The innovative service allows consumers to design their perfumes by mixing various scents and personalizing their bottles. This user-friendly web interface invites customers to engage in the creative process of fragrance design, resulting in a unique and high-quality perfume tailored to individual preferences. Through this concept, Fragrance By Me offers an exciting opportunity for individuals to express their personal style and creativity in the realm of fragrance.

NootBot

Seed Round in 2015
Messenger chatbot for nootropics (congitive enhancers). Talk and suggest right cognitive enhancers.

WhoAPI

Seed Round in 2015
WhoAPI Inc. is a company based in Lič, Croatia, that specializes in providing an API for extensive and automated requests of domain information. Founded in 2011, WhoAPI offers services including mass domain lookups, domain availability checks, and detailed reports on domain ownership, server uptime, and blacklist status. The API supports data formats such as XML and JSON, enabling users to access structured WHOIS data, DNS checks, and other valuable metrics efficiently. With tools like domain manager, monitoring services, and website checkers, WhoAPI caters to users needing comprehensive domain data on a large scale.

Loyalis

Seed Round in 2015
Loyalis Technologies, Inc. is a company based in Belgrade, Serbia, that specializes in providing loyalty programs for the e-commerce sector. The company offers a platform called Loyalis, which aims to recognize and reward customers for their loyalty through various actions such as repeat purchases, social media sharing, referrals, and product reviews. Participants in the program earn discount chips as incentives. In addition to its loyalty program, Loyalis also provides a plug-in that delivers actionable customer insights and facilitates surveys to gather feedback from users. By addressing the challenges of customer retention and value maximization in the e-commerce industry, Loyalis positions itself as a vital player in enhancing customer engagement and satisfaction.

Kidster

Seed Round in 2015
Kidster Co. is an online marketplace based in Overton, Nebraska, founded in 2015. The platform is designed for parents, allowing them to buy and sell both pre-owned and new children's products easily. The mobile application facilitates connections among parents, enabling them to exchange items that their children have outgrown while also providing access to affordable new products. By promoting the resale of children's goods, Kidster aims to create value for families and support sustainable consumption practices.

MangoCoinz

Seed Round in 2015
MangoCoinz is a cryptocurrency. Bitcoin for runners. If you don’t know what Bitcoin or a cryptocurrency is, think of this as mining real life gold. Everything applies, except this is digital and you don’t have to go around with a mining pick in caves, but simply run. You are rewarded digital gold (MangoCoinz) which can be sold for USD on cryptocurrency exchanges where people buy them from you. In the future, there will be online fitness gear shops that accept MangoCoinz as a payment method.

Swapp

Seed Round in 2015
Swapp is an online platform that facilitates the trading of unwanted items among users. The service is accessible through both a website and a mobile application, allowing individuals to easily take pictures of items they no longer need, set a price, and provide descriptions. Users can then browse for items they wish to acquire in exchange, enabling a straightforward swapping process. By promoting the exchange of goods, Swapp aims to reduce waste and encourage a more sustainable approach to consumption.

CarLock

Seed Round in 2014
CarLock is a car tracking application developed by Protectus Technologies that allows users to monitor the safety and location of their vehicles from anywhere in the world. The platform utilizes cloud computing and GPS satellite tracking to provide real-time updates on vehicle conditions. It alerts users when their car is moved, tracks driving behavior such as harsh acceleration and hard braking, and offers monthly safety scores. Additionally, CarLock monitors the health of the vehicle, providing notifications if the car battery is low or experiencing excessive drain. This comprehensive monitoring system enhances vehicle maintenance and ensures users remain informed about their private vehicles' status.

Loyalis

Angel Round in 2014
Loyalis Technologies, Inc. is a company based in Belgrade, Serbia, that specializes in providing loyalty programs for the e-commerce sector. The company offers a platform called Loyalis, which aims to recognize and reward customers for their loyalty through various actions such as repeat purchases, social media sharing, referrals, and product reviews. Participants in the program earn discount chips as incentives. In addition to its loyalty program, Loyalis also provides a plug-in that delivers actionable customer insights and facilitates surveys to gather feedback from users. By addressing the challenges of customer retention and value maximization in the e-commerce industry, Loyalis positions itself as a vital player in enhancing customer engagement and satisfaction.

CarLock

Pre Seed Round in 2014
CarLock is a car tracking application developed by Protectus Technologies that allows users to monitor the safety and location of their vehicles from anywhere in the world. The platform utilizes cloud computing and GPS satellite tracking to provide real-time updates on vehicle conditions. It alerts users when their car is moved, tracks driving behavior such as harsh acceleration and hard braking, and offers monthly safety scores. Additionally, CarLock monitors the health of the vehicle, providing notifications if the car battery is low or experiencing excessive drain. This comprehensive monitoring system enhances vehicle maintenance and ensures users remain informed about their private vehicles' status.

Business Exchange

Seed Round in 2013
Find, List & Engage Businesses across Kenya

Endorsewise

Seed Round in 2013
Endorsewise is a referral-based lead-generation platform designed for B2B companies seeking to enhance customer acquisition and build a solid reputation. The platform offers a structured process that facilitates the collection of comments, referrals, and positive reviews from existing customers, thereby fostering quality relationships. By enabling businesses to share testimonials across social networks, Endorsewise enhances their online visibility and SEO ratings, contributing to broader recognition in the market. This streamlined approach not only helps businesses grow but also maximizes their potential by leveraging customer feedback to attract new leads effectively.

LegalTrek

Seed Round in 2013
LegalTrek Inc. develops a comprehensive software solution for small to medium-sized law firms, focusing on legal practice management through a user-friendly, SaaS platform. Founded in 2013 and based in Boston, Massachusetts, LegalTrek's software assists firms in managing contacts, projects, time entries, fee structures, invoices, and schedules, all while ensuring data security and providing robust reporting capabilities. The platform allows users to oversee project success, enhance profitability through accurate billing, and generate professionally formatted invoices quickly. LegalTrek is recognized for its responsive customer service, addressing inquiries within minutes. Overall, the company aims to streamline legal practice operations, making it easier for law firms to manage their business effectively.
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