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BIG Labs operates as a startup studio, dedicated to researching significant technological challenges, developing and validating unique solutions, and subsequently launching these validated concepts into independent, high-growth companies. It employs a methodical approach to innovation, identifying large market opportunities and fostering the creation of new enterprises that address critical needs within the technology sector. The studio aims to establish sustainable technological advantages for its portfolio ventures, providing a framework for robust product development and market integration.
The studio was founded in October 2017 by Jyoti Bansal, an accomplished entrepreneur known for his prior success with AppDynamics. Bansal's motivation stemmed from his enduring passion for tackling complex technological problems and building impactful businesses. His experience in leading AppDynamics to become an industry leader provided the foundational insight and drive to replicate this success through a structured venture-building model, fostering parallel entrepreneurship.
BIG Labs primarily focuses on creating products that cater to the approximately 20 million software professionals globally, including developers, IT operations teams, and data scientists. The overarching vision is to nurture and scale new businesses that can evolve into billion-dollar companies, driven by the principle of solving substantial problems that Bansal is personally invested in. This forward-looking strategy emphasizes continuous innovation and the development of solutions that enhance productivity and efficiency for the professional software community.
BIG Labs has 3 tracked investments across 2 companies. The latest tracked deal is $60.0M Series B in Traceable in May 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| May 1, 2022 | Traceable | $60.0M Series B | IVP | AIX Ventures, Citi Ventures, Essence VC, Redpoint Ventures, Unusual Ventures, Greg Brockman, Matt Carbonara, Tiger Global |
| Jul 14, 2020 | Traceable | $20.0M Series A | BIG Labs, Jyoti Bansal | — |
| Apr 1, 2019 | Harness | $60.0M Series B | Adam Ghobarah, Steve Harrick, Dominic Phillips | Menlo Ventures, Sequoia Capital, Anthology Fund, Unusual Ventures |