SRT Labs
SRT Labs is a technology company.
Financial History
SRT Labs has raised $1.0M across 1 funding round.
Frequently Asked Questions
How much funding has SRT Labs raised?
SRT Labs has raised $1.0M in total across 1 funding round.
SRT Labs is a technology company.
SRT Labs has raised $1.0M across 1 funding round.
SRT Labs has raised $1.0M in total across 1 funding round.
SRT Labs is a technology company specializing in intelligent software platforms that unify siloed maintenance systems, legacy infrastructure, robots, IoT sensors, and enterprise tools into a single data management ecosystem, primarily through its patented M1 Platform.[1][2][4][7] The company serves the US Department of Defense, federal agencies, IoT manufacturers, and sectors like food production, smart cities, healthcare, warehouses, and facilities management, solving the problem of interoperability across disparate hardware and software from different vendors to enable real-time monitoring, analytics, automation, predictive maintenance, and AI/ML integration.[2][4][5][6] With products in market since its founding, around 12 employees, under $5M revenue, and deployments scaling from single buildings to city-wide operations, SRT Labs demonstrates steady growth via government contracts (e.g., Navy SBIR) and private sector pilots transitioning to permanent installs.[1][4][5]
Founded in September 2013 by Dr. Greg Scott in Springfield, VA, SRT Labs emerged from his expertise in space robotics and government R&D.[1][3] Scott launched Space Shuttles at NASA's Mission Control, earned a PhD in Space Robotics focusing on planetary locomotion, and managed $10M+ in robotics programs at the US Naval Research Laboratory for NASA, DARPA, and the Navy—experiences that inspired the company's goal of integrating service robots and commercial IoT from various manufacturers into one ecosystem.[1][3] Key early team members include Vishal, a software architect with MSc in Computer Science who led M1's development after research in cloud robotics, and Lauren Jerome, Chief Product Officer with a BS in Mechanical Engineering and executive roles in engineering and product management, who drives deployment and advocates for women in tech.[1][3] Pivotal traction came from government contracts and SBIR awards, evolving from robotics R&D to broad facility automation.[4][5]
SRT Labs rides the IoT/IIoT convergence and smart infrastructure wave, addressing fragmentation in aging facilities amid rising demands for automation in defense, urban environments, and industrial ops—critical as cities and bases seek neighborhood-scale climate analytics and predictive maintenance to cut costs and boost efficiency.[2][4][5] Timing aligns with post-2020 IoT proliferation, AI adoption, and government pushes for modernized infrastructure (e.g., Navy SBIR transitions), where siloed legacy systems hinder scalability; SRT's agnostic approach leverages market forces like sensor cost drops and standards growth (e.g., data protocols).[1][4][7] It influences the ecosystem by enabling multi-vendor "smart" retrofits, fostering high-functioning campuses/smart cities, and bridging robotics with enterprise software for sectors like healthcare and warehouses.[2][6]
SRT Labs is poised to expand M1 deployments from pilots to enterprise-scale, targeting permanent DoD integrations, smart city contracts, and commercial verticals like warehousing amid IoT growth and AI infrastructure needs.[4][5] Trends like edge computing, 5G-enabled sensors, and sustainability mandates will amplify demand for its unification layer, potentially scaling revenue via partnerships and SBIR follow-ons. Its influence may evolve from niche integrator to key enabler in defense-industrial automation, powering resilient, data-driven ecosystems that turn fragmented tech into strategic assets—echoing its founding vision of connected potential.[3][6]
SRT Labs has raised $1.0M in total across 1 funding round.
SRT Labs's investors include Defy Partners, Virginia Venture Partners.
SRT Labs has raised $1.0M across 1 funding round. Most recently, it raised $1.0M Seed in March 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2024 | $1.0M Seed | Defy Partners, Virginia Venture Partners |