Owl Labs

Owl Labs

Video conferencing solutions for remote work

About Owl Labs

Simplify's Rating
Why Owl Labs is rated
C+
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Consumer Software

Enterprise Software

Consumer Goods

Company Size

51-200

Company Stage

Series C

Total Funding

$46M

Headquarters

Somerville, Massachusetts

Founded

2014

Overview

Owl Labs provides video conferencing solutions to enhance remote and hybrid work environments, with their main product being the Meeting Owl, a smart camera that offers a 360-degree view of meeting spaces. This device automatically focuses on the speaker, making meetings more engaging for remote participants. Owl Labs distinguishes itself from competitors through its user-friendly design that requires minimal setup, appealing to organizations with limited IT resources. The company's goal is to improve communication and collaboration in hybrid work settings.

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Simplify's Take

What believers are saying

  • Growing demand for AI-driven analytics enhances Owl Labs' meeting productivity solutions.
  • Integration with Microsoft Teams boosts Owl Labs' product appeal in hybrid work environments.
  • Owl Labs' new Owl Bar expands their AI-driven, multi-camera ecosystem for hybrid meetings.

What critics are saying

  • Increased competition from flexible workspace providers may reduce demand for Owl Labs' solutions.
  • Pressure on employees to return to offices could decrease demand for remote work solutions.
  • Owl Labs' reliance on Microsoft Teams integration poses risks if Microsoft's strategy changes.

What makes Owl Labs unique

  • Owl Labs offers a 360-degree smart camera for immersive video conferencing experiences.
  • Their products automatically focus on speakers, enhancing meeting interactivity and engagement.
  • Owl Labs' solutions require minimal setup, appealing to organizations with limited IT resources.

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Funding

Total Funding

$46M

Below

Industry Average

Funded Over

4 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Below Average

Industry standards

$50M
$40M
Figma
$50M
Medium
$62M
SeatGeek
$100M
Oura

Benefits

Option to Work Remotely

Flexible Schedule

Free Health Insurance

Unlimited Vacation

Celebrate Inclusivity

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

0%

2 year growth

1%
Business Wire
Feb 13th, 2024
Deskpass And Industrious-Owned Breather Announce Merger To Expand Global Network Of Flexible Workspaces

CHICAGO--(BUSINESS WIRE)--Deskpass, one of the largest networks of on-demand, flexible workspaces, today announced plans to merge with Breather, a subsidiary of Industrious, the highest-rated flexible workplace company in the world. The merger expands Deskpass’s workplace solutions and network, supporting the shift toward hybrid work and bridging the gap between companies that prefer their employees to return to the office and employees who prefer the flexibility of working from home. Instead, employees can now have greater access to convenient workspaces, reducing the time they spend working from home and easing employer concerns. "Over the past two years, Deskpass and Breather have both experienced a more than tenfold surge in bookings, revolutionizing how thousands of companies approach workspace flexibility," said Sam Rosen, CEO of Deskpass. "Collectively the Deskpass and Breather brands have supported over 500,000 flexible workspace reservations. As we operate Breather in partnership with Industrious, we're poised to further accelerate this growth, bringing innovative, on-demand workspace solutions to the forefront of real estate strategy."

Owl Labs
Feb 8th, 2024
Reinventing Hybrid Collaboration: The Latest from Owl Labs' Product Webinar

In 2017 Owl Labs introduced the world to the original Meeting Owl, in 2019 Owl Labs built upon those learnings and unveiled the Meeting Owl Pro.

Owl Labs
Jan 30th, 2024
Everything you need to know about video conferencing with Microsoft Teams

Owl Labs' Meeting Owl 3 and smart suite of products seamlessly integrates with Microsoft Teams, making it easy to make sure all meeting participants can be clearly seen and heard, no matter where they're working from.

Going Concern
Oct 16th, 2023
Flexibility Is the Name of the Game For Hybrid Workers This Year

Videoconference tech company Owl Labs has released its 2023 State of Hybrid Work report and boy is there a lot to cover.

Owl Labs
Sep 29th, 2023
2023 State of Hybrid Work is here

Today, Owl Labs is excited to announce the release of its seventh annual State of Hybrid Work Report, previously known as the State of Remote Work.

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