SAM Labs

Provides STEAM coding tools for education

London, England, United Kingdom

About SAM Labs

SAM Labs focuses on enhancing education through STEAM (Science, Technology, Engineering, Arts, and Mathematics) coding solutions for young students, specifically those in kindergarten through 5th grade. The company provides a variety of tools, including wireless blocks that students can use to create interactive projects, ready-made lesson plans for teachers, and an online platform called SAM Studio. This platform features a drag-and-drop coding environment that simplifies the coding process, making it accessible for young learners. What sets SAM Labs apart from its competitors is its comprehensive approach that combines physical kits with an online learning platform and dedicated support for educators. This ensures that teachers have the resources they need to effectively integrate coding into their curriculum. The goal of SAM Labs is to foster essential skills such as creativity, problem-solving, and collaboration in students, preparing them for the demands of the 21st century.

London, United KingdomHeadquarters
2014Year Founded
$19.6MTotal Funding
SERIES_ACompany Stage
Consumer Software, EducationIndustries
11-50Employees

Benefits

Health Insurance
Company Equity
Professional Development Budget

Risks

Increased competition from similar edtech companies may impact SAM Labs' market share.
Rapid technological advancements require continuous R&D investment to avoid obsolescence.
Potential data privacy concerns with Bluetooth devices could lead to regulatory scrutiny.

Differentiation

SAM Labs offers wireless electronic blocks with unique personalities for interactive learning.
The SAM Studio platform provides a drag-and-drop coding environment for young learners.
Comprehensive educator support and ready-made lesson plans enhance classroom integration.

Upsides

Growing demand for digital education tools boosts SAM Labs' market potential.
Emphasis on STEM education worldwide expands SAM Labs' market reach.
Hybrid learning models align with SAM Labs' versatile product offerings.

Funding

Total raised$19.58 M
Latest valuation$44.50 M
StageSERIES_A
$9
$44.50 M
SEED
12/31/2015
$4
$22.50 M