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Key people at Start Smart Labs.
Start Smart Labs was founded in 2012 by Ellen Salisbury (Founder & Managing Director) and Gary Rubens (Founder).
Start Smart Labs incubates Enterprise SaaS startups, guiding them from concept to operational business. The firm provides strategic advice, coaching, and mentorship. It offers seed funding and discounted services for banking, legal, hosting, and office space. Engineering resources are also available through its Indian subsidiary.
Established in 2012, Start Smart Labs recognized nascent Enterprise SaaS ventures need deep operational support beyond capital. The firm was conceived to deliver hands-on collaboration, assisting management teams with product, market strategy, engineering, and international expansion. This approach fosters long-term commitment through a broad network of experts.
Start Smart Labs primarily supports early-stage Enterprise SaaS companies scaling their market presence. Its vision cultivates sustainable businesses through dedicated, customized engagement. By connecting startups with a robust network of investors, mentors, and partners, the firm aims to be a pivotal force in driving the growth of innovative SaaS enterprises.
Start Smart Labs was founded in 2012 by Ellen Salisbury (Founder & Managing Director) and Gary Rubens (Founder).
Start Smart Labs is an early-stage incubator and accelerator focused on helping enterprise and data-intensive SaaS startups move from concept to a running business through mentoring, seed funding and discounted operational services (banking, legal, hosting, office) while leveraging engineering resources in India for portfolio companies[1][3].[1]
High-Level Overview
Start Smart Labs is an incubator that works with enterprise SaaS and big‑data startups, offering hands‑on coaching, product and go‑to‑market support, seed capital and shared services to accelerate company formation and initial growth[1][2][3].[1] It serves early‑stage founders and startup teams building data‑intensive applications (Hadoop/Spark) and enterprise SaaS products, addressing the common early‑stage problems of limited capital, engineering capacity, and operational know‑how[2][1].[2]
Origin Story
Start Smart Labs was founded in 2012 as an incubator focused on enterprise SaaS and big‑data startups[1][2][3].[1] The organization operates from Palo Alto and advertises a close, personalized engagement model—providing mentoring across product planning, positioning, marketing, engineering management and international issues—and runs a subsidiary in Chennai, India to supply engineering resources to portfolio companies[1].[1]
Core Differentiators
Role in the Broader Tech Landscape
Start Smart Labs rides the trends of enterprise SaaS adoption and the commercialization of big‑data technologies by helping technically complex startups convert prototypes into commercially viable products[2][1].[2] Its timing (foundation during the 2010s big‑data and SaaS boom) aligns with sustained market demand for data processing, analytics and cloud SaaS solutions, and its India engineering link helps address talent and cost pressures that many early‑stage startups face[1][2].[1]
Quick Take & Future Outlook
Expect Start Smart Labs to continue focusing on early, technical enterprise startups where hands‑on incubation and cheaper engineering capacity deliver the most leverage; success will depend on its ability to demonstrate exits or scale outcomes from portfolio companies and to evolve services as cloud‑native and AI‑first product patterns dominate enterprise buying[3][1].[3] If it builds a track record of follow‑on funding and exits, its differentiated mix of mentorship plus offshore engineering could make it a repeatable platform for early enterprise founders seeking cost‑efficient productization and initial traction[1][3].[1]
Key people at Start Smart Labs.
Start Smart Labs has 2 tracked investments across 1 company. The latest tracked deal is $5.0M Series A in Falkonry in June 2018.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jun 1, 2018 | Falkonry | $5.0M Series A | TED Tatsumi | Atomico, AT ONE Ventures, Basis SET Ventures, Future Ventures, Kleiner Perkins, Mayfield, Mcwin Capital Partners, Menlo Ventures, Next47, Norwest Venture Partners, Pelion Venture Partners, Polaris Partners, SOSV, South Park Commons, Dafina Toncheva, Steve Krausz, Zetta Venture Partners, Arash Ferdowsi, Bill Gates, Drew Houston, Kyle Vogt, Pawan Deshpande, Richard Branson, Tyler Willis, RAJ Ratnakar, Polaris Partners |
| Feb 24, 2017 | Falkonry | $5.3M Other Equity | — | Polaris Partners, Mark Gorenberg |