SmartLab Learning

SmartLab Learning, based in Colorado, US, provides innovative project-based STEM education solutions for K-12 institutions, enhancing student engagement through hands-on learning and comprehensive curriculum offerings. SmartLab Learning specializes in developing and supplying STEM education solutions for K-12 educational institutions. Founded in 1987, the company is headquartered in Longmont, Colorado, US. The CEO is Ashley Mathis.

In December 2023, Exeter Street Capital Partners and others acquired a majority stake in SmartLab Learning through recapitalization. Financial terms were not disclosed. The company has been involved in 2 deals, with the most recent deal occurring on December 12, 2023. SmartLab Learning specializes in providing innovative, project-based STEM education solutions designed for K-12 educational institutions.

Their core offerings include the SmartLab Studio, which features hands-on learning environments and a comprehensive curriculum that aligns with national and state educational standards. The SmartLab model emphasizes student-led project-based learning, enabling learners to engage deeply with concepts in science, technology, engineering, arts, and mathematics (STEAM). The company serves a diverse customer base that includes public schools, private schools, and educational districts across the United States, integrating their programs into classrooms to cultivate a robust learning experience. SmartLab Learning’s products are marketed primarily in North America, where they address the growing need for career-connected education that prepares students for future challenges and opportunities in STEM fields.

SmartLab Learning generates revenue through a combination of direct sales and partnerships with educational institutions. The company's business model typically involves engaging schools to implement their comprehensive STEM programs, including the SmartLab Studio and associated digital platforms. Transactions are structured as B2B sales, where educational institutions purchase tailored packages that may include curriculum resources, training, and ongoing support. Pricing structures reflect the breadth of services offered, with different plans available to accommodate varying school sizes and needs.

The company’s flagship SmartLab solutions are central to its revenue stream, providing clients with customizable solutions aimed at enhancing student engagement and learning outcomes in STEM education. In December 2023, SmartLab Learning secured investment through a majority stake acquisition, which will be utilized to develop its platform and stimulate growth. The company plans to introduce new products that enhance its current offerings, and it aims to expand its market presence beyond North America into additional regions over the coming years.