Company Overview
- Headquarters
- 130 West Union, Pasadena CA
- Website
- idealab.com
- Phone
- (626) 585-6900
- Employees
- 88
- Founded in
- 1996
- Industry
- Internet
Financials & Stats
Revenue
$50B
Who is Idealab
Idealab, a technology incubator based in Pasadena, California, was founded by Bill Gross in 1996. The company has a team of 30 employees and generates an annual revenue of $50 million. Idealab's mission is to identify and cultivate innovative technology companies by providing a nurturing environment and a comprehensive suite of resources. Idealab focuses on developing companies across a diverse range of technology sectors, including internet, robotics, renewable energy, and automotive design. Their portfolio includes pioneering ventures such as CitySearch, a leading local online community directory, eToys, a prominent early e-commerce company, and Overture Services, which revolutionized online search with its paid search model. Idealab's approach involves testing numerous ideas simultaneously, leveraging a vast network of human and financial capital to accelerate the growth of promising ventures. Idealab distinguishes itself by offering a comprehensive ecosystem that goes beyond traditional seed funding. The company provides startups with access to office space, technological infrastructure, design services, marketing expertise, financial guidance, human resources support, legal counsel, and business development resources. This holistic approach aims to empower startups to rapidly develop and launch innovative products and services. Interested parties can learn more about Idealab and its portfolio companies by visiting their website at idealab.com.
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