ONE of Ireland’s most exciting tech scale-ups, Stablelab, has been announced as sponsor of the Stablelab Stakes at the Dublin Horse Show for the next three years.

Founded in 2013, Sligo-based Stablelab quickly became a recognised brand in the equine veterinary industry. In just its fourth year of business, in 2017, it generated €3 million in sales and is on course to hit revenues in excess of €10 million by 2020. It is currently used in 18 countries with its primary market in America. Stablelab’s Irish-made handheld devices are used by horse vets to diagnose infections and determine if antibiotic treatment is working or not.

With his veterinary enterprise, Dr Heinrich Anhold is following in his parents’ footsteps who are also equine entrepreneurs: his German father and Irish mother set up Horse Holiday Farm in Grange, Co Sligo, a successful trail-riding business that also targets overseas markets.

EXCITING BUSINESS

Dr Heinrich Anhold, Stablelab founder and CEO, said: “In 2013 we launched our product at the Dublin Horse Show, so we are delighted to be back within five years as a sponsor of an international class. Stablelab has been on an exciting journey over the past few years and we have ambitious plans for growth during the lifetime of this sponsorship.”

“Stablelab is one of the most exciting young businesses in Ireland right now, equine or otherwise,” said Michael Duffy, Chief Executive of the RDS. “It has rapidly become a global leader in its area. Heinrich and his team are really passionate about what they do and we are really very pleased to have Stablelab as sponsors for the next three years for the Stablelab Stakes.