Twelve Labs

Twelve Labs Raises $100M Series B

Multimodal AI company building foundation models for video understanding and search with applications in security and media

Key Highlights

• Funding Amount: $100M Series B
• Valuation: $500M
• Headquarters: San Francisco, CA
• Founded: 2021
• Employees: 60-120
• Total Raised: $145M

About the Funding Round

Twelve Labs has successfully closed $100M Series B in funding, marking a significant milestone in the company's growth trajectory. This investment will enable the company to accelerate product development, expand market reach, and strengthen its position in the ai/ml sector.

Investor Syndicate

The round was backed by a prestigious group of investors:

• NVIDIA
• NEA
• Radical Ventures

This diverse group of investors brings not only capital but also strategic expertise and valuable networks that will help Twelve Labs achieve its ambitious goals.

Market Opportunity

The ai/ml market continues to experience rapid growth, driven by increasing demand for innovative solutions and digital transformation across industries. Twelve Labs's unique approach and proven technology position it well to capture significant market share in the coming years.

Company Background

Founded in 2021 and headquartered in San Francisco, CA, Twelve Labs has established itself as an innovative player in the ai/ml space. With 60-120 employees, the company has built a strong team focused on delivering exceptional value to customers.

Next Steps

With this new funding, Twelve Labs plans to:

• Accelerate product development and innovation
• Expand into new markets and geographies
• Grow the team across engineering, sales, and operations
• Strengthen partnerships with key industry players
• Scale infrastructure to support rapid growth

Industry Impact

This funding round represents a strong vote of confidence in Twelve Labs's vision and execution. The investment will help drive innovation in the ai/ml sector and create new opportunities for customers and partners.

For more information about Twelve Labs, visit their website or contact their press office.