Twelve Labs
Twelve Labs Raises $100M Series B
Quick Facts
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.
Key Investors
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