AI/ML

Twelve Labs

Twelve Labs raises $103M Series B at $300M valuation

$103M
Total Raised
Series B
Latest Round
2021
Founded
80+
Employees
San Francisco, CA
1 min read

Quick Facts

Valuation
$300M
Latest Round Size
$103M
Latest Round Date
July 2024

Twelve Labs: Series B Funding Round

Twelve Labs has successfully raised $103M in Series B funding, reaching a valuation of $300M.

Company Overview

Video understanding AI platform

Funding Details

The Series B round was led by NEA, with participation from NVIDIA.

Company Information

  • Headquarters: San Francisco, CA
  • Founded: 2021
  • Employees: 80+
  • Category: AI/ML

Investment

Twelve Labs plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • NEA: Verified investor in Series B
  • NVIDIA: Verified investor in Series B

Key Investors

NEA
Lead Investor
Verified investor in Series B
NVIDIA
Investor
Verified investor in Series B

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources