TwelveLabs Analysis: $107M Raised
What is TwelveLabs?
TwelveLabs specializes in video understanding through advanced AI technology. Their unique approach combines temporal and spatial reasoning, enabling comprehensive insights from video content. This capability transforms how organizations utilize video, enhancing workflows and decision-making processes.
Employees
11-50
Founded
2021
Industry
AI/ML, Data Analytics
Product Features & Capabilities
- Video search for natural language queries
- Video analysis for deep insights and automation
- Video embedding for seamless integration
- Customizable AI models for specific domains
- Scalable infrastructure for large video libraries.
Use Cases
Search for specific scenes in videos using natural language; Analyze video content for insights and trends; Automate workflows based on video data; Embed video intelligence into applications; Customize AI models for industry-specific needs.
How much TwelveLabs raised
Pre-Seed Round - $120,000
January 25, 2021Lead Investor: Techstars
Seed Round - $5 million
March 16, 2022Lead Investor: Index Ventures
Seed Round - $12 million
December 5, 2022Lead Investor: Radical Ventures
Seed Round - $10 million
October 24, 2023Lead Investor: Not publicly disclosed
Series A - $50 million
June 4, 2024Lead Investor: New Enterprise Associates, NVentures
Series A - $30 million
December 12, 2024Lead Investor: Databricks, SK Telecom, Snowflake Ventures, HubSpot Ventures, In-Q-Tel
Other Considerations
Partnered with NVIDIA for accelerated computing; Models available on Amazon Bedrock; Recognized for surpassing benchmarks from major cloud providers.
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Financial Overview
$107MTotal Raised
Pre-Seed Round$120,000
January 25, 2021
Investors: Techstars
Seed Round$5 million
March 16, 2022
Investors: Index Ventures
Seed Round$12 million
December 5, 2022
Investors: Radical Ventures
Seed Round$10 million
October 24, 2023
Investors: Not publicly disclosed
Series A$50 million
June 4, 2024
Investors: New Enterprise Associates, NVentures
Series A$30 million
December 12, 2024
Investors: Databricks, SK Telecom, Snowflake Ventures, HubSpot Ventures, In-Q-Tel
