What is Labelbox?
Founded in 2018 and headquartered in San Francisco, California, Labelbox operates as a central hub designed for humans to interface with artificial intelligence. Its platform is specifically tailored for computer vision machine learning applications, providing a collaborative environment for training data. By streamlining the data labeling process, Labelbox empowers organizations to build more accurate and efficient AI models, addressing a critical bottleneck in the development lifecycle of machine learning solutions.
How much funding has Labelbox raised?
Labelbox has raised a total of $188.9M across 5 funding rounds:
Angel/Seed
$3.9M
Series A
$10M
Series B
$25M
Series C
$40M
Series D
$110M
Angel/Seed (2018): $3.9M with participation from Kleiner Perkins
Series A (2019): $10M led by VCs
Series B (2020): $25M supported by Kleiner Perkins, First Round Capital, Gradient Ventures, and Andreessen Horowitz
Series C (2021): $40M featuring B Capital Group
Series D (2022): $110M backed by Softbank Vision Fund, Snowpoint Ventures, and Databricks Ventures
Key Investors in Labelbox
Softbank Vision Fund
SoftBank Vision Fund is a global investment fund that supports founders in building market-leading companies through its extensive ecosystem and capital resources. The fund focuses on the transformative power of technology, particularly in the AI sector, investing in hardware, infrastructure, and applications that drive innovation.
B Capital Group
B Capital is a venture capital firm that focuses on empowering entrepreneurs by investing in early and late-stage companies within the Technology, Healthcare, and Climate sectors. With over $8 billion in assets under management and a portfolio comprising more than 190 companies, B Capital aims to support founders throughout the company-building lifecycle.
Kleiner Perkins
Kleiner Perkins is a Menlo Park-based venture capital firm that raises dedicated funds and invests in early and growth-stage technology and life science companies, backing founders across consumer, enterprise, healthcare, and climate/hard tech with capital and operational support from seed through IPO or acquisition.
What's next for Labelbox?
The substantial enterprise-level backing and recent strategic investment position Labelbox for accelerated growth and market expansion. This infusion of capital is expected to fuel further development of its collaborative training data platform, enhancing its capabilities in computer vision and broader AI applications. Labelbox is poised to solidify its leadership in the AI data infrastructure space, likely focusing on scaling its operations, expanding its customer base, and continuing to innovate in the human-AI collaboration domain. The company's trajectory suggests a focus on becoming an indispensable tool for enterprises deploying AI at scale.
See full Labelbox company page
