Fundz

Twelve Labs Lands $12M For Ai That Understands The Context Of Videos

PRIVATEDec 05, 2022

Amount Raised

$12 Million

Round Type

Funding Round

San FranciscoInformation TechnologySoftwareVideoData And AnalyticsAnalytics

Investors

Spring VenturesIndex VenturesRadical Ventures

Description

To Jae Lee, a data scientist by training, it never made sense that video — which has become an enormous part of our lives, what with the rise of platforms like TikTok, Vimeo and YouTube — was difficult to search across due to the technical barriers posed by context understanding. Searching the titles, descriptions and tags of videos was always easy enough, requiring no more than a basic algorithm. But searching within videos for specific moments and scenes was long beyond the capabilities of tech, particularly if those moments and scenes weren’t labeled in an obvious way.

Quick answer

Twelve Labs raised $12 Million in a Funding Round round, dated December 5, 2022. Investors: Spring Ventures, Index Ventures and Radical Ventures. Twelve Labs is based in San Francisco, California, United States.

How much did Twelve Labs raise?
Twelve Labs raised $12 Million in a Funding Round round on December 5, 2022.
Who invested in Twelve Labs?
Spring Ventures, Index Ventures and Radical Ventures are named as investors in this round.
What does Twelve Labs do?
Helping developers build programs that can see, hear, and understand the world as we do by giving them the world's most powerful video-understanding infrastructure.
Where is Twelve Labs based and how big is it?
Twelve Labs is based in San Francisco, California, United States. Fundz records about 176 employees.
Who are the decision-makers at Twelve Labs?
Fundz holds 1 contact at Twelve Labs, including the Director. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Video and Data And Analytics around the same time

Companies in the same sectors as Twelve Labs that raised within 45 days of this round, from Fundz verified event records.

  • Sheeva.AI raised $9.3M (Series A) on January 19, 2023.
  • Pagos Solutions, Inc. raised $34M on January 17, 2023.
  • CloseFactor raised $15M (Funding Round) on January 17, 2023.
  • Enhesa raised an undisclosed amount on January 10, 2023.
  • Apperio raised $7M (Funding Round) on January 10, 2023.
  • Actyv.ai raised $7M (Funding Round) on January 10, 2023.

Who to call at Twelve Labs, and when

A new round usually means Twelve Labs is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Twelve Labs raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Twelve Labs, from your own LinkedIn network

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Company Information

Company

Twelve Labs

Location

555 MISSION STREET

San Francisco, California, United States

About

Helping developers build programs that can see, hear, and understand the world as we do by giving them the world's most powerful video-understanding infrastructure.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Twelve Labs raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsRob T., Director hidden hidden hiddenSee plans and pricing
Predictive Intelligence
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ML-powered predictions for Twelve Labs's next move

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Twelve Labs raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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