About Labelbox
Labelbox is a company based in San Francisco (United States) founded in 2017 by Brian Rieger and Manu Sharma.. Labelbox has raised $188.9 million across 5 funding rounds from investors including Databricks, Kleiner Perkins and SoftBank Vision Fund. The company has 88 employees as of December 31, 2023. Labelbox offers products and services including Labeling Services, Labelbox Platform, and Alignerr Connect. Labelbox operates in a competitive market with competitors including Snorkel AI, Figure Eight, DataLoop, Encord and Granica, among others.
- Headquarter San Francisco, United States
- Employees 88 as on 31 Dec, 2023
- Founders Brian Rieger, Manu Sharma
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Labelbox, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$188.9 M (USD)
in 5 rounds
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Latest Funding Round
$110 M (USD), Series D
Jan 06, 2022
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Investors
Databricks
& 13 more
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Employee Count
88
as on Dec 31, 2023
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Products & Services of Labelbox
Labelbox offers a comprehensive portfolio of products and services, including Labeling Services, Labelbox Platform, and Alignerr Connect. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Managed solution for high-quality AI data labeling
Tool for AI model evaluation and data labeling
Service to hire experienced AI trainers
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Funding Insights of Labelbox
Labelbox has successfully raised a total of $188.9M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $110 million completed in January 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series D — $110.0M
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First Round
First Round
(31 Jul 2018)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Series D - Labelbox | Valuation | SoftBank Vision Fund | |
| Feb, 2021 | Amount | Series C - Labelbox | Valuation | B Capital | |
| Feb, 2020 | Amount | Series B - Labelbox | Valuation | a16z |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Labelbox
Labelbox has secured backing from 14 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Databricks, Kleiner Perkins and SoftBank Vision Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments are provided by Snowpoint Ventures.
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Founded Year | Domain | Location | |
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Founded Year | Domain | Location | |
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Venture capital investments in technology and startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Labelbox
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Labelbox
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Labelbox Comparisons
Competitors of Labelbox
Labelbox operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Snorkel AI, Figure Eight, DataLoop, Encord and Granica, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
AI development processes offering programmatic solutions
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| domain | founded_year | HQ Location |
Offers AI training data, annotation, and services for enterprise AI development.
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| domain | founded_year | HQ Location |
Provider of an AI annotation and management platform
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| domain | founded_year | HQ Location |
Cloud based platform offering image and video analytics solutions
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| domain | founded_year | HQ Location |
AI efficiency platform for AI training
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Labelbox
Frequently Asked Questions about Labelbox
When was Labelbox founded?
Labelbox was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Labelbox located?
Labelbox is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Labelbox?
Manu Sharma is the current CEO of Labelbox. They have also founded this company.
Is Labelbox a funded company?
Labelbox is a funded company, having raised a total of $188.9M across 5 funding rounds to date. The company's 1st funding round was a Series B of $25M, raised on Jul 31, 2018.
How many employees does Labelbox have?
As of Dec 31, 2023, the latest employee count at Labelbox is 88.
What does Labelbox do?
Labelbox provides a training data platform for artificial intelligence applications. It allows users to control training data with labeling tools, human workforce, data management, APIs, and automation features. It integrates with the ML pipeline by hosting or connecting to labeledunlabeled training data and supports both private cloud and on-premise data sources. It also provides quality control functionality and performance analytics. Its performance analytics dashboard allows customers to identify high and low-performing labelers and compare sources of labor against one another to choose the optimal provider. The platform is available on a subscription basis. It has use cases in multiple sectors including Automotive, Geospatial, Industrial and Insurance. Its clientele includes Airbus, Lytx, Genius Sports, Arturo, Stockwell, etc.
Who are the top competitors of Labelbox?
Labelbox's top competitors include DataLoop, Snorkel AI and Encord.
What products or services does Labelbox offer?
Labelbox offers Labeling Services, Labelbox Platform, and Alignerr Connect.
Who are Labelbox's investors?
Labelbox has 14 investors. Key investors include Databricks, Kleiner Perkins, SoftBank Vision Fund, Snowpoint Ventures, and Andreessen Horowitz.
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