Labelbox Revenue, Valuation, Funding & Investors

Labelbox is valued at $900M as of January 2022, a 27.3x multiple on its last reported $33M revenue.

Last Labelbox valuation

$900M

Series D · Jan 2022

Last Labelbox funding round

$110M

Series D · Jan 2022

Labelbox revenue

$33M

Series D · Jan 2022

Key investors in Labelbox

  • Kleiner Perkins
  • First Round Capital
  • Gradient
  • Andreessen Horowitz
  • B Capital
  • Catherine Wood

Labelbox Overview

About Labelbox

Labelbox is a San Francisco-headquartered platform for AI data labeling and management. It serves leading AI labs and Fortune 500 enterprises like Autodesk and Verizon with tools for image, video, and text annotation. The software integrates with TensorFlow and PyTorch, automating workflows to reduce labeling time by up to 80%. Founded in 2018, Labelbox operates globally with on-demand expert services.


Founded

2018

HQ

United StatesSan Francisco, CA

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Revenue

$33M (Jan 2022)

Valuation

$900M (Jan 2022)

Labelbox Valuation

Labelbox is currently valued at $900M, based on its Series D in January 2022.

The $110M round was led by SoftBank Group, with participation from Snowpoint Ventures, Catherine Wood, Andreessen Horowitz, Databricks Ventures and B Capital.

Labelbox valuation by funding round

Labelbox valuation by funding round
DateStageValuationRevenue Multiple
Jan 2022Series D$900M27.3x

Labelbox Revenue

Labelbox's latest recorded revenue is $33M, as of its Series D in January 2022. At a $900M valuation, that implies a 27.3x revenue multiple.

Labelbox revenue by funding round

Labelbox revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Jan 2022$33M$900M27.3xSeries D

* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.

Labelbox Funding History

Labelbox has raised a total of $189M across 5 funding rounds.

Labelbox's first fundraising round was a $4M seed round in July 2018. The most recent completed round was a $110M Series D in January 2022.

Labelbox funding rounds

Labelbox funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jan 2022Series DSoftBank Group (lead); Snowpoint Ventures; Catherine Wood; Andreessen Horowitz; Databricks Ventures; B Capital$110M$900MLabelbox is a San Francisco-based training data platform for enterprise machine learning applications that provides a full-cycle, iterative approach to AI model development. The company's software acts as mission control for data scientists, enabling enterprises to annotate and train data models while conducting error analysis and refining annotations in a continuous loop to improve machine learning model performance. Rather than requiring companies to build costly in-house data labeling infrastructure, Labelbox allows enterprises to link databases and labeling services globally. The platform has been deployed across diverse industries including agriculture, insurance, healthcare, media, and military intelligence, with enterprise customers including ArcelorMittal, Chegg, Genentech, and Warner Brothers. In January 2022, Labelbox announced the closing of a $110 million Series D funding round led by SoftBank Vision Fund 2, with participation from Snowpoint Ventures, Databricks Ventures, B Capital Group, Andreessen Horowitz, and Catherine Wood. This valuation reflected over $1 billion in post-money value. The company had raised $189 million in total venture funding across seven rounds as of the Series D closing. Following the funding, Labelbox planned to hire for over 25 remote roles across engineering, sales, and product teams to support global expansion and engineering innovations.
Feb 2021Series CB Capital (lead); IQT (lead); Catherine Wood; First Round Capital; Kleiner Perkins; Andreessen Horowitz; Gradient; Titan Capital; Tau Ventures$40M-Labelbox is a San Francisco-based data training startup founded in 2018 that provides a data annotation platform for machine learning teams, helping enterprises label data for AI models and competing with tools like Amazon SageMaker. The company raised $40 million in its Series C round in February 2021, led by B Capital and IQT, with participation from Andreessen Horowitz, First Round Capital, Kleiner Perkins, Gradient Ventures, Tau Ventures, Titan Capital, and others, bringing total funding to $79 million at the time. This followed a $25 million Series B in early 2020. The funding was oversubscribed, driven by investor interest despite Labelbox having two years of runway remaining, with B Capital partner Rashmi Gopinath highlighting the platform's advanced capabilities serving hundreds of customers including Fortune 500 enterprises and federal agencies running on AWS or Azure. Proceeds were intended to expand market reach and improve platform features. By this point, Labelbox had established itself as a leader in data labeling for AI/ML workflows. Subsequent rounds included a Series D in January 2022 raising $110 million at over $1 billion valuation led by SoftBank Vision Fund with Andreessen Horowitz and others, and references to a Series D valuation of $823.31 million.
Feb 2020Series BAndreessen Horowitz (lead); First Round Capital; Kleiner Perkins; Gradient$25M-Labelbox is a data labeling and training platform for AI and machine learning teams, enabling enterprises to curate, label, and manage data for model development. It serves hundreds of customers including Fortune 500 companies and federal agencies, competing with tools like Amazon SageMaker by offering superior automated labeling and workflow efficiency. The platform partners with over 80% of top US AI labs. In February 2020, Labelbox raised $25 million in its Series B round led by Andreessen Horowitz, with participation from First Round Capital, Kleiner Perkins, and others including Gradient as noted in contemporaneous coverage. The funding aimed to scale operations and accelerate product development following an earlier Series B-II or prior round. The Series C in early 2021 raised $40 million led by B Capital Group, bringing total funding to $79 million, further supported by the same investors. Labelbox continued its trajectory with a Series D in January 2022 raising $110 million led by SoftBank Vision Fund at over $1 billion valuation, and a later Series E in 2025 for $110 million also at $1B led by SoftBank and Andreessen Horowitz. Total funding across rounds reached approximately $189 million by 2022. The data labeling market was $150 million in 2018, projected to exceed $1 billion by 2023, underscoring Labelbox's growth context amid rising AI data needs.
Apr 2019Series AGradient (lead); First Round Capital; Kleiner Perkins; Sumon Sadhu$10M-Labelbox is a collaborative training data platform for machine learning teams, enabling data labeling, management, and model optimization for applications in industries like insurance, self-driving vehicles, robotics, drones, and retail. The company provides tools to centralize in-house and external labeling activities, integrate with cloud storage and APIs, and support computer vision workflows. Customers including FLIR Systems, Lytx, Airbus, Genius Sports, and KeepTruckin used the platform, with around 50 customers as of April 2019. In April 2019, Labelbox raised a $10 million Series A round led by Gradient Ventures, with participation from First Round Capital, Kleiner Perkins, and angel investor Sumon Sadhu. The funding was used to double the team size from 11 to 22 employees, focusing on engineering, sales, marketing, and customer success to scale the platform and meet growing demand. By early 2019, the company labeled over one million data assets monthly and approached $1 million in annual recurring revenue by the end of Q1. Labelbox demonstrated rapid growth in 2018, expanding from seed funding to significant traction with thousands of users worldwide. The Series A built on this momentum, positioning Labelbox to industrialize machine learning across sectors like manufacturing, transportation, and healthcare.
Jul 2018SeedKleiner Perkins (lead); First Round Capital; Gradient$4M-Labelbox raised $3.9 million in its seed round in July 2018 led by Kleiner Perkins, with participation from First Round Capital and Gradient Ventures. The funding aimed to establish the company and develop its initial data annotation platform for machine learning applications. Labelbox, founded in 2018 and headquartered in San Francisco, provides a training data platform that automates labeling processes to accelerate AI model development. The company addresses the bottleneck in data labeling for enterprises by offering a web-based platform that supports collaboration across teams and services. Subsequent rounds included a $25 million Series B valuing the company at $135 million and a $40 million Series C bringing total funding to $79 million by early 2021. Labelbox later achieved unicorn status with a $110 million Series D in January 2022 at over $1 billion valuation led by SoftBank Vision Fund 2.

Who has invested in Labelbox?

13 investors have backed Labelbox across its funding rounds, including Kleiner Perkins, First Round Capital, Gradient, Andreessen Horowitz, B Capital and Catherine Wood.

Lead investors include SoftBank Group, B Capital, IQT, Andreessen Horowitz, Gradient and 1 other investor.


Labelbox Investors

Investors in Labelbox by funding rounds participated
InvestorHQRoundsRoleFirst check
First Round CapitalUnited StatesPhiladelphia, PA4ParticipantJul 2018
Kleiner PerkinsUnited StatesSan Francisco, CA4LeadJul 2018
GradientUnited StatesSan Francisco, CA4LeadJul 2018
Andreessen HorowitzUnited StatesSan Francisco, CA3LeadFeb 2020
Catherine WoodUnited StatesNew York City, NY2ParticipantFeb 2021
B CapitalUnited StatesLos Angeles, CA2LeadFeb 2021
Snowpoint VenturesUnited StatesWest Palm Beach, FL1ParticipantJan 2022
SoftBank GroupJapanTokyo1LeadJan 2022
Databricks VenturesUnited StatesSan Francisco, CA1ParticipantJan 2022
Titan CapitalIndiaGurgaon1ParticipantFeb 2021
IQTUnited StatesWashington, DC1LeadFeb 2021

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Acquisitions by Labelbox

Labelbox has acquired 1 company to date.

Last acquisition by Labelbox was on February 10th 2026. Labelbox acquired Upcraft for undisclosed valuation.


Latest Acquisitions by Labelbox

Upcraft
Description
Upcraft is an AI sales platform deploying virtual agents for lead qualification and engagement, integrated with HubSpot and WordPress for professional services firms.
HQ CountryUnited States
HQ City
-
Deal Date10 Feb 2026
Valuationundisclosed
EV/Revenue
EV/EBITDA

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Labelbox Competitors

Labelbox competitors include listed companies like TRS Information Technology and Beijing CTJ Info Tech, and private ones like Pinecone, PolyAI, Exodigo and Pliops.

Public and private companies comparable to Labelbox
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
PineconeUnited StatesUnited StatesPrivate--$750M-
PolyAIUnited KingdomLondonPrivate--$750M-
ExodigoIsraelTel AvivPrivate$25M-$700M28.0x
PliopsIsraelIsraelPrivate--$650M-
TRS Information TechnologyChinaChinaPublicly listed$76M($20M)$1.7B19.7x
Beijing CTJ Info TechChinaChinaPublicly listed$123M$13M$904M4.9x

Labelbox Public Comps

Labelbox is still privately-owned, but its public comps include Beijing CTJ Info Tech, ODDITY Tech, Rezolve AI, e-Hualu, Beijing Haitian Ruisheng, Rackspace, Appier Group, iFLYHealth, Beijing Deep Glint Tech and Shenzhen Sunwin.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Beijing CTJ Info Tech$123M$13M5.3x4.9x51.3x34.6x
ODDITY Tech$810M$131M1.5x1.8x9.6x18.3x
Rezolve AI$47M($109M)23.3x4.0x(10.0x)(19.3x)
e-Hualu$69M($310M)24.1x-(5.4x)-
Beijing Haitian Ruisheng$56M$5M13.8x14.0x160.9x-
Rackspace$2.7B$244M1.5x1.6x17.1x15.0x
Appier Group$281M$44M3.4x2.9x21.6x15.7x
iFLYHealth$136M($7M)7.7x6.2x(150.8x)(144172.5x)

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Common questions about Labelbox

When was Labelbox founded?Labelbox was founded in 2018.
Where is Labelbox headquartered?Labelbox is headquartered in San Francisco, CA, United States.
Is Labelbox publicly listed?No, Labelbox is a private, VC-backed company.
What is Labelbox's valuation?Labelbox was last valued at $900M in its Series D in January 2022.
How much funding has Labelbox raised?Labelbox has raised $189M across 5 funding rounds.
What was Labelbox's last funding round?Labelbox's last funding round was a $110M Series D in January 2022, led by SoftBank Group.
Who are Labelbox's investors?Labelbox's investors include First Round Capital, Kleiner Perkins, Gradient, Andreessen Horowitz, Catherine Wood, B Capital, Snowpoint Ventures, SoftBank Group, Databricks Ventures, Titan Capital and 3 others.
What is Labelbox's revenue?Labelbox's latest recorded revenue is $33M (January 2022).
What is Labelbox's revenue multiple?Labelbox's latest valuation implies a 27.3x revenue multiple ($900M valuation on $33M of revenue).
Which companies are comparable to Labelbox?Companies comparable to Labelbox include Pinecone, PolyAI, Exodigo, Pliops, TRS Information Technology and Beijing CTJ Info Tech.
How many companies has Labelbox acquired?Labelbox has acquired 1 company, including Upcraft.

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