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- Labelbox
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
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
Website
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
| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Jan 2022 | Series D | $900M | 27.3x |
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
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Jan 2022 | $33M | $900M | 27.3x | Series 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
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jan 2022 | Series D | SoftBank Group (lead); Snowpoint Ventures; Catherine Wood; Andreessen Horowitz; Databricks Ventures; B Capital | $110M | $900M | Labelbox 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 2021 | Series C | B 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 2020 | Series B | Andreessen 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 2019 | Series A | Gradient (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 2018 | Seed | Kleiner 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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Participant | Jul 2018 | ||
| 4 | Lead | Jul 2018 | ||
| 4 | Lead | Jul 2018 | ||
| 3 | Lead | Feb 2020 | ||
| 2 | Participant | Feb 2021 | ||
| 2 | Lead | Feb 2021 | ||
| 1 | Participant | Jan 2022 | ||
| 1 | Lead | Jan 2022 | ||
| 1 | Participant | Jan 2022 | ||
| 1 | Participant | Feb 2021 | ||
| 1 | Lead | Feb 2021 | ||
This data is available for Pro users. Sign up to see all 13 Labelbox investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions 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
| 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 Country | |
| HQ City | - |
| Deal Date | 10 Feb 2026 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Labelbox acquisitions and their M&A valuation multiples. Start Free Trial | |
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.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $750M | - | ||
| Private | - | - | $750M | - | ||
| Private | $25M | - | $700M | 28.0x | ||
| Private | - | - | $650M | - | ||
| Publicly listed | $76M | ($20M) | $1.7B | 19.7x | ||
| Publicly listed | $123M | $13M | $904M | 4.9x |
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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $123M | $13M | 5.3x | 4.9x | 51.3x | 34.6x | |||
| $810M | $131M | 1.5x | 1.8x | 9.6x | 18.3x | |||
| $47M | ($109M) | 23.3x | 4.0x | (10.0x) | (19.3x) | |||
| $69M | ($310M) | 24.1x | - | (5.4x) | - | |||
| $56M | $5M | 13.8x | 14.0x | 160.9x | - | |||
| $2.7B | $244M | 1.5x | 1.6x | 17.1x | 15.0x | |||
| $281M | $44M | 3.4x | 2.9x | 21.6x | 15.7x | |||
| $136M | ($7M) | 7.7x | 6.2x | (150.8x) | (144172.5x) | |||
This data is available for Pro users. Sign up to see all Labelbox competitors and their valuation data. Start Free Trial | ||||||||
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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