Twelve Labs

Twelve Labs
Twelve Labs
  • Headquarters

    Seoul, South Korea
  • Founded

    2021
  • CEO / Founder

    Jae Lee
  • Employees

    11-50
  • Funding

    Series B — $17M
  • Products

    1 product listed
  • Avg. AI Score

    7.8/10

Profile updated

Products
1
Avg AI Score
7.8/10
Founded
2021
Funding
$107.1M
About Twelve Labs

Twelve Labs develops video understanding AI technology that enables search and analysis across visual, audio, and text content within videos. The company was founded in 2021 by Jae Lee and is headquartered in Seoul, South Korea.

The company's primary product is a video AI platform that provides APIs for developers to integrate multimodal video understanding capabilities into applications. The platform can process video content to extract insights from visual scenes, spoken audio, and on-screen text simultaneously. Twelve Labs serves enterprise customers across media, security, and content management sectors.

Twelve Labs raised a $12 million Series A round in 2022 led by NEA, following a $5 million seed round in 2021. The company has developed partnerships with cloud providers and maintains research collaborations with academic institutions focused on computer vision and natural language processing.

Specialties
Video AIMultimodal IntelligenceComputer VisionNatural Language ProcessingVideo SearchContent Analysis
Financials

Dated, source-cited figures. Estimates are marked.

Total Raisedest.
$107.1M
twelvelabs.io
Total Raised over time
$5M(Mar 16, 2022)$17M(Dec 5, 2022)$107.1M(December 2024, est.)
Products by Twelve Labs

All products by Twelve Labs reviewed by our AI panel of experts.

How Our Review Panel Scores Twelve Labs

Six independent reviewer personalities assessed Twelve Labs's product on their own terms. They disagreed by 3.7 points — The Skeptic was the hardest to convince, The Power User the most positive.

The Power User
8.2
The Domain Strategist
8.1
The Decision Maker
8.0
The Finance Lead
7.8
The Domain Practitioner
7.8
The Skeptic
4.5

Averaged across 1 reviewed product in our catalog. Scores are out of 10.

Competitive Landscape

Who Twelve Labs competes with, and how they differ.

Company Timeline

Key milestones in Twelve Labs's history, with sources.

  1. Funding

    Series B — $100M co-led by NEA and NAVER Ventures

    Twelve Labs raised $100 million in Series B funding co-led by NEA and NAVER Ventures, with participation from Amazon, Radical Ventures, Korea Investment Partners, Index Ventures, Quadrille Capital, and Red Bull Ventures.

    globenewswire.com
  2. Milestone

    Twelve Labs earns AWS AI Competency

    AWS awarded Twelve Labs its AI Competency designation based on its Marengo and Pegasus video-understanding models running on Amazon Bedrock, following a technical review and documented customer outcomes.

    twelvelabs.io
  3. Launch

    Pegasus 1.5 launched — structured video-to-data reasoning model

    Twelve Labs launched Pegasus 1.5, a video reasoning model that extracts timestamped, structured metadata from videos up to two hours long in a single API call using user-defined JSON schemas.

    prweb.com
  4. Partnership

    UNICEF Korea deployment — 8TB media archive made searchable

    Twelve Labs deployed its video intelligence platform for UNICEF Korea, unifying a fragmented 8TB media archive migrated to AWS S3 and cutting media search time by roughly 95%, its first non-profit-sector deployment.

    prweb.com
  5. Partnership

    Ecosystem Partner Program launched

    Twelve Labs launched a two-tier Ecosystem Partner Program for systems integrators and ISVs to co-build, co-sell, and co-market video AI solutions, with launch partners including CineSys, Overcast HQ, Quickplay, and MASV.

    prweb.com
  6. Launch

    Marengo 3.0 launched on Amazon Bedrock

    Twelve Labs launched Marengo 3.0, its video foundation model, on its own platform and Amazon Bedrock, supporting four-hour videos across 36 languages with a 50% reduction in storage costs versus the prior version.

    prweb.com
  7. Funding

    Series A extension — $30M, bringing total raised to $107.1M

    Twelve Labs raised a $30 million Series A extension with new investors including Databricks, Snowflake, SK Telecom, HubSpot Ventures, and In-Q-Tel, bringing total funding to $107.1 million, per TechCrunch.

    twelvelabs.io
  8. Funding

    Series A — $50M co-led by NEA and NVIDIA's NVentures

    Twelve Labs raised a $50 million Series A co-led by New Enterprise Associates and NVIDIA's NVentures, with participation from Index Ventures, Radical Ventures, Wndr Co, and Korea Investment Partners.

    twelvelabs.io
  9. Funding

    Seed extension — $12M led by Radical Ventures, total $17M

    Twelve Labs raised a $12 million seed extension led by Radical Ventures, with participation from Index Ventures and WndrCo, bringing its total venture funding to $17 million.

    twelvelabs.io
  10. Funding

    Seed round — $5M led by Index Ventures

    Twelve Labs announced a $5 million seed round led by Index Ventures, with participation from Radical Ventures, Expa, and Techstars Seattle, alongside angel investors including Fei-Fei Li and Alexandr Wang.

    twelvelabs.io
  11. Launch

    Public launch of cloud-native video search API

    Twelve Labs launched general availability of its cloud-native API suite for AI-powered video search, enabling semantic search across video archives in under one second.

    twelvelabs.io

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