Twelve Labs - About the company
Twelve Labs is a series A company based in Seattle (United States), founded in 2021 by Soyoung Lee, Aiden Lee, Dave Chung, Sungjun Kim and Jae Lee. It operates as an AI-based platform offering video editing solutions. Twelve Labs has raised $107M in funding from investors like New Enterprise Associates, Index Ventures and Radical Ventures. The company has 49 active competitors, including 8 funded and 1 that has exited. Its top competitors include companies like KPOINT, Summ and Spikes.Studio.
Company Details
AI-based platform offering video editing solutions. It leverages AI technology to extract time, objects, text in the video, conversation, people, and actions to synthesize information into vectors. It also provides API for creating and editing videos.
- Website
- www.twelvelabs.io/
- Email ID
- *****@twelvelabs.io
Key Metrics
Founded Year
2021
Location
Seattle, United States
Stage
Series A
Total Funding
$107M in 5 rounds
Latest Funding Round
Investors
Ranked
1st among 49 active competitors
Employee Count
192 as on May 31, 2026
Legal entities associated with Twelve Labs
Twelve Labs is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
TWELVE LABS, INC. CIN: 5738178 , United States, Active | Mar 31, 2021 | - | - | - |
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Twelve Labs's funding and investors
Twelve Labs has raised a total funding of $107M over 5 rounds. Its first funding round was on Mar 16, 2022. Its latest funding round was a Series A round on Dec 12, 2024 for $*****. 5 investors participated in its latest round. Twelve Labs has 19 institutional investors and 7 angel investors.
Here is the list of recent funding rounds of Twelve Labs:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 12, 2024 | 2068783 | Series A | 5031672 | 6357069 | 8876030 | 7494384 |
Apr 29, 2024 | 8725338 | Series A | 5517095 | 2958214 | 4877285 | |
Jul 20, 2023 | 7543675 | Seed | 8685759 | 8683450 | 2358512 |
View details of Twelve Labs's funding rounds and investors
Twelve Labs' founders and board of directors
Founder? Claim ProfileThe founders of Twelve Labs are Soyoung Lee, Aiden Lee, Dave Chung, Sungjun Kim and Jae Lee. Jae Lee is the CEO of Twelve Labs.
Here are the details of Twelve Labs' key team members:
- Soyoung Lee: Co-Founder & Head of Go-to-Market of Twelve Labs. They serve on the board of 1 company.Contact Info: 1 email address
- Aiden Lee: Co-Founder & CTO of Twelve Labs and founder of 1 other company. Contact Info: 1 email address
- Dave Chung: Co-Founder & GTM of Twelve Labs and founder of 1 other company. Contact Info: 1 email address
- Sungjun Kim: Co-Founder of Twelve Labs. Contact Info: 1 email address
- Jae Lee: Co-Founder & CEO of Twelve Labs. Contact Info: 1 email address
Twelve Labs' Board of Directors
Twelve Labs's board has 8 active members. Soyoung Lee, Rob Toews, Dong Shin Kim, Jin Woo Chung, Kelly Toole, Seung Joon Lee, Tiffany Luck and Jae Sung Lee are independent board members.Here is the list of Twelve Labs' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 3y 5m | |
jypbyqi | Independent board member | - | Current | 1y 5m |
hlpmzsw | Independent board member | - | Current | 6y 9m |
gqqdude | Independent board member | - | Current | 4y 4m |
vjwkfek | Independent board member | - | Current | 3y 3m |
rjiuat{ | Independent board member | - | Current | 2y 5m |
fp{hkmz | Independent board member | - | Current | 8y 4m |
baoliv{ | Independent board member | - | Current | 2y 4m |
View details of Twelve Labs's Founder profiles and Board Members
Twelve Labs' employee count trend
Twelve Labs has 192 employees as of May 26. Here is Twelve Labs's employee count trend over the years:
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Twelve Labs's Competitors and alternates
Top competitors of Twelve Labs include KPOINT, Summ and Spikes.Studio. Here is the list of Top 10 competitors of Twelve Labs, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Twelve Labs 2021, Seattle (United States), Series A | AI-based platform offering video editing solutions | $107M | 70/100 | |
2nd | Provider of an enterprise video platform with AI-powered personalization tools | $1.73M | 55/100 | ||
3rd | Provider of video summary solutions | - | - | 38/100 | |
4th | Spikes.Studio 2020, Tel Aviv (Israel), Unfunded | AI-powered video editing platform | - | - | 37/100 |
5th | LiveLink AI 2016, London (United Kingdom), Seed | AI-powered platform offering to create short videos | $2.81M | 34/100 | |
6th | Emotion Trac 2019, Boynton Beach (United States), Seed | Cloud and AI based law firm analytics platform provider | $40K | - | 33/100 |
7th | ![]() Humanlearning.com 2002, London (United Kingdom), Unfunded | Provider of video intelligence platform for field service and remote support | - | - | 32/100 |
8th | Starzero 2024, Wilmington (United States), Unfunded | Developer of software agents for automated video editing and production | - | - | 27/100 |
9th | Flowstate 2024, San Francisco (United States), Unfunded | Browser extension for youtube navigation | - | - | 24/100 |
10th | Developer of AI-powered summarization and analysis tools | - | - | 24/100 |
Looking for more details on Twelve Labs's competitors? Click here to see the top ones
Twelve Labs's Investments and acquisitions
Twelve Labs has made no investments or acquisitions yet.
Reports related to Twelve Labs
Here is the latest report on Twelve Labs's sector:
News related to Twelve Labs
Media has covered Twelve Labs for a total of 4 events in the last 1 year, 2 of them have been about partnerships and 1 about company updates.
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VAST Data and TwelveLabs Partner to Expand Video AccessibilityGlobeNewswire•Feb 26, 2026•Twelve Labs, VAST Data
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‘Squid Game’ Creator’s Firstman Studio Invests in TwelveLabs AI CompanyVariety•Oct 02, 2025•Twelve Labs
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Twelvelabs and LG CNS Partner to Develop AI Video SolutionsBusinesskorea•Jul 01, 2025•Twelve Labs, LG CNS
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Naver Ventures Makes Debut Investment in TwelveLabs for AI PushKedglobal•Jun 09, 2025•Naver, Nvidia, Twelve Labs, Samsung and 1 other
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Short-form startup SpoonLabs leads 2024 Korean startup fundingmk.co.kr•Feb 13, 2025•Spoonlabs, Krafton, Twelve Labs, DeepX and 9 others
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TwelveLabs' Pegasus-1.2 boosts video AI: faster, smarter processing for all video lengths.MarTech Series•Feb 12, 2025•Twelve Labs
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Twelve Labs: Video Understanding Company Raises $30 MillionPulse 2.0•Dec 17, 2024•Twelve Labs, Databricks, SK Telecom, Snowflake and 2 others
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Tech Start-Up Databricks Seeks $2.5 Billion Private Debt FinancingBNN Bloomberg•Dec 13, 2024•Databricks, JPMorgan Chase, Twelve Labs, Thrive Capital and 10 others
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SK Telecom invests $3 mn in AI-powered video analysis startup Twelve LabsKedglobal•Dec 13, 2024•SK Telecom, Twelve Labs, NVentures, New Enterprise Associates and 7 others
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