Overview

Twelve Labs focuses on artificial intelligence and video understanding by developing a system that analyzes videos to extract key features like actions, objects, and speech. This information is converted into vector representations, enabling fast and efficient semantic search within large video datasets. The company differentiates itself by providing a complete infrastructure that allows clients to easily integrate its technology through a simple API. Twelve Labs aims to make video content more accessible and manageable for businesses across various industries.

Simplify's Take

What believers are saying

• Growing interest in multimodal AI models boosts demand for Twelve Labs' technology.
• Strategic partnerships with Databricks and Snowflake enhance video processing solutions.
• Increased use of AI in education technology expands Twelve Labs' client base.

What critics are saying

• Emerging AI startups in video understanding increase competition for Twelve Labs.
• Rapid AI advancements may lead to higher operational costs for Twelve Labs.
• Dependence on key partnerships poses risks if collaborations don't meet expectations.

What makes Twelve Labs unique

• Twelve Labs offers a comprehensive AI system for multimodal video understanding.
• Their technology transforms video content into vector representations for fast semantic search.
• The platform outperforms strong open-source and commercial models in video analysis.

Help us improve and share your feedback! Did you find this helpful?

YesNo

Funding

Total Funding

$104.2M

Above

Industry Average

Funded Over

3 Rounds

Notable Investors:

New Enterprise Associates

Notable Investors:

New Enterprise Associates

$30,000,000

Early VC

Dec 2024

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!

Early VC Funding Comparison

Coming Soon

View all funding stages