Full-Time

Head of Commercial Counsel

Confirmed live in the last 24 hours

Twelve Labs

Twelve Labs

51-200 employees

AI system for video content understanding

Data & Analytics
Enterprise Software
AI & Machine Learning

Senior, Expert

H1B Sponsorship Available

San Francisco, CA, USA

Remote-flexible with offices in San Francisco and Seoul; coworking stipend available.

Category
Legal
Legal & Compliance
Requirements
  • Juris Doctor (JD) degree from an accredited law school and admission to the bar.
  • Minimum of 10 years of experience in commercial law, with a strong background in contracts, negotiations, and compliance.
  • Proven track record of managing complex commercial transactions and providing strategic legal advice to senior leadership.
  • Expertise in drafting, reviewing, and negotiating a wide range of commercial agreements, including vendor, customer, and partnership contracts.
  • Strong understanding of regulatory requirements and the ability to ensure compliance with relevant laws and regulations.
  • Excellent communication and interpersonal skills, with the ability to build relationships and influence stakeholders at all levels.
  • Demonstrated ability to manage a team of legal professionals and collaborate effectively with other departments.
  • Experience in handling mergers and acquisitions, including due diligence, transaction structuring, and integration.
  • High ethical standards and a commitment to maintaining confidentiality and integrity in all legal matters.
Responsibilities
  • Lead the drafting, review, and negotiation of high-impact customer, licensing, and partnership agreements, aligning them with overarching business goals while mitigating risks.
  • Develop and manage an efficient contract life cycle to balance strategic business objectives with effective risk management.
  • Serve as a key advisor to Sales and Finance leadership, providing strategic guidance on complex commercial and financial operations.
  • Obtain and maintain a comprehensive understanding of the company’s products (current and emerging) and become a subject matter expert and advisor on relevant regulatory regimes.
  • Oversee the development and execution of a comprehensive compliance strategy, ensuring alignment with industry standards and regulations, including AI, privacy, security, and frameworks such as SOC 2 and GDPR.
  • Deliver training programs to internal stakeholders and establish policies and best practices for compliance.
  • Partner closely with technical, product, internal, and commercial teams to proactively manage risks, identify legal issues, and drive decision-making.
  • Provide strategic support during fundraising efforts, assist with due diligence, build data rooms, and ensure financing documents are accurate and complete.

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 transformed into vector representations, enabling fast semantic search within large video datasets. The company differentiates itself by providing a platform that is faster and more effective than many existing models, allowing developers and product managers to easily integrate its technology through an API. Twelve Labs aims to make video content easily searchable and accessible for various industries.

Company Stage

Series A

Total Funding

$75M

Headquarters

San Francisco, California

Founded

2021

Growth & Insights
Headcount

6 month growth

28%

1 year growth

130%

2 year growth

322%
Simplify Jobs

Simplify's Take

What believers are saying

  • The recent $50 million Series A funding, co-led by NEA and NVIDIA's NVentures, provides substantial financial backing for future growth and innovation.
  • Partnerships with companies like CineSys and EMAM highlight Twelve Labs' expanding influence and potential for transformative industry collaborations.
  • Recognition as a 2023 Technology Pioneer by the World Economic Forum underscores the company's leadership and innovative capabilities in the AI sector.

What critics are saying

  • The rapidly evolving AI and video understanding market could see increased competition, potentially challenging Twelve Labs' market position.
  • Dependence on continuous technological advancements and high R&D costs may strain financial resources if not managed effectively.

What makes Twelve Labs unique

  • Twelve Labs' AI system excels in extracting and transforming video content into vector representations, enabling fast and scalable semantic search, which is a significant edge over traditional video search technologies.
  • The company's focus on providing an end-to-end infrastructure through an easy-to-integrate API makes it highly accessible for developers and product managers.
  • Their technology's ability to outperform both open-source and commercial models in video understanding sets them apart in the competitive AI landscape.

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