Labelbox

Provides data labeling solutions for AI

San Francisco, California, United States

About Labelbox

Labelbox offers data labeling solutions for artificial intelligence applications, enabling businesses to label images, videos, text, and documents efficiently. Their platform allows users to create workflows that manage labeling tasks, which is crucial for industries like agriculture and healthcare that require large-scale data labeling for AI model training. Operating on a software-as-a-service (SaaS) model, Labelbox generates revenue through subscription fees and additional workforce services. The company's goal is to enhance AI development by providing high-quality data labeling solutions that streamline workflows.

San Francisco, CaliforniaHeadquarters
2018Year Founded
$183.7MTotal Funding
SERIES_DCompany Stage
Enterprise Software, AI & Machine LearningIndustries
201-500Employees

Benefits

Competitive remuneration
Flexible vacation policy (we don't count PTO Days)
401k Program
College savings account
HSA
Daily lunches paid for by the company (especially convenient while working from home)
Virtual wellness and guided meditation programs
Dog-friendly office
Regular company social events (happy hours, off-sites)
Professional development benefits and resources
Remote friendly (we hire in-office and remote employees)

Risks

Competition from Google's Gemini platform may attract potential Labelbox clients.
Rapid AI advancements by tech giants could outpace Labelbox's current offerings.
Reliance on partnerships like Google Cloud poses risks if these change or dissolve.

Differentiation

Labelbox offers advanced data labeling solutions for AI applications across multiple industries.
The platform supports complex NLP use cases, attracting tech and communication sectors.
Labelbox's SaaS model includes workforce augmentation services for scalable data labeling.

Upsides

Integration with Google Cloud enhances Labelbox's AI capabilities and client offerings.
Auto-computed metrics reduce error correction time and improve model performance.
Opening a London office facilitates European market expansion and better client service.

Funding