Fundraising Fox

Twelve Labs

Techstars '21

San Francisco, US · Founded 2021 · Delaware corporation · 183 employees on LinkedIn · 22 known investors

Twelve Labs develops AI technology for video understanding, enabling machines to comprehend and analyze video content for applications in human-machine interaction and perception.

Also known as Twelve Labs Co. · Twelve Labs Inc. · TwelveLabs

Founders & leadership

Twelve Labs was founded in 2021 by Jae Sung Lee, Seung Joon Lee, Jin Woo Chung, Soyoung Lee, and Aiden L..

JSJae Sung Lee
Jae Sung LeeCo-founder
SJ
Seung Joon LeeCo-founder
JW
Jin Woo ChungCo-founder
SLSoyoung Lee
Soyoung LeeinCo-Founder and Head of Go-to-Market
ALAiden L.
Aiden L.inCo-founder, CTOCo-founder and CTO of Twelve Labs, which develops AI for video understanding. His research focuses on video understanding, video language modeling, and multimodal systems.
DS
Dong Shin KimNamed on SEC filing

Board

RTRob Toews
Rob Toewsin𝕏Investor & Board DirectorPartner at Radical Ventures
KT
Kelly Toole𝕏Board directorPrincipal at Index Ventures
FLFei-Fei Li
Fei-Fei LiScientific Partner at Radical Ventures
SSSilvio Savarese
Silvio Savarese

Investors · 22

Also in the syndicate · 3

Kadriyu CapitalNAVER VenturesleadRed Bull Ventures

Funding

SEC filings, press & company announcements

$272M disclosed across 5 of 6 rounds · 2022–2026

$50MraisedJun 2024 · 17 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Soyoung LeeExecutive Officer, Director
  • Jin Woo ChungExecutive Officer, Director
  • Seung Joon LeeExecutive Officer, Director
  • Rob ToewsDirector
  • Dong Shin KimDirector
  • Tiffany LuckDirector
  • Jae Sung LeeExecutive Officer, Director
Offering amount
$50M
Amount sold
$50M
First sale
Apr 2024
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$10.1MraisedDec 2023 · 7 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Seung Joon LeeExecutive Officer, Director
  • Dong Shin KimDirector
  • Jin Woo ChungExecutive Officer, Director
  • Jae Sung LeeExecutive Officer, Director
  • Soyoung LeeExecutive Officer, Director
  • Rob ToewsDirector
Offering amount
$10.1M
Amount sold
$10.1M
First sale
Jul 2023
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$12MraisedDec 2022 · 14 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Jae Sung LeeExecutive Officer, Director
  • Seung Joon LeeExecutive Officer, Director
  • Rob ToewsDirector
  • Jin Woo ChungExecutive Officer, Director
  • Dong Shin KimDirector
  • Soyoung LeeExecutive Officer, Director
  • Kelly TooleDirector
Offering amount
$12M
Amount sold
$12M
First sale
Aug 2022
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Twelve Labs develops video foundation models and an accompanying API/SDK platform for what it calls video intelligence: ingesting raw video and turning it into indexed, searchable, AI-ready data. Its two core models are Marengo, a multimodal embedding model that analyzes frames and their temporal relationships together with speech and sound for search and any-to-any retrieval, and Pegasus, a video-first language model that combines visual, audio and speech signals to generate text such as summaries, chapters and highlights. The platform exposes Search, Analyze and Embed products, plus an agentic offering the company markets as Jockey, described as a video intelligence AI agent.

Core workflows advertised include natural-language search across video libraries (actions, scenes, dialogue and emotions without manual tagging), automatic content segmentation and scene-break detection, compliance and brand-safety review, highlight and rough-cut assembly that exports into editing workflows, and aggregate analysis of video for editorial or creative insight. The company states its pipeline ingests multimodal data at roughly 60x real time, indexing an hour of video in about a minute and more than 10,000 hours per day, and cites SOC 2 Type II certification with deployment options in the customer's chosen environment. Developer resources include official Python and JavaScript SDKs, an MCP integration, a Claude Code plugin, sample applications and integrations such as an Embed API pairing with MongoDB Atlas Vector Search.

External profiling describes the company as specialized multimodal video-understanding infrastructure with proprietary video foundation model architectures, including a gated modality experts design and temporal modeling intended to treat video as a continuous event rather than a sequence of static frames.

Founding story

Co-founder and CEO Jae Lee has described the company as starting roughly five years before mid-2026 from the observation that the world does not happen in text but in motion, and that most of the world's video remains inaccessible to machines except through filenames, folders, captions, transcripts and human memory. Prior to founding Twelve Labs he was lead data scientist at the Cyber Operations Command of the Republic of Korea Ministry of National Defense, with earlier software engineering experience at Amazon and Samsung Electronics.

Business model

Twelve Labs sells access to its video foundation models through a usage-based API and SDK platform, supplemented by enterprise contracts and cloud-marketplace distribution via partners such as AWS Bedrock.

Tiered usage-based pricing: a free plan covering up to 10 hours of indexing with limits on index duration, volume and concurrency; a pay-as-you-go Developer plan priced per minute of video indexing and analysis, per 1,000 search queries and per 1,000 output tokens; and an Enterprise plan on committed-use contracts with custom pricing.

Traction

Third-party profiling puts team size at 70-80 and lists partnerships with NVIDIA, Oracle, AWS, Intel, Blackmagic Design, Vidispine, EMAM and Blackbird. The company reports platform throughput of more than 10,000 hours of video indexed per day and publishes benchmark claims including a 13.1% advantage for Pegasus 1.5 over Gemini 3.1 Pro on multimodal prompting and a top ranking on Video-MME.

Latest developments

On 1 July 2026 the company announced a $100 million Series B co-led by NEA and NAVER Ventures with participation from Amazon, Radical Ventures, Index Ventures, Korea Investment Partners, Quadrille Capital and Red Bull Ventures. Alongside the round, AWS signed a multiyear contract to host Twelve Labs workloads on Trainium chips, with new models debuting on the service for developers.

Full profile — market position, technology, go-to-market, geography, history

Market position

The company positions itself as infrastructure for video intelligence, aiming to do for video what large language models did for text, and has been named to the CB Insights AI 100 according to third-party profiling.

Native video understanding using temporal modeling and audio-visual alignment rather than frame-by-frame image analysis, with models trained from scratch for long-form video efficiency.

Technology

Proprietary video foundation models built for long-form video: Marengo for multimodal embeddings and retrieval and Pegasus for video-to-text generation, using temporal modeling with audio-visual alignment and a gated modality experts architecture. The platform provides a single multimodal ingestion pipeline said to run at about 60x real time, plus Search, Analyze and Embed APIs, Python and JavaScript SDKs, MCP support and an open video-embeddings evaluation framework.

Go-to-market

Self-serve developer adoption via a free tier, playground, developer hub and open-source SDKs and sample apps, combined with direct enterprise sales and distribution through cloud and technology partners.

Developers and organizations that work with video at scale, including media and entertainment, sports, advertising and marketing, adtech, public sector and security/surveillance, education, and digital asset management and content archives.

Geography

Headquartered in San Francisco, California, with a global customer focus and investor and partner ties in Korea including NAVER Ventures and Korea Investment Partners.

History

Third-party profiling records a $50M Series A in June 2024 and a $30M strategic round in December 2024, integration into AWS Bedrock, the launch of Marengo 3.0 on AWS Bedrock at re:Invent in December 2025, the release of Pegasus 1.5 in April 2026, and a $100M Series B announced on 1 July 2026 led by NEA and NAVER Ventures with participation from Amazon and others.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Developer plan Analyze API input video priceJan 2026$0.0292
Developer plan Analyze API output text priceJan 2026$0.0075
Developer plan search API priceJan 2026$4
Developer plan video indexing priceJan 2026$0.042
Employee countJan 202670-80
HeadcountAug 2026183
Pegasus 1.5 advantage over Gemini 3.1 Pro on multimodal promptingJan 202613.1%
Security certificationJan 2026SOC 2 Type II certified
Video indexing throughputJan 202610,000 hours per day

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 8

by search overlap
OpenAI106 shared keywordsOpenAI is an AI research and deployment company focused on developing artificial general intelligence (AGI) with emphasis on safety and beneficial outcomes for humanity.
Memories105 shared keywordsMemories.ai builds a Large Visual Memory Model and API infrastructure that lets AI systems index, recall and act on video.
LiveLink81 shared keywordsLiveLink AI is an AI-powered online video trimmer that allows creators to cut and trim videos for social media platforms like TikTok, YouTube Shorts, and Instagram Reels. The tool enables users to trim videos by dragging timeline endpoints or selecting words from transcripts, and operates entirely in-browser without requiring software downloads.
Hugging Face77 shared keywordsHugging Face is a collaboration platform that hosts and provides access to machine learning models, datasets, and applications. It offers both open-source tools for the ML community and paid compute and enterprise solutions for teams building AI applications.
ElevenLabs74 shared keywordsElevenLabs is an AI research and product company that builds voice generation and audio processing platforms for creating human-like voice interactions with technology. The company serves individuals with accessibility needs, nonprofits, and general users across healthcare, education, and culture.
ClickUp60 shared keywordsClickUp provides a customizable work management platform that adapts to different company teams and projects across various functions including marketing, sales, and project management.
Eden AI60 shared keywordsEden AI provides a single API gateway that lets developers and companies access, compare, and switch between multiple AI models and providers, with features like fallback, monitoring, and cost visibility to reduce vendor lock-in. It also offers a dedicated EU endpoint with European data residency, zero data retention, and SOC 2, ISO 27001, and GDPR compliance.
ChatGPT57 shared keywordsChatGPT is an AI assistant that generates text responses, creates images, and processes uploaded files based on user prompts and saved chat history.

Companies competing with Twelve Labs for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 5

launches, deals, and filings
Jul 2026
Twelve Labs announces $100M Series B co-led by NEA and NAVER Ventures

The company said it is raising $100 million from investors including Amazon, NEA and Naver Ventures, with participation from Radical Ventures, Index Ventures, Korea Investment Partners, Quadrille Capital and Red Bull Ventures, to advance AI that searches and analyzes video.

$100M source ↗

Jul 2026
Multiyear AWS contract to host workloads on Trainium chips

AWS signed a multiyear contract to host Twelve Labs' workloads on Trainium chips, with new models debuting on the service for developers building AI applications.

source ↗

Apr 2026
Pegasus 1.5 released

Launch of the Pegasus 1.5 generative video-to-text model.

source ↗

Jan 2026
Named to CB Insights AI 100

source ↗

Dec 2025
Marengo 3.0 launched on AWS Bedrock at re:Invent

The Marengo 3.0 multimodal video embedding model was made available on AWS Bedrock, announced at re:Invent.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
Twelve LabsDelaware

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Twelve Labs do?
Twelve Labs builds video foundation models and an API platform that make video searchable and analyzable in natural language.
Who founded Twelve Labs?
Twelve Labs was founded by Jae Sung Lee, Seung Joon Lee, Jin Woo Chung, Soyoung Lee, Aiden L. in 2021.
Who are Twelve Labs's investors?
Twelve Labs's investors include Expa, Han River Partners, Hillspring Investment, HubSpot Ventures, Index Ventures, Intel Capital, New Enterprise Associates (NEA), Operator Collective and 11 more.
How much funding has Twelve Labs raised?
Twelve Labs has disclosed $272M raised across 5 of its 6 known rounds.
Where is Twelve Labs headquartered?
Twelve Labs is headquartered in San Francisco, US.