Velvet
4 known investors
Velvet creates datasets and evaluations for multimodal AI models, working with AI labs and enterprises to improve models' interactive capabilities and spatial reasoning.
Also known as Velvet
Investors · 4
Company profile
researched Aug 2026Velvet is a product and research company focused on multimodal models, positioning its work under the heading of world model R&D. It collaborates with AI labs and enterprises to create datasets and evaluations intended to advance the interactive capabilities of AI systems.
The company frames its technical focus around two stated gaps in current multimodal models: a lack of spatial reasoning capabilities and high response latency. Its stated objective is to move toward models that understand the physical world in the way humans do, and it targets organizations that are training or deploying multimodal models.
Business model
Velvet works directly with AI labs and enterprises, supplying datasets and evaluations for multimodal model development. Its site includes intake flows for enterprises to request meetings about dataset needs and for contributors to submit dataset samples across text, image and video media, with contributor payouts handled through connected Stripe or Wise accounts.
Traction
Velvet states it is hiring across research, engineering and operations roles.
▸Full profile — technology, go-to-market
Technology
The company's work centers on datasets and evaluations for multimodal models, with an emphasis on spatial reasoning and reducing model response latency. Dataset submissions are accepted across text, image and video modalities.
Go-to-market
Velvet engages prospective customers through direct outreach and meeting requests submitted via its website, where companies describe their dataset needs. Access to its contributor platform is invite-only, requiring an access code from an invitation.
AI labs and enterprises that train or deploy multimodal models.
Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
In the news
VELVET stalls at $2—How deep could the current pullback go?cryptonews.net · Jul 2026▸Research sources · 1
primary sources listed
- Velvetvelvet.video · web
1 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Velvet do?
- Velvet is a product and research company building datasets and evaluations for multimodal AI models.
- Who are Velvet's investors?
- Velvet's investors include The Venture Reality Fund, Blockchain Founders Fund, FunFair Ventures, Mindfulness Capital.