Labelbox — Funding & Company Data

Labelbox's funding history demonstrates a classic, high-growth venture capital trajectory. The company has consistently raised larger rounds at a steady cadence, approximately every 12-14 months from its 2018 seed round to its 2022 Series D. This velocity indicates strong execution and consistent achievement of growth milestones, attracting ever-larger checks from premier investors.

The quality of its investor base is exceptionally high. Early backing from Kleiner Perkins and Google's AI-focused Gradient Ventures provided initial credibility. The addition of Andreessen Horowitz in the Series B and B Capital in the Series C solidified its position as a serious contender. Landing SoftBank Vision Fund 2 to lead a $110 million Series D at a reported $1 billion valuation is a major signal of market leadership and ambition to dominate the training data platform space. Strategic investments from Databricks Ventures also point to a strong ecosystem play, integrating deeply into the modern data stack.

Having raised its last round in early 2022, before the major market correction, Labelbox is likely well-capitalized to weather economic uncertainty and continue its growth trajectory. With $188.9 million in total funding, the company has a significant war chest to invest in R&D, expand its enterprise sales efforts, and out-compete smaller, less-funded rivals. This financial strength allows it to pursue a long-term vision without immediate pressure for profitability or an exit, focusing instead on platform expansion and market penetration.