Tech Company Financing Transactions

Twelve Labs Funding Round

Twelve Labs, operating out of Seoul, secured $12 million in investment from Radical Ventures, Index Ventures and private investors.

Transaction Overview

Company Name
Announced On
12/5/2022
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to add product features and conduct ongoing research, and to continue building out its commercial, multi-billion-parameter scale foundation model for video understanding.

Company Information

Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
7th Floor, 8, Gangnam-daero 53-gil Seocho-gu
Seoul, Undisclosed
South Korea
Phone
Undisclosed
Email Address
Overview
Provider of data collection and distribution platform intended to capture all offline visitor behaviors. The company's platform offers a database that uses computer vision for retailers and brands to collect real insights about customers, enabling users to captures customers' behaviors to improve their revenues.
Profile
Twelve Labs LinkedIn Company Profile
Social Media
Twelve Labs Company Twitter Account
Company News
Twelve Labs News
Facebook
Twelve Labs on Facebook
YouTube
Twelve Labs on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jaesung Lee
  Jaesung Lee LinkedIn Profile  Jaesung Lee Twitter Account  Jaesung Lee News  Jaesung Lee on Facebook
Chief Operating Officer
Dave Chung
  Dave Chung LinkedIn Profile  Dave Chung Twitter Account  Dave Chung News  Dave Chung on Facebook
Chief Technical Officer
Aiden Lee
  Aiden Lee LinkedIn Profile  Aiden Lee Twitter Account  Aiden Lee News  Aiden Lee on Facebook
Co-Founder
Soyoung Lee
  Soyoung Lee LinkedIn Profile  Soyoung Lee Twitter Account  Soyoung Lee News  Soyoung Lee on Facebook


 

 

Browse more venture capital transactions:

Prev: 12/5/2022: OneOrder venture capital transaction
Next: 12/6/2022: Invent Analytics venture capital transaction

 

Share this article

 


Where The Data Comes From

We do our best to record every notable VC transaction. VC investment data records on this site come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary