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How Labelbox CEO Manu Sharma grew Labelbox to $50M revenue and 50 customers in 2024.

Developer of a data training platform intended for computer vision machine learning applications. The company's platform offers a visual workflow interface and system of record for the data labeling process, using annotation tools as well as quality control functionality and performance analytics, enabling business to reduces model development times and empowers data science teams to build great machine learning applications.

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Labelbox Revenue

In 2024, Labelbox's revenue reached $50M. The company previously reported $26.9M in 2024. Since its launch in 2018, Labelbox has shown consistent revenue growth.

Labelbox Revenue GrowthReported revenue / ARR by year$0$13M$25M$38M$50M$63M2018201920202021202220232024$0$12M$20M$22M$50MSource: GetLatka.com
YearMilestone
2024Labelbox Hit $50m revenue in November 2024
2024Labelbox Hit $26.9m revenue in October 2024
2023Labelbox Hit $22.2m revenue in December 2023
2022Labelbox Hit $20m revenue in January 2022
2021Labelbox Hit $11.9m revenue in February 2021
2018Launched with $0 revenue

Labelbox Valuation, Funding Rounds

Labelbox is a bootstrapped Data Labeling Software startup. Founded in 2018, Labelbox has grown to $50M in revenue without raising any venture capital or outside funding.

As a self-funded Data Labeling Software SaaS company, Labelbox has built its business with no outside investment.

Labelbox Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120182018 cumulative: $0 • 2018 Founded: $02018 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Labelbox Employees & Team Size

Labelbox employs approximately 232 people as of 2026, up from 151 in 2023.

Labelbox has 232 total employees in different roles and functions and 21 sales reps that carry a quota. They have 50 customers that rely on the company's solutions.

Labelbox Team GrowthReported headcount over time050100150200250201820192020202120222023202400232232Source: GetLatka.com
YearMilestone
2024Reached 232 employees (December 2024)
2024Reached 151 employees (October 2024)
2023Reached 151 employees (December 2023)
2023Reached 143 employees (July 2023)
2022Reached 145 employees (December 2022)
2021Reached 123 employees (February 2021)

Founder / CEO

Manu Sharma

Manu Sharma is listed as Founder / CEO at Labelbox.

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Customers

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Frequently Asked Questions about Labelbox

What is Labelbox's revenue?

Labelbox generates $50M in revenue.

Who founded Labelbox?

Labelbox was founded by Manu Sharma.

Who is the CEO of Labelbox?

The CEO of Labelbox is Manu Sharma.

How much funding does Labelbox have?

Labelbox raised $0.

How many employees does Labelbox have?

Labelbox has 232 employees.

Where is Labelbox headquarters?

Labelbox is headquartered in San Francisco, California, United States.

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Compare Labelbox to the industry

Labelbox operates across multiple industries. Browse revenue, funding, and growth data for Labelbox in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Labelbox Revenue 2024: $50M ARR (Bootstrapped)