2024 Revenue
$50M
Customers
50
Funding
$0
YOY
125.2%
Avg ACV
$1M
Team
232
Founded
2018
How Labelbox CEO Manu Sharma grew 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.
Last updated
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.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Labelbox Hit $50m revenue in November 2024 | |
| 2023 | Labelbox Hit $22.2m revenue in December 2023 | |
| 2022 | Labelbox Hit $20m revenue in January 2022 | |
| 2021 | Labelbox Hit $11.9m revenue in February 2021 | |
| 2018 | Launched 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.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Labelbox serves 50 customers.
Labelbox Employees & Team Size
Labelbox employs approximately 232 people as of 2026, up from 151 in 2023, including 21 sales reps that carry a quota. It serves 50 customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 232 employees (December 2024) |
| 2024 | Reached 151 employees (October 2024) |
| 2023 | Reached 151 employees (December 2023) |
| 2023 | Reached 143 employees (July 2023) |
| 2022 | Reached 145 employees (December 2022) |
| 2021 | Reached 123 employees (February 2021) |
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 is bootstrapped and has not raised outside funding.
How many employees does Labelbox have?
Labelbox has 232 employees.
Where is Labelbox headquarters?
Labelbox is headquartered in San Francisco, California, United States.
Compare Labelbox to the industry
Labelbox operates across multiple industries. Browse revenue, funding, and growth data for Labelbox in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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