📣 Send us your press release
Site updates every 15 minutes
Technology

Labelbox raises over $100 Million for AI Agent Development

AI company Labelbox has secured over $100 million in a Series E funding round, including equity and a credit facility. The capital will accelerate the development of its reinforcement learning and enterprise AI agent technologies.

14 October 2026
Labelbox raises over $100 Million for AI Agent Development

Labelbox, an AI platform focused on reinforcement learning and enterprise AI agents, announced it has raised more than $100 million in Series E financing. The round included both equity and a credit facility, and was led by Infinitum Partners, with participation from Wipro Ventures and Andreessen Horowitz.

The company plans to use the funds to accelerate the development of its Horizon product for training and evaluating frontier AI models, and Recursion Managed Agents, which enables enterprises to deploy agents that learn from experience.

Labelbox reported achieving profitability in 2026 and experiencing more than a fivefold year-over-year growth. The company serves over 400 customers, including more than 90% of leading U.S. AI labs.

CEO Manu Sharma stated that the funding will enable further advancements in technologies allowing AI systems to learn from their own operations and continuously improve performance, both for research labs and enterprise deployments.

Original source: prnewswire.com