Head of Finance, Twelve Labs
More information about location
AI-enabled video understanding technology
Job no longer available
AI-enabled video understanding technology
21-100 employees
Job no longer available
More information about location
21-100 employees
Company mission
To build the best video understanding platform driven by leading perceptual-reasoning research
Role
Who you are
- Proven experience developing and leading financial systems, strategies, operations, and policies at a tech company or startup
- Exceptional analytical, critical thinking, and financial modelling skills
- Demonstrated ability to collaborate and influence at a leadership level and work cross-functionally with diverse stakeholders
- Experience preparing a company for fundraising rounds
- A bonus if you have experience working with external investors and board members
What the job involves
- We are in search of a Head of Finance to play a pivotal role in driving and shaping our company's financial strategy
- You will be responsible for formulating and implementing financial plans that will unlock the full potential of our organization
- Collaborating closely with the founders and the leadership team, you will ensure that Twelve Labs is strategically positioned for sustainable and scalable growth, setting the stage for long-term success
- This role will require a hands-on approach, with a focus on leveraging financial insights to drive key business decisions and optimize our financial operations
- Report to the Head of Operations and collaborate with the CTO, Head of GTM, and CEO
- Own and create business and revenue models for future fundraising rounds
- Collaborate with our GTM team on pricing strategies
- Work with department heads to manage budget variances, handle invoice processing, and understand the cost and revenue drivers of the business, while ensuring GAAP compliance
- Prepare the company for a future audit, and present the financial model at board meetings and to future investors if necessary
Our take
Developing an algorithm that can understand text or images is (relatively) straightforward. However, the challenge escalates when it comes to understanding video, where these modes merge with audio, and context becomes much harder to grasp.
Twelve Labs has developed a machine learning solution that tackles this challenge by making the inner content of videos both indexable for developers and highly searchable for users. This technology could prove immensely valuable, with use cases extending far beyond simple searchability for end users. It could be employed for more accurate monitoring of community guidelines on social media, enterprise knowledge searches, and a deeper understanding of the value of video content.
With recent funding under its belt, Twelve Labs is set for rapid growth. The investment will drive R&D, nearly double its workforce, and advance its video understanding technology. As it expands, Twelve Labs is well-positioned to lead the future of multimodal AI and revolutionize how organizations extract values from video content.
Steph
Company Specialist at Welcome to the Jungle
Company
Funding (last 2 of 6 rounds)
Dec 2024
$30m
EARLY VC
Jun 2024
$50m
SERIES A
Total funding: $107.2m
Company benefits
- Full health, dental, and vision benefits
- Extremely flexible PTO and parental leave policy. Office closed the week of Christmas and New Years
- Remote-flexible, offices in San Francisco and Seoul and coworking stipend
- VISA support (such as H1B and OPT transfer for US employees)
Company HQ
SoMa, San Francisco, CA
Leadership
Jae Lee
(Co-Founder & CEO)After Interning as a Software Engineer at Samsung and Amazon, they joined the Republic of Korea's Cyber Operations Command as a Lead Data Scientist. Co-founded Twelve Labs after this period of military service.
Aiden Lee
(Co-Founder & CTO)Interned at Korea Advanced Institute of Science and Technology (KAIST) as a Deep Learning Researcher. Completed their National Defense duty as an AI & ML Engineer in the Cyber Operations Command.
Sung Jun (SJ) Kim
(Co-Founder)Served for the Ministry of National Defense as a Lead Software Engineer in the Cyber Operations Command. Before this, they were a Cyber Security Research Scientist at Sungkyunkwan University.
Dave Chung
(Co-Founder)Previously a Project Team Lead at the Institute of East and West Studies (IEWS) at Yonsei University, focusing on the planning and development of the Korean Web 3.0 ecosystem (Funded by the Ministry of ICT).
Soyoung Lee
(Co-Founder)Worked in Risk Assurance for PricewaterhouseCoopers in Seoul before co-founding Twelve Labs.
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