Updated 8 Nov 2026
Encord vs Labelbox, by the numbers.
Labelbox ranks higher by the money on record: its valuation is on record, $1.3B (2026), and Encord's is not, so Encord is ranked on $90M raised.
Both sell expert and human data and evaluations and benchmarks. Only Encord sells labeling software, annotation and datasets. Only Labelbox sells RL environments. Every figure below is linked to the filing or article it comes from; what each sells is in its own words, from its own pages.
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Side by side
Revenue over twelve months, the newest valuation, disclosed funding and what each says it does.
| Encord | Labelbox | |
|---|---|---|
| Encord | Labelbox | |
| Place on the rankings | #26 of 78 | #21 of 78 |
| Ranked on | $90M Money raised, disclosed | $1.3B Valuation, 2026 |
| Revenue, twelve months | Not on record | Not on record |
| Newest valuation | Not on record | $1.3B Oct 2026 |
| Disclosed funding | $90M in 2 records | $100M in 1 record |
| Sells | Labeling software, Annotation, Expert and human data, Datasets, Evaluations and benchmarks | RL environments, Expert and human data, Evaluations and benchmarks |
| Works on | Images and video, Robotics, Medical, Business work, Finance, Speech and audio | Coding, Business work, Finance, Legal, Medical, Robotics, Speech and audio, Images and video |
| Made from | Made by experts and contractors, Recorded from people and the real world, Generated | Recorded from people and the real world, Made by experts and contractors |
| Takes data from companies | Does not say so | Its own programme |
| Headquarters | London, UK and San Francisco, California, US (dual headquarters) | San Francisco, California, US |
| Founded | 2021 | 2018 |
| In its own words | “Access expert annotators, domain specialists, and managed collection pipelines - fully integrated with the Encord platform.” Its page | “Labelbox builds the environments frontier labs train AI on, and the agents engineering and research teams hand their backlog to.” Its page |
- The rule.
- Each company is ranked on the first of these it has on record: its revenue over twelve months (a run rate or a year as published, or its last four quarters added up; an AI segment where the rest of its business is not AI data), then its newest valuation, then the money it disclosed raising. No company pays for a place. The full method and every change to it.
- Twelve months.
- A run rate or ARR is the company's own annualised figure; a year is the year it published. Gross revenue of a human data company includes what it pays its experts.
- Pays companies for data.
- "Through our introductions": it takes companies' data through AIData.Broker's introductions and pays us a referral fee when one goes ahead. That never moves its place: the order is the money on record. "Its own programme": a published programme for buying data. "Says it buys data": its own words, linked.
- Why this pair.
- People search for this comparison: Google suggests it, read on 8 Nov 2026. Neither company asked for or paid for this page.
Selling your company's data to Encord or Labelbox
What each says it pays a company for its data, what it wants and when it pays, in its own published terms.
| Encord | Labelbox | |
|---|---|---|
| Takes data from companies | Does not say so | Its own programme |
| What it says it pays | Not published | $50K to $1M Labelbox Prism, home page, 5 Nov 2026 |
| What it wants | Not published | Work documents (coding sessions, scientific and financial workflows, research traces) and operational systems (Salesforce, Jira, Slack, SAP, ServiceNow, Zendesk, CAD, financial workbooks). Its page marks financial and scientific reasoning traces and cross-system workflow data as urgent. |
| When it pays | Not published | "From first call to first wire in under 21 days", with a written quote within 48 hours of scoping. It pays an upfront licensing fee at signing plus a revenue share on downstream use. |
You need not choose one: AIData.Broker values a company's data free and introduces it to every buyer whose own rules take it. Value your data
On the same rankings
The lists both are ranked on, with each one's place.
- Speech and audio training data companiesEncord #7, Labelbox #6 of 20
- Best AI data collection companiesEncord #11, Labelbox #8 of 30
- Robotics training data companiesEncord #11, Labelbox #8 of 31
- Finance AI training data companiesEncord #12, Labelbox #10 of 25
- Video and image training data companiesEncord #13, Labelbox #11 of 37
- Medical AI training data companiesEncord #15, Labelbox #12 of 26
- Best AI data labs and human data companiesEncord #20, Labelbox #17 of 41
- AI evaluation companiesEncord #24, Labelbox #19 of 60
The latest money moves
The newest rounds, valuations and revenue figures of the two, each linked to its record.
- 14 Oct 2026Labelbox raised $100M at a $1.3B valuation
- 26 Feb 2026Encord raised $60M
- 10 Feb 2026Labelbox was acquired by Labelbox
- 13 Aug 2024Encord raised $30M
The questions people ask
- Is Encord bigger than Labelbox?
- Labelbox ranks higher by the money on record: its valuation is on record, $1.3B (2026), and Encord's is not, so Encord is ranked on $90M raised.
- What is the difference between Encord and Labelbox?
- Encord sells data annotation, expert data collection, and evaluation services, plus a data platform, to AI teams building physical and multimodal AI. Labelbox builds the environments and expert data frontier AI labs train on, and AI agents for engineering and research teams. Both sell expert and human data and evaluations and benchmarks. Only Encord sells labeling software, annotation and datasets. Only Labelbox sells RL environments.
- Which raised more money, Encord or Labelbox?
- Encord: $90M disclosed. Labelbox: $100M disclosed, valued at $1.3B (2026).
- Do Encord and Labelbox buy data from companies?
- Encord does not say it buys data from companies. Labelbox takes data from the companies that hold it, through a published programme.
More comparisons
Each company against its whole field, and the other comparisons people search.