Labelbox
Fast, fair, easy pricing. No sales call required.
How much does Labelbox cost?
Labelbox operates on a usage-based pricing model with Labelbox Units (LBUs), which are charged based on the volume of data processed. For example, the Catalog product costs $8.33 per month for 83.33 LBUs, which corresponds to consuming data from up to 5,000 data rows. The Annotate and Model products do not have recurring charges and start at $0.00 for the first data row labeled.The pricing structure encourages scaling; as the number of LBUs increases, the cost per LBU decreases. Therefore, negotiating for larger volume discounts or special arrangements for ongoing usage could be advantageous. It's also important to note that Labelbox offers a free tier for educational institutions, which might be beneficial if you qualify.For teams looking for more extensive features or support, the Enterprise plan offers managed services and custom pricing. Engaging in discussions about your anticipated usage could lead to favorable terms, especially if your projected expenses align with their average contract value of approximately $86,152.
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How does Labelbox price and package their products?
View pricing on Labelbox's website
Product:
Free
FreePayment Terms: Monthly based on actual usagePopular Features: 500 LBUs per month
Negotiating with Labelbox
Negotiation Tips
Introduce competitor offers as leverage in your negotiation discussions to highlight the pricing gap. If competitors offer similar functionalities at lower prices, use this information to justify your request for a better deal with Labelbox.
Negotiate lower unit costs with Labelbox as you increase your usage. Emphasize that as your usage grows, your pricing should reflect this volume, potentially negotiating lower rates for future increases.
Request to have the auto-renewal clause removed from the contract. This tactic ensures that you maintain flexibility for future negotiations without being locked into continued service at potentially unfavorable new terms.
Negotiate to include a clause that locks in your current rates for the next term, protecting you from anticipated uplifts. This tactic ensures predictable budgeting and protects against any unforeseen price increases.
Propose your willingness to act as a reference or participate in case studies in exchange for better pricing. This tactic can help build a stronger partnership and encourage Labelbox to offer concessions.
Considerations when buying Labelbox
OwnershipLabelbox is privately owned.
Fiscal year endDecember 31
Best months to buyDecember, January, March
Payment TermsMonthly billing, Pay-as-you-go
Upgrades/downgradesYes, Labelbox offers both upgrades and downgrades for its services, making it easy for users to adjust their resources as their needs change.
Redline thresholdRedline threshold estimate is $50k.
Legal
Additional Info
What is Labelbox?
A complete solution for your training data problem with fast labeling tools, human workforce, data management, a powerful API and automation features.Labelbox's 1 Product
Labelbox
A complete solution for your training data problem with fast labeling tools, human workforce, data management, a powerful API and automation features.Security and compliance
DPA available
SOC2 attestation
Annual penetration tests
News that may impact Labelbox pricing or negotiations
PR Newswire
Labelbox partners with Google Cloud to offer LLM human evaluation servicesApril 10, 2024PR Newswire
Labelbox introduces Large Language Model (LLM) solution to help enterprises innovate with generative AI, expands partnership with Google CloudSeptember 12, 2023PR Newswire
Labelbox Joins Cloud Security AllianceAugust 24, 2023