Snorkel AI Secures $350 Million to Expand Data Factory
Funding will enhance Snorkel's capabilities in AI data development.
Snorkel AI has successfully raised $350 million in a funding round co-led by Insight Partners and S32, reaching a valuation of $3.5 billion. This investment aims to expand the company's agentic data factory, which is crucial for developing the data and environments needed for advanced artificial intelligence systems.
The funding round also saw contributions from new investors such as March Capital and Blumberg Capital, alongside significant backing from existing investors including Addition and Greylock. Snorkel plans to use this capital to enhance its offerings in the rapidly evolving landscape of AI data, moving beyond traditional data labeling to more complex expert-driven tasks.
According to Alex Ratner, co-founder and CEO of Snorkel AI, "The teams pushing the frontier want a research data partner who pioneers the science of data development." Snorkel's approach integrates human expertise with over a decade of research, positioning it as a leader in the field of data-centric AI.
The company, which spun out of Stanford University's AI Lab, has established itself as a key player in providing data solutions for AI labs and enterprises. Its expert Data-as-a-Service offering, launched in September 2025, has contributed to its rapid growth, addressing the increasing demand for high-quality, complex data environments.
Notably, Snorkel's work is backed by a substantial body of research, including over 250 peer-reviewed papers, underscoring its commitment to advancing the science of AI data. The firm is focused on meeting the needs of industries such as healthcare, law, and software engineering, where reliable AI systems are essential.
With this latest funding, Snorkel intends to scale its operations to meet demand and invest further in open research initiatives, including its Open Benchmarks Grants program. This will enable the company to explore new domains and modalities in AI, enhancing its contributions to the industry.
The announcement was made public through PR Newswire, reflecting Snorkel AI's significant role in shaping the future of AI data development and its commitment to fostering innovation in the field.
This is an independent summary of a press release originally distributed via PR Newswire. GAX Online was not paid for this coverage.
Have news to announce?
Get your launch, funding round, or partnership covered on GAX Online, in front of tech buyers and the AI answer engines that cite us.
Submit your press release →