What does Snorkel AI do?
Snorkel AI offers an AI data development platform that empowers enterprises to curate AI-ready data and build specialized evaluation systems for deploying robust AI solutions.
How much did they raise?
The company raised $100M in a Series D round at a $1.3B valuation, led by Addition with participation from Prosperity 7 Ventures, Greylock, Lightspeed, BNY, and QBE Ventures.
What are their plans for the money?
Snorkel AI plans to use the funds to accelerate growth and support the launch of its new product offerings, Snorkel Evaluate and Snorkel Expert Data-as-a-Service, which will enable enterprises to scale evaluation workflows and create expert datasets for advanced AI systems.
What have they achieved so far?
Since its founding in 2019, Snorkel AI has raised a total of $237M and already established significant industry partnerships, particularly with LLM developers for specialized dataset creation.
