Home/Events/Snorkel AI Raises $350 Million Series E, Triples Valuation to $3.5 Billion

Snorkel AI Raises $350 Million Series E, Triples Valuation to $3.5 Billion

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Impact: 80%
Updated 1h ago

Consensus Brief

Snorkel AI has raised $350 million in a Series E funding round, increasing its valuation to $3.5 billion, nearly triple its previous valuation of $1.3 billion from 17 months ago. The company has shifted its focus from data labeling automation to providing completed datasets as a data-as-a-service offering, reflecting the growing demand for AI training data.

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Primary: TechCrunch

What Changed Since Last Update

1h ago

Snorkel AI's valuation has tripled from $1.3 billion to $3.5 billion since its last funding round.

Claim Ledger

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Confirmed Fact

Snorkel AI raised $350 million in a Series E funding round.

Confirmed Fact

Snorkel AI's valuation increased to $3.5 billion.

Confirmed Fact

Snorkel AI's annualized revenue run-rate is now $375 million.

Confirmed Fact

Snorkel AI shifted to providing completed datasets as a data-as-a-service offering.

Role-Based Impact Analysis

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