About Snorkel AI
Snorkel AI is a company based in Palo Alto (United States) founded in 2015 by Chris Re, Paroma Varma, Alexander Ratner, and Henry Ehrenberg.. Snorkel AI has raised $238.3 million across 7 funding rounds from investors including Accenture, Lightspeed Venture Partners and BlackRock. Snorkel AI offers products and services including Snorkel Flow, GenAI Evaluation, and GenAI Optimization. Snorkel AI operates in a competitive market with competitors including DataLoop, Labelbox, Granica, Figure Eight and Bifrost, among others.
- Headquarter Palo Alto, United States
- Founders Chris Re, Paroma Varma, Alexander Ratner, Henry Ehrenberg
- Stage Unicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Snorkel Ai, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$238.3 M (USD)
in 7 rounds
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Latest Funding Round
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Investors
Accenture
& 11 more
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Employee Count
Employee Count
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Products & Services of Snorkel AI
Snorkel AI offers a comprehensive portfolio of products and services, including Snorkel Flow, GenAI Evaluation, and GenAI Optimization. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for accelerating AI application development with programmatic data.
System for evaluating and optimizing generative AI models for enterprises.
Tools to improve RAG pipelines and LLMs for domain-specific tasks.
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Funding Insights of Snorkel AI
Snorkel AI has successfully raised a total of $238.3M across 7 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Last Round
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First Round
First Round
(01 Jun 2019)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2025 | Amount | Series D - Snorkel AI | Valuation |
investors |
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| May, 2025 | Amount | Series D - Snorkel AI | Valuation | Addition | |
| Jan, 2024 | Amount | Series C - Snorkel AI | Valuation | QBE Group |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Snorkel AI
Snorkel AI has secured backing from 12 investors, including institutional and venture fund investors. Prominent investors backing the company include Accenture, Lightspeed Venture Partners and BlackRock. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm specializing in early-stage tech investments and founder support.
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Founded Year | Domain | Location | |
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Corporate backed venture capital fund investing in multiple sectors
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Founded Year | Domain | Location | |
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Snorkel AI
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Snorkel AI
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Snorkel Ai Comparisons
Competitors of Snorkel AI
Snorkel AI operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as DataLoop, Labelbox, Granica, Figure Eight and Bifrost, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of an AI annotation and management platform
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| domain | founded_year | HQ Location |
Training data platform for AI applications is provided.
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| domain | founded_year | HQ Location |
AI efficiency platform for AI training
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| domain | founded_year | HQ Location |
Offers AI training data, annotation, and services for enterprise AI development.
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| domain | founded_year | HQ Location |
Interoperability among blockchain networks is facilitated by decentralized cross-chain protocols.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Snorkel Ai
Frequently Asked Questions about Snorkel AI
When was Snorkel AI founded?
Snorkel AI was founded in 2015 and raised its 1st funding round 4 years after it was founded.
Where is Snorkel AI located?
Snorkel AI is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Who is the current CEO of Snorkel AI?
Alexander Ratner is the current CEO of Snorkel AI. They have also founded this company.
Is Snorkel AI a funded company?
Snorkel AI is a funded company, having raised a total of $238.3M across 7 funding rounds to date.
What does Snorkel AI do?
Snorkel AI was founded in 2015 in Palo Alto, United States, within the AI software sector. A platform is offered that enables programmatic labeling and curation of large datasets for AI model development. Domain expertise is encoded through code, automating processes like filtering, slicing, and task management. Services support efficient data preparation across various AI applications in a U.S.-based operation.
Who are the top competitors of Snorkel AI?
What products or services does Snorkel AI offer?
Snorkel AI offers Snorkel Flow, GenAI Evaluation, and GenAI Optimization.
Who are Snorkel AI's investors?
Snorkel AI has 12 investors. Key investors include Accenture, Lightspeed Venture Partners, BlackRock, BNY, and QBE Group.
What is Snorkel AI's valuation?
The valuation of Snorkel AI is $1B as of Aug 2021.