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
Not available
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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
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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.
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.
People of Snorkel AI
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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.
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.
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Venture capital firm specializing in early-stage tech investments and founder support.
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Corporate backed venture capital fund investing in multiple sectors
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Investor details for Snorkel AI
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Investments & Acquisitions by Snorkel AI
Investment portfolio details for Snorkel AI
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Financial Statements - Snorkel AI
Detailed financials for Snorkel AI
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Snorkel Ai Comparisons
Peer comparison for Snorkel AI
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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.
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Provider of an AI annotation and management platform
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Training data platform for AI applications is provided.
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AI efficiency platform for AI training
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Offers AI training data, annotation, and services for enterprise AI development.
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Interoperability among blockchain networks is facilitated by decentralized cross-chain protocols.
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Detailed competitors of Snorkel AI
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Latest news on Snorkel Ai
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Frequently Asked Questions about Snorkel AI
Snorkel AI was founded in 2015 and raised its 1st funding round 4 years after it was founded.
Snorkel AI is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Alexander Ratner is the current CEO of Snorkel AI. They have also founded this company.
Snorkel AI is a funded company, having raised a total of $238.3M across 7 funding rounds to date.
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.
Snorkel AI offers Snorkel Flow, GenAI Evaluation, and GenAI Optimization.
Snorkel AI has 12 investors. Key investors include Accenture, Lightspeed Venture Partners, BlackRock, BNY, and QBE Group.
The valuation of Snorkel AI is $1B as of Aug 2021.