Snorkel AI raises $350 million at $3.5 billion valuation

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Snorkel AI raises $350 million at $3.5 billion valuation
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Tech News | Startups News

Snorkel AI raised $350 million at a $3.5 billion valuation after its annualized revenue run‑rate rose from roughly $20 million to more than $350 million in about a year. Founded in 2019, the company shifted from selling dataset management software to delivering finished datasets, reinforcement‑learning environments and evaluation systems, and launched a data‑as‑a‑service business in September 2025 that drove much of the growth. The new financing will expand its agentic data factory, hiring, enterprise and government sales, and third‑party model evaluations, highlighting rising demand for specialized, human‑augmented training data.

Snorkel's run‑rate rose to over $350 million in about a year

Context

Snorkel began by selling software for dataset management. It shifted to selling finished datasets and launched data‑as‑a‑service in September 2025. The company plans to hire and expand and expects to reach profitability this year.

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