Snorkel AI Raises $100M in Series D Funding at a $1.3 Billion Valuation

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Here’s a summary based on the provided information:

Startup:

  • Name: Snorkel AI
  • Website: snorkel.ai
  • Location: Redwood City, CA

Founders:

  • CEO: Alex Ratner

Fundraise Details:

  • Series: Series D
  • Amount Raised: $100 million
  • Valuation: $1.3 billion
  • Date: May 30, 2025

Investors:

  • Lead Investor: Addition
  • Other Participating Investors:
    • Prosperity 7 Ventures
    • Greylock
    • Lightspeed
    • BNY
    • QBE Ventures

Total Funding:

  • Total Raised Since Founding: $237 million
  • Founded: 2019

Purpose of Funds:

  • Accelerate growth
  • Support the launch of new products:
    • Snorkel Evaluate
    • Snorkel Expert Data-as-a-Service

This overview provides a concise look at Snorkel AI’s recent funding round and key details.

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2025-05-30 08:37:04