Snorkel AI Raises $350 Million at $3.5 Billion Valuation

Sep 23, 2026
Snorkel AI raised $350 million in a funding round that values the company at $3.5 billion. It will use the capital to expand its data services for training and evaluating advanced AI systems.
Snorkel AI Raises $350 Million at $3.5 Billion Valuation

Snorkel AI raised $350 million at a $3.5 billion valuation, the company said in a press release. The funding will support its data services for training and evaluating advanced AI systems.

Insight Partners and S32 co led the round, with significant participation from Addition. New investors included March Capital, Blumberg Capital, Allegis Capital, Frontline, Standard and Third Point Ventures.

Snorkel AI plans to increase the capacity of its agentic data factory, which supplies expert tasks, environments and evaluation rubrics to AI labs and enterprises. It will also invest in data services for specific industries, expand its research into new domains and modalities, and support open research programs.

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