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Snorkel AI has raised $350 million in fresh funding at a valuation of $3.5 billion, led by Insight Partners and S32, with participation from Addition, Greylock, and Wells Fargo.

PRIVATESep 22, 2026about 3 hours ago

Amount Raised

$350 Million

Round Type

Venture - Series Unknown

Palo Alto

Investors

Wells FargoGreylockAdditionS32Insight Partners

Description

Data startup Snorkel AI has secured $350 million in a funding round amid surging demand for complex AI training data. The company is now valued at $3.5 billion. This follows a previous valuation of $1.3 billion after raising $100 million in May 2025. Snorkel AI is focused on providing advanced datasets for AI training and evaluation.

Company Information

Company

Snorkel Ai

Location

Palo Alto, California, United States

About

Founded by a team spun out of the Stanford AI Lab, Snorkel AI’s mission is to make AI practical by focusing on the training data problem. Snorkel Flow is the first end-to-end machine learning platform that programmatically labels and manages the training data. Backed by Greylock, GV, and In-Q-Tel, the team is based in Palo Alto. For more information on Snorkel AI, please visit: https://www.snorkel.ai/

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Snorkel Ai raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.