Snorkel AI revolutionizes AI development by converting manual processes into programmatic solutions, enabling enterprises to create AI tailored to their specific workloads significantly faster. The company serves a diverse clientele, including five of the top ten US banks, various government agencies, and numerous Fortune 500 companies.
Cyborg Score Rationale
Snorkel AI has raised $238M in funding from investors like Greylock, Addition and Lightspeed Venture Partners, with a current valuation of $1.3B. The company raised $100 million in Series D funding at a $1.3 billion valuation, led by Addition, with participation from Prosperity 7 Ventures, existing investors Greylock and Lightspeed, and existing strategic investors including BNY and QBE Ventures. Strong enterprise traction and leading investor backing support competitive positioning in the high-growth AI infrastructure market.
Top Insights
Snorkel AI's largest funding round was a Series D round for $100M in May 2025.
Notable customers include BNY, Wayfair, Chubb, the U.S. Air Force, and other Fortune 500 companies and government agencies.
Snorkel AI ranks 1st amongst 138 active competitors, of which 53 are funded.
According to Gartner, through 2026, organizations that fail to establish scalable AI data practices will see over 60% of AI projects abandoned.
Named Competitors
Labelbox — AI data annotation and model evaluation platform
Dataiku — Enterprise AI and machine learning platform
CloudFactory — AI consulting and data engine platform
Collibra — Data governance and intelligence platform
Recent Developments
(May 2025) Raised $100 million Series D at $1.3 billion valuation led by Addition
(May 2025) Launched Snorkel Evaluate for domain-specific AI evaluation and Snorkel Expert Data-as-a-Service for frontier AI model tuning