Snorkel AI
An AI platform that lets you label data, train models, improve performance and deploy applications.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor investor investor | €0.0 | round |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
| investor investor | €0.0 | round | |
| investor investor investor investor investor investor | €0.0 | round | |
| investor investor investor investor investor investor | €0.0 Valuation: €0.0 | round | |
| investor | €0.0 | round | |
* | $100m Valuation: $1.3b | Series D | |
| Total Funding | 000k | ||
| USD | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | 34 % | - |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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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. Operating in the enterprise AI market, Snorkel AI's business model focuses on providing proprietary data and knowledge to expedite AI deployment. Revenue is generated through enterprise contracts and partnerships. Originating from research at Stanford AI lab, Snorkel AI's technology is utilized by leading organizations such as Google, Intel, Apple, IBM, and DARPA. The company is headquartered in Palo Alto and is supported by prominent investors including Addition, Greylock, GV, In-Q-Tel, Lightspeed Venture Partners, and BlackRock-managed funds.
Keywords: AI development, programmatic solutions, enterprise AI, proprietary data, Stanford AI lab, US banks, government agencies, Fortune 500, Palo Alto, investors.