Snorkel AI triples valuation to $3.5B as demand for AI training data booms
Snorkel says its revenue run-rate has jumped 18x in a year, to $375 million.
The Series E was led by Insight Partners and S32, with existing backers including Addition, Lightspeed, Greylock, GV, and Wells Fargo joining. Snorkel has moved from data-labeling automation into “data-as-a-service,” selling completed datasets and reinforcement learning environments. The company says it uses a hybrid model, combining synthetic data from its software and models with work from subject matter experts. TechCrunch AI's note
The Series E was led by Insight Partners and S32, with existing backers including Addition, Lightspeed, Greylock, GV, and Wells Fargo joining. Snorkel has moved from data-labeling automation into “data-as-a-service,” selling completed datasets and reinforcement learning environments. The company says it uses a hybrid model, combining synthetic data from its software and models with work from subject matter experts. TechCrunch AI's note
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