# Snorkel AI raises $350 million at $3.5 billion valuation

Digest AI · Business & Funding · published 2026-09-22T14:50:01Z

Canonical: https://digestai.news/story/snorkel-ai-raises-350-million-at-3-5-billion-valuation

## Summary

Snorkel AI announced a fresh funding round of $350 million, bringing its valuation to $3.5 billion, CEO Alex Ratner told Reuters. The startup describes its offering as an “agentic data development platform” that pairs human workers with AI agents to create and vet data used for training machine‑learning models. 

The capital infusion is intended to expand the platform’s capabilities and scale its services for enterprises that need large, high‑quality datasets. No investors were named in the report, and the terms of the round were not disclosed beyond the total amount and valuation.

## Key points

- Snorkel AI secured $350 million in new funding, according to CEO Alex Ratner.
- The round values the company at $3.5 billion.
- Snorkel’s platform combines human workers with AI agents to create and vet data for machine‑learning models.

## Why it matters

The funding gives Snorkel AI resources to scale its agentic data platform, addressing the growing demand for high‑quality training data in AI development.

## Sources

1. [Snorkel AI, which offers an "agentic data development platform" with humans and AI agents to create and vet data, raised $350M at a $3.5B valuation](https://reuters.com/legal/transactional/snorkel-ai-valued-35-billion-amid-surging-demand-complex-ai-training-data-2026-09-22) (reuters.com, 2026-09-22)

## Cite

Digest AI, "Snorkel AI raises $350 million at $3.5 billion valuation", 22 September 2026, https://digestai.news/story/snorkel-ai-raises-350-million-at-3-5-billion-valuation

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