{
  "id": 9145706,
  "title": "Snorkel AI valued at $3.5 billion amid surging demand for complex AI training data",
  "url": "https://urgent.news/2026/09/22/snorkel-ai-valued-at-3-5-billion-amid-surging-demand-for-complex-ai",
  "topic": "ai",
  "section": "AI",
  "published": "2026-09-22T13:22:22.000Z",
  "source": {
    "name": "Economic Times Tech",
    "slug": "economic-times-tech",
    "url": "https://economictimes.indiatimes.com/tech/artificial-intelligence/snorkel-ai-valued-at-3-5-billion-amid-surging-demand-for-complex-ai-training-data/articleshow/134413610.cms"
  },
  "original_language": "en",
  "account": "Snorkel AI, a data startup valued at $3.5 billion, has secured $350 million in fresh funding, led by Insight Partners and S32, according to its CEO Alex Ratner. The surge in demand for complex training data from frontier AI labs has driven rapid growth for the San Francisco-based company. Since its founding in 2019 by researchers from Stanford AI lab, Snorkel AI has transitioned from selling software to providing finished datasets and reinforcement-learning environments directly to customers. The company's annual revenue has surged from $20 million to over $350 million, thanks to its data-as-a-service business launched in September 2025. Snorkel AI now offers an \"agentic data development platform\" that combines human experts with thousands of specialized AI models and agents to create and vet data. The startup collaborates with AI labs, hyperscalers, enterprises, and the US federal government to generate high-quality datasets. The company expects to reach profitability this year and plans to expand into new industry verticals and data modalities.",
  "summary": "Led by Insight Partners and S32, the funding round included participation from existing investors Addition, Greylock and Wells Fargo, the company said. The deal values the company at nearly three times the $1.3 billion valuation achieved when it last raised $100 million in May 2025.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}