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Venture Capital News: Snorkel AI Swallows $85M in Series C

2021-08-09
PALO ALTO, CA, Snorkel AI announces $85 million in Series C funding co-led by Addition and BlackRock.
Snorkel AI, a data-centric AI platform company, announced $85 million in Series C funding, bringing the total funding raised to $135 million.

Snorkel AI is now valued at $1 billion.

The new round was co-led by Addition, a new investor in Snorkel AI, and funds and accounts managed by BlackRock, a previous investor. Other previous investors Greylock, GV, Lightspeed Venture Partners, Nepenthe Capital and Walden also participated.
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