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Sep 22, 2026

Snorkel AI raises $350M at $3.5B valuation for AI training data

Data startup Snorkel AI raised $350 million in Series E funding at a $3.5 billion valuation, tripling its previous valuation amid surging demand from frontier AI labs for complex training data and simulated environments.

Sep 22, 2026·2 sources
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May 5, 2026

Suno Pursues New Funding Round Six Months After $250 Million Raise

AI music company Suno is in the midst of a Series D funding round, just six months after raising $250 million at a $2.5 billion valuation in November 2025.

May 5, 2026·1 source
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Top claims

  • ▪Snorkel AI plans to use the $350 million in fresh capital to hire researchers and engineers, expand enterprise and government operations, and support third-party AI model evaluations
  • ▪Snorkel AI expects to reach profitability in 2026, even as the company continues to prioritize growth
  • ▪Snorkel AI sells completed data products rather than charging for human labor, accounting for payments to its network of specialists under cost of goods sold to preserve profit margins

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