Tech Company Financing Transactions

Snorkel AI Funding Round

Snorkel AI, operating out of Palo Alto, received $85 million from Addition Capital, BlackRock and Greylock Partners.

Transaction Overview

Company Name
Announced On
8/10/2021
Transaction Type
Venture Equity
Amount
$85,000,000
Round
Series C
Investors

Addition Capital (Lead Investor) (Lee Fixel)

BlackRock (Lead Investor) (Tony Kim)

Greylock Partners (Saam Motamedi)

GV

Lightspeed Venture Partners

Nepenthe

Walden Venture Capital

Proceeds Purpose
The new funding will enable Snorkel AI to bring the transformative impact of data-centric AI to more enterprises around the world.

Company Information

Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
550 Hamilton Ave. 300
Palo Alto, CA 94301
USA
Phone
Undisclosed
Email Address
Overview
Built on cutting-edge research, proven in production. Snorkel AI started as a research project in the Stanford AI Lab in 2016, where we set out to explore a higher-level interface to machine learning through programmatically labeled and managed training data.
Profile
Snorkel AI LinkedIn Company Profile
Social Media
Snorkel AI Company Twitter Account
Company News
Snorkel AI News
Facebook
Snorkel AI on Facebook
YouTube
Snorkel AI on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Alex Ratner
  Alex Ratner LinkedIn Profile  Alex Ratner Twitter Account  Alex Ratner News  Alex Ratner on Facebook
Chief Technical Officer
Braden Hancock
  Braden Hancock LinkedIn Profile  Braden Hancock Twitter Account  Braden Hancock News  Braden Hancock on Facebook
Co-Founder
Chris Re
  Chris Re LinkedIn Profile  Chris Re Twitter Account  Chris Re News  Chris Re on Facebook
Co-Founder
Paroma Varma
  Paroma Varma LinkedIn Profile  Paroma Varma Twitter Account  Paroma Varma News  Paroma Varma on Facebook
VP - Engineering
Henry Ehrenberg
  Henry Ehrenberg LinkedIn Profile  Henry Ehrenberg Twitter Account  Henry Ehrenberg News  Henry Ehrenberg on Facebook
VP - Finance
Jordan Windmueller
  Jordan Windmueller LinkedIn Profile  Jordan Windmueller Twitter Account  Jordan Windmueller News  Jordan Windmueller on Facebook
VP - Marketing
Devang Sachdev
  Devang Sachdev LinkedIn Profile  Devang Sachdev Twitter Account  Devang Sachdev News  Devang Sachdev on Facebook
VP - Sales
Karim Tarmohamed
  Karim Tarmohamed LinkedIn Profile  Karim Tarmohamed Twitter Account  Karim Tarmohamed News  Karim Tarmohamed on Facebook


 

 

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We report on all VC transactions involving tech companies. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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