Snorkel

Founded: 2019

Top Executive: Alexander Ratner, Co-Founder, CEO

Snorkel has its roots in the Stanford University AI Lab where the company’s five founders researched ways to address the problem of the lack of labeled training data for machine learning development.

The Snorkel Flow data-centric system, which Snorkel just made generally available in March, accelerates AI and machine learning development through the use of programmatic labeling, a key step in data preparation and machine learning model development and training.

Snorkel’s company valuation hit $1 billion in August 2021 when the startup, based in Redwood City, Calif., raised $85 million in Series C funding, financing the company is using to grow its engineering and sales teams and accelerate development of its platform.

Website: https://snorkel.ai/