Big round · 1 September 2026

Snorkel AI raises $350M growth round led by S32

By Millionrounds ResearchPublished 23 September 2026Updated 8 October 2026

Snorkel AI, based in United States, has raised $350M in a growth round led by S32, announced on 1 September 2026. 17 other investors joined. It is the 151st largest equity round we recorded in the twelve months to that date, and the 62nd largest growth round of 239. The median growth round over the same period was $120M, so this one is 2.9 times that. Its previous round on record was a venture round in August 2025, 13 months earlier.

Raised$350M4 sources reported it
StageGrowth1 earlier round on record
Investors181 named as lead
Where USUnited States

AIBig Data & AnalyticsData InfrastructureEducationEnterprise Software

How big is it?

Against every equity round we recorded in the twelve months to 1 September 2026. Ranks count companies, so the same raise reported twice is counted once.

#151equity round of the last twelve months
#62growth round of 239 in that time
#108round in United States, of 1,121
This round$350M
Median growth round$120M

2.9 times the median growth round of the last twelve months.

Who invested

Also in the round

Funding history

  1. September 2026Growth$350M
  2. August 2025VentureUndisclosed

$350M raised across the 2 rounds we hold.

Reported by

  1. TechStartups22 September
  2. Insight Partners22 September
  3. Blumberg Capital23 September
  4. Ventureburn23 September

The round's figures come from these reports; each link opens the original.

Other big rounds that week

Crusoe$3.0B GrowthVVAST$446M Series BFFélix$200M Series CScan.com$220M Growth
The companySnorkel AI on Millionrounds→Weekly roundupWeek of 31 August→Monthly roundupSeptember 2026→