Snorkel Company Overview
Snorkel provides an artificial intelligence-powered programmatic data labeling tool that extracts information from text documents like scientific articles and electronic health records. The tool employs theoretically grounded techniques for data augmentation and slicing, allowing users to identify and utilize critical subsets of data. This functionality supports efficient access to structured data resources in various domains, including bioinformatics. Snorkel serves the business and productivity software industry, focusing on enhancing data analytics and document intelligence.
FAQ
Does Snorkel have stock?
Yes, Snorkel and almost all privately held companies issue stock so founders, employees, and investors can participate in equity ownership. However, because Snorkel is privately held, it is more challenging to acquire shares than if the company was publicly traded.
Is Snorkel publicly traded?
No, Snorkel is a privately held company. It is not publicly traded or offered directly on any stock exchange like the NYSE, Nasdaq, etc.
Who owns Snorkel stock?
As a privately held company, Snorkel shares are held by its founders, management, employees, venture capital funds, or other private individuals and institutional investors.
Disclosure rules differ for private and public companies, so it may not always be possible to know the complete ownership (cap table) of a private company like Snorkel.
What is the stock symbol for Snorkel?
Snorkel is a privately held company. Therefore, it does not have a stock symbol or “ticker” that trades on public exchanges like the NYSE, Nasdaq, etc.
Can I buy Snorkel stock on UpMarket?
If you would like to buy shares in Snorkel, please provide your information in the form at the top of this page and click the button titled “I want to buy this stock.”
One of our investor relations team members will contact you to discuss Snorkel stock availability. Note: inquiries are non-binding, subject to market availability, and shares may only be purchased by accredited investors that meet all eligibility criteria.
UpMarket has offered many similar companies as Pre-IPO investments, including Airbnb, SpaceX, ByteDance, Plaid, Kraken, Databricks, and others. UpMarket also often has funds available that invest in a portfolio of companies potentially including, Snorkel as well.
What is Snorkel stock price?
The stock price of Snorkel can be calculated by taking the valuation of the company divided by the number of shares outstanding. Because a private company can issue new shares at any time, we do not know the current number of shares outstanding.
How do Snorkel pre-IPO trades work?
Pre-IPO trades for Snorkel will typically involve accredited investors purchasing shares from current shareholders through specialized investment platforms like UpMarket. Trades generally occur on the secondary market, meaning Snorkel doesn't issue new shares or receive capital–shares are privately exchanged between two parties.
While investors aim to profit from a potential IPO or acquisition, these investments carry high risks due to limited liquidity and information. Understanding all terms and conditions is crucial, as each transaction can have unique characteristics. Investing in private companies can be extremely risky and may result in significant capital loss.
When is Snorkel going to go public?
The decision to go public through an Initial Public Offering (IPO) is complex and depends on various factors, including the company's financial performance, market conditions, and strategic goals.
Unless Snorkel officially announces its intention to go public, any predictions about when or if it will do so would be speculative.
Investors interested in Snorkel should monitor official company communications and reliable financial news sources for any updates regarding potential IPO plans.
How do I exit my investment if I invest in Snorkel with UpMarket?
Exiting your investment in Snorkel typically involves one of these scenarios: 1) selling your shares on a secondary market to other interested investors; 2) holding shares until a liquidity event occurs, such as the company going public (IPO) or being acquired.
Investors must know that the timing and availability of these exit options are inherently unpredictable, and there is no guarantee of when or if they will occur.
How can I sell Snorkel shares?
If you own Snorkel shares, you may be able to find a buyer on a pre-IPO marketplace or via an introduction by a registered broker-dealer like UpMarket. It is important to note that the class of shares you own may impact your ability to sell. For example, shares issued to startup employees often have transaction limitations, including lock-up periods and a right of first refusal by the company, which may prevent you from selling your shares freely.
How does UpMarket estimate the valuation of Snorkel?
UpMarket’s valuation estimate for Snorkel is algorithmically generated based on recent primary round financings by Snorkel, market conditions, company popularity, sector performance, and public market comps.
It is important to note that UpMarket’s valuation estimate for Snorkel could be outdated, may not reflect all recent news or market events, and is not intended to inform any investment decision-making. UpMarket’s valuation estimate is not meant to be a warranty or projection of potential financial returns or company performance. Valuations can change rapidly and unexpectedly.
Why choose UpMarket?
UpMarket was founded in 2019 and has helped hundreds of investors access alternative investments. UpMarket is a licensed broker-dealer based in the United States. UpMarket customers have invested over $150 million in pre-IPO companies, hedge funds, private equity, real estate, and other alternatives.
If you are an accredited investor, you can create a free account to access our deal flow and opportunities. There is never any pressure to invest.
UpMarket clients have invested in companies like
Snorkel,
SpaceX, Neuralink, Anthropic, and many others. UpMarket and its leadership have been mentioned in media outlets like Forbes, WealthManagement, Wealth and Finance News, and TechBullion.
Snorkel Management
| Name | Position |
|---|---|
| Alexander Ratner | CEO |
