Accenture invests in Snorkel AI to boost data-dentric finance AI
NEW YORK, UNITED STATES — Professional services firm Accenture has made an investment in Snorkel AI.
While the terms of the investment were not disclosed, it aims to help financial services firms build and scale AI solutions faster by curating high-quality datasets for training and evaluating AI models.
The investment, made through Accenture Ventures, will focus on enabling clients to deploy AI systems more quickly, securely, and effectively in regulated environments.
Snorkel AI’s flagship platform transforms disparate, siloed data and domain knowledge into AI-ready datasets using automation and repeatable workflows.
This data-centric approach addresses one of AI development’s biggest challenges—creating accurate, high-quality training and evaluation data.
“Our clients are looking to harness AI in ways that are fast, secure, and aligned to real business outcomes,” said Tom Lounibos, global lead for Accenture Ventures.
“Snorkel’s unique approach solves one of the most persistent pain points in AI development—high-quality datasets for training and evaluation of AI models.”
Focus on financial services transformation
The collaboration will initially target the banking and capital markets sector, where interpreting and labeling vast amounts of data is a persistent hurdle.
“As banks accelerate their adoption of AI, the ability to generate high-quality, accurate insights from disparate data sources has become a strategic imperative,” said Jared Rorrer, Accenture’s Americas Banking & Capital Markets industry lead.
“Snorkel’s advanced data preparation platform streamlines the curation and delivery of AI-ready data, allowing banks to build more accurate, scalable, and secure AI solutions.”
Alex Ratner, Co-founder and CEO of Snorkel AI, called the partnership “a major milestone in our mission to make data-centric AI the foundation of enterprise innovation,” adding that many companies “still lack the domain-specific data and expertise needed to move from prototype to production.”
Global reach and AI expertise
Accenture, headquartered in Dublin, operates in more than 120 countries with approximately 791,000 employees. It offers services in strategy, consulting, technology, operations, Industry X, and creative solutions through Accenture Song, generating multi-billion-dollar annual revenues.
Accenture generated $17.7 billion in revenue last quarter. It recently invested in YearOne, a rising provider of AI-powered orchestration platforms for software teams. After two years on top, Accenture dropped to rank #2 in the OA500 2025, an objective index of the world’s top 500 outsourcing companies.
Snorkel AI, meanwhile, was launched from the Stanford AI Lab. It serves Fortune 500 clients, including BNY and Experian, as well as U.S. government agencies. Its platform supports the evaluation and tuning of specialized AI systems at scale.
As part of the deal, Snorkel will join Accenture Ventures’ Project Spotlight, an accelerator program giving startups access to Accenture’s global network and industry expertise.
Other Accenture transactions made through Project Spotlight this year include Reserv, GoUpscale, OPAQUE, and Voltron Data.
