Armenian Startup SuperAnnotate Raises $50M to Accelerate AI Data Annotation

SuperAnnotate, an Armenian-founded AI data annotation platform, has raised an additional $13 million in its Series B round, led by Dell Technologies Capital. Other major Series B investors, including NVIDIA, Cox Enterprises, and Databricks, also joined the round.

This brings the total Series B funding to $50 million, reinforcing SuperAnnotate’s position as a major player in the global AI data infrastructure space.

SuperAnnotate is a comprehensive platform for annotating, managing, and automating AI training data across images, videos, text, and audio. It provides high-quality tools for:

Precise labeling (bounding boxes, polygons, keypoints, segmentation)

Team and project management

Automated workflows and quality control

Founded in 2019 by Armenian brothers Vahan and Tigran Petrosyan, the startup has R&D roots in Armenia and a global presence.

Competing With Giants

SuperAnnotate is now seen as a serious competitor to leading annotation platforms like Scale AI (recently acquired by Meta) and Surge AI. It empowers teams to streamline the complex and time-consuming process of training AI models with high-quality labeled data.

“Everyone wants to build AI tools today, but the biggest challenge is data preparation,” said Vahan Petrosyan, co-founder and CEO.

“We’re building the tools that make it simple to manage and scale data for modern AI applications.”

Elana Lian, investment partner at Dell Technologies Capital, said:

“SuperAnnotate’s platform is becoming essential for scaling enterprise AI projects.
Access to large-scale, human-labeled data is critical for training advanced models like LLMs, and SuperAnnotate is delivering exactly that.”

According to the company, its customer base has tripled over the past year, with major clients including Databricks, Canva, and others across various industries.