Hugging Face

An online platform where developers and organizations host, share and deploy machine-learning models, datasets and demo applications. It also maintains open-source machine-learning libraries such as Transformers.

Artificial intelligenceOpen-source AI model and dataset hubNew York, United States
FoundersSince 2016
Valuation
$4.5B
Total raised
$395M
Last round · Aug 2023
Series D
Founded
2016
Employees
170
Quarters in VP50
9

Valuation

$1B$10B2023$4.5B
Hugging Face priced rounds
RoundDatePost-money valuationRaisedLed by
Series CMay 9, 2022$2.0B$100MLux Capital
Series DAug 24, 2023$4.5B$235MSalesforce Ventures
Post-money valuation at each priced round. Log scale.Hover a point for the round

Updated

In VP50

  1. Q4 2023: #26
  2. Q1 2024: #26
  3. Q2 2024: #32
  4. Q3 2024: #33
  5. Q4 2024: #34
  6. Q1 2025: no place
  7. Q2 2025: #23
  8. Q3 2025: no place
  9. Q4 2025: no place
  10. Q1 2026: no place
  11. Q2 2026: no place
  12. Q3 2026: no place
  13. Q4 2026: no place

Place by quarter since Q4 2023. Best place #23.

Funding rounds

DateRound · leadRaisedValuation
Aug 24, 2023Series D · Salesforce Ventures$235M$4.5B
May 9, 2022Series C · Lux Capital$100M$2.0B
Mar 11, 2021Series B · Addition$40M—
Dec 17, 2019Series A · Lux Capital$15M—
May 23, 2018Seed · a_capital$4M—
Mar 9, 2017Angel round$1M—
Oct 2016Funding round$0M—

Team

Hugging Face | Venture Place