Hugging Face
Hugging Face is an Infrastructure & APIs company founded in 2016 and based in New York, United States. It has raised $395.2M in total funding, most recently a Series D in 2023 at a $4.5B valuation.
Hugging Face runs the hub where developers publish, download and run open AI models, datasets and demo apps (Spaces), alongside hosted inference and enterprise plans. Open-weight releases from labs including DeepSeek, Qwen and Mistral ship through it, and the company reports about 18 million users and 200,000 enterprise customers. It was valued at $4.5 billion in its 2023 round. On September 3, 2026 Nvidia agreed to acquire Hugging Face for about $13 billion and said the hub would remain an open platform; the deal is pending.
Most open-weight models reach developers through Hugging Face, so its ownership and policies shape how open AI is distributed. Nvidia's agreed $13 billion acquisition, announced September 3, 2026, puts that distribution layer under a chipmaker, which makes the hub's openness commitments a live question for the labs that publish there.
At a glance
Total raised
$395.2M
Headcount
501-1k
Headquarters
New York
United StatesFounded
2016
Status
Private
Latest valuation
Where Hugging Face ranks
Top 25 AI Agents & Models companies →Funding history
Total raised
$395.2M
Rounds tracked
0
Latest stage
Series D
Latest valuation
$4.5B
No dated funding rounds on file. This company is privately held and may be raising or operating on undisclosed capital.
In the news
Hugging Face · last 30 days
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Leadership
Clément Delangue
Co-founder & CEO