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Hugging Face - About the company

Hugging Face is an acquired company based in Paris (France), founded in 2016 by Thomas Wolf and Clement Delangue. It operates as a Platform offering collaborative tools for sharing and deploying machine learning models. Hugging Face has raised $400M in funding from investors like Lux Capital, Salesforce and SV Angel, with last known valuation of $4.5B. The company has 241 active competitors, including 23 funded and 10 that have exited. Its top competitors include companies like Replicate, Flower and Outerbounds.

Company Details

Platform offering collaborative tools for sharing and deploying machine learning models. It provides a centralized hub where users can access a vast collection of pre-trained models and datasets across various domains. The platform supports the creation and hosting of interactive machine learning applications, enabling developers and researchers to showcase their work and facilitate community engagement.
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Email ID
*****@huggingface.co
Key Metrics
Founded Year
2016
Location
Paris, France
Stage
Acquired
Total Funding
$400M in 8 rounds
Latest Funding Round
Last Known Valuation
$4.5B as on Aug 24, 2023
Investors
Ranked
Employee Count
987 as on Jul 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Nvidia (Sep 03, 2026)

Hugging Face's acquisition details

Hugging Face got acquired by Nvidia on Sep 03, 2026 at an acquisition amount of $*****.
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Hugging Face's funding and investors

Hugging Face has raised a total funding of $400M over 8 rounds. Its first funding round was on 2016. Its latest funding round was a Series D round on Aug 22, 2023 for $235M. 9 investors participated in its latest round. Hugging Face has 23 institutional investors and 12 angel investors.

Here is the list of recent funding rounds of Hugging Face:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 22, 2023
$235M
Series D
$4.5B
-
Apr 26, 2022
$100M
Series C
-
-
Mar 11, 2021
$40M
Series B
-
-
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Hugging Face's founders and board of directors

Founder? Claim Profile
The founders of Hugging Face are Thomas Wolf and Clement Delangue. Clement Delangue is the CEO of Hugging Face.
Here are the details of Hugging Face's key team members:

Hugging Face's Board of Directors

Hugging Face's board has 1 active member. Julien Chaumond is part of team.
Here is the list of Hugging Face's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
-

Hugging Face's employee count trend

Hugging Face has 987 employees as of Jul 26. Here is Hugging Face's employee count trend over the years:
Employee count trend for Hugging Face
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Hugging Face's Competitors and alternates

Top competitors of Hugging Face include Replicate, Flower and Outerbounds. Here is the list of Top 10 competitors of Hugging Face, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Hugging Face
Hugging Face
2016, Paris (France), Acquired
Platform offering collaborative tools for sharing and deploying machine learning models
$400M
78/100
2nd
Logo for Replicate
Replicate
2018, Berkeley (United States), Acquired
Provider of a cloud-based open-source platform for machine learning models
$57.8M
69/100
3rd
Logo for Flower
Flower
2023, Hamburg (Germany), Series A
ML framework for federated learning
$24.1M
61/100
4th
Logo for Outerbounds
Outerbounds
2021, San Francisco (United States), Acquired
AI-based open-source machine learning platform
$24M
60/100
5th
Logo for Jina AI
Jina AI
2020, Germany, Acquired
Developer of search foundation providing embeddings, reranker, and reader capabilities
$39M
58/100
6th
Logo for Oumi
Oumi
2024, Seattle (United States), Seed
Open-source AI platform for model development and deployment
$10M
57/100
7th
Logo for Featureform
Featureform
2020, United States, Acquired
Provider of AI-based open-source platform offering data orchestration
$8.1M
55/100
8th
Developer of reasoning technology designed to advance artificial general intelligence
$5.02M
54/100
9th
Logo for Vectice
Vectice
2019, San Francisco (United States), Series A
Developer of platforms for Python package management and AI orchestration
$15.6M
51/100
10th
Logo for All Hands AI
All Hands AI
2024, Pittsburgh (United States), Seed
Open-source software development agent
$5M
51/100
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Hugging Face's Investments and acquisitions

Hugging Face has made 2 investments in companies including fonio and Nixtla. Hugging Face has also acquired 3 companies including Pollen Robotics and XetData.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jun 09, 2026
Investments
2024
Vienna (Austria)
Apr 14, 2025
Acquisition
2016
Bordeaux (France)
Aug 08, 2024
Acquisition
2021
Seattle (United States)
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Reports related to Hugging Face

Here is the latest report on Hugging Face's sector:

News related to Hugging Face

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Media has covered Hugging Face for a total of 43 events in the last 1 year, 19 of them have been about company updates and 4 about partnerships.
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