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Hugging Face

AI (Open-Source ML Platform)New York, USA

New York-based open-source AI platform often called the GitHub of AI. Hugging Face hosts a large repository of open-source AI models, datasets and machine learning tools used by developers worldwide to build, share and deploy applications, and earns from enterprise services, hosting and compute. Founded in 2016 by Clément Delangue, Julien Chaumond and Thomas Wolf.

1StartupFox story
2016Founded
AI(Open-Source ML Platform)Sector
Aug 2026Latest coverage

Funding

Hugging Face has raised $380M across 5 disclosed rounds.

$380MRaised
$235MLatest round
5Events
Round2023reported
$235M
InvestorsSalesforce, Google, Amazon, Nvidia, Intel, IBM, Qualcomm
ValuationNot disclosed
Tap any bar to see that round
Not disclosed
2023Round$235MSalesforce, Google, Amazon, Nvidia, Intel, IBM, Qualcomm Not disclosed
2022Round$100MLux Capital, Sequoia Capital, Coatue Management Not disclosed
2021Round$40MAddition, Lux Capital, A.Capital, Betaworks Not disclosed
2018Round$4MBetaworks, A.Capital, Richard Socher Not disclosed
2017Round$1MBetaworks, SV Angel, Richard Socher Not disclosed

Investor roster

Every disclosed backer and how often they've written a cheque — repeat names are the strongest conviction signal on the cap table.

New · Latest leadSalesforce1 round · 2023
Betaworks3 rounds · since 2017
Lux Capital2 rounds · since 2021
A.Capital2 rounds · since 2018
Richard Socher2 rounds · since 2017
Amazon1 round · 2023
Google1 round · 2023
IBM1 round · 2023
Intel1 round · 2023
Nvidia1 round · 2023
Qualcomm1 round · 2023
Coatue Management1 round · 2022
Sequoia Capital1 round · 2022
Addition1 round · 2021
SV Angel1 round · 2017
Aggregated automatically from the disclosed rounds above.

Leadership

CDClément DelangueCo-founder · CEOJCJulien ChaumondCo-founder · CTOTWThomas WolfCo-founder · CSO

The Hugging Face journey

2016 · founded
Hugging Face founded in New York City by Clément Delangue, Julien Chaumond and Thomas Wolf, initially as an AI chatbot app before pivoting to open-source machine learning tools. ↗
2017 · funding
Round — $1M at Not disclosed, led by Betaworks.
2018 · funding
Round — $4M at Not disclosed, led by Betaworks.
2021 · funding
Round — $40M at Not disclosed, led by Addition.
2022 · funding
Round — $100M at Not disclosed, led by Lux Capital.
2023 · funding
Round — $235M at Not disclosed, led by Salesforce.
Aug 2023 · milestone
Raised $235 million at a $4.5 billion valuation in a round backed by Google, Amazon, Nvidia, Intel, Salesforce, IBM and Qualcomm. ↗
Aug 2026 · acquisition
Nvidia reportedly agreed to acquire Hugging Face for $12.9 billion, per The Information; the deal is unconfirmed by either company and valued at roughly 86 times the platform's ~$150 million annualised revenue. ↗

The rest of Hugging Face's profile is free

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Latest on Hugging Face

SaaS & Tech
Nvidia Agrees to Buy Open-Source AI Platform Hugging Face for $12.9 Billion
27 AUG 2026 · 6 MIN READ

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Frequently Asked

What is Hugging Face?

New York-based open-source AI platform often called the GitHub of AI. Hugging Face hosts a large repository of open-source AI models, datasets and machine learning tools used by developers worldwide to build, share and deploy applications, and earns from enterprise services, hosting and compute. Founded in 2016 by Clément Delangue, Julien Chaumond and Thomas Wolf.

Who founded Hugging Face?

Hugging Face is associated with Clément Delangue, Julien Chaumond, Thomas Wolf.

How much funding has Hugging Face raised?

Hugging Face has raised $380M across 5 disclosed rounds. The most recent was a $235M round in 2023.

Who are Hugging Face's investors?

Disclosed investors in Hugging Face include Salesforce, Google, Amazon, Nvidia, Intel, IBM, Qualcomm, Lux Capital, Sequoia Capital, Coatue Management, Addition, A.Capital.

What is Hugging Face's valuation?

Hugging Face was last reported at Not disclosed, at the time of its round in 2023.

What is the latest news on Hugging Face?

The most recent StartupFox coverage is “Nvidia Agrees to Buy Open-Source AI Platform Hugging Face for $12.9 Billion” (27 August 2026). All stories are listed on this page.