Founder · Hugging Face

Clément Delangue

Co-founder & CEO of Hugging Face, an ai company based in New York.

Co-founder · CEONew YorkAI
Founded
2016
New York, USA
Raised to date
$380.2M
5 rounds on record
Latest round
Series D
$235M · 2023
Team
201–500
Hugging Face, Inc.

About

Clément Delangue is Co-founder & CEO of Hugging Face, an ai company based in New York, founded in 2016. Hugging Face's most recent disclosed round was a funding round of $235M in 2023.

Compiled from StartupFox records · updates as coverage is published

Company

Est. 2016
Hugging Face
AI · New York · 201–500 people · Active

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.

Funding
2023Series D$235MSalesforce, Google, Amazon, Nvidia, Intel, IBM, Qualcomm
2022Series C$100MLux Capital, Sequoia Capital, Coatue Management
2021Series B$40MAddition, Lux Capital, A.Capital, Betaworks
2018Seed$4MBetaworks, A.Capital, Richard Socher
Company profile →5 rounds on record

Journey with Hugging Face

3 milestones
  1. 2016Founded

    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.

  2. Aug 2023Milestone

    Raised $235 million at a $4.5 billion valuation in a round backed by Google, Amazon, Nvidia, Intel, Salesforce, IBM and Qualcomm.

  3. Aug 2026Milestone

    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. Read the story →

Also building Hugging Face

JCJulien ChaumondCo-founder · CTO→TWThomas WolfCo-founder · CSO→

Coverage

1 story
SaaS & Tech · 27 Aug 2026 · 6 min read
Nvidia Agrees to Buy Open-Source AI Platform Hugging Face for $12.9 Billion