Valuation
$4.5B
2024 Revenue
$130.1M(Est.)
Customers
50K
Funding
$235M
Avg ACV
$2.6K
Team · 2025
635
Founded
2016
Hugging Face Revenue, Valuation & Funding (2024)
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Hugging Face Revenue
In 2024, Hugging Face's revenue reached $130.1M. The company previously reported $70M in 2023. Since its launch in 2016, Hugging Face has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Hugging Face Hit $130.1m revenue in October 2024 | Estimated |
| 2023 | Hugging Face Hit $70m revenue in December 2023 | |
| 2022 | Hugging Face Hit $15m revenue in December 2022 | |
| 2021 | Hugging Face Hit $10m revenue in December 2021 | |
| 2016 | Launched with $0 revenue |
Hugging Face Valuation, Funding Rounds
Hugging Face reached a $4.5B valuation in 2023, set during its Series D round.
Hugging Face has raised $235M in total funding across 1 round, most recently a $235M Series D round in 2023.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2023 | Series D | $235M | $4.5B | 5% |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Hugging Face serves 50K customers.
Hugging Face Employees & Team Size
Hugging Face employs approximately 635 people as of 2026, up from 444 in 2024, including 18 sales reps that carry a quota. It serves 50K customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2025 | Reached 635 employees (November 2025) | |
| 2024 | Reached 444 employees (September 2024) | |
| 2024 | Reached 290 employees (February 2024) | |
| 2023 | Reached 295 employees (December 2023) | |
| 2023 | Reached 295 employees (December 2023) | |
| 2022 | Reached 140 employees (February 2022) |
Frequently Asked Questions about Hugging Face
What is Hugging Face's revenue?
Hugging Face generates an estimated $130.1M in annual revenue.
Who founded Hugging Face?
Hugging Face was founded by Clément Delangue.
Who is the CEO of Hugging Face?
The CEO of Hugging Face is Clément Delangue.
How much funding does Hugging Face have?
Hugging Face raised $235M across 1 round.
How many employees does Hugging Face have?
Hugging Face has 635 employees.
Where is Hugging Face headquarters?
Hugging Face is headquartered in Brooklyn, New York, United States.
Compare Hugging Face to the industry
Hugging Face operates across multiple industries. Browse revenue, funding, and growth data for Hugging Face in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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