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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.
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% | |
| 2023 | Funding round | - | $4.5B | - | bloomberg.com |
| Question | Answer |
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| What's your age? | - |
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Hugging Face serves 50K customers.
Hugging Face employs approximately 769 people as of 2026, up from 635 in 2025, including 18 sales reps that carry a quota. It serves 50K customers that rely on its solutions.
Hugging Face generates an estimated $130.1M in annual revenue.
Hugging Face was founded by Clément Delangue.
The CEO of Hugging Face is Clément Delangue.
Hugging Face raised $235M across 1 round.
Hugging Face has 769 employees.
Hugging Face is headquartered in Brooklyn, New York, United States.
Hugging Face operates across multiple industries. Browse revenue, funding, and growth data for Hugging Face in each sector below.
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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Valuation
$4.5B
2024 Revenue
$130.1M(Est.)
Customers
50K
Funding
$235M
Avg ACV
$2.6K
Team · 2026
769
Founded
2016
| 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 |
| Year | Milestone | Source |
|---|---|---|
| 2026 | Reached 769 employees (May 2026) | clay.comEstimated |
| 2026 | Reached 769 employees (May 2026) | clay.comEstimated |
| 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) |
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