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Valuation

$4.5B

2024 Revenue

$130.1M

Customers

50K

Funding

$235M

YOY

85.9%

Avg ACV

$2.6K

Team

635

Founded

2016

How Hugging Face CEO Clément Delangue grew Hugging Face to $130.1M revenue and 50K customers in 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.

Hugging Face Revenue GrowthReported revenue / ARR by year$0$30M$60M$90M$120M$150M201620172018201920202021202220232024$0$10M$15M$70M$130MSource: GetLatka.com
YearMilestone
2024Hugging Face Hit $130.1m revenue in October 2024
2023Hugging Face Hit $70m revenue in December 2023
2022Hugging Face Hit $15m revenue in December 2022
2021Hugging Face Hit $10m revenue in December 2021
2016Launched 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.

Hugging Face Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$1B$2B$3B$4B$5B201620172018201920202021202220232016 cumulative: $0 • 2016 Founded: $02023 cumulative: $235M • 2016 Founded: $0 • 2023 Series D: $235M @ $5B valuation$235M2016 Founded: $0 valuation2023 Series D: $5B valuation$5BSource: GetLatka.com
YearRoundAmountValuation% Sold
2023Series D$235M$4.5B5%

Hugging Face Employees & Team Size

Hugging Face employs approximately 635 people as of 2026, up from 444 in 2024.

Hugging Face has 635 total employees in different roles and functions and 18 sales reps that carry a quota. They have 50K customers that rely on the company's solutions.

Hugging Face Team GrowthReported headcount over time015030045060075020162018202020222024202500635635Source: GetLatka.com
YearMilestone
2025Reached 635 employees (November 2025)
2024Reached 444 employees (September 2024)
2024Reached 290 employees (February 2024)
2023Reached 295 employees (December 2023)
2023Reached 295 employees (December 2023)
2022Reached 140 employees (February 2022)

Founder / CEO

Clément Delangue

Co-founder & CEO at Hugging Face

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Frequently Asked Questions about Hugging Face

What is Hugging Face's revenue?

Hugging Face generates $130.1M in 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.

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.

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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.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .