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Hugging Facerevenue, valuation & funding

Data Science and Machine Learning PlatformsBrooklyn, New YorkFounded 2016CEO Clément Delangue

Hugging Face is a Data Science and Machine Learning Platforms company based in Brooklyn, founded in 2016.

huggingface.coLinkedInUpdated Oct 7, 2026
Annual revenue
$150M
Aug 2026 · TechCrunch
Valuation
$12.9B
2026
Total raised
$235M
1 round
Employees
769
May 2026EST.

Hugging Face revenue

Hugging Face's annual revenue was $150M in August 2026 (TechCrunch).

$0
$50M
$100M
$150M
$10M
$15M
$70M
$130.1M
–
$150M
202120222023202420252026
ReportedEstimateOne figure per year; a reported figure wins over an estimate
All 6 revenue readings, with sources
As ofRevenueSource
Dec 2021$10MPress Release
Dec 2022$15MPress Release
Dec 2023$70MPress Release
Oct 2024$130.1MEST.GetLatka estimate
Jun 2026$100MTechCrunch
Aug 2026$150MTechCrunch

Hugging Face valuation

Hugging Face is privately held, so there is no Hugging Face stock to buy. Investors valued it at $12.9B.

Valuation history$4.5B Series D 2023$4.5B Series D 2023

Hugging Face funding rounds & investors

Hugging Face has raised $235M in one round: a Series D in August 2023.

DateRoundRaisedValuation
Aug 2023Series D$235M$4.5B
Total raised$235M

Hugging Face competitors

Hugging Face competes most directly with OpenAI.

CompanyRevenueFundingEmployeesCustomersFounded
OpenAI$40B$138.1B4,5002M2015
Hugging Face$150M$235M76950K2016

Hugging Face CEO, founders & employees

Clément Delangue founded Hugging Face in 2016 and runs it as CEO. Hugging Face has 769 employees (May 2026, clay.com estimate).

0
200
400
600
140
295
444
635
769
20222023202420252026
ReportedEstimateOne figure per year; a reported figure wins over an estimate
All 6 headcount readings, with sources
As ofEmployeesSource
May 2026769EST.clay.com estimate
Nov 2025635LinkedIn
Sep 2024444LinkedIn
Feb 2024290LinkedIn
Dec 2023295Latka Top 250 List
Feb 2022140LinkedIn

Hugging Face FAQ

What is Hugging Face's revenue?

Hugging Face's annual revenue was $150M in August 2026, according to TechCrunch.

What is Hugging Face's valuation?

Investors valued Hugging Face at $12.9B.

How much funding has Hugging Face raised?

Hugging Face has raised $235M in one funding round: a Series D in August 2023.

Is Hugging Face publicly traded?

No. Hugging Face is a private company, so its shares aren't traded on a stock exchange.

How many employees does Hugging Face have?

Clay.com estimates Hugging Face's headcount at about 769 (May 2026).

Who is the CEO of Hugging Face?

Clément Delangue is the CEO of Hugging Face and founded the company in 2016.

Who founded Hugging Face?

Clément Delangue founded Hugging Face in 2016.

How this page is sourced

10 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.

Updated Oct 7, 2026Data disclaimerReport a correctionClaim this profileRun Hugging Face? Join the podcast