Hugging Face

SoftwareSeries DBrooklyn, UShuggingface.co

Latest round

Series D

Last raised

Aug 2023

Total raised

$399M

Investors

18

About Hugging Face

Hugging Face, Inc.Hugging Face, Inc. was founded in 2016 in Brooklyn, US, by Clément Delangue, Julien Chaumond, and Thomas Wolf. The company provides a platform for machine learning professionals, primarily operating in the AI sector.Hugging Face offers a comprehensive platform designed for the machine learning community, promoting collaboration on a variety of models, datasets, and applications. Their product suite includes advanced AI models for text generation, image editing, video creation, and data analysis facilitated through tools like Jupyter notebooks. The company has developed a robust open-source stack that enables users to create, discover, and collaborate on machine learning applications, serving a diverse clientele of researchers, developers, and enterprises in North America, Europe, and parts of Asia.Hugging Face generates revenue mainly through subscription-based models and enterprise solutions, with various pricing plans available for its services. The company aims to enhance its product offerings and improve support for clients. Future initiatives may include the development of new AI tools and models tailored for various applications, though specific product launch dates have not been disclosed. The company also targets expansion into additional global markets, focusing on increasing its presence in Europe and Asia by the end of 2024.

Who invested in Hugging Face

18 investors across 5 rounds

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Funding rounds

  1. Series D

    Aug 24, 2023

    Amount

    $235M

    Investors

    Locked

  2. Series C

    May 9, 2022

    Amount

    $100M

    Investors

    Locked

  3. Series B

    Mar 11, 2021

    Amount

    $40M

    Investors

    Locked

  4. Series A

    Nov 27, 2019

    Amount

    $20M

    Investors

    Locked

  5. Seed

    May 23, 2018

    Amount

    $4M

    Investors

    Locked

Questions about Hugging Face

Who invested in Hugging Face?

Hugging Face has 18 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Hugging Face raised?

Hugging Face has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Hugging Face last raise money?

Hugging Face's most recent round on record is a Series D, in Aug 2023.

What does Hugging Face do?

Hugging Face is a software company.

Where is Hugging Face headquartered?

Hugging Face is headquartered in Brooklyn, US.

Which VCs invest in companies like Hugging Face?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Hugging Face's stage. Their profiles are linked below.

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