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HISTORICAL P100 / #68

Hugging Face

AI / ML Platform · United States

Historical ranking valuation$4.50BSource snapshot: Jun 19, 2026
Financing events7
Named participants29
Captables stories2

Disclosed primary funding in this record

$350M

Sum of non-overlapping disclosed USD amounts in confirmed primary financing entries in this record, including separately labeled equity components; not verified lifetime funding. Excludes amounts already included in a later round, announced, reported, database-only, debt, secondary and unclassified events.

3 confirmed primary rounds with disclosed USD amounts · Record through 2026-09-25
THE BUSINESS

Get to know Hugging Face.

Hugging Face operates the Hub, a collaboration platform for machine-learning models, datasets and applications called Spaces. Its documentation describes versioned repositories, sharing and tools for teams building with AI.

Hugging Face Hub documentation ↗Source checked Sep 24, 2026

Valuation history

Valuations reported at the time of each round.

$4.5BSeries D · ConfirmedSource ↗

Funding history

Funding rounds, debt and other financing events.

7sourced events · record as of 2026-09-25

NVIDIA signed an agreement to acquire Hugging Face in September 2026, but its SEC filing expects closing in the first half of 2027 subject to conditions. This is not a completed sale or a financing round. A purported January 2024 Series D and separate March 2017 $1M seed/accelerator entries were duplicate or unsupported database artifacts and are omitted. The $1.2M reported by March 2017 may include the October 2016 financing; do not sum both. This is not a complete issuer financing register. Status source ↗

Aug 24, 2023LATEST SOURCED
primary

Series D

Salesforce Ventures (lead) · Google · Amazon · NVIDIA · Intel · AMD · Qualcomm Ventures · IBM · +1 more

Amount$235MValuation$4.5B
May 9, 202206
primary

Series C

Lux Capital (lead) · Sequoia · Coatue · Addition · A.Capital · SV Angel · Betaworks · AIX Ventures · +3 more

Amount$100MValuationUndisclosed
Mar 11, 202105
primary

Series B

Addition (lead) · Lux Capital · A.Capital · Betaworks · Dev Ittycheria · Olivier Pomel · Alex Wang · Aghi Marietti · +5 more

Amount$40MValuationUndisclosed
Dec 17, 201904
primary

Series A

Lux Capital (lead) · A.Capital · Betaworks · Richard Socher · Greg Brockman · Kevin Durant

Amount$15MValuationUndisclosed
Mar 201702
primary

Early financing reported by March 2017

SV Angel · Kevin Durant

The report establishes $1.2M raised by March 9, not the exact close date or whether an October 2016 tranche is included.

Amount$1.2MValuationUndisclosed
Oct 201601
other

Earlier Betaworks-led financing

Betaworks (lead) · The Chernin Group

The source refers to a financing in October 2016; amount may overlap the $1.2M reported by March 2017. Not counted again as additive primary USD capital.

Amount€400K reportedValuationUndisclosed

Financing participants

Investors, lenders and other parties named in funding announcements.

Salesforce Ventures

Series D · Aug 24, 2023 · Lead participant · primary · Confirmed · Confirmed source ↗

Qualcomm Ventures

Series D · Aug 24, 2023 · Participant · primary · Confirmed · Confirmed source ↗

Sound Ventures

Series D · Aug 24, 2023 · Participant · primary · Confirmed · Confirmed source ↗

Dev Ittycheria

Series B · Mar 11, 2021 · Participant · primary · Reported · Reported source ↗

Aghi Marietti

Series B · Mar 11, 2021 · Participant · primary · Reported · Reported source ↗

Florian Douetteau

Series B · Mar 11, 2021 · Participant · primary · Reported · Reported source ↗

Paul St. John

Series B · Mar 11, 2021 · Participant · primary · Reported · Reported source ↗

Greg Brockman

Series A · Dec 17, 2019 · Participant · primary · Confirmed · Confirmed source ↗

Ronny Conway / a_capital

Seed · May 23, 2018 · Lead participant · primary · Reported · Reported source ↗

The Chernin Group

Earlier Betaworks-led financing · Oct 2016 · Participant · other · Reported · Reported source ↗

Ownership evidence

Opening ownership research…

Captables coverage

Deals / Captables

Hugging Face's latest round: Undisclosed Series D

Hugging Face's latest public financing record lists Not publicly disclosed in its Series D dated January 2024 at a reported valuation of Not publicly disclosed. Captables places the event in the company's disclosed funding history.

Captables Newsroom · 58d ago