Hugging Face

Business/Productivity Software · New York, NY · Founded 2016 · Privately Held (backing)

Developer of a machine-learning community platform designed to collaborate on models, datasets, and applications. Hugging Face is based in New York, NY and was founded in 2016. It was valued at $4.5 billion at its later-stage round in Aug 2023, the last priced event on record. It has raised $395 million across 3 recorded rounds; the latest was a $235 million Series D in Aug 2023.

PMV mark · valuation
$4.5B
Oct 2026
Priced at
its later-stage round
Aug 2023
Total raised
$394.7M
Last round
Later Stage VC (Series D)
Aug 2023

Hugging Face key facts

as of Oct 2026
  • Developer of a machine-learning community platform designed to collaborate on models, datasets, and applications.
  • Hugging Face is valued at approximately $4.5B as of Oct 2026, set at its later-stage round, Aug 2023; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $394.7M across 3 recorded rounds; the latest was Later Stage VC (Series D) ($235.0M) in Aug 2023.
  • Notable investors include Sequoia Capital, Salesforce Ventures, Qualcomm Ventures, GV, SV Angel — 54 tracked in total.
  • PrivateMarketView tracks 1 recorded secondary trades in Hugging Face shares.
  • Hugging Face has filed 2 Form Ds with the SEC since 2018, most recently Dec 2019 ($19.7M sold to 30 investors).
  • Status: Privately Held (backing).
PrivateMarketView mark
LOW confidence
$4.5B

Valued at $4.5B at its later-stage round, Aug 2023. Nothing has traded since.

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Hugging Face secondary trades

1 on record · Apr 2026 – Apr 2026

1 trades between Apr 2026 and Apr 2026. Exact dates, prices and structures are available to Pro members.

Apr 2026peak 1 prints / monthApr 2026
Individual prints are Pro.Unlock 1 trade prints

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Hugging Face funding rounds

3 rounds
Aug 2023Later Stage VC (Series D)$235.0M▮
Nov 2019Early Stage VC$19.7MSEC filing▮
Apr 2018Debt$3.3MSEC filing▮

Hugging Face valuation

Hugging Face was valued at $4.5 billion at its later-stage round in Aug 2023. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Hugging Face raised?

Hugging Face has raised $395 million across 3 recorded rounds since 2018. The largest was a $3.3 million debt round in Apr 2018; the most recent was a $235 million Series D in Aug 2023.

Hugging Face has filed 2 Form Ds with the SEC since 2018, most recently in Dec 2019 ($19.7 million sold to 30 investors).

Hugging Face secondary market activity

1 secondary trade in Hugging Face shares is on record, in Apr 2026. Exact dates, prices and structures are available to Pro members.

Hugging Face investors

54 investors are on record for Hugging Face, including Sequoia Capital, Salesforce Ventures, Qualcomm Ventures and GV. By type, the record holds 17 venture capital firms, 3 angel investors and 2 growth equity firms. The Series D in Aug 2023 drew 18 investors.

Comparable companies

Comparable business/productivity software names by valuation on PrivateMarketView: Checkr ($4.6 billion), OneTrust ($4.5 billion) and Dataminr ($4.1 billion).

About Hugging Face

Developer of a machine-learning community platform designed to collaborate on models, datasets, and applications. The company's platform emphasizes creating, discovering, and collaborating on machine-learning projects and offers paid computing and enterprise systems to accelerate processes with open-source development, enabling users to support and advance the field of machine learning through collaboration, tools, and services.

Industry
Business/Productivity Software
Sector
Information Technology
HQ
New York, NY, United States
Founded
2016
Employees
220
Ownership
Privately Held (backing)

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