Hugging Face Raises $235M Series D

AI community and model hub hosting thousands of machine learning models with collaborative platform for building AI applications

Key Highlights

Funding Amount: $235M Series D
Valuation: $4.5B
Headquarters: New York, NY
Founded: 2016
Employees: 200-400
Total Raised: $395M

About the Funding Round

Hugging Face has successfully closed $235M Series D in funding, marking a significant milestone in the company's growth trajectory. This investment will enable the company to accelerate product development, expand market reach, and strengthen its position in the ai/ml sector.

Investor Syndicate

The round was backed by a prestigious group of investors:

Salesforce
NVIDIA
Google
Amazon

This diverse group of investors brings not only capital but also strategic expertise and valuable networks that will help Hugging Face achieve its ambitious goals.

Market Opportunity

The ai/ml market continues to experience rapid growth, driven by increasing demand for innovative solutions and digital transformation across industries. Hugging Face's unique approach and proven technology position it well to capture significant market share in the coming years.

Company Background

Founded in 2016 and headquartered in New York, NY, Hugging Face has established itself as an innovative player in the ai/ml space. With 200-400 employees, the company has built a strong team focused on delivering exceptional value to customers.

Next Steps

With this new funding, Hugging Face plans to:

Accelerate product development and innovation
Expand into new markets and geographies
Grow the team across engineering, sales, and operations
Strengthen partnerships with key industry players
Scale infrastructure to support rapid growth

Industry Impact

This funding round represents a strong vote of confidence in Hugging Face's vision and execution. The investment will help drive innovation in the ai/ml sector and create new opportunities for customers and partners.

For more information about Hugging Face, visit their website or contact their press office.

Hugging Face