Hugging Face

Paris, France Founded: 2016 • Age: 10 yrs
A platform for the AI community to collaborate and build.
Annual revenue - Latest available
Total funding $399.9M 8 rounds
Employees - Tracked headcount
Investors 28 Known backers
Products 3 Services tracked
Competitors 7 Brand Intelligence

About Hugging Face

Hugging Face is a company based in Paris (France) founded in 2016 by Thomas Wolf, Clement Delangue, and Julien Chaumond. It operates as a SaaS (Software-as-a-Service), Freemium, and Managed Services. Hugging Face has raised $399.91 million across 8 funding rounds from investors including Amazon, Google and Salesforce. Hugging Face has completed 3 acquisitions, including Gradio, Pollen Robotics and XetData. Hugging Face offers products and services including Hugging Face Hub, Transformers, and Inference Endpoints. Hugging Face operates in a competitive market with competitors including Kaggle, Replicate, Outerbounds, PredictionIO and Streamlit, among others.

  • Headquarter Paris, France
  • Founders Thomas Wolf, Clement Delangue, Julien Chaumond
  • Stage Unicorn
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Technology → Software Development & Engineering Unlock Sub-Sector Unlock Segment
Technology → Software Development & Engineering Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $399.91 M (USD)

    in 8 rounds

  • Latest Funding Round
    $235 M (USD), Series D

    Aug 22, 2023

  • Investors
    Amazon

    & 27 more

  • Employee Count
    Not available
  • Investments & Acquisitions
    Gradio

    & 2 more

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Products & Services of Hugging Face

Hugging Face offers a comprehensive portfolio of products and services, including Hugging Face Hub, Transformers, and Inference Endpoints.

Product name locked
Category locked
Primary

A platform for hosting AI models and datasets.

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Library for state-of-the-art AI model development.

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Optimized deployment solution for AI model inference.

People of Hugging Face

Headcount 50-200
Employee Profiles 60
Employee Profiles
People
Clément Delangue
CEO & co-Founder
People
Sasha Luccioni
AI & Climate Lead
People
Irene Solaiman
Head Of Global Policy
People
Thomas Wolf
Chief Science Officer

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Funding Insights of Hugging Face

Hugging Face has successfully raised a total of $399.91M across 8 strategic funding rounds. The most recent funding activity was a Series D round of $235 million completed in August 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Hugging Face

Hugging Face has secured backing from 28 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Amazon, Google and Salesforce.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital firm focused on multiple sectors
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Seed and early-stage technology companies are funded by Lux Capital.
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Investments are made in early and growth-stage technology startups.
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Investor details for Hugging Face

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  • Investor locations
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Investments & Acquisitions by Hugging Face

Hugging Face has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Gradio, Pollen Robotics and XetData.

Investments
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Investment portfolio details for Hugging Face

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Cloud-based data integration and visual analytics solutions are offered.
Locked Locked 2021 Locked
Provider of machine learning, web development, and hosting services
Locked Locked 2019 Locked
Humanoid robots are developed for collaboration and education.
Locked Locked 2016 Locked
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Complete acquisition details for Hugging Face

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Financial Statements - Hugging Face

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Detailed financials for Hugging Face

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Hugging Face Comparisons

Hugging Face Primary company
Description
A platform for the AI community to collaborate and build.
Location
Paris, France
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Hugging Face

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Competitors of Hugging Face

Hugging Face operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Kaggle, Replicate, Outerbounds, PredictionIO and Streamlit, among others.

Company Name Domain Founded year HQ Location Description
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IT courses and data science competitions are hosted online.
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A cloud-based open-source platform for machine learning models is offered.
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AI-based open-source machine learning platform
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Open source machine learning server is utilized for predictive features.
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Provider of a Python app framework for machine learning and data science applications
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Detailed competitors of Hugging Face

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Latest news on Hugging Face

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Complete news archive for Hugging Face

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Frequently Asked Questions about Hugging Face

Hugging Face was founded in 2016.

Hugging Face is headquartered in Paris, France.

Clement Delangue is the current CEO of Hugging Face. They have also founded this company.

Hugging Face is a funded company, having raised a total of $399.91M across 8 funding rounds to date.

Hugging Face is recognized as a central platform where the machine learning community collaborates on models, datasets, and applications. It is utilized for hosting and sharing unlimited public resources across various modalities including text, image, video, audio, and 3D. Solutions such as optimized inference endpoints and enterprise-grade security are provided to support teams and organizations in building advanced AI. The platform is supported by an open-source stack that accelerates development and deployment in the AI sector.

Hugging Face's top competitors include Outerbounds, Replicate and Kaggle.

Hugging Face offers Hugging Face Hub, Transformers, and Inference Endpoints.

Hugging Face has made 3 acquisitions, including Gradio, Pollen Robotics, and XetData.

Hugging Face has 28 investors. Key investors include Amazon, Google, Salesforce, Qualcomm, and Nvidia.

The valuation of Hugging Face is $4.5B as of Aug 2023.

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