# Hugging Face funding rounds and investors

As of 13 Oct 2026, Hugging Face has raised $394M across 5 verified rounds on record; latest: $235-million funding round, announced 24 Aug 2023.

Hugging Face sells a platform for the machine learning community to collaborate on models, datasets, and applications.

Website: https://huggingface.co  
Headquarters: New York and Paris  
Page: https://fireround.dev/companies/huggingface.co

## Verified rounds

| Announced | Round | Amount | Lead investors | Other investors | Sources |
| --- | --- | --- | --- | --- | --- |
| 2023-08-24 | Funding round | $235-million | not stated | Salesforce Ventures, Google, Nvidia, Intel Capital, Advanced Micro Devices, Qualcomm Ventures, IBM, Amazon, Sound Ventures | [reuters.com](https://www.reuters.com/technology/ai-startup-hugging-face-valued-45-bln-latest-round-funding-2023-08-24) |
| 2022-05-09 | Series C | $100 million | Lux Capital | Sequoia Capital, Coatue, Addition, Betaworks, AIX Ventures, Cygni Capital, Kevin Durant, Olivier Pomel | [techcrunch.com](https://techcrunch.com/2022/05/09/hugging-face-reaches-2-billion-valuation-to-build-the-github-of-machine-learning) |
| 2021-03-11 | Series B | $40 million | Addition | Lux Capital, A*, Betaworks, Dev Ittycheria, Olivier Pomel, Alex Wang, Aghi Marietti, Florian Douetteau, Richard Socher, Paul St. John, Kevin Durant, Rich Kleiman | [techcrunch.com](https://techcrunch.com/2021/03/11/hugging-face-raises-40-million-for-its-natural-language-processing-library) |
| 2019-12-17 | Funding round | $15 million | Lux Capital | A*, Betaworks, Richard Socher, Greg Brockman, Kevin Durant | [techcrunch.com](https://techcrunch.com/2019/12/17/hugging-face-raises-15-million-to-build-the-definitive-natural-language-processing-library) |
| 2018-05-23 | Seed | $4 million | Ronny Conway | Betaworks, SV Angel, Kevin Durant | [techcrunch.com](https://techcrunch.com/2018/05/23/hugging-face-raises-4-million-for-its-artificial-bff) |

Source: Fireround (https://fireround.dev), an open-source funding feed. Each round is checked against the pages listed with it.