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Hugging Face logo — The AI community building the future.

Hugging Face

The AI community building the future.

Founded 2016 769 employees Total: $730.70M AI, IT +1

General Information

Company Name Hugging Face
Founded Year 2016
Employees 769
Industries AI, IT, Machine Learning
Business Model Platform, B2B, Open Source
Revenue Model Subscription, Usage Based, Service Fee
Social

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Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.

Pricing Changed Oct 31, 2026

Hugging Face removed the Spaces Hardware section, added a new Spaces and Jobs Hardware section, and added numerous new hardware tiers with specific hourly and monthly prices, including a 'NameCPUMe…

In The News Oct 15, 2026

Featured on Cnbc: Anthropic taps nonprofits METR and SecureBio to help assess risks and safety pra...

In The News Oct 15, 2026

Featured on Wired: AI Hacks Leave a Mess That AI Companies Aren’t Paying For

In The News Oct 14, 2026

Featured on Thenextweb: US and European regulators question banks about AI agents and cyber risks

About Hugging Face

Hugging Face is pioneering as The AI community building the future, reflecting its central mission in the rapidly evolving landscape of Artificial Intelligence (AI) and Machine Learning. Founded in 2016, the company has positioned itself at the forefront of the AI, IT, and Machine Learning industries, fostering an inclusive ecosystem for developers, researchers, and enthusiasts.

Most recently, Hugging Face secured a Series D investment on 01 January 2024, with significant backing from Firestreak Ventures. This influx of capital underscores investor confidence in their innovative approach and market potential, especially valuable as AI integration becomes increasingly ubiquitous across industries.

Despite the lack of a specified headquarters, Hugging Face's diverse, global community remains its strong suit, enabling agile adaptation and heightened impact in the AI domain. Their ongoing growth prospects and strategic initiatives suggest a promising trajectory for prospective investors.

Business keywords: open-source, platform provider, democratization, natural language processing, deep learning, AI community, technology development, commit-based improvement, innovation in AI, ML technologies, collaborative AI, tech infrastructure, ML platform, AI innovation

Services & Products

Model hosting and collaboration
Dataset sharing and access
Enterprise-grade AI solutions
Inference endpoints and deployment
Open-source ML tools development
Creative AI applications like TTS and video generation

Target Customers

ML researchers AI developers Enterprise teams Data scientists Academic institutions Tech companies

Pricing

as listed on Oct 31, 2026

from $9/month

  • Boost your personal HF experience: $9/month
  • Instant setup for growing teams: $20/month per user
  • Hugging Face PRO: $9/month
Hugging Face's pricing page

Funding Rounds & Investors (10)

View All
Funding Stage Amount Investors Lead Investors Date
Round $100.00M 4
Nvidia, OpenAI +2
28 Sep 2026
Select 235.00M 10
Lux Capital, Nvidia +8
24 Aug 2026
Series D Undisclosed 1
Firestreak Ventures
01 Jan 2024
Series D $235.00M 9
Sound Ventures, Nvidia +7
01 Aug 2023
Series C $100.00M 11
Lux Capital, Betaworks +9
01 May 2022
Series B $40.00M 12
Lux Capital, Betaworks +10
01 Mar 2021
Series A $15.00M 6
Lux Capital, Betaworks +4
01 Dec 2019
Seed $4.00M 5
Betaworks, SV Angel +3
01 May 2018
Seed $1.30M 2
Betaworks, SV Angel
01 Mar 2017
Seed €400.00K 2
Betaworks, The Chernin Group
01 Oct 2016

Hugging Face Alternatives & Competitors

View All Alternatives
Hugging Face vs
Snorkel AI
Snorkel AI United States

The Frontier AI Data Lab

1484 employees
AI, Data Analytics
Hugging Face vs
Together AI
Together AI United States

Accelerate inference, model shaping, and pre-training on a research-optimized platform.

438 employees
AI, IT
Hugging Face vs
WhyLabs
WhyLabs United States

The AI Observability Platform

Series A
52 employees
AI, IT

FAQ About Hugging Face

The AI community building the future.
Hugging Face was founded in 2016.
Hugging Face operates in AI, IT and Machine Learning. Its work centres on open-source, platform provider, democratization and natural language processing. Its customers include ML researchers, AI developers and Enterprise teams.
Hugging Face has a Platform, B2B and Open Source business model. Its revenue comes from Subscription, Usage Based and Service Fee.
As listed on Hugging Face's pricing page on Oct 31, 2026: from $9/month (Boost your personal HF experience: $9/month; Instant setup for growing teams: $20/month per user; Hugging Face PRO: $9/month).
Hugging Face has approximately 769 employees.
Hugging Face has completed 10 funding rounds, raising a total of $730.70M.
Hugging Face offers: Model hosting and collaboration, Dataset sharing and access, Enterprise-grade AI solutions, Inference endpoints and deployment, Open-source ML tools development, Creative AI applications like TTS and video generation.
Top alternatives and competitors to Hugging Face include Snorkel AI, Together AI, WhyLabs, Lablup Inc., Graphcore. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Hugging Face and Snorkel AI are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Hugging Face, https://bouncewatch.com/company/hugging-face, updated 28 September 2026. When citing, please name BounceWatch and link this page.

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