The lastest valuations and changes for Hugging Face

Hill Chart Shape

Hugging Face Valuation and Overview

Hugging Face
Sectors
AI, Marketplace, Data, Cloud & Infra, Automation
Headquarters
New York, New York, USA
CEO
Clément Delangue
Register today to view the full report, with more in-depth details and analytics
Latest funding round
XXXXX
XX-XX-XXXX
AV Implied Valuation
XXXXX
XX-XX-XXXX
Change since Last Round
XXXXX
XX-XX-XXXX
Secondary Activity
Low
XXXXX
Volume
25.5M
XXX
(90 day period)
Bid
XXX
Ask
XXX
Bid
20.5M
Ask
5.0M

“To democratize artificial intelligence (AI) and make it accessible to everyone. They aim to empower users to build, train, and deploy state-of-the-art models, transforming industries and improving lives through innovative technology”

Founded in 2016 by Clement Delangue, Julien Chaumond, and Thomas Wolf, Hugging Face started as a chatbot company and has evolved into a leader in AI and Natural Language Processing (NLP). Based in New York City, the company provides an open-source platform that supports a wide array of machine learning models and datasets, becoming a cornerstone in the NLP market.

Business Model

Hugging Face operates on a community-driven, open-source business model. It offers a platform with a comprehensive ecosystem of models, datasets, and applications that cater to researchers, developers, and learners. This model not only drives innovation but also creates a collaborative environment where users contribute to and benefit from shared resources, pushing the boundaries of AI technology.

Targeted Impact

Hugging Face aims to revolutionize AI interaction by making cutting-edge NLP technology accessible to all.

Who Will benefit?

Researchers, developers, and organizations seeking to harness AI for various applications will benefit from Hugging Face's tools and resources.

What Comes Next?

Hugging Face plans to continue expanding its open-source offerings and community, driving further innovation in AI and NLP.

Hugging Face Growth Timeline

<col>

Hugging Face and Competition

Top competitors include OpenAI, Google AI, and Microsoft Azure AI. Hugging Face differentiates itself with a strong focus on open-source principles and community collaboration, while competitors often emphasize proprietary models and services.

Hugging Face VC / Strategic Investors

Key Partners

Financial Data

Annual Revenue and Revenue Growth

Funding Round

Return on Investment (ROI)

Bid:Ask Volume Ratio

PM Insights highlights the quarterly bid:ask volume ratio where there were at least three broker contributions within that period.

Register today to view the full report, with more in-depth details and analytics:
Access the full report

Hugging Face Private Comparables in the AI Sector

PM Insights highlights active private companies within the AI sector.

Change in Implied Valuation Since Last Funding Round

PM Insights uses composite price based on the institutional level contributions within the last 90 days to compute implied valuation. PM Insights' current implied valuation is compared to each company's latest funding round valuation:

Change in Composite Price

The plot below illustrates the change in composite price within the last 90 days.

Activity

The plot below displays the 90-day activity based on institutional-level ($1M+) broker contributions.

Register today to view the full Hugging Face report, with more in-depth details and analytics:
Access the full Hugging Face report

Ready to see it in action?

Schedule a demo with one of our experts