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MISTRAL AI
Mistral AI
Artificial intelligence / large language models · Paris · France · Founded · 2023 · ≈ · 1,000 · employees

Mistral AI Valuation: $23.2B After the Jun 2026 Series D funding

Private

Mistral AI was last valued at $23.2B (rumored). It comes from the $3.5B Series D funding of Jun 2026. The company is private, so there is no listed share price.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Mistral AI valuation · at a glance
Last valuation
$23.2B
RUMORED · JUN 2026
Lead investors
6
across 8 rounds
Raised across rounds
$8B
8 rounds
Date of last round
Jun 2026
closed 1 Jun 2026
Valuation history

How the Mistral AI valuation has moved

6 valuations. The latest, $23.2B post-money, was set by the Series D funding in Jun 2026.

$23.2B
Jun 2023
$267M
Seed
Dec 2023
$2B
Series A
+649% vs prior valuation
Jun 2024
$6B
Series B · post-money
+200% vs prior valuation
Jun 2024
$6.2B
Series B
+3% vs prior valuation
Sep 2025
$14B
Series C · post-money
+126% vs prior valuation
Jun 2026
$23.2BLATEST
Series D funding · post-money
+66% vs prior valuation
Latest valuation
$23.2Bpost-money
Set by the Series D funding · 1 Jun 2026
×86.9since the $267M Seed in Jun 2023
Valuations
6
Priced rounds with a valuation
Event type
Primary round
The Series D funding · $3.5B raised
Funding rounds

Mistral AI rounds and the valuation each one set

8 rounds
Round
Date
Amount
Valuation
Basis
Series D funding LATEST
1 Jun 2026
$3.5B
$23.2B
POST-MONEY
Datacenter financing round
1 Mar 2026
$830M
—
—
Series C
9 Sep 2025
$2B
$14B
POST-MONEY
Series B
11 Jun 2024
$645M
$6.2B
—
Series B
1 Jun 2024
$415M
$6B
POST-MONEY
Series A extension
26 Feb 2024
$16M
—
—
Series A
10 Dec 2023
$428M
$2B
—
Seed
1 Jun 2023
$117M
$267M
—
Lead investors
Leads: ASML, Andreessen Horowitz, General Catalyst, Lightspeed Venture Partners, Microsoft, Unknown.
Full funding history — Mistral AI profile ›
What the valuation means

What the $23.2B actually measures

A private valuation is the price agreed in one transaction. The Mistral AI valuation of $23.2B is a rumored figure from the Series D funding dated 1 Jun 2026 — the whole company measured after the $3.5B raised in that round was already inside it. Subtract the round and the pre-money view of the same deal is $19.7B .

The valuation holds until the next priced round or secondary sale. A private company founded in 2023 with roughly 1,000 people has no daily price and no order book between rounds.

Where the $23.2B comes from
EventSeries D funding, dated 1 Jun 2026
Basisrumored
Round size$3.5B
LeadUnknown

Frequently asked questions

How can I get exposure to Mistral AI?›

The routes section explains what is realistically available for a company at this stage.

Is Mistral AI publicly traded?›

No. Mistral AI is a private company; its shares do not trade on a public exchange.

What is Mistral AI's valuation?›

The last valuation is $23.2B (rumored, Jun 2026).

Who has invested in Mistral AI?›

Lead investors for each round are in the funding timeline.

Who are Mistral AI's competitors?›

The closest artificial intelligence / large language models peers are on the competitors page.

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