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Company pair · AI
VS

Hugging Face vs Perplexity: Valuation, Funding, Trajectory

AI Both private US-headquartered No Canborsa market

This comparison puts Hugging Face next to Perplexity within ai on size, funding and trajectory.

On this pageSide by sideValuation marksWhat each disclosesVerdictFAQ
Hugging FacePRIVATE · US
PerplexityPRIVATE · US
VS
Last valuation$4.5B$9B
Basis Post-money Post-money
As ofAug 2023Dec 2024
Founded20162022
Employees≈250≈100
On CanborsaNo marketNo market
At a glance
$4.5B
Hugging FacePost-money, Series D · Aug 2023
$9B
PerplexityPost-money, Series C · Dec 2024
2.00×
GapBoth post-money, 16 months apart
0 of 2
On CanborsaNeither company has a market
VS
Head-to-head · field by field

Hugging Face vs Perplexity — side by side

Field
Hugging FacePRIVATE · FOUNDED 2016
PerplexityPRIVATE · FOUNDED 2022
VS
Last valuation
$4.5B Post-money
$9B Post-money
Valuation date
24 Aug 2023
1 Dec 2024
Valuation basis
Post-money
Post-money
Latest round
Series D
Series C
Round size
$235M
$500M
Named investors
Google Amazon Nvidia Intel
Amazon Google Benchmark Khosla Ventures
Founded
2016
2022
Employees (est.)
≈250
≈100
Sector & HQ
Artificial Intelligence · 🇺🇸 US
Artificial Intelligence · US
Status & market
Private — no Canborsa market
Private — no Canborsa market
Valuation · both companies on one scale

Valuation marks

Each bar is the last disclosed mark — $4.5B for Hugging Face (post-money, Aug 2023) and $9B for Perplexity (post-money, Dec 2024).

Hugging Face
$4.5BPost-money · Aug 2023
Perplexity
$9BPost-money · Dec 2024
HUGGING FACE · $4.5B · AUG 2023PERPLEXITY · $9B · DEC 2024
Hugging Face vs Perplexity · what each company discloses

What each company discloses, and what it leaves out

Hugging FacePRIVATEAI · US · 2016
+Last disclosed mark $4.5B — post-money, Aug 2023.
+Founded 2016 .
+≈250 employees.
+Latest round: Series D, $235M raised.
PerplexityPRIVATEAI · US · 2022
+Last disclosed mark $9B — post-money, Dec 2024.
+Founded 2022 .
+≈100 employees.
+Latest round: Series C, $500M raised, led by Amazon.
Verdict

Verdict

The $4.5B tells you…
What an investor paid for newly issued shares — a primary round, priced post-money.
How much capital arrived with it:$235Min Aug 2023.
A dated print: it moves only when a newer round is announced.
The $9B tells you…
What an investor paid for newly issued shares — a primary round, priced post-money.
How much capital arrived with it:$500M, led by Amazon in Dec 2024.
A dated print: it moves only when a newer round is announced.

Both marks are post-money, so 2.00× compares like with like. Both are private: there is no public quote and no Canborsa market on either name.

Frequently asked questions

Are Hugging Face and Perplexity in the same sector?›

Hugging Face's sector is Artificial Intelligence; Perplexity's sector is Artificial Intelligence.

How do Hugging Face and Perplexity compare in valuation?›

Hugging Face is valued at $4.5B, and Perplexity at $9B.

How much funding have Hugging Face and Perplexity raised?›

Hugging Face has raised $294M in total; Perplexity has raised $725.6M.

What countries are Hugging Face and Perplexity from?›

Hugging Face is based in United States; Perplexity is based in United States.

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