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Mistral AI

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Updated Mar 24, 2026

Mistral AI's full profile: funding, valuation, competitors, and the people behind the company.

🇫🇷FranceSeries CFoundation Models

Out of 100

🇫🇷

HQ

France

🗓

Founded

2023

💰

Raised

$3.05B

🏷️

Stage

Series C

👥

Team

200

Mistral AI is a French foundation model company founded in 2023 that develops large language models and AI infrastructure. The company creates open and closed-source language models positioned as efficient alternatives to larger competitors, with models including Mistral 7B, Mixtral 8x7B, and the Mistral Large model. These models are designed to deliver strong performance with reduced

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Key Facts

  • Mistral AI is valued at $13.8B as of March 2026.
  • Mistral AI has raised a total of $3.05B in disclosed funding across 4 funding rounds.
  • Mistral AI was founded in 2023 by Arthur Mensch and is headquartered in France.
  • Mistral AI employs approximately 200 people.
  • Mistral AI operates in the Foundation Models category and is currently at the Series C stage.
  • Mistral AI has an Awaira Score of 88/100, ranking it among the highly notable AI companies on Awaira.
  • Mistral AI's most recent funding round was a Series C of $2.11B closed in December 2024, led by Andreessen Horowitz.

Source: Awaira · Updated Mar 24, 2026

$13.8B

Post-money

$3.05B

All rounds

88/100

2023

200 employees

Strengths

Raised over $3.05B — one of the best-funded AI companies

Unicorn status with $13.8B valuation

Elite Awaira Score of 88/100

Considerations

!

Very early stage — limited track record

Analysis based on publicly available data. Not investment advice.

4

Total Rounds

$762.5M

Avg Round Size

1.5yr

Funding Span

Mistral AI raised 4 rounds over 1.5 years, averaging $762.5M per round — a pace of roughly one round every 5 months.

⚠️ ESTIMATE
💵Est. Annual Revenue
$500M–$5B estimated ARR

Awaira estimate based on public data. Not financial advice.

How does Mistral AI stack up against competitors?

MetricMistral AIOpenAIAnthropicDeepSeek
Awaira Score88/10098/10095/10092/100
Total Raised$3.05B$127B$67B$1.1B
Valuation$13.8B$852B$380BN/A
StageSeries CPrivateSeries GCorporate
Founded2023201520212023
Employees2004,0003,000150
Country🇫🇷🇺🇸🇺🇸🇨🇳
A

Arthur Mensch

CEO & Co-founder

View founder profile →
StageSeries C
Employees200
Country🇫🇷 France
Connect
Quiet
4 rounds
Series CLatest

Led by Andreessen Horowitz

$2.11B

Dec 2024

Series B

Led by Andreessen Horowitz

$415M

Jun 2024

Series A

Led by Andreessen Horowitz

$415M

Dec 2023

Seed

Lightspeed Venture Partners, Andreessen Horowitz, Google, Salesforce Ventures

$113M

Jun 2023

Frequently Asked Questions

What is Mistral AI's valuation?
At $13.8B, the company ranks among the AI unicorns tracked on Awaira.
Who invested in Mistral AI?
Andreessen Horowitz, Nvidia, General Catalyst, Menlo Ventures, Lightspeed Venture Partners, Salesforce Ventures, Google are among the backers. Together, they've contributed to the company's growth in the Foundation Models sector.
When did Mistral AI last raise funding?
A Series C of $2.11B represents the most recent capital raise in December 2024. The round was led by Andreessen Horowitz.
How many employees does Mistral AI have?
The team is roughly 200 people, headquartered in France.
What does Mistral AI do?
Mistral AI is a French foundation model company founded in 2023 that develops large language models and AI infrastructure. The company creates open and closed-source language models positioned as efficient alternatives to larger competitors, with models including Mistral 7B, Mixtral 8x7B, and the Mistral Large model. The company operates in the Foundation Models sector from France.
Who founded Mistral AI?
Arthur Mensch established the company in 2023. It's based in France. Arthur Mensch serves as CEO & Co-founder.
Is Mistral AI profitable?
Profitability data isn't available in public filings. The company has raised $3.05B in total funding and operates at the Series C stage.
Where is Mistral AI headquartered?
The headquarters sit in France 🇫🇷 and was established in 2023. It competes in the Foundation Models sector.
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