Company · Voice, image & video
Higgsfield AI revenue, valuation & funding
Higgsfield AI was valued at $5.4B in its August 2026 Series B. It said its annualized revenue run rate passed $1B in September 2026. It's a private company and hasn't announced a plan to go public.
At a glance
- Valuation: $5.4B at its Series B in August 2026, led by DST Global. Nvidia and TCV joined an extension in October 2026 on undisclosed terms.
- Revenue: a $1B annualized run rate in September 2026, as the company reported. Run rates aren't audited results.
- Status: private. No stock ticker. No announced IPO plan.
- Founded: 2023, by Alex Mashrabov and Yerzat Dulat.
- CEO: Alex Mashrabov.
- Investors: DST Global, Accel, GFT Ventures, Menlo Ventures, Nvidia and TCV, among others.
- Products: a browser-based AI video and image suite, the Supercomputer agentic product, the Diffuse mobile app and Team and Enterprise Plans.
- Headquarters: San Francisco, with a large engineering hub in Almaty, Kazakhstan.
Is Higgsfield AI public? Can you buy its stock?
No. Higgsfield AI is a private company, so its shares don't trade on any stock exchange and it has no ticker symbol. Wikipedia lists it as a private company.
Higgsfield hasn't announced a plan or a date to go public. No IPO filing has been reported.
Its shares are held by its founders and investors, including DST Global, Accel, Nvidia and TCV. This page reports facts and gives no investment advice.
Valuation, round by round
Its valuation went from over $1.3B in January 2026 to $5.4B in August 2026, about four times in seven months.
| Date | Valued at | Raised | Led by | Source |
|---|---|---|---|---|
| Aug 2026 | $5.4B | $400M | DST Global | PR Newswire (Higgsfield) |
| Jan 2026 | $1.3B+ | $80M | Accel | TNW |
| Sep 2025 | — | $50M | GFT Ventures | The Astana Times |
Sacra lists an $8M seed round in April 2024 led by Menlo Ventures, but it isn't confirmed by a primary report. The October 2026 extension's amount and valuation weren't disclosed.
Revenue
Higgsfield's annualized run rate went from $200M in January 2026 to $1B in September 2026, five times in eight months. The figures are the company's own.
| Date | Figure | Basis | Source |
|---|---|---|---|
| Sep 2026 | $1B | Company | Higgsfield's blog |
| Aug 2026 | $700M | Reported | TechCrunch |
| Jun 2026 | $500M | Reported | TNW |
| Jan 2026 | $200M | Reported | TechCrunch |
A run rate is a month's revenue times twelve. It isn't audited revenue. Higgsfield computes its own as the latest four weeks of revenue times 13.
How Higgsfield AI makes money
Higgsfield sells subscriptions and charges for on-demand usage. Subscriptions once made up more than 90% of its revenue and now account for just over 60%, it said in September 2026.
- Subscriptions. It had nearly 1 million paying subscribers in September 2026. Higgsfield's blog
- On-demand usage. Usage paid as it happens has grown as the share from subscriptions fell. Higgsfield's blog
- Business customers. Revenue under contract from business customers is up tenfold since June 2026, the company said. Higgsfield's blog
- Team and Enterprise Plans (November 2025). A shared workspace sold to agencies, brands, studios and education teams. Sacra
Products
- Diffuse (April 2024). Its first mobile app, for making personalized AI videos from selfies. Sacra
- The browser suite (March 2025). A browser-based product for end-to-end AI video creation. Wikipedia
- Similarity Scoring (March 2026). Flags possible likeness to known characters, celebrities and brand logos for Team Plan customers. Sacra
- Supercomputer (May 2026). An agentic product. Users of its agentic products grew 42-fold in three months, with more than 20 million generations a month. AI Insider (press release)
Users and usage
Higgsfield reported more than 40 million users across 238 countries and territories in October 2026, according to MarketScale. The United States is its largest market.
In September 2026 it said it had more than 32 million users and nearly 1 million paying subscribers. It also said it powers campaigns for 390 of the Fortune 500, per its blog.
Its customer support team grew to more than 40 people by September 2026, up from two the October before.
Leadership
- Alex Mashrabov, co-founder and CEO. He co-founded AI Factory, behind Snapchat's Cameos and Face Filters. Higgsfield's blog
- Yerzat Dulat, co-founder and chief technology officer. Wikipedia spells his name Erzat. MarketScale
- Mahi de Silva, co-founder. MarketScale
Who owns Higgsfield AI?
Its founders and investors. As a private company it doesn't publish who holds what, and no stake has been disclosed.
- DST Global led the $400M Series B in August 2026. PR Newswire (Higgsfield)
- Accel led the $80M Series A extension in January 2026. Reuters named GFT Ventures and Menlo Ventures as participants too. TNW
- GFT Ventures led the $50M Series A in September 2025, with BroadLight Capital, NextEquity Partners, AI Capital Partners and Menlo Ventures. The Astana Times
- Nvidia and TCV invested in a Series B extension in October 2026. The amount wasn't disclosed. MarketScale
Competitors
Higgsfield competes with other AI image and video tools, according to Sacra.
Timeline and latest news
From its founding to the latest reports, newest first.
- Oct 23, 2026Latest
Nvidia and TCV invested in a Series B extension of undisclosed size. MarketScale - Oct 23, 2026Latest
It reported more than 40 million users across 238 countries and territories. MarketScale - Sep 24, 2026Latest
It said its annualized revenue run rate crossed $1B, 18 months after launch. Higgsfield's blog - Aug 17, 2026
Raised $400M in a Series B at a $5.4B valuation, led by DST Global. PR Newswire (Higgsfield) - Jun 2026
Its annualized run rate passed a reported $500M. TNW - May 2026
Rolled out Supercomputer, its agentic product. AI Insider (press release) - Mar 2026
Launched Similarity Scoring for Team Plan customers. Sacra - Jan 15, 2026
Raised an $80M Series A extension at a valuation over $1.3B, led by Accel. TNW - Nov 2025
Launched Team and Enterprise Plans for agencies, brands, studios and education teams. Sacra - Sep 10, 2025
Raised a $50M Series A led by GFT Ventures. The Astana Times - Mar 2025
Launched a browser-based product for end-to-end AI video creation. Wikipedia - Apr 2024
Launched Diffuse, a mobile app that makes personalized AI videos from selfies. Sacra
Questions people ask
Is Higgsfield AI a public company? Can I buy Higgsfield stock?
No. Higgsfield AI is private and has no ticker, so its shares aren't sold on any exchange.
When will Higgsfield AI IPO?
It hasn't announced a plan or a date to go public. No filing has been reported.
Who owns Higgsfield AI?
Its founders and investors, including DST Global, Accel, GFT Ventures, Menlo Ventures, Nvidia and TCV. Stakes haven't been disclosed.
Who is the CEO of Higgsfield AI?
Alex Mashrabov, its co-founder. He co-founded AI Factory, behind Snapchat's Cameos and Face Filters.
Who founded Higgsfield AI?
Alex Mashrabov and Yerzat Dulat founded it in 2023, per Wikipedia. MarketScale also names Mahi de Silva as a co-founder.
How much is Higgsfield AI worth?
$5.4B at its Series B in August 2026, per the company. Nvidia and TCV joined an extension in October 2026 with no valuation disclosed.
How much revenue does Higgsfield AI make?
It said its annualized run rate crossed $1B in September 2026, per its blog. That's up from $200M in January 2026.
Is Higgsfield AI profitable?
In September 2026 its CEO said it had been breaking even on a cash-flow basis over the previous couple of months, per its blog. Breaking even on cash flow isn't the same as a profit.
How does Higgsfield AI make money?
Subscriptions bring in just over 60% of revenue, and on-demand usage makes up a growing share. It also sells Team and Enterprise Plans to businesses.
How many people use Higgsfield AI?
More than 40 million users in October 2026, per MarketScale. It had nearly 1 million paying subscribers in September 2026.
People on Real Alpha
- Alex Mashrabov, Co-founder & CEO, Higgsfield AI
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How this page is sourced
Each figure links to the filing, company statement or news report it came from, with its date. Run rates are what reporters were told, not audited results; estimates and unconfirmed reports are marked. Quotes are what each person said on the record, with the minute they said it. Spotted something that's off? .
Last checked Nov 8, 2026