What does Mistral AI do?

French AI company developing open-weight and proprietary frontier LLMs plus enterprise AI tooling and compute infrastructure.

Who founded Mistral AI?

Mistral AI was founded by Arthur Mensch, Guillaume Lample, Timothee Lacroix, Timothée Lacroix.

Who are Mistral AI's investors?

Mistral AI's investors include Andreessen Horowitz, Conviction, European Investment Fund, Factorial Funds, firstminute capital, Index Ventures, Integra Groupe, Korelya Capital and 12 more.

How much funding has Mistral AI raised?

Mistral AI has disclosed $3.5B raised across 1 of its 8 known rounds.

Where is Mistral AI headquartered?

Mistral AI is headquartered in Paris, FR.

Mistral AI

Unicorn · $14B

Paris, FR · 24 known investors

mistral.ai ↗

Mistral builds and open-sources frontier AI models, developer tools, and applications for organizations in finance, manufacturing, defense, energy, and the public sector to solve complex problems. The company provides full-stack AI solutions including models, frameworks, and compute infrastructure.

Also known as Mistral · Mistral AI SAS · mistralai

AI & Machine LearningCloud ComputingDeveloper ToolsEnterprise Software

Founders & leadership

Arthur Mensch in 𝕏Co-founder & CEOCo-founder & CEO of Mistral AI

Guillaume Lample 𝕏Co-founder & Chief ScientistCo-founder & Chief Scientist of Mistral AI

Timothee LacroixCo-founder and CTO

Timothée LacroixCo-founder & CTOCo-founder & CTO of Mistral AI

Investors · 24

Andreessen HorowitzMenlo Park · $500K – $50M

ConvictionSan Francisco · $1M – $25M

European Investment FundLuxembourg

Factorial FundsSan Francisco

firstminute capitalLondon · $1.3M – $3.8M

Index VenturesSan Francisco · $540K – $10.8M

Integra GroupeMenlo Park · $100K – $200K

Korelya CapitalParis

Lightspeed Venture PartnersMenlo Park · $1.7M – $87M

Millennium New HorizonsSilicon Valley

Millennium Technology Value PartnersBelgrade

PUSH VenturesVienna

SV AngelSan Francisco

Valkyrie Ventures Management, LlcPark City

BpifrancereportedParis, Ile-De-France · $270K

Databricks VenturesreportedSan Francisco

Emerson Collective InvestingreportedPalo Alto · $100K – $1M

General CatalystreportedSan Francisco · $30M

Kima VenturesreportedParis · $50K – $5M

redalpinereportedZug · $108K – $2.2M

Also in the syndicate · 4

ASMLJCDecauxMicrosoftleadSalesforce

Funding

SEC filings, press & company announcements

$3.5B disclosed across 1 of 8 rounds · 2023–2026

$3.5BraisedJun 2026 · 2 sources
Andreessen Horowitz, ASML, Bpifrance, General Catalyst, Lightspeed Venture Partners
Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

Valuation · disclosed

Disclosed events

$13.7Bvaluation at Series CSep 2025

filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

Company profile

researched Aug 2026

Mistral AI SAS is a Paris-headquartered artificial intelligence company founded in April 2023 that develops large language models, many released under open licenses such as Apache, alongside proprietary models served through APIs. Its published model families include Mistral Large 3, Mistral Medium 3.5, Mistral Small 4, Ministral 3 (14/8/3B), Codestral-2508, Mistral OCR 3, Magistral 1.2, Devstral 2 and Voxtral audio models; earlier releases include Mistral 7B, Mixtral 8x7B, Codestral and Mathstral. As of August 2026 its largest public model is Mistral Large 3, released in December 2025, a mixture-of-experts model with 675 billion parameters of which 41 billion are active.

The company's commercial portfolio spans a consumer and enterprise assistant (Le Chat, renamed Vibe at the end of May 2026, with a CLI coding agent, Mistral Vibe, published on GitHub), Studio for building, testing and deploying AI agents and applications, Forge for training, aligning and evaluating custom models, an applied-AI services practice, and Mistral Compute, an AI cloud offering dedicated GPU clusters for training and inference. Deployment options include self-hosting on virtual cloud, edge or on-premises, Mistral's own EU-hosted cloud, and third-party clouds (Google Cloud, AWS, Azure, SAP, IBM, Snowflake, NVIDIA, Outscale).

Mistral distributes open checkpoints through a Hugging Face organization with roughly 75 models, 4 datasets and 5 demo spaces, and maintains open-source repositories on GitHub including mistral-inference, mistral-finetune, mistral-common, client libraries for Python and TypeScript, and a cookbook.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported

ASML shareholdingSep 202511%

Employee rangeJan 2026501-1000

EmployeesJan 20261,000 people

GitHub stars - mistral-inferenceAug 202610,800 stars

GitHub stars - mistral-vibe CLI coding agentAug 20264,858 stars

Hugging Face public modelsJan 202675 models

Largest public model parametersAug 2026675,000,000,000 parameters

Le Chat Pro subscription priceFeb 2025$14.99

Total funding raisedJan 2026$3.2B

ValuationSep 2025$13.7B

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 9

by search overlap

OpenAI725 shared keywordsOpenAI is an AI research and deployment company focused on developing artificial general intelligence (AGI) with emphasis on safety and beneficial outcomes for humanity.

Hugging Face667 shared keywordsHugging Face is a collaboration platform that hosts and provides access to machine learning models, datasets, and applications. It offers both open-source tools for the ML community and paid compute and enterprise solutions for teams building AI applications.

Netezza398 shared keywordsIBM is a global technology company whose business spans enterprise software (including Red Hat, HashiCorp, and Confluent), IT infrastructure such as mainframes, servers, and storage, and IT consulting services. The company is also investing heavily in quantum computing and AI-based enterprise offerings, including its Lightwell open-source software security clearinghouse and the Anderon quantum wafer foundry.

Ollama338 shared keywordsOllama provides a platform for building with and running open-source language models locally and in the cloud. It enables developers to quickly deploy and access models like Claude Code and OpenClaw.

DataCamp318 shared keywordsDataCamp is a learning platform for teams that teaches data and AI skills through hands-on coursework accessible via web browser and mobile app. It serves enterprise customers and development teams seeking to build technical capabilities.

OpenRouter286 shared keywordsOpenRouter operates an AI gateway that allows developers to access and compare hundreds of language models from multiple providers in a single platform. The service eliminates vendor lock-in while offering improved pricing, uptime, and reliability for companies and developers.

Anthropic277 shared keywordsAnthropic is an AI safety research company that builds reliable, interpretable, and steerable AI systems. The company conducts frontier AI research, applies safety techniques, and deploys systems through products and partnerships.

ChatGPT201 shared keywordsChatGPT is an AI assistant that generates text responses, creates images, and processes uploaded files based on user prompts and saved chat history.

LM Studio195 shared keywordsLM Studio offers Bionic, a locally-run AI agent designed to work with open models for creativity, work, and coding tasks. The product runs natively on local machines rather than in the cloud.

Companies competing with Mistral AI for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 21

launches, deals, and filings

Jul 2026

Expanded multibillion-dollar Microsoft partnership

Agreement supporting AI infrastructure development in Europe; Microsoft agreed to use part of Mistral's expanded European computing capacity, and Mistral Medium 3.5 and OCR 4 were added to Microsoft Foundry, with Medium 3.5 also added to Copilot Studio.