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Mistral AI - About the company

Mistral AI is a series D company based in Paris (France), founded in 2023. It operates as a Provider of customizable, open-source artificial intelligence models and solutions for various applications. Mistral AI has raised $6.54B in funding from investors like Lightspeed Venture Partners, Samsung and Microsoft, with a current valuation of $13.7B. The company has 174 active competitors, including 44 funded and 5 that have exited. Its top competitors include companies like OpenAI, Anthropic and Cohere.

Company Details

Provider of customizable, open-source artificial intelligence models and solutions for various applications. It is a company specializing in open-source large language models and generative AI, providing cutting-edge language models for various applications.
Website
mistral.ai
Social
X
Email ID
*****@mistral.ai
Registered Address
15 RUE DES HALLES, 75001 PARIS, FRANCE.
Key Metrics
Founded Year
2023
Location
Paris, France
Stage
Series D
Total Funding
$6.54B in 9 rounds
Latest Funding Round
Post Money Valuation
$13.7B as on Sep 10, 2025
Ranked
Employee Count
1,611 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
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Mistral AI's funding and investors

Mistral AI has raised a total funding of $6.54B over 9 rounds. Its first funding round was on Jun 13, 2023. Its latest funding round was a Series D round on Sep 08, 2026 for $3.49B. 23 investors participated in its latest round. Mistral AI has 55 institutional investors and 7 angel investors.

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Mistral AI's founders and board of directors

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Mistral AI's employee count trend

Mistral AI has 1,611 employees as of Aug 26. Here is Mistral AI's employee count trend over the years:
Employee count trend for Mistral AI
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Mistral AI's Competitors and alternates

Top competitors of Mistral AI include OpenAI, Anthropic and Cohere. Here is the list of Top 10 competitors of Mistral AI, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for OpenAI
OpenAI
2015, San Francisco (United States), Series F
Artificial intelligence research and development platform offering advanced language models
$180B
89/100
2nd
Logo for Anthropic
Anthropic
2021, San Francisco (United States), Series H
Provider of AI safety and research company
$132B
83/100
3rd
Logo for Mistral AI
Mistral AI
2023, Paris (France), Series D
Provider of customizable, open-source artificial intelligence models and solutions for various applications
$6.54B
78/100
4th
Logo for Cohere
Cohere
2019, Toronto (Canada), Series D
Developer of enterprise AI platform and multilingual language and retrieval models
$1.54B
78/100
5th
Logo for Sakana
Sakana
2023, Tokyo (Japan), Series B
Provider of AI research laboratory services
$379M
71/100
6th
Logo for Krutrim
Krutrim
2023, Bengaluru (India), Series B
Provider of AI cloud infrastructure, foundational models, and applications
$74.9M
68/100
7th
Logo for DeepSeek
DeepSeek
2023, Hangzhou (China), Series A
Open source based AI assistant for enterprises
$4.4B
68/100
8th
Logo for Zhipu
Zhipu
2021, Haidian (China), Public
AI powered code generation tool for developers
$1.4B
67/100
9th
Logo for Aleph Alpha
Aleph Alpha
2019, Heidelberg (Germany), Acquired
Provider of an AI-enabled text and image analytics platform
$533M
66/100
10th
Logo for AI21 Labs
AI21 Labs
2017, Tel Aviv (Israel), Series D
Platform offering AI focused writing and reading assistants
$636M
66/100
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Mistral AI's Investments and acquisitions

Mistral AI has made 2 investments in companies including Clastix and Atlys. Mistral AI has also acquired 2 companies including Emmi AI and Koyeb.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Sep 24, 2026
Investments
2020
Naples (Italy)
May 19, 2026
Acquisition
2024
Linz (Austria)
Feb 17, 2026
Acquisition
2011
Paris (France)
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Reports related to Mistral AI

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News related to Mistral AI

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Media has covered Mistral AI for a total of 147 events in the last 1 year, 69 of them have been about company updates and 34 about partnerships.
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