Mistral AI
MA
Mistral AI builds large language models and a developer platform for using them. It releases open-weight models and offers managed APIs and chat products such as Le Chat. The company sells access to its models for consumer and enterprise use, including options for private deployment.
Founded by Arthur Mensch (Co-founder, CEO), Guillaume Lample (Co-founder, Chief Scientist), Timothée Lacroix (Co-founder, CTO)
Blended valuation$24.9B$25.8B secondary
Valuation history
Weekly blended valuation with priced funding rounds marked on the timeline.
$26.8B
blended valuationfunding round
Jun 12, 2023$0Oct 5, 2026
All rounds
6 funding rounds, newest first.
| Round | Announced | Raised | Post-money |
|---|---|---|---|
| Series D | Sep 8, 2026 | $3.5B | $24.4B |
| Series C | Sep 9, 2025 | $2B | $13.7B |
| Series B | Jun 11, 2024 | $502.6M | $6.2B |
| Growth | Feb 27, 2024 | $16.3M | — |
| Series A | Dec 10, 2023 | $414.5M | $2B |
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Investors
36 investors across all rounds.
- LVLightspeed Venture Partners
- AHAndreessen Horowitz
- DGDST Global
- EQEQT
- MIMicrosoft
- PEPSG Equity
- GCGeneral Catalyst
- SVSalesforce Ventures
- BPBpifrance
- IVIndex Ventures
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Secondary market activity
Recent buy and sell interest for Mistral AI shares on the secondary market.
| Kind | Implied valuation | Price / share | Date |
|---|---|---|---|
| $25.8B | — | Oct 6, 2026 | |
| $15.5B | $35.75 | Jul 6, 2026 | |
| $15.5B | $35.75 | Jun 23, 2026 |
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Data as of Oct 15, 2026. Valuations are estimates blended from primary and secondary-market signals — not investment advice.