Private
Mistral AI stock.
Mistral AI is a French frontier AI lab building open and proprietary language models. It raised at a $6B valuation in 2024 and is backed by Andreessen Horowitz, Lightspeed, and others. It is one of the most closely watched European AI companies ahead of a potential IPO.
Key facts.
| Company | Mistral AI |
|---|---|
| Product | Mistral models |
| Valuation | $6B (2024 Series B) |
| Total raised | $1.1B |
| Key investors | Andreessen Horowitz, Lightspeed, General Catalyst, Salesforce |
| IPO status | Private — no confirmed IPO date |
| Last updated | 2026-01-01 |
How to buy Mistral AI shares.
Mistral AI is currently private. There is no public stock ticker or exchange listing. The main ways retail investors can access shares are:
- Secondary markets. Platforms like Forge Global, EquityZen, and Hiive facilitate purchases of existing shares from early employees or investors. These are available to accredited investors in some countries. Minimum investments are typically high and liquidity is limited.
- Wait for the IPO. If Mistral AI files an S-1 and lists on a major exchange, shares will become available to all investors through any broker with access to that exchange. IPO timing is not confirmed.
- Indirect exposure. Some investors gain indirect exposure through listed companies that invest in or partner with Mistral AI. This is not the same as owning Mistral AI equity.
See our broker comparison for secondary-market platforms.