deepset

Berlin, Germany Founded: 2018 • Age: 8 yrs
Provider of language models for text analytics
Annual revenue - Latest available
Total funding $45.6M 3 rounds
Employees - Tracked headcount
Investors 14 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About deepset

deepset is a company based in Berlin (Germany) founded in 2018. deepset has raised $45.6 million across 3 funding rounds from investors including Tiny VC, Balderton Capital and Google Ventures. deepset offers products and services including deepset AI Platform, Haystack, and Retrieval Augmented Generation (RAG). deepset operates in a competitive market with competitors including Stability AI, LangChain, Fetch.ai, Mozn and Stockmark, among others.

  • Headquarter Berlin, Germany
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $45.6 M (USD)

    in 3 rounds

  • Latest Funding Round
    $30 M (USD), Series B

    Aug 09, 2023

  • Investors
    Tiny VC

    & 13 more

  • Employee Count
    Not available
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Products & Services of deepset

deepset offers a comprehensive portfolio of products and services, including deepset AI Platform, Haystack, and Retrieval Augmented Generation (RAG).

Product name locked
Category locked
Primary

Platform for streamlining and scaling AI application development.

Product name locked
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Framework for orchestrating components in custom LLM applications.

Product name locked
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System for creating contextual chat experiences with knowledge bases.

People of deepset

Headcount 50-200
Employee Profiles 30
Employee Profiles
People
Paula Plattner
Account Executive
People
Milos Rusic
Co-Founder & CEO
People
Malte Pietsch
Co-Founder & CTO
People
Tobias Wochinger
Team Lead

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Funding Insights of deepset

deepset has successfully raised a total of $45.6M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in August 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in deepset

deepset has secured backing from 14 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Tiny VC, Balderton Capital and Google Ventures.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Multistage venture capital investments are focused on technology sectors.
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Corporate backed venture capital fund investing in multiple sectors
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Venture capital investments are made in American technological innovation.
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Investor details for deepset

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
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Investments & Acquisitions by deepset

Investments
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Investment portfolio details for deepset

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Financial Statements - deepset

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Detailed financials for deepset

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Deepset Comparisons

deepset Primary company
Description
Provider of language models for text analytics
Location
Berlin, Germany
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for deepset

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Competitors of deepset

deepset operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Stability AI, LangChain, Fetch.ai, Mozn and Stockmark, among others.

Company Name Domain Founded year HQ Location Description
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Developer of generative AI models for image, video, audio, and 3D
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Developer of tools for building, testing, and deploying AI agent applications
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Blockchain-based network for AI infrastructure and applications is operated.
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Artificial Intelligence solutions to empower enterprises in making critical decisions
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NLP-based data analysis solutions are offered for global business news.
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Detailed competitors of deepset

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Latest news on Deepset

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Complete news archive for deepset

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about deepset

deepset was founded in 2018 and raised its 1st funding round 3 years after it was founded.

deepset is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.

deepset is a funded company, having raised a total of $45.6M across 3 funding rounds to date.

deepset was founded in 2018 in Berlin, Germany, as a provider in the natural language processing sector. An open-source platform based on NLP is offered, allowing developers to apply the latest language models and transfer learning techniques to various tasks. Operations focus on text analytics solutions, supporting integration for enterprise and research applications across Europe and beyond.

deepset's top competitors include Stability AI, Mozn and LangChain.

deepset offers deepset AI Platform, Haystack, and Retrieval Augmented Generation (RAG).

deepset has 14 investors. Key investors include Tiny VC, Balderton Capital, Google Ventures, Harpoon Ventures, and Lunar Ventures.

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