AI/ML
DeepL
DeepL raises $324M Series at $2B valuation
$324M
Total Raised
Series
Latest Round
2017
Founded
800+
Employees
Cologne, Germany
1 min read
Quick Facts
Valuation
$2B
Latest Round Size
$324M
Latest Round Date
November 2024
DeepL: Series Funding Round
DeepL has successfully raised $324M in Series funding, reaching a valuation of $2B.
Company Overview
Provides high-quality translation services using neural machine translation
Funding Details
The Series round was led by IVP, with participation from Bessemer Venture Partners.
Company Information
- Headquarters: Cologne, Germany
- Founded: 2017
- Employees: 800+
- Category: AI/ML
Investment
DeepL plans to use the funds to accelerate product development, expand its team, and scale operations globally.
About the Investors
- IVP: Verified investor in Series
- Bessemer Venture Partners: Verified investor in Series
Key Investors
IVP
Lead Investor
Verified investor in Series
Bessemer Venture Partners
Investor
Verified investor in Series
About the Author
Editorial Team
Curated funding news from verified sources
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