DeepL Analysis: $415M Raised
What is DeepL?
DeepL specializes in providing advanced translation services and writing enhancement tools. Their unique AI technology delivers high-quality translations that adapt to user needs. This capability enables individuals and teams to communicate effectively across language barriers.
HQ Country
Cologne, Germany
Employees
501-1000
Founded
2017
Industry
SaaS, AI/ML
Product Features & Capabilities
- DeepL Translator for text and document translation
- DeepL Write for writing enhancement and style adaptation
- DeepL Voice for real-time multilingual conversations
- DeepL API for integrating translation into applications
- DeepL Integrations with productivity tools like Microsoft Word and Google Workspace.
How much DeepL raised
Series A - N/A
November 18, 2018Lead Investor: BtoV, Benchmark
Series A - N/A
December 3, 2018Lead Investor: Benchmark
Series A - $15M
November 16, 2022Lead Investor: IVP
Series B - $100M
January 11, 2023Lead Investor: IVP, Bessemer Venture Partners, Atomico, World Innovation Lab, Benchmark, b2venture, Flat Capital
Series C - $300M
May 22, 2024Lead Investor: Index Ventures, ICONIQ Growth, Teachers’ Venture Growth, IVP, Atomico, WiL
Financial Overview
$415MTotal Raised
Series A
November 18, 2018
Investors: BtoV, Benchmark
Series A
December 3, 2018
Investors: Benchmark
Series A$15M
November 16, 2022
Investors: IVP
Series B$100M
January 11, 2023
Investors: IVP, Bessemer Venture Partners, Atomico, World Innovation Lab, Benchmark, b2venture, Flat Capital
Series C$300M
May 22, 2024
Investors: Index Ventures, ICONIQ Growth, Teachers’ Venture Growth, IVP, Atomico, WiL
