How much funding has DeepL raised?

DeepL has raised $415.0M across 5 funding rounds.

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.

Location

Cologne, Germany

Employees

501-1000

Founded

2017

Industry

SaaS, AI/ML

Funding Category

Series C

Latest Funding Round Size

$300M

Market Position

Leader

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 - $15M

November 16, 2022

Lead Investor: IVP

Series B - $100M

January 11, 2023

Lead Investor: IVP, Bessemer Venture Partners, Atomico, World Innovation Lab, Benchmark, b2venture, Flat Capital

Series C - $300M

May 22, 2024

Lead Investor: Index Ventures, ICONIQ Growth, Teachers’ Venture Growth, IVP, Atomico, WiL

Other Considerations

Millions of users translate with DeepL daily; Offers a free version with limited features; DeepL Pro available for enhanced capabilities and security.

Future Outlook

DeepL's outlook for the AI industry in 2025 indicates a significant integration of AI technologies across various sectors. According to their reports, 72% of executives plan to incorporate AI into their operations, with a focus on enhancing communication through AI-powered language solutions. DeepL emphasizes that the combination of AI and human input will yield the best results, particularly in fields like legal and business communications. They predict that advancements in AI will lead to more context-aware translations and improved efficiency in global business interactions.

Awards Recognition

Forbes AI 50 List (2024) - DeepL was named one of the world's most innovative tech companies by Forbes.
Honorary German AI Award (2019) - DeepL was awarded the first-ever Honorary AI Award at the inaugural German AI Awards.
AI Excellence Award (2025) - DeepL won an AI Excellence Award in the Most Innovative AI Products category, awarded by the Business Intelligence Group.
Fast Company's Most Innovative Companies (2025) - DeepL was recognized as a top innovator in AI technology.