Deepset

SoftwareSeries BBerlin, Germanydeepset.ai

Latest round

Series B

Last raised

Jun 2023

Total raised

$44M

Investors

7

About Deepset

Based in Germany and founded in 2018 by Milos Rusic (CEO), Malte Pietsch (CTO), and Timo Möller, Deepset GmbH provides an open source to the industry to deliver cutting-edge natural language processing (NLP) solutions.One. Deepset offers Haystack, an open-source NLP framework used for semantic search, question answering, and conversational AI. It also offers Deepset Cloud, an enterprise ML/NLP SaaS platform for building and integrating NLP features into your applications. And with Deepset Cloud users can unite their data and NLP pipelines in a central location, experiment with different pipeline configurations and track their performance, build fully functional NLP backend applications, collect user feedback, and automatically scale GPU resources depending on the traffic to an application.

Who invested in Deepset

7 investors across 2 rounds

See all investors in Deepset

Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series B

    Jun 23, 2023

    Amount

    $30M

    Investors

    Locked

  2. Series A

    Jan 3, 2022

    Amount

    $14M

    Investors

    Locked

Questions about Deepset

Who invested in Deepset?

Deepset has 7 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Deepset raised?

Deepset has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Deepset last raise money?

Deepset's most recent round on record is a Series B, in Jun 2023.

What does Deepset do?

Based in Germany and founded in 2018 by Milos Rusic (CEO), Malte Pietsch (CTO), and Timo Möller, Deepset GmbH provides an open source to the industry to deliver cutting-edge natural language processing (NLP) solutions.

Where is Deepset headquartered?

Deepset is headquartered in Berlin, Germany.

Which VCs invest in companies like Deepset?

Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Deepset's stage. Their profiles are linked below.

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