DeepL
A deep look at DeepL's finances, team, and market position in the NLP space.
Awaira Score
Out of 100
HQ
Germany
Founded
2017
Raised
$500M
Stage
Series C
Team
500-1000
About DeepL
DeepL provides neural machine translation services through a consumer web interface and API, with translation quality benchmarks that consistently place its output above competing services including Google Translate and Microsoft Translator for European language pairs. The Cologne-based company trains its translation models on a proprietary multilingual corpus and applies specialised…
Key Facts
- DeepL is valued at $2B as of March 2026.
- DeepL has raised a total of $500M in disclosed funding across 1 funding rounds.
- DeepL was founded in 2017 by Jaroslaw Kutylowski and is headquartered in Germany.
- DeepL employs approximately 500-1000 people.
- DeepL operates in the NLP category and is currently at the Series C stage.
- DeepL has an Awaira Score of 80/100, ranking it among the highly notable AI companies on Awaira.
- DeepL's most recent funding round was a Series B of $100M closed in January 2023, led by IVP.
Source: Awaira · Updated Mar 24, 2026
Valuation
$2B
Post-money
Total Raised
$500M
All rounds
Awaira Score
80/100
Founded
2017
500-1000 employees
Strengths & Risks
Strengths
Unicorn status with $2B valuation
Elite Awaira Score of 80/100
Large team of 500-1000+ employees
Analysis based on publicly available data. Not investment advice.
Awaira estimate based on public data. Not financial advice.
How does DeepL stack up against competitors?
Competitor Comparison
| Metric | ★DeepL | iFlytek | Rasa | Eigen Technologies |
|---|---|---|---|---|
| Awaira Score | 80/100 | 68/100 | 60/100 | 58/100 |
| Total Raised | $500M | N/A | $70.22M | $37M |
| Valuation | $2B | $10B | N/A | N/A |
| Stage | Series C | Public | Series C | Series B |
| Founded | 2017 | 1999 | 2016 | 2014 |
| Employees | 500-1000 | 10000+ | 100-500 | 100-500 |
| Country | 🇩🇪 | 🇨🇳 | 🇺🇸 | 🇬🇧 |
Investors in DeepL
Funding Rounds
InactiveLed by IVP
$100M
Jan 2023
DeepL Latest News
One Peak Partners Leads $300M Round in AI Translation Leader DeepL
DeepL Launches AI Writing Assistant to Compete with Grammarly
DeepL Closes Funding Round as Investor Interest in AI Surges
DeepL Raises $300 Million at $2 Billion Valuation for AI Translation
Open Positions at DeepL
View all jobs →Founded Same Year (2017)
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