DeepL

DeepL an AI startup that provides instant translation-as-a-service both to businesses and to individuals.

DeepL strives to overcome language barriers through artificial intelligence.

DeepL was founded in 2017 by Jaroslaw (Jarek) Kutylowski. The company is headquartered in Cologne, Germany, with hubs in the Netherlands, the UK, and Poland.

 

DeepL's language translation engine relies on neural networks (NN) to infer accurate translations. DeepL’s neural networks (NN) are able to capture even the slightest nuances and reproduce them in translation unlike any other service.

 

DeepL also launched new models that can more accurately convey the meaning of translated sentences, even overcoming the challenge of industry-specific professional jargon with great success.

 

DeepL outperforms competition by a factor of 3:1. DeepL has been used more than 1 billion users for its exceptional translation quality.

 

DeepL is backed by IVP, Bessemer Venture Partners, Atomico, Benchmark, btov, WiL, and others. The company has completed a $100M funding on Jan 11, 2023. The round valued DeepL at a €1B ($1B+) post-money.

 

 

  • Year founded: 2017
  • Funding Info: $100M over 3 Rounds (Latest Funding Type: Venture- Series Unknown)
  • Yearly Revenue: $50M (FY- 2022)
  • Employee Size: 201-500
  • Business Valuation: Valued at €1B ($1B+) as of Jan 11, 2023
  • City/Town: Cologne
  • State: North Rhine-Westphalia
  • Country: Germany
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