Fundraising Fox

DeepL

Unicorn · $2B

Cologne, DE · 1,492 employees on LinkedIn · 11 known investors

DeepL builds a Language AI platform that provides translation, voice meeting transcription, and multilingual communication tools for enterprises. The platform enables businesses to eliminate language barriers across operations and accelerate global growth.

Also known as DeepL GmbH · DeepL SE

Founders & leadership

JK
Jarek KutylowskiinCEO and Founder

Investors · 11

Valuation · disclosed

Disclosed events
$2Bvaluation at Growth roundMay 2024
filing ↗
$1BvaluationJan 2023
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

Company profile

researched Aug 2026

DeepL is a German Language AI company that develops automated translation and writing technology for businesses and individual users. Its platform spans DeepL Translator for text translation in more than 100 languages, document translation that preserves original formatting and layout across major file formats, DeepL Write for improving spelling, grammar, phrasing, style and tone, DeepL Voice for real-time translated captions in virtual meetings (with Zoom Meetings and Microsoft Teams integrations) and for face-to-face conversations on mobile devices, and a translation API for embedding language capabilities into websites, internal tools and applications. The company also offers desktop and mobile apps and a range of third-party integrations, and operates a research unit it markets as DeepL AI Labs.

Enterprise features include custom glossaries, style and terminology rules, tone control, a "Clarify" function and security controls positioned for regulated and technical industries such as life sciences, manufacturing, legal, finance, government and retail. As of 2025 the company says more than 200,000 business teams and millions of individuals use its products; in May 2024 it reported more than 100,000 business and organizational customers and support for 32 languages. Named customers and case studies include Sumitomo Corporation, Merck KGaA, Cybozu, Daiwa Securities, Hitachi Industrial Equipment Systems, Zendesk, Nikkei, Coursera and Deutsche Bahn.

Founding story

DeepL was founded in Cologne in 2017 by CEO Jarek (Jaroslaw) Kutylowski, a PhD computer scientist, around the premise that language should not limit how far businesses can go. Kutylowski has described his own experience of entering a German school in sixth grade without speaking German as formative for his interest in using AI to simplify cross-language communication.

Business model

DeepL sells subscription-based access to its Language AI products to businesses and individual users, with a free tier and free trials, paid Pro tiers, enterprise plans and a usage-based developer API. Its go-to-market has historically been driven by self-serve inbound adoption, which the company has been supplementing with a direct enterprise sales motion.

Revenue comes from paid subscriptions to the DeepL platform (Translator, Write, Documents, Voice) and from the DeepL API used by developers and enterprises, sold via free trials and self-serve sign-up as well as through a sales team and a partner program. The company was described as not yet profitable as of May 2024.

Traction

The company reports more than 200,000 business teams and millions of individual users as of 2025, up from more than 100,000 businesses and organizations reported in May 2024. Language coverage expanded from 32 languages in May 2024 to more than 100. Public customer stories cite outcomes such as Sumitomo Corporation cutting translation time by more than half and Hitachi Industrial Equipment Systems reducing translation time by 60%. The company lists recognition including TIME 100 (2025), Forbes AI 50, Forbes Cloud 100, the BIG Innovation Award, G2 awards and Fast Company's Most Innovative Companies.

Latest developments

DeepL has expanded from text translation into a unified platform including Voice for Meetings (Zoom and Microsoft Teams integrations) and Voice for Conversations for frontline staff on mobile, alongside Write, Documents and API products, and markets a research effort called DeepL AI Labs. It reports support for more than 100 languages and over 200,000 business customers, and states it deployed NVIDIA DGX SuperPOD with DGX GB200 systems as a first in Europe.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

DeepL positions itself as a leading Language AI provider and, according to a Cologne economic development interview, ranks as the most-used machine translation provider, competing directly with Google and Microsoft. It was valued at $2 billion in May 2024. Management attributes its position to a narrow focus on translation quality relative to platform companies for which translation is one project among many.

DeepL differentiates on translation quality and specialization: a single-purpose focus on language, a proprietary LLM refined with thousands of professional linguists, quality-assessed training data gathered by purpose-built crawlers, and enterprise controls such as glossaries, style rules, tone adaptation and enterprise-grade security, together with format-preserving document translation and real-time voice translation.

Technology

DeepL's products are built on a specialized large language model trained on proprietary data and refined in collaboration with thousands of professional language experts. The company has developed crawlers that automatically find translations on the web and assess their quality for use as training data, and emphasizes network architecture optimization and training methodology over raw data volume. It states it was the first company in Europe to deploy NVIDIA's DGX SuperPOD with DGX GB200 systems and that it powers its supercomputer clusters with renewable energy. Its in-house PDF translation service uses an SDK licensed from Apryse Systems.

Go-to-market

DeepL combines free and trial-led self-serve adoption of its translator, apps and browser/workplace integrations with direct enterprise sales and a partner program. Following its 2024 financing, the company said it was investing in outbound sales and marketing to deepen relationships with existing customers and add new enterprise accounts, alongside hiring more non-technical staff to balance a workforce that was roughly 60% technologists.

Enterprises and business teams across industries including life sciences, manufacturing, legal, finance, government and retail, plus developers integrating translation via API and millions of individual consumer users. Referenced customers include Sumitomo Corporation, Merck KGaA, Cybozu, Daiwa Securities, Hitachi Industrial Equipment Systems, Zendesk, Nikkei, Coursera and Deutsche Bahn.

Geography

Headquartered in Cologne, Germany, where DeepL SE is registered at Maarweg 165 and in the commercial register of Amtsgericht Köln (HRB 104617). Cologne remains the company's core location and talent base; DeepL opened its first US technology centre by late 2024 and serves customers globally, with notable named customers in Japan and Europe.

History

Founded in Cologne in 2017, DeepL grew from a single translation product into a broader Language AI platform. It was valued at $1 billion in January 2023 after raising just over $100 million, and in May 2024 announced a $300 million round led by Index Ventures at a $2 billion post-money valuation, with proceeds directed at sales, marketing and R&D. Around that time it launched DeepL Write Pro for business users. By late 2024 the company had opened its first technology centre in the United States, expanded its glossary functionality, appointed a new CTO and CMO, and expanded its computing infrastructure. It has since added voice products for meetings and conversations and expanded language coverage to more than 100 languages.

Risks & controversies

DeepL was reported as not profitable as of May 2024. It faces competition from specialist translation and writing tools such as Google Translate and Grammarly, from platform incumbents including Google, Microsoft and Amazon that offer translation services, and potentially from foundation-model companies such as OpenAI and Anthropic. Coverage also noted execution risk in shifting from an inbound, research-led organization to an enterprise sales motion, and the broader difficulty of moving enterprise AI deployments beyond pilot stage.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Business customersJan 2025200,000 businesses
HeadcountAug 20261,492
Languages supportedJan 2025100 languages
ProfitabilityMay 2024Not profitable as of May 2024
Share of staff in technical rolesMay 202460%
ValuationNov 2024$2B

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Founder mafia

2 people who came through DeepL went on to found or lead other companies.

Competitors · 1

by search overlap

Companies competing with DeepL for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 7

launches, deals, and filings
Jan 2025
Named to TIME 100

DeepL lists a TIME 100 recognition (TIME 2025) among its awards, alongside Forbes AI 50, Forbes Cloud 100, the BIG Innovation Award, G2 recognition and Fast Company's Most Innovative Companies.

source ↗

Jan 2025
First company in Europe to deploy NVIDIA DGX SuperPOD with DGX GB200 systems

DeepL states it became the first company in Europe to deploy NVIDIA's DGX SuperPOD with DGX GB200 systems, and powers its supercomputer clusters with renewable energy.

source ↗

Nov 2024
First US technology centre opened

CEO Jaroslaw Kutylowski said DeepL had opened its first technology centre in the US, expanded its glossary function and further expanded its computing infrastructure.

source ↗

Nov 2024
New CTO and CMO appointed

In an interview published November 2024, Kutylowski said DeepL had introduced a new CTO and a new CMO in recent weeks and months.

source ↗

May 2024
DeepL raises $300M at a $2B post-money valuation

DeepL announced a $300 million raise led by Index Ventures at a $2 billion post-money valuation, with participation from ICONIQ Growth, Teachers' Venture Growth, IVP, Atomico and WiL. Proceeds were earmarked for sales and marketing plus research and development.

$300M source ↗

May 2024
DeepL Write Pro released for business users

DeepL added DeepL Write Pro, a writing assistant tailored for business use, to its product portfolio.

source ↗

Jan 2023
DeepL raises just over $100M at a $1B valuation

DeepL was valued at $1 billion in January 2023 when it raised just over $100 million.

$100M source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does DeepL do?
DeepL is a Cologne-based Language AI company offering AI translation, writing, voice and API products for businesses.
Who founded DeepL?
DeepL was founded by Jarek Kutylowski.
Who are DeepL's investors?
DeepL's investors include Bessemer Venture Partners, ICONIQ, Index Ventures, IVP (Institutional Venture Partners), Atomico, b2venture, Benchmark, ICONIQ Growth and 3 more.
Where is DeepL headquartered?
DeepL is headquartered in Cologne, DE.