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Deepset

83 employees on LinkedIn · 7 known investors

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deepset builds tools for developing custom LLM agents and applications, and created Haystack, an open-source Python framework used as an enterprise standard for AI agents and applications. It offers enterprise products and expertise built on its open-source foundation to help organizations adopt AI.

AI & Machine LearningDeveloper ToolsEnterprise Software

Founders & leadership

MRMilos Rusic
Milos RusicCo-Founder & CEOMilos Rusic is co-founder of deepset, which builds Haystack, an open-source platform for AI and language model applications. He has led the company since 2018, working with enterprise clients including Siemens, Airbus, and Infineon, and raised venture capital in 2021 to expand the platform's commercial offerings.
MPMalte Pietsch
Malte PietschCo-FounderMalte Pietsch is the founder of Deepset, which builds Haystack, an open platform for creating and deploying AI agents and RAG applications with enterprise governance features.

Investors · 7

Balderton Capitallisted by Balderton CapitalLondon · $5M – $50M

How we know: a partner's Signal profile · funding news · balderton.com · Not right? Tell us

GV (Google Ventures)listed by GV (Google Ventures)Mountain View · $250K – $50M

How we know: GV (Google Ventures)'s portfolio page · techcrunch.com · Not right? Tell us

Harpoon Ventureslisted by Harpoon VenturesSan Diego · $100K – $5M

How we know: Harpoon Ventures's portfolio page · techcrunch.com · Not right? Tell us

Lunar Ventureslisted by Lunar VenturesBerlin · $500K – $2M

How we know: Lunar Ventures's portfolio page · techcrunch.com · Not right? Tell us

SignalRankreported

How we know: the VCSheet dataset · Not right? Tell us

System.Onereported

How we know: techcrunch.com · Not right? Tell us

Funding

SEC filings, press & company announcements

$30M disclosed across 1 of 2 rounds · 2022–2023

Source: company announcements and press reports — follow each round's link for the claim.

In the news

Deepset Raises $30 Million in Fundingthesaasnews.com · Aug 2023Deepset secures $30M to expand its LLM-focused MLOps offerings | TechCrunchtechcrunch.com · Aug 2023Deepset raises $14M to help companies build NLP appstechcrunch.com · Apr 2022

Frequently asked questions

What does Deepset do?
deepset builds tools for developing custom LLM agents and applications, and created Haystack, an open-source Python framework used as an enterprise standard for AI agents and applications. It offers enterprise products and expertise built on its open-source foundation to help organizations adopt AI.
Who founded Deepset?
Deepset was founded by Milos Rusic, Malte Pietsch.
Who are Deepset's investors?
Deepset's investors include Acequia Capital (AceCap), Balderton Capital, GV (Google Ventures), Harpoon Ventures, Lunar Ventures, SignalRank, System.One.
How much funding has Deepset raised?
Deepset has disclosed $30M raised across 1 of its 2 known rounds.