Fundraising Fox

Deepset

83 employees on LinkedIn · 7 known investors

Find your way into Deepset

754 people in our graph share verified history with the Deepset team — schools, employers, funds. One of them is your warm intro.

Javier Solterounlockedknows Malte Pietsch · together at Carnegie Mellon University (overlapped)
×3knows the team · via University of California, Berkeley
×8knows the team · via Norwegian School of Economics (NHH)

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 RusicinCo-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 PietschinCo-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

Acequia Capital (AceCap)Seattle · $100K – $5M
Balderton CapitalLondon · $5M – $50M
GV (Google Ventures)Mountain View · $250K – $50M
Harpoon VenturesSan Diego · $100K – $5M
Lunar VenturesBerlin · $500K – $2M
SignalRankreported
System.Onereported

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 raises $30m to help the world’s biggest companies leverage LLM promise. - Balderton Capitalbalderton.com · Aug 2023Deepset secures $30M to expand its LLM-focused MLOps offerings | TechCrunchtechcrunch.com · Aug 2023Deepset, an AI startup that helps companies build apps with LLMs, just raised $30 million with this 12-slide pitch deckbusinessinsider.com · Aug 2023Deepset raises $30M to help enterprises unlock the value of LLMs | VentureBeatventurebeat.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.