Fundz

Deepl, The Ai-Based Language Translator, Raises Over $100M At A $1B+ Valuation

Jan 11, 2023

Amount Raised

$100 Million

Round Type

Funding Round

CologneSoftwareArtificial IntelligenceLanguage Learning

Description

Artificial intelligence startups, and (thanks to GPT and Open AI) specifically those helping humans communicate with each other, are commanding a lot of interest from investors, and today the latest of these is announcing a big round of funding. DeepL, a startup that provides instant translation-as-a-service both to businesses and to individuals — competing with Google, Bing and other online tools — has confirmed a fundraise at a €1 billion valuation (just over $1 billion at today’s rates).

Quick answer

DeepL raised $100 Million in a Funding Round round, dated January 11, 2023. DeepL is based in Cologne, North Rhine Westphalia, Germany.

How much did DeepL raise?
DeepL raised $100 Million in a Funding Round round on January 11, 2023.
What does DeepL do?
DeepL is a global communications platform powered by Language AI.
Where is DeepL based and how big is it?
DeepL is based in Cologne, North Rhine Westphalia, Germany. Fundz records about 1,300 employees.
Who are the decision-makers at DeepL?
Fundz holds 1 contact at DeepL, including the Product Manager . Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Language Learning and Software around the same time

Companies in the same sectors as DeepL that raised within 45 days of this round, from Fundz verified event records.

  • Magic raised an undisclosed amount (Series A) on February 7, 2023.
  • Magic raised $28M (Funding Round) on February 6, 2023.
  • ProsperOps raised $72M on February 23, 2023.
  • Hirelogic raised $6M (Series A) on February 22, 2023.
  • Nuvento raised $3.3M (Seed) on February 18, 2023.
  • Axion Ray raised $7.5M (Funding Round) on February 16, 2023.

Who to call at DeepL, and when

A new round usually means DeepL is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day DeepL raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at DeepL, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at DeepL. With Fundz connected, it knows.

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Company Information

Company

DeepL

Location

Cologne, North Rhine Westphalia, Germany

About

DeepL is a global communications platform powered by Language AI. Since 2017, we’ve been on a mission to break down language barriers. Our human-sounding translations and intelligent writing suggestions are designed with enterprise security in mind. Today, they enable over 200,000 businesses to transform communications, reach new markets, and improve productivity. And, empower millions of individuals around the world to make sense of the world and express their ideas.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment DeepL raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsLukas L., Product Manager hidden hidden hiddenSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for DeepL's next move

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DeepL raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.