Fundz

Deepset Secures $30M To Expand Its Llm-Focused Mlops Offerings

PRIVATEAug 09, 2023

Amount Raised

$30 Million

Round Type

Funding Round

HardwareSustainabilityNatural ResourcesSoftwareConsumer GoodsScience And EngineeringInternet ServicesMusic And Audio

Description

Deepset, a platform for building enterprise apps powered by large language models akin to ChatGPT, today announced that it raised $30 million in a funding round led by Balderton Capital with participation from GV and Harpoon Ventures.

Quick answer

Deepset raised $30 Million in a Funding Round round, dated August 9, 2023.

How much did Deepset raise?
Deepset raised $30 Million in a Funding Round round on August 9, 2023.
What does Deepset do?
We are an open source startup that empowers developers to build flexible and semantic search systems to query all types of data using our Haystack framework. deepset is at the forefront of Natural Language Processing..
Who are the decision-makers at Deepset?
Fundz holds 1 contact at Deepset. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Hardware and Sustainability around the same time

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

  • d-Matrix raised $110M (Series B) on September 6, 2023.
  • Divirod raised $3.6M (Seed) on August 3, 2023.
  • LightForce Orthodontics raised $80M (Series D) on August 2, 2023.
  • CADDi raised $89M (Series C) on July 5, 2023.
  • Celestial AI raised $100M (Funding Round) on June 29, 2023.
  • Ahura AI raised $2.7M (Seed) on September 22, 2023.

Who to call at Deepset, and when

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

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Company Information

Company

Deepset

About

We are an open source startup that empowers developers to build flexible and semantic search systems to query all types of data using our Haystack framework. deepset is at the forefront of Natural Language Processing (NLP) and we are on our way to becoming a standard for semantic search. The developers who use our products work at companies like Airbus, Wells Fargo, BMW, and BetterUp. We are currently building a new SaaS product called deepset Cloud. We recently raised our 14mn USD Series A from Top Tier-VC firm GV (Google Ventures) as well as the founders of Snorkel, Deepmind, Neo4j, Cockroach Labs, and Cloudera.

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Deepset raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, 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.