DeepL
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About DeepL
Industries
Consulting
Consumer Software
AI & Machine Learning
Company Size
1,001-5,000
Company Stage
Late Stage VC
Total Funding
$398.8M
Headquarters
Cologne, Germany
Founded
2009
Overview
Simplify's Take
What believers are saying
- DeepL's $300M investment reflects strong investor confidence and growth potential.
- Expansion into the US with a New York hub indicates strategic growth focus.
- DeepL Voice positions the company as a strong competitor in the growing voice translation market.
What critics are saying
- Competition from Google Translate could impact DeepL's market share.
- Reliance on NVIDIA systems poses risks if supply chain issues arise.
- US market expansion may face regulatory challenges and increased operational costs.
What makes DeepL unique
- DeepL Voice offers real-time multilingual communication, setting it apart in the AI market.
- DeepL's AI writing assistant and glossary generator cater to business productivity needs.
- DeepL's NVIDIA DGX SuperPOD enhances computational capabilities, improving AI model efficiency.
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Funding
Total Funding
$398.8M
Above
Industry Average
Funded Over
1 Rounds
Bessemer Venture PartnersBenefits
Hybrid Work Options
Flexible Work Hours
Paid Vacation
Mental Health Support
Growth & Insights and Company News
6 month growth
↑ 1%1 year growth
↑ 3%2 year growth
↑ 3%The financing round of DeepL has been nominated as Deal of the Year at the upcoming Legal 500 Awards.
NEW YORK, Dec. 5, 2024 /PRNewswire/ - DeepL, a leading global Language AI company, today unveiled its latest white paper, AI and Law: Unlocking Global Success" diving into the groundbreaking ways AI is transforming the future of the legal profession in 2025 and beyond.
DeepL revolutionizes Language AI with launch of DeepL Voice for real-time multilingual communication.
DeepL, a leading global Language AI company, today announced the launch of its first voice translation solution DeepL Voice, with the first two products unveiled: Voice for Meetings and Voice for Conversations.
Google Translate rival DeepL launches live translation feature.
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About DeepL
Industries
Consulting
Consumer Software
AI & Machine Learning
Company Size
1,001-5,000
Company Stage
Late Stage VC
Total Funding
$398.8M
Headquarters
Cologne, Germany
Founded
2009
DeepL is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today