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DeepSeek - About the company

DeepSeek is a series B company based in Hangzhou (China), founded in 2023 by Liang Wenfeng. It operates as an Open source based AI assistant for enterprises. DeepSeek has raised $19.4B in funding, with a current valuation of $50B. The company has 184 active competitors, including 48 funded and 6 that have exited. Its top competitors include companies like OpenAI, Anthropic and Mistral AI.

Sectors and market segments that DeepSeek operate in

DeepSeek serves in the High Tech, Native AI market segments.The primary business model of DeepSeek are:

Company Details

Open source based AI assistant for enterprises. It is an artificial intelligence platform that offers tools and services, including coding, content creation, file reading, and more, via its AI-powered chatbot. The platform help users generate responses and insights, and its platform is accessible through a web-based interface. It helps users answer questions and drive decision-making through its AI-driven solutions.
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Email ID
*****@deepseek.com
Key Metrics
Founded Year
2023
Location
Hangzhou, China
Stage
Series B
Total Funding
$19.4B in 2 rounds
Latest Funding Round
Post Money Valuation
$50B as on May 06, 2026
Investors
Ranked
Employee Count
209 as on Sep 30, 2026
Investment & Acquisitions
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DeepSeek's funding and investors

DeepSeek has raised a total funding of $19.4B over 2 rounds. Its first funding round was on Jun 16, 2026. Its latest funding round was a Series B round on Oct 22, 2026 for $15B. 5 investors participated in its latest round. DeepSeek has 8 institutional investors.

Here is the list of recent funding rounds of DeepSeek:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 22, 2026
$15B
Series B
-
-
-
Jun 16, 2026
$4.4B
Series A
-
-
-
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DeepSeek's founders and board of directors

Founder? Claim Profile
The founders of DeepSeek is Liang Wenfeng. Liang Wenfeng and Ryan Azhari are the CEOs of DeepSeek.
Here are the details of DeepSeek's key team members:

DeepSeek's employee count trend

DeepSeek has 209 employees as of Sep 26. Here is DeepSeek's employee count trend over the years:
Employee count trend for DeepSeek
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DeepSeek's Competitors and alternates

Top competitors of DeepSeek include OpenAI, Anthropic and Mistral AI. Here is the list of Top 10 competitors of DeepSeek, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for OpenAI
OpenAI
2015, San Francisco (United States), Series F
Artificial intelligence research and development platform offering advanced language models
$180B
89/100
2nd
Logo for Anthropic
Anthropic
2021, San Francisco (United States), Series H
Provider of AI safety and research company
$132B
84/100
3rd
Logo for Mistral AI
Mistral AI
2023, Paris (France), Series D
Provider of customizable, open-source artificial intelligence models and solutions for various applications
$6.54B
80/100
4th
Logo for Cohere
Cohere
2019, Toronto (Canada), Series E
Developer of enterprise AI platform and multilingual language and retrieval models
$1.54B
79/100
5th
Logo for Sarvam
Sarvam
2023, Bengaluru (India), Series B
Developer of a full-stack generative AI platform designed to build sovereign AI ecosystems for enterprises and governments
$387M
76/100
6th
Logo for Sakana
Sakana
2023, Tokyo (Japan), Series B
Provider of AI research laboratory services
$379M
73/100
7th
Logo for DeepSeek
DeepSeek
2023, Hangzhou (China), Series B
Open source based AI assistant for enterprises
$19.4B
69/100
8th
Logo for ReflectionAI
ReflectionAI
2024, Brooklyn (United States), Series B
Developer of autonomous coding systems
$2.13B
68/100
9th
Logo for Zhipu
Zhipu
2021, Haidian (China), Public
AI powered code generation tool for developers
$1.4B
67/100
10th
Logo for Unisound
Unisound
2012, Beijing (China), Public
Provider of AI-backed voice solutions for multiple industries
$302M
67/100
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DeepSeek's Investments and acquisitions

DeepSeek has a total of 1 investment in Winverse AI. DeepSeek has not made any acquisitions as of now.

News related to DeepSeek

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Media has covered DeepSeek for a total of 156 events in the last 1 year, 79 of them have been about company updates and 4 about partnerships.
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