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deepset - About the company

deepset is a series B company based in Berlin (Germany), founded in 2018 by Milos Rusic and Timo Moller. It operates as a Developer of a platform for building custom artificial intelligence solutions. deepset has raised $45.6M in funding from investors like Balderton Capital, Google Ventures and Tiny. The company has 423 active competitors, including 33 funded and 9 that have exited. Its top competitors include companies like Hugging Face, Fetch.ai and Stability AI.

Company Details

Developer of a platform for building custom artificial intelligence solutions. The platform offers tools for data indexing, visual pipeline building, stakeholder testing, governance, and deployment. It supports retrieval augmented generation, intelligent document processing, enterprise search, and text-to-SQL capabilities. The platform is designed to enable the creation of custom artificial intelligence agents and workflows.
Social
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Email ID
*****@deepset.ai
Registered Address
Hrádecká 156 46001 Liberec
Key Metrics
Founded Year
2018
Location
Berlin, Germany
Stage
Series B
Total Funding
$45.6M in 3 rounds
Latest Funding Round
Ranked
Employee Count
84 as on Sep 30, 2026
Investment & Acquisitions
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deepset's funding and investors

deepset has raised a total funding of $45.6M over 3 rounds. Its first funding round was on Mar 07, 2021. Its latest funding round was a Series B round on Aug 09, 2023 for $*****. 5 investors participated in its latest round. deepset has 10 institutional investors and 7 angel investors.

Here is the list of recent funding rounds of deepset:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 09, 2023
3999856
Series B
6799972
5155736
2588173
9860315
Apr 28, 2022
9321536
Series A
4444603
7208112
9220884
Mar 07, 2021
6565878
Seed
3890352
4097312
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deepset's founders and board of directors

Founder? Claim Profile
The founders of deepset are Milos Rusic and Timo Moller.
Here are the details of deepset's key team members:

deepset's Board of Directors

deepset's board has 3 active members. Milos Rusic, Timo Moller and Malte Pietsch are part of team.
Here is the list of deepset's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
8y 3m
Team
-
Current
8y 3m
Team
-
Current
8y 3m

deepset's employee count trend

deepset has 84 employees as of Sep 26. Here is deepset's employee count trend over the years:
Employee count trend for deepset
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deepset's Competitors and alternates

Top competitors of deepset include Hugging Face, Fetch.ai and Stability AI. Here is the list of Top 10 competitors of deepset, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Hugging Face
Hugging Face
2016, Paris (France), Acquired
Platform offering collaborative tools for sharing and deploying machine learning models
$400M
78/100
2nd
Logo for Fetch.ai
Fetch.ai
2017, Cambridge (United Kingdom), Series C
Blockchain-based network for application and AI infrastructure
$61.9M
74/100
3rd
Logo for Stability AI
Stability AI
2019, Los Angeles (United States), Series B
Developer of generative AI models for image, video, audio, and 3D
$257M
73/100
4th
Logo for Replicate
Replicate
2018, Berkeley (United States), Acquired
Provider of a cloud-based open-source platform for machine learning models
$57.8M
69/100
5th
Logo for Jina AI
Jina AI
2020, Germany, Acquired
Developer of search foundation providing embeddings, reranker, and reader capabilities
$39M
62/100
6th
Logo for LlamaIndex
LlamaIndex
2023, San Francisco (United States), Series A
Data framework for connecting data sources to large language models
$27.5M
61/100
7th
Logo for deepset
deepset
2018, Berlin (Germany), Series B
Developer of a platform for building custom artificial intelligence solutions
$45.6M
62/100
8th
Logo for Outerbounds
Outerbounds
2021, San Francisco (United States), Acquired
AI-based open-source machine learning platform
$24M
60/100
9th
Logo for Oumi
Oumi
2024, Seattle (United States), Seed
Open-source AI platform for model development and deployment
$10M
57/100
10th
Logo for Inferact
Inferact
2026, San Francisco (United States), Seed
Developer of open-source large language model inference engine and related infrastructure
$150M
55/100
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deepset's Investments and acquisitions

deepset has a total of 1 investment in Integral. deepset has not made any acquisitions as of now.

Reports related to deepset

Here is the latest report on deepset's sector:

News related to deepset

lockFilter this list
Media has covered deepset for a total of 10 events in the last 1 year, 6 of them have been about company updates and 1 about partnerships.
•
Deepset Introduces Custom AI Agent Solution ArchitectureDestinationcrm•Mar 19, 2025•deepset
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