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Founded Year

2009

Stage

Series B | Alive

Total Raised

$400M

Valuation

$0000 

Last Raised

$300M | 4 mos ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+5 points in the past 30 days

About DeepL

DeepL is a company that specializes in neural machine translation. The company offers a range of services including text translation in over 30 languages, document translation for various file formats, and an AI-powered writing tool that helps improve grammar, punctuation, and tone of voice. Its primary customers are individuals and businesses that require translation services. It was formerly known as Linguee. It was founded in 2009 and is based in Cologne, Germany.

Headquarters Location

Maarweg 165

Cologne, 50825,

Germany

44 (20) 81586550

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ESPs containing DeepL

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Enterprise Tech / Enterprise Applications

The translation tools market is a market that offers software and technologies to support translation, localization, and interpretation tasks. Translation tools include machine translation software, translation memory systems, and terminology management systems. The market has seen significant growth in recent years, driven by the increasing demand for localization and translation services across …

DeepL named as Highflier among 15 other companies, including Lionbridge Technologies, Smartling, and Unbabel.

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Research containing DeepL

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned DeepL in 1 CB Insights research brief, most recently on Apr 12, 2023.

Expert Collections containing DeepL

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

DeepL is included in 3 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,244 items

A

Artificial Intelligence

14,653 items

Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.

A

AI 100

100 items

Latest DeepL News

How AI can help retails drive sales

Sep 14, 2024

How AI can help retails drive sales DeepL , a leading global Language AI company, has released its newest white paper on how retailers can make the most of AI to drive sales during upcoming shopping seasons such as back to school shopping and holidays shopping. Dubai welcomed a record 10.6 million international visitors in H1 2024 , and this uptick is likely to continue in the second half of the year with a growth forecast of 3.8% . For retailers to cater  to an increasingly international customer base, creating and localizing multilingual content is key. According to DeepL’s newest white paper titled ‘The executive guide to AI-enabled communication and global retail’, the top use case for Language AI is creating content in multiple languages (46%). The top translated content is external communication (57%), followed by internal communication (39%), and marketing/advertising materials (32%). These translation needs are further demonstrated in the following scenarios where retailers most often require Language AI: Creating marketing assets in multiple languages for new collections or for specific times of year, including Holiday shopping Translating customer service interactionssuch as emails, customer support tickets, and chatbot interactions to serve multilingual customers Translating internal systems for international operations, such as back-end workflow tools, Enabling international expansion through instant regionalisation of in-store and online content AI is rapidly enabling retailers to communicate in multiple languages efficiently. AI for retailers can: Improve operational processes by scaling communications between headquarters and international offices, Boost employee productivity by ensuring core systems and tools (such as customer service and human resources) support employees in their local language, Reduce the cost and workload required to translate and localise their communications and content David Parry-Jones, Chief Revenue Officer at DeepL commented: “The last couple of years have shown the volatility that many retailers face in their day to day operations and AI can go a long way to improving these, especially in the end of year crunch. Research also shows that 75% shoppers want to communicate in their native language when making purchases online, further driving home the need for effective translation options at every stage of the retail experience.” Jakob Kalina, Head of Localisation at Alza, a European e-commerce store, credited the DeepL API for helping Alza manage massive amounts of user reviews. She added, “Translated reviews have enhanced customer trust in our online shopping experience. Translating hundreds of thousands of reviews from Czech to German and Hungarian has noticeably increased our conversion rates. This strategy has not only improved our customer service, but also solidified our position in the competitive e-commerce market.” With the busiest time of the year for many retailers fast approaching, there’s still time to implement AI tools to help them gain in productivity and positively impact their bottom line. A  2024 Forrester study revealed that implementing DeepL delivered a 345% return on investment for global companies, reducing translation time by 90% while driving a 50% reduction in workload—underscoring the platform’s potential for businesses seeking to grow revenue and enter new markets faster and at scale. You can access DeepL’s full whitepaper here .

DeepL Frequently Asked Questions (FAQ)

  • When was DeepL founded?

    DeepL was founded in 2009.

  • Where is DeepL's headquarters?

    DeepL's headquarters is located at Maarweg 165, Cologne.

  • What is DeepL's latest funding round?

    DeepL's latest funding round is Series B.

  • How much did DeepL raise?

    DeepL raised a total of $400M.

  • Who are the investors of DeepL?

    Investors of DeepL include Atomico, WiL, Institutional Venture Partners, ICONIQ Growth, Teachers' Venture Growth and 7 more.

  • Who are DeepL's competitors?

    Competitors of DeepL include Lingua Custodia and 1 more.

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Compare DeepL to Competitors

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Global Tone Communication Technology

Global Tone Communication Technology specializes in language services and artificial intelligence technology within the language service industry. The company offers a range of solutions including machine translation, big data analysis, knowledge graph construction, and AI-driven decision-making platforms. These services are designed to support global defense security, scientific research data analysis, smart cities, and strategic global data research, facilitating intelligent and secure decision-making for enterprise-level users across various domains. It was founded in 2013 and is based in Beijing, Beijing.

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Particip.ai

Particip.ai operates as a company focused on providing artificial intelligence (AI) powered crisis contact center solutions within the humanitarian aid sector. Its main services include a telephone hotline that offers information, advice, and direction to refugees and connects them with the appropriate non-government organizations (NGOs) and public institutions. It also offers support to NGOs and public institutions by managing contact center volumes with the help of AI-based phone bots and live agents. It was founded in 2021 and is based in Oldenburg, Germany.

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Lionbridge Technologies

Lionbridge Technologies specializes in translation and localization services. The company offers content creation, transformation, testing, and training services, as well as technical writing, eLearning, and digital marketing solutions. Lionbridge serves sectors such as life sciences, gaming, finance, technology, and e-commerce, providing language and content solutions tailored to industry-specific challenges. It was founded in 1996 and is based in Waltham, Massachusetts.

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Native

Native Inc. focuses on empowering Native American communities through sustainable development in the social services sector. The company offers a range of services including housing assistance, non-medical transportation, care coordination, peer support, workforce development, and family support programs. These services are primarily aimed at improving the quality of life for Native Americans in urban areas. It was founded in 2018 and is based in Bismarck, North Dakota.

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Phrase

Phrase operates a translation management system. It offers an artificial intelligence (AI)-powered approach to reduce translation costs and increase quality, as well as offering end-to-end automation via content pulls from third-party platforms, and allows the flexibility to build custom integrations. Phrase was formerly known as Memsource. It was founded in 2010 and is based in Praha 1, Czech Republic.

M
ModelFront

ModelFront specializes in artificial intelligence (AI)-driven machine translation quality prediction within the language services industry. The company offers an application programming interface (API) that provides segment-level quality scores for human translation efforts where necessary. ModelFront's technology integrates with existing translation management systems and supports languages, aiming to enhance translation workflows for high-volume or time-sensitive projects. It was founded in 2017 and is based in Palo Alto, California.

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