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DeepL Funding Rounds & Valuation History (2018–2024)

Private Valuation & Funding Round Tracker · DeepL

DeepL funding rounds & valuation history

DeepL, the Cologne, Germany AI translation and writing-assistant company that sells mainly to businesses. Funding from the Benchmark investment (2018) to the Growth round (2024), sourced to DeepL, CNBC, TechCrunch and Taylor Wessing.

Last updated: (IST). Every figure re-checked against the linked sources that day. Rows: 3 Currency: US$, nominal
⬇ Download CSV Cite this dataset Methodology & status definitions
Last closed round Closed
$2B
$300M Growth round (2024)
Raised in rounds listed
$400M
Sum of 2 closed rounds with a disclosed amount (GNF calc.)
Largest round
$300M
Growth round (2024)
Closed rounds listed
3
Dec 2018 to May 2024

Round history

Newest first. Dashed badges and striped rows are not closed transactions. “—” means the source does not disclose the figure or it cannot be computed on the same basis; see the note in each row.

Showing 3 of 3 rows
DeepL funding rounds, Dec 2018 to May 2024
DateStatusRoundAmountLead / buyerValuationVal. ÷ run-rateSource
Closed round
Growth round (2024)ICONIQ Growth and Teachers’ Venture Growth joined as new investors; IVP, Atomico and WiL returned (CNBC). DeepL did not give a series letter.
$300M
Index Ventures
$2BStated by DeepL
—Not disclosedNo run-rate stated in the announcement
DeepL, 22 May 2024Also: CNBC, 22 May 2024
Closed round
Growth round (2023)DeepL did not disclose the amount; about $100M was reported (TechCrunch, CNBC). Bessemer, Atomico and WiL also took part. Summed at $100M (reported).
About $100M (reported)
IVP
€1B (stated); CNBC: $1BDeepL confirmed a €1 billion valuation to TechCrunch; CNBC later reported $1 billion. Not converted.
—Not disclosedNo run-rate stated in the announcement
TechCrunch, 11 Jan 2023Also: CNBC, 22 May 2024
Closed round
Benchmark investment (2018)Amount not disclosed; Benchmark took a 13.6% stake (Taylor Wessing, Benchmark’s counsel).
Not disclosed
BenchmarkWith: btov
Not disclosedNo company valuation stated by the source
—Not disclosedNo run-rate stated in the announcement
Taylor Wessing, 6 Dec 2018
Step-up = valuation ÷ the prior closed valuation (GNF calc.), shown only where both figures were stated or reported and neither is a lower bound.

Amount raised in each closed round

Amounts raised, not valuations: only the 2024 round has a US$ valuation (the 2023 valuation was stated in euros and is not converted). The 2018 amount was not disclosed.

Sources: DeepL, CNBC, TechCrunch, Taylor Wessing. US$ billions, linear scale.

Timeline

Each round and share sale, oldest first.

  1. 6 Dec 2018 · Closed

    Benchmark investment (2018): Not disclosed led by Benchmark.

  2. 11 Jan 2023 · Closed

    Growth round (2023): About $100M (reported) led by IVP.

  3. 22 May 2024 · Closed

    Growth round (2024): $300M at $2B led by Index Ventures.

Still private: DeepL has not filed for an IPO and has not been acquired. Bloomberg reported in Oct 2025 that DeepL was considering a US listing; no filing or pricing has followed as of 14 Nov 2026 IST.

Cite this dataset

Free to quote with a link back. Copy this citation:

DeepL Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 14 Nov 2026. https://growthnavigatefunding.net/funding/deepl/

Download the data

The same 3 rows as the table: numeric US$ columns, empty cells where a figure is not disclosed, and a source URL for every row.

File
deepl-rounds.csv (UTF-8, comma-separated)
Stable URL
https://growthnavigatefunding.net/wp-content/uploads/2026/11/deepl-rounds.csv
Columns
id, date, date_precision, status, transaction_type, round, amount_usd_low, amount_usd_high, lead_or_buyer, co_leads, valuation_usd_low, valuation_usd_high, valuation_basis, valuation_to_run_rate_multiple, multiple_bound, multiple_basis, step_up_vs_prior_closed, price_per_share_usd_low, price_per_share_usd_high, shares, source, source_url, other_source_urls, notes, last_updated
Updated
(IST)
⬇ Download CSV

Methodology & status definitions

How each row is labelled and calculated.

Closed round

A primary round announced by the company or confirmed in the press, bringing new money to the company.

Valuation ÷ run-rate

Post-money valuation ÷ the run-rate the company stated in that announcement (GNF calc.). Where the run-rate is “crossed” or “over” a figure, the multiple is shown as “under X×”. No row qualifies here unless shown, so no multiple is invented.

What is not a separate row

The 2017–18 btov seed funding (amount not disclosed), employee share sales, and the possible US IPO (reported consideration only).

Updates & corrections

This page stays at one address and is updated in place; the “Last updated” date above drives the citation and the dataset metadata. Corrections: hello@growthnavigatefunding.net. Informational only; not investment advice.

Changelog

  • : Dataset first compiled (AI-50 batch, not yet published).

Sources

  1. DeepL: DeepL announces $300 million investment at $2 billion valuation fueled by global demand for AI language solutions, 22 May 2024
  2. CNBC: DeepL, a European rival to Google Translate, rides AI hype to a $2 billion valuation, 22 May 2024
  3. TechCrunch: DeepL, the AI-based language translator, raises over $100M at a $1B+ valuation, 11 Jan 2023
  4. Taylor Wessing: Taylor Wessing advises Benchmark on investment in DeepL, 6 Dec 2018