DeepL raised US$300 million at a US$2 billion valuation, the company said on 22 May 2024. Index Ventures led the round.
DeepL provides AI translation and writing tools used by businesses, including legal and financial teams. The company was listed at LegalTechTalk 2025.
A valuation of this size made DeepL one of Europe's most valuable AI companies at the time.
Enterprise buyers should ask about data retention and confidentiality terms, glossary and terminology controls for regulated content, and how quality is checked in high-stakes documents.
Figures and customer claims in this piece are those stated by the company or counterparties in the cited materials.
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