Deepset has raised a total of $45.6 million across multiple funding rounds, including a $30 million Series B in August 2023. The Berlin-based AI company specializes in NLP and large language model (LLM) applications, offering platforms like Haystack and deepset Cloud to help enterprises leverage their own data. Founded in 2018, deepset is backed by investors including Balderton Capital, GV, Lunar Ventures, and System.One. With 51–100 employees, the company is expanding globally and enhancing its AI solutions for enterprise applications.