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To empower developers to make Natural Language Processing (NLP) part of any application in any enterprise.
Few candidates hear
back within 2 weeks
37% employee growth in 12 months
Natural Language Processing (NLP) is at the core of many modern enterprise data processing workflows, from complex data processes to customer service chatbots. However, NLP systems are not one-size-fits-all, and the development and deployment of bespoke NLP systems require the niche and expensive help of programmers with expertise in machine learning and semantic syntax.
Deepset provides an open-source API-driven framework called Haystack for the quick and efficient development of production-ready NLP systems. The company's goal is to make modern NLP as easy as possible to apply in a practical and scalable way, and states major use cases of its API for automated data analysis, customer satisfaction, fraud monitoring, and regulatory actions.
Whilst NLP has been implemented by many enterprises such as Amazon AWS and Microsoft, options for companies without dedicated AI experts have been limited, making deepset's open-source approach highly beneficial to many industries. Lately, the company has invested funding in the development of a SaaS product called deepset Cloud, which will enable users to build complex LLM apps more easily and at "a fraction of the time".
Steph
Company Specialist at Welcome to the Jungle
Aug 2023
$30m
EARLY VC
Apr 2022
$14m
SERIES A
This company has top investors
Milos Rusic
(Co-founder & CEO)Experience as Director of Market Development for KONUX from 2016 to 2018.
Malte Pietsch
(Co-founder & CTO)Experience as Data Scientist for plista from 2016 to 2018.
Timo Möller
(Co-founder)Experience as Machine Learning Engineer for plista from 2016 to 2017.