deepset, makers of Haystack logo — Makers of Haystack and the deepset AI Platform. Leading the...

deepset, makers of Haystack

Makers of Haystack and the deepset AI Platform. Leading the way in LLM orchestration for mission-critical business apps.

Founded 2018 Germany Berlin, Germany 84 employees Series B Total: $42.60M AI, IT +3

General Information

Company Name deepset, makers of Haystack
Founded Year 2018
Location Germany Berlin, Germany
Employees 84
Industries AI, IT, Internet +2
Funding Stage Series B
Business Model B2B, SaaS, Open Source
Revenue Model Subscription, Service Fee, Licensing
Offices as of Sep 2026
Berlin, Germany New York, United States
Social

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Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.

Major Customer Win Oct 22, 2026

deepset highlighted the European Commission for scaling AI across the institution using AI@EC built on Haystack.

New Partnership Oct 20, 2026

deepset demonstrated sovereign AI for classified environments in collaboration with secunet Security Networks AG, Hewlett Packard Enterprise, and NVIDIA at the House of Sovereignty event.

Event Participation Oct 07, 2026

deepset participated in a webinar on AI security posture, with their employee Ole Dallerup sharing practical insights on the topic.

Actively Hiring Oct 05, 2026

Hiring for 1 position in the last 30 days.

Feature Release Oct 01, 2026

deepset launched Services in its Haystack Enterprise Platform. This feature provides stable, managed endpoints for applications and agents, enabling non-disruptive pipeline updates.

Award Received Sep 30, 2026

deepset has been named one of Europe's 250 fastest-growing startups by revenue growth in the Sifted 250.

+1 more signal in last 30 days

AI Insight

Bounce Watch AI
3 weeks ago

deepset is demonstrating robust growth and strategic market penetration, recently recognized as one of Europe's fastest-growing startups by revenue. The company is significantly deepening its focus on the public sector, marked by joining GovTech Allianz Deutschland and securing Kreis Borken as an initial customer and development partner for a new AI automation product. These developments, alongside a key partnership with Celonis and ongoing hiring, highlight strong execution and product traction in mission-critical enterprise AI and GovTech solutions.

Signal Types
Business Development Market Expansion Recognition Hiring
Strategic Labels
GovTech Market Penetration Enterprise AI Adoption Accelerated Growth
Next Move: Scaling
·
Impact: 9/10
·
Ideal For: Growth Equity Investors — Enterprise AI & Public Sector

About deepset, makers of Haystack

deepset, makers of Haystack, is based in Berlin, Germany, and offers AI solutions primarily for enterprises, public sector organizations, and defense and national security entities. The company specializes in AI orchestration and retrieval-augmented generation applications, providing both cloud and on-premise environments.

Founded in 2018, deepset develops the open-source Haystack AI orchestration framework and the Haystack Enterprise Platform. These tools support teams in building and managing AI agents and retrieval applications. The business operates on a B2B model, providing services such as AI model deployment and expert AI support. Their revenue streams include subscriptions, service fees, and licensing arrangements.

Business keywords: AI Orchestration, LLM Orchestration, Open-source Framework, Haystack AI, RAG Applications, Enterprise AI, Natural Language Processing, Semantic Search, Conversational AI, Question Answering, Information Extraction, Vector-based Search, Document Similarity, AI Governance, Advanced Indexing and Retrieval

Services & Products

Haystack Enterprise Platform
AI Agent Building
AI Model Deployment
AI Governance and Compliance
Expert AI Support and Consulting

Target Customers

Enterprises Public Sector Organizations Defense and National Security Entities

Pricing

as listed on Oct 22, 2026

Free plan

  • Great for individuals prototyping AI applications: free
deepset, makers of Haystack's pricing page

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series B €27.00M 5
Balderton Capital, GV +3
09 Aug 2023
Series A $14.00M 5
Lunar Ventures, Acequia Capital (AceCap) +3
28 Apr 2022
Pre Seed Round $1.60M 8
Lunar Ventures, Tiny VC +6
08 Mar 2021

deepset, makers of Haystack Alternatives & Competitors

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deepset, makers of Haystack vs
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FAQ About deepset, makers of Haystack

Makers of Haystack and the deepset AI Platform. Leading the way in LLM orchestration for mission-critical business apps.
deepset, makers of Haystack was founded in 2018.
deepset, makers of Haystack is headquartered in Berlin, Germany. As of Sep 2026, it also has offices in New York, United States.
deepset, makers of Haystack operates in AI, IT, Internet, Social Media and Machine Learning. Its work centres on AI Orchestration, LLM Orchestration, Open-source Framework and Haystack AI. Its customers include Enterprises, Public Sector Organizations and Defense and National Security Entities.
deepset, makers of Haystack has a B2B, SaaS and Open Source business model. Its revenue comes from Subscription, Service Fee and Licensing.
As listed on deepset, makers of Haystack's pricing page on Oct 22, 2026: Free plan (Great for individuals prototyping AI applications: free).
deepset, makers of Haystack has approximately 84 employees.
deepset, makers of Haystack has completed 3 funding rounds, raising a total of $42.60M. The latest funding stage is Series B.
deepset, makers of Haystack offers: Haystack Enterprise Platform, AI Agent Building, AI Model Deployment, AI Governance and Compliance, Expert AI Support and Consulting.
Top alternatives and competitors to deepset, makers of Haystack include Vectara, 42Maru Inc., Mixedbread, Cortical.io, KonaSearch. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
deepset, makers of Haystack and Vectara are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for deepset, makers of Haystack, https://bouncewatch.com/company/deepset, updated 11 October 2026. When citing, please name BounceWatch and link this page.

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