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| Description | ||||
| Summary | Open-source Haystack framework and enterprise platform for building, running, and governing custom RAG, agent, IDP, search, and multimodal AI applications. | |||
| Description | deepset provides Haystack, an open-source orchestration framework, plus enterprise platform/services for RAG, agents, intelligent document processing, enterprise search, multimodal AI, and governance across cloud and on-prem environments. | |||
| Positioning | Sovereign AI platform for custom agents and RAG | |||
| Key facts | ||||
| HQ location | Berlin, Germany / San Francisco, CA, USA | |||
| Founded | 2018 | |||
| Employee range | 51-200 | |||
| Funding stage | Series B | |||
| Company type | Private | |||
| Pricing model | licensing open source, subscription | |||
| Last updated | Jun 21, 2026 | |||
| Financials | ||||
| Revenue estimate | Unknown / not publicly disclosed | |||
| Valuation estimate | Unknown | |||
| Investments | ~$45M+ total funding (incl. $30M Series B reported 2023) | |||
| Relationships | ||||
| Target customers | Enterprises deploying custom agents across cloud and on-prem environments | |||
| Key competitors | LlamaIndex, LangChain, Vellum, LangSmith, Databricks | |||
| Known customers | Unknown / enterprise and public-sector customers | |||
| Segments & Industries | ||||
| Segments | AI Workflows, AI Agents, LLM Fine-tuning, AI Developer Tools, Knowledge & RAG, Document AI, LLM Deployment, AI Quality & Observability, Traditional ML, AI Governance & Risk, Chatbots | |||