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deepset (Haystack) www.deepset.ai
Research Team Data Active
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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
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
Revenue estimate Unknown / not publicly disclosed
Valuation estimate Unknown
Investments ~$45M+ total funding (incl. $30M Series B reported 2023)
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 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