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DeepSeek

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Cost-efficient large language models and AI research

ChinaFounded 2023AI
Valuation $50–100B Last recorded · 2026
Revenue $100–500M Latest reported FY
Headcount 100–500 Current team size
Total funding $5–10B Disclosed equity funding
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About DeepSeek

DeepSeek is a Chinese artificial intelligence company that develops open-source, cost-effective large language models (LLMs). The company was founded in July 2023 by Liang Wenfeng, who also co-founded the quantitative hedge fund High-Flyer, which owns and funds DeepSeek. Liang, a graduate of Zhejiang University with a background in AI, started his career in quantitative trading, founding High-Flyer in 2016 and using AI for trading algorithms. Seeing an opportunity to close the AI gap between China and the US, Liang spun off an AGI research lab from High-Flyer to create DeepSeek as a standalone, research-focused entity.

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DeepSeek's business model centers on providing powerful AI solutions that are accessible to a broad audience, challenging the high-cost, proprietary models from competitors. The company generates revenue through competitively priced API access to its models, while also leveraging its AI expertise and GPU infrastructure for quantitative trading. Its open-source approach allows developers and researchers free access to its model weights, fostering community-driven innovation and wider adoption. The company provides multiple services including a web interface, mobile application, and API access.

The company has released a series of generative AI models, starting with DeepSeek Coder in November 2023, designed for coding tasks. A key innovation is their use of a Mixture-of-Experts (MoE) architecture, which activates only a subset of a model's parameters for a given task, significantly reducing computational costs and improving efficiency. Their models, such as DeepSeek-V2 and DeepSeek-Coder-V2, demonstrate strong performance in coding, mathematical reasoning, and general language tasks, often rivaling leading closed-source models. DeepSeek-Coder-V2 supports over 338 programming languages and features a large context window.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2023
Headquarters
China
Employees
182
Open positions
None listed
Dealroom signal
93.0/100
Sector
AI, Open Source, API, Core AI, Verified Unicorns and $1B Exits, Generative AI, genAI Model Maker, AI Model Maker, ai model layer
Technology
Artificial Intelligence, Machine Learning, Natural Language Processing
Business model
SaaS
Client focus
b2b, b2c

Latest news

Press, funding announcements and product moves mentioning DeepSeek.

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Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VC Jun 2026 $7.4B $50B CATL · Tencent · Alibaba · IDG Capital
Showing the latest 1 of 1 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
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Growth signals

DeepSeek website traffic

Latest recorded traffic for DeepSeek is 350M monthly website visits, down 14.6% over the last three months. DeepSeek's team grew 30.9% over the past year.

Latest monthly visits350M 3-month web change-14.6% 1-year team growth+30.9%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investors

7 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A7 investors entered at this stage

Team profiled 6 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇨🇳 China HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about DeepSeek on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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