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- DeepSeek
DeepSeek Valuation, Funding & Investors
DeepSeek is valued at $50B as of June 2026.
About DeepSeek
DeepSeek is a Chinese frontier AI lab that develops open-source large language models. DeepSeek conducts research in machine learning, natural language processing and related AI applications. DeepSeek has earned global recognition by challenging the hegemony of U.S. AI incumbents (like OpenAI and Google) through technological breakthroughs in efficiency and reasoning. DeepSeek-R1: A powerful reasoning model that rivals premium Western models. Its unique capability to mimic human thought and break down mathematical or programming tasks incrementally sent shockwaves through the tech industry.DeepSeek-V3 & V4: State-of-the-art general language models capable of running incredibly fast while consuming significantly less computational power than peer models.
Founded
2023
HQ
Website
Status
Privately held
Customer focus
B2B & B2C
Revenue model
Usage-based, Subscription
Valuation
$50B (Jun 2026)
DeepSeek Valuation
DeepSeek is currently valued at $50B, based on its Series A in June 2026.
The $7.4B round was led by Liang Wenfeng, with participation from IDG Capital, Tencent, JD.com, National Artificial Intelligence Industry Investment Fund, CATL and 1 other investor.
DeepSeek valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jun 2026 | Series A | $50B |
DeepSeek Funding History
DeepSeek has raised a total of $7.4B across 1 funding round.
DeepSeek funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jun 2026 | Series A | Liang Wenfeng (lead); IDG Capital; Tencent; JD.com; National Artificial Intelligence Industry Investment Fund; CATL; NetEase | $7.4B | $50B | Chinese AI lab DeepSeek closed its first external funding round, raising over $7.4 billion (50 billion RMB) at a valuation exceeding $50 billion. Founder Liang Wenfeng and state-backed entities dominate the round, utilizing a highly unusual corporate structure that permanently preserves founder control over the lab. Unlike Western startups that seek diverse venture capital, DeepSeek notably rejected funds from Western-aligned or independent funds (such as Sequoia China). DeepSeek plans to heavily utilize the capital to build out its computing infrastructure and secure domestic processing power, as U.S. trade restrictions curb access to advanced Western chips. They have partnered closely with domestic hardware makers like Huawei to optimize their models. |
Who has invested in DeepSeek?
7 investors have backed DeepSeek across its funding rounds, including IDG Capital, Tencent, JD.com, NetEase, CATL and National Artificial Intelligence Industry Investment Fund.
Lead investors include Liang Wenfeng.
DeepSeek Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | Jun 2026 | ||
| 1 | Participant | Jun 2026 | ||
| 1 | Participant | Jun 2026 | ||
| 1 | Participant | Jun 2026 | ||
| 1 | Participant | Jun 2026 | ||
This data is available for Pro users. Sign up to see all 7 DeepSeek investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialDeepSeek Competitors
DeepSeek competitors include listed companies like Snowflake and Presight AI, and private ones like Mistral AI, OpenAI, Anthropic and Prometheus.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $400M | - | $24B | - | ||
| Private | $25B | - | $852B | 34.1x | ||
| Private | $47B | - | $965B | 20.5x | ||
| Private | - | - | $41B | - | ||
| Publicly listed | $4.7B | ($1.3B) | $119B | 21.0x | ||
| Publicly listed | $825M | $214M | $5.7B | 5.4x |
DeepSeek Public Comps
DeepSeek is still privately-owned, but its public comps include Workday, Cerebras Systems, Z.ai, Nebius Group, Baidu, Moody's, IonQ, Datadog, Range Intelligent and Tempus AI.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $9.6B | $1.2B | 5.1x | 4.7x | 42.0x | 14.2x | |||
| $510M | $253M | 77.8x | - | 157.2x | - | |||
| $108M | ($658M) | 422.9x | 65.9x | (69.4x) | (73.0x) | |||
| $530M | $512M | 115.9x | 24.2x | 119.9x | 63.9x | |||
| $19B | $3.3B | 1.3x | 1.4x | 7.8x | 8.0x | |||
| $7.7B | $3.8B | 11.2x | 10.6x | 22.5x | 20.1x | |||
| $130M | ($531M) | 109.9x | 40.3x | (26.9x) | (39.1x) | |||
| $3.4B | ($588K) | 23.6x | 19.4x | (137813.0x) | 77.6x | |||
This data is available for Pro users. Sign up to see all DeepSeek competitors and their valuation data. Start Free Trial | ||||||||
Common questions about DeepSeek
| When was DeepSeek founded? | DeepSeek was founded in 2023. |
| Where is DeepSeek headquartered? | DeepSeek is headquartered in Hangzhou, China. |
| Is DeepSeek publicly listed? | No, DeepSeek is a private, VC-backed company. |
| What is DeepSeek's valuation? | DeepSeek was last valued at $50B in its Series A in June 2026. |
| How much funding has DeepSeek raised? | DeepSeek has raised $7.4B across 1 funding round. |
| What was DeepSeek's last funding round? | DeepSeek's last funding round was a $7.4B Series A in June 2026, led by Liang Wenfeng. |
| Who are DeepSeek's investors? | DeepSeek's investors include IDG Capital, Tencent, JD.com, National Artificial Intelligence Industry Investment Fund, CATL, Liang Wenfeng and NetEase. |
| Which companies are comparable to DeepSeek? | Companies comparable to DeepSeek include Mistral AI, OpenAI, Anthropic, Prometheus, Snowflake and Presight AI. |
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