German technology company DeepL, the developer of one of the world’s most popular online translation systems, is exploring the possibility of holding an initial public offering (IPO) in the US. According to sources, the company’s potential valuation could reach $5 billion, which indicates high investor interest in the field of artificial intelligence. This is reported by Bloomberg.
According to sources, the company has already held preliminary talks with potential advisers about a listing, which could take place in 2026.
The potential valuation of $5 billion may seem ambitious, but it reflects the company’s rapid growth. Last year alone, DeepL attracted $300 million in investment at a valuation of $2 billion.
Discussions are currently ongoing, and final details, including the exact timing and stock exchange, may change. A representative from DeepL declined to comment.
Founded in 2017 by Jarek Kutylowski, DeepL quickly gained a reputation as one of the most accurate translation tools, often surpassing Google Translate in quality.