Funding

DeepSeek prepares an IPO filing and raises at a $74B valuation

DeepSeek pricing

DeepSeek is preparing an IPO filing and in talks to raise fresh capital at a ~$74B valuation, with annualized revenue reported near $500M.

Bloomberg (2026-07-14) reported DeepSeek preparing an IPO filing; Reuters (2026-07-18) reported a raise at a ~$74B valuation ahead of an onshore listing, and The Information (2026-07-15) put annualized revenue near $500M.

DeepSeek’s published per-token rates are among the lowest tracked in the corpus and have been the reference point for the price-floor trend. A listing process introduces disclosure pressure that historically tempers loss-leading rates — worth watching. This run’s capture found no rate change.

About DeepSeek
api-docs.deepseek.com ↗

DeepSeek offers a free web chat product and a pay-per-token API with two current models: DeepSeek-V4-Flash (general-purpose, from $0.0028/1M cached input, $0.14 cache-miss in, $0.28 out) and DeepSeek-V4-Pro (higher-capacity, from $0.003625/1M cached input) — both with a 1M-token context window and dramatically cheaper than equivalent OpenAI and Anthropic models.

Pricing model freemiumpure usage
Billing units tokensapi calls
Sales motion self serveplg
Free tier
Yes
Commits
None
Transparency
public
Full DeepSeek breakdown Plans, meters, and history Estimate your DeepSeek cost Model usage and overages

DeepSeek pricing history

  1. Mar 2025
    DeepSeek-V3-0324 Update — Improved Coding
  2. Jan 2025
    Nvidia Stock Drops 17% Following R1 Release
  3. Jan 2025
    DeepSeek-R1 Released — Reasoning Model, MIT Open-Source
  4. Dec 2024
    DeepSeek-V3 Released — Frontier Performance at $0.27/1M
  5. May 2024
    DeepSeek-V2 Launched — $0.14/1M Input, Market Shock
Full DeepSeek timeline
All pricing activity