#Germany #CFO #DeepL #Cologne #Martino Cadoni

Martino Cadoni Takes the Helm as CFO at DeepL

DeepL, the innovative force in AI products and research, has officially appointed Martino Cadoni as its new Chief Financial Officer (CFO). This move comes as part of DeepL's bold expansion strategy and aims to significantly bolster its enterprise offerings. Cadoni brings over 15 years of international leadership experience in finance and technology, playing pivotal roles in scaling high-growth companies through transformation and strategic transactions.

Jarek Kutylowski, the founder and CEO of DeepL, expressed enthusiasm about Cadoni's appointment, stating, “Martino’s deep understanding of rapidly growing tech companies and his proven track record in building financial excellence make him the perfect fit for DeepL’s next growth phase.”

As DeepL aims to expand its global presence and speed up the integration of its technology into enterprises, Cadoni's leadership will be crucial in facilitating the company's strategic growth initiatives.

Cadoni's Impressive Background

Before joining DeepL, Cadoni held senior positions at Klarna, where he served as the Head of Strategic Finance and Investor Relations. Notably, he was responsible for the successful sale of Klarna Checkout for over $500 million, marking one of the company's most significant strategic transactions. He also played a vital role in an $800 million pre-IPO funding round and was instrumental in strategic financial initiatives.

Cadoni's extensive experience extends to previous roles at financial giants such as HSBC and GE, where he honed his skills across various industries and markets. Additionally, he founded MC4 Ventures, further showcasing his entrepreneurial spirit and expertise in financial management.

Vision for DeepL

In his new role, Cadoni commented on the transformative aspect of DeepL, noting, “DeepL is one of Europe’s most transformative AI companies, merging world-class technology with a mission of unlocking human potential in the age of AI.” He expressed eagerness to mold the financial and strategic roadmap to ensure the company's long-term success. Cadoni's focus is also set on leveraging DeepL's expertise in translation and its latest advancements in the realm of agent-based AI.

Throughout the past year, DeepL has celebrated remarkable product innovations, such as the debut of DeepL Agent, Customization Hub, and DeepL Marketplace. Cadoni's appointment signals a continuation of this momentum as the organization sets its sights higher.

Cadoni's arrival follows the departure of Markus Harder, who left DeepL earlier in the year after laying a solid foundation for the company's financial department. Kutylowski acknowledged Harder's critical contributions, stating, “We thank Markus for his excellent work at DeepL and his central role in building a top-tier financial organization that will reinforce DeepL in the long term. The team and I wish him all the best for his next endeavors.”

About DeepL

Founded in 2017 by Dr. Jaroslaw (Jarek) Kutylowski, DeepL has established itself as a pioneering entity in the AI landscape, inventing secure and intelligent solutions for complex business applications. Over 200,000 businesses and millions of individual users in 228 markets globally rely on DeepL’s AI language technology for naturally sounding translations, content optimization, and real-time language interpretation.

With a dedicated team of over 1,000 employees and backed by renowned international investors like Benchmark, IVP, and Index Ventures, DeepL is set to redefine the way businesses operate and maximize their language capabilities. For more information about DeepL and its innovative products, you can visit their official website at www.deepl.com.