Acolad
About Acolad
Acolad is a company founded in 2017 was acquired by Amexio in September 2023.. Acolad has completed 5 acquisitions, including AMPLEXOR, Livewords and Soget. Acolad operates in a competitive market with competitors including Interactio, Globo, Sajan, Torjoman and Ai Translate, among others.
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Acolad Latvia
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$24.24 K (USD), Grant
Dec 02, 2022
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Investors
Idinvest Partners
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
AMPLEXOR
& 4 more
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Acquired by
Amexio
(Sep 06, 2023)
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Software Development Team
42 people
Sales and Marketing
27 people
Leadership Team
21 people
Key Team
16 people
Strategic Team
12 people
Human Resources and Administration
12 people
Account Team
11 people
Senior Team
9 people
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Funding Insights of Acolad
- Total Funding Total Funding
- Total Rounds 8
- Last Round Grant — $24,239
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First Round
First Round
(16 Jan 2017)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2022 | Amount | Grant - Acolad | Valuation |
investors |
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| Dec, 2021 | Amount | Grant - Acolad | Valuation |
investors |
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| Dec, 2020 | Amount | Grant - Acolad | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Acolad
Acolad has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Idinvest Partners, European Union and Amexio. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Equity investments are provided to low and middle market companies.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Digital transformation services are provided to businesses by Amexio.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Acolad
Acolad has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include AMPLEXOR, Livewords and Soget. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cloud-based translation management is offered for global e-commerce.
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1992 | ||||
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Translation, interpreting, and content solutions are provided globally.
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1991 | ||||
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Solutions in digital experience, compliance, and content globalization are provided.
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1987 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Acolad
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Acolad Comparisons
Competitors of Acolad
Acolad operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Interactio, Globo, Sajan, Torjoman and Ai Translate, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Live translation is delivered through mobile apps at events.
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| domain | founded_year | HQ Location |
Language services platform with interpretation and translation support is provided.
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| domain | founded_year | HQ Location |
Translation and localization services are offered via proprietary TMS.
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| domain | founded_year | HQ Location |
Provides comprehensive tech-enabled translation services for businesses.
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| domain | founded_year | HQ Location |
Offers an AI-based translation management system.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Acolad
Frequently Asked Questions about Acolad
When was Acolad founded?
Acolad was founded in 2017.
What does Acolad do?
Acolad was founded in 2017 as an AI-enabled translation service agency. Multilingual translation, proofreading, transcription, and localization are offered through an in-house API and algorithms. Services encompass document and video translation, automated speech recognition, sentiment analysis, topic extraction, and content classification. Industries served include banking, finance, aerospace, and automotive, with operations focused on language and content processing.
Who are the top competitors of Acolad?
Acolad's top competitors include Interactio, Globo and Sajan.
How many acquisitions has Acolad made?
Who are Acolad's investors?
Acolad has 3 investors. Key investors include Idinvest Partners, European Union, and Amexio.
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