About Akorbi
Akorbi is a company based in Plano (United States) founded in 2003 was acquired by Propio in November 2024.. The company has 123 employees as of December 31, 2022. Akorbi has completed 1 acquisition, including RunMyProcess. Akorbi offers products and services including Video Interpretation, Phone Interpretation, Document Translation, and WorkforceOS. Akorbi operates in a competitive market with competitors including Rev, TranscribeMe, Flitto, Transfluent and Gengo, among others.
- Headquarter Plano, United States
- Employees 123 as on 31 Dec, 2022
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Sectors
Technology
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
123
as on Dec 31, 2022
- Investments & Acquisitions
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Acquired by
Propio
(Nov 18, 2024)
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Products & Services of Akorbi
Akorbi offers a comprehensive portfolio of products and services, including Video Interpretation, Phone Interpretation, Document Translation, and WorkforceOS. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides video-based real-time language support for communication needs
Delivers over-the-phone language assistance 24/7 for various sectors
Offers high-quality translation of documents in over 125 languages
Manages interpreter scheduling and coordination for efficient operations
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Funding Insights of Akorbi
| 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 |
Investors in Akorbi
Akorbi has secured backing from 1 investor. Prominent investors backing the company include Propio. 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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Online platform for investments in real estate
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Akorbi
Akorbi has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include RunMyProcess. 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 PaaS for business workflows and integrations is operated.
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2007 |
| 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 - Akorbi
| 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 |
Akorbi Comparisons
Competitors of Akorbi
Akorbi 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 Rev, TranscribeMe, Flitto, Transfluent and Gengo, 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 |
On-demand transcription, captioning, and document translation services are offered.
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| domain | founded_year | HQ Location |
Audio speech is converted to searchable text by TranscribeMe.
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| domain | founded_year | HQ Location |
Provider of a crowdsourced translation platform for enterprises and individuals
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| domain | founded_year | HQ Location |
Human-powered translation services are provided for digital content.
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| domain | founded_year | HQ Location |
Human translation services are provided via proprietary tools.
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| domain | founded_year | HQ Location |
Provides professional language services to businesses for effective communication.
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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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On-demand services are booked through an app-based platform.
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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 Akorbi
Frequently Asked Questions about Akorbi
When was Akorbi founded?
Akorbi was founded in 2003.
Where is Akorbi located?
Akorbi is headquartered in Plano, United States. It is registered at Plano, Texas, United States.
How many employees does Akorbi have?
As of Dec 31, 2022, the latest employee count at Akorbi is 123.
What does Akorbi do?
Akorbi was founded in 2003 and is headquartered in Plano, United States, within the language services sector. Multilingual business solutions are delivered through a network of professional translators. Services encompass document translation, transcription, project management, process optimization, and website localization. A proprietary platform facilitates video, phone, on-site, and mobile interpretation. Multilingual call center support, staffing solutions, and learning services including course development and management systems are also offered.
What products or services does Akorbi offer?
Akorbi offers Video Interpretation, Phone Interpretation, Document Translation, and WorkforceOS.
How many acquisitions has Akorbi made?
Akorbi has made 1 acquisition, including RunMyProcess.
Who are Akorbi's investors?
Akorbi has 1 investor. Key investors include Propio.