About Bering Lab
Bering Lab is a Technology company based in Chicago (United States) founded in 2019. Legal document translation services are provided by Bering Lab. Bering Lab has raised $2.18 million across 2 funding rounds from investors including SBVA, The MBA Fund and NAVER D2 Startup Factory. Its website beringlab.com draws about 13 thousand monthly visits. Its focus areas include Enterprise Applications, Localisation - L10n Tech and Translation Management Systems. Its competitors include Welocalize, RWS Group and Lokalise; 2 of its 3 listed competitors have raised funding.
Company details
Bering Lab was established in 2019 and is based in Chicago, United States. Operations focus on the translation sector, specifically handling legal documents for clients requiring accurate multilingual support. Services encompass document preparation, certification, and delivery, serving needs in legal and compliance fields. The company maintains an online presence via beringlab.com to facilitate access to these specialized offerings across relevant geographies.
- Headquarters Chicago, United States
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website beringlab.com
- Social LinkedIn
- Total Equity Funding$2.18M (USD)
in 2 rounds
- Latest Funding Round$2.18M (USD), Seed
Aug 2024
- InvestorsSBVA
& 3 more
Funding Insights of Bering Lab
Bering Lab has successfully raised a total of $2.18M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.18 million completed in August 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2.18M
- Total Rounds 2
- Last Round Seed — $2.18M
- Investors Count 4
All 2 funding rounds of Bering Lab with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2024 | $2.18M | Seed | – | SBVA | |
| Apr 2021 | Seed | – | NAVER D2 Startup Factory |
4 investors in total: 4 institutional.
Investors in Bering Lab
Bering Lab has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include SBVA, The MBA Fund and NAVER D2 Startup Factory.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage venture capital arm of SoftBank Group | sbvacorp.com | Seoul, South Korea | ||
A venture capital firm supporting university startup founders. | thembafund.com | |||
Tech startups are accelerated via focused incubation programs. | d2startup.com | Seoul, South Korea | ||
Technology-based startups are supported and incubated by SNU Holdings. | snuholdings.com | Seoul, South Korea |
Investor details for Bering Lab
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Timeline of Bering Lab
3 dated milestones of Bering Lab across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Bering Lab is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $2.2M.
Competitors of Bering Lab
Bering Lab has 3 listed competitors in our database, 2 of them funded. They include Welocalize, RWS Group and Lokalise.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| welocalize.com | 1997 | Frederick, United States | $6M | 864 | Content distribution and localization services are provided to enterprises worldwide. | |
| rws.com | 1958 | Chalfont, United States | Translation, intellectual property, and language support services are provided. | |||
| lokalise.com | 2016 | Newark, United States | $56M | Language localization services are provided for mobile apps and websites. |
Detailed competitors of Bering Lab
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- Full competitor set
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Web traffic of Bering Lab
The website of Bering Lab (beringlab.com) receives about 13.4K visits a month.
- Monthly visits13.4K
▲ 10.5% vs previous month
Websites whose visitors overlap most with Bering Lab. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| bureauworks.com | 100% | 140.7K | #377,936 | View details | |
aihumanities.org | aihumanities.org | 34% | #5,786,046 | – |
Top companies in Localization & Global SaaS Platforms
3 companies that operate in the same segment as Bering Lab (Localization & Global SaaS Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
On-demand transcription, captioning, and document translation services are offered. | 2010 | San Francisco, California, United States | USD 4.9 M | |||
Translation software is developed for enterprises and LSPs. | 1995 | Alexandria, United States | USD 12 M | |||
Cloud-based audio-visual localization services are provided by ZOO Digital Group. | 1999 | El Segundo, California, United States | USD 41.84 M | 435 |
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Related news about Bering Lab
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Frequently Asked Questions about Bering Lab
Bering Lab was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Bering Lab is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Bering Lab is a funded company, having raised a total of $2.18M across 2 funding rounds to date.
Bering Lab was established in 2019 and is based in Chicago, United States. Operations focus on the translation sector, specifically handling legal documents for clients requiring accurate multilingual support. Services encompass document preparation, certification, and delivery, serving needs in legal and compliance fields. The company maintains an online presence via beringlab.com to facilitate access to these specialized offerings across relevant geographies.
Bering Lab's top competitors include Welocalize, RWS Group and Lokalise.
Bering Lab has 4 investors. Key investors include SBVA, The MBA Fund, NAVER D2 Startup Factory, and SNU Holdings.