About Flitto
Flitto is a company based in Seoul (South Korea) founded in 2012 by Dan Kang and Jin Kim. Flitto has raised $12.8 million across 4 funding rounds from investors including SBI Group, DSC Investment and Atinum Investment. The company has 155 employees as of December 31, 2024. Flitto operates in a competitive market with competitors including Rev, Gengo, TranscribeMe, lengoo and Transfluent, among others.
- Headquarter Seoul, South Korea
- Employees 155 as on 31 Dec, 2024
- Founders Dan Kang, Jin Kim
- Stage Public
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Flitto, Inc.
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Annual Revenue
$13.76 M (USD)14.3as on Dec 31, 2024
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Net Profit
$548.78 K (USD)111.92as on Dec 31, 2024
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EBITDA
$228.05 K (USD)107.88as on Dec 31, 2024
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Total Equity Funding
$12.8 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
SBI Group
& 7 more
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Employee Count
155
as on Dec 31, 2024
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IPO & Listings of Flitto
Flitto is a publicly listed company on the KRX with ticker symbol 300080 in South Korea, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
People of Flitto
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Funding Insights of Flitto
Flitto has successfully raised a total of $12.8M across 4 strategic funding rounds. 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 Total Funding
- Total Rounds 4
- Last Round Last Round
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First Round
First Round
(01 Sep 2012)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2017 | Amount | Series B - Flitto | Valuation | Colopl Next |
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| May, 2016 | Amount | Series B - Flitto | Valuation | SBI Group , Atinum Investment |
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| Feb, 2014 | Amount | Series A - Flitto | Valuation |
investors |
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Investors in Flitto
Flitto has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include SBI Group, DSC Investment and Atinum Investment.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments are made in startups and listed stocks globally.
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Founded Year | Domain | Location | |
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VC firm investing in geographies such as South Korea
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Founded Year | Domain | Location | |
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Early-stage VC investments in Chinese tech startups are focused on.
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Founded Year | Domain | Location |
Investments & Acquisitions by Flitto
Financial Statements - Flitto
Flitto Comparisons
Competitors of Flitto
Flitto 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, Gengo, TranscribeMe, lengoo and Transfluent, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
On-demand transcription, captioning, and document translation services are offered.
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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 |
Audio speech is converted to searchable text by TranscribeMe.
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| domain | founded_year | HQ Location |
AI-backed translation services are provided for diverse industries.
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| domain | founded_year | HQ Location |
Human-powered translation services are provided for digital content.
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Frequently Asked Questions about Flitto
Flitto was founded in 2012.
Flitto is headquartered in Seoul, South Korea.
Flitto is a funded company, having raised a total of $12.8M across 4 funding rounds to date. The company's 1st funding round was a Series A of $3.1M, raised on Sep 01, 2012.
As of Dec 31, 2024, the latest employee count at Flitto is 155.
Annual revenue of Flitto is $13.76M as on Dec 31, 2024.
Provider of a crowdsourced translation platform for enterprises and individuals. The platform allows users to seek translation of texts, voice, or image-based content through their mobile devices in over multiple languages. It also provides the translation of celebrity news feeds, web-based comics, e-commerce deals, and QR codes. The crowdsourced team of translators is ranked on Its platform by an internal algorithm that uses the speed, quantity, and quality of translations as parameters. Top translators are provided points that can be redeemed either as PayPal money or donated to a charity. Users deal with their respective translators on a one-to-one basis.
Yes, Flitto is publicly traded on KRX under the ticker symbol 300080.
Flitto has 8 investors. Key investors include SBI Group, DSC Investment, Atinum Investment, COLOPL NEXT, and K2VC.
The ticker symbol of Flitto is 300080 on KRX.