About Lokalise
Lokalise is a company based in Newark (United States) founded in 2016 by Nick Ustinov.. Lokalise has raised $56 million across 2 funding rounds from investors including Dawn Capital, CRV and Creandum. Lokalise offers products and services including Localization Platform, AI Translation, and Integration Tools. Lokalise operates in a competitive market with competitors including Welocalize, RWS Group, KeyPoint Technologies, Rozetta and Saltlux, among others.
- Headquarter Newark, United States
- Founders Nick Ustinov
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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 Lokalise
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$56 M (USD)
in 2 rounds
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Latest Funding Round
$50 M (USD), Series B
Dec 06, 2021
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Investors
Dawn Capital
& 18 more
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Employee Count
Employee Count
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Products & Services of Lokalise
Lokalise offers a comprehensive portfolio of products and services, including Localization Platform, AI Translation, and Integration Tools. 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.
Tool for automating and managing translations for apps and websites.
Service for quick, accurate bulk translations using machine learning.
Features for connecting with GitHub and Figma for seamless workflows.
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Funding Insights of Lokalise
Lokalise has successfully raised a total of $56M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $50 million completed in December 2021. 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 2
- Last Round Series B — $50.0M
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First Round
First Round
(07 Sep 2020)
- Investors Count 19
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Series B - Lokalise | Valuation | CRV , Creandum | |
| Sep, 2020 | Amount | Series A - Lokalise | Valuation | 3VC Seed |
| 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 Lokalise
Lokalise has secured backing from 19 investors, including venture fund and angel investors. Prominent investors backing the company include Dawn Capital, CRV and Creandum. 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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CRV is recognized as a venture capital firm investing in technology startups.
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Founded Year | Domain | Location | |
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Venture capital investments and support services are offered to early-stage tech startups.
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Founded Year | Domain | Location | |
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A European venture capital fund focused on tech startups.
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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 Lokalise
| 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 |
Financial Statements - Lokalise
| 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 |
Lokalise Comparisons
Competitors of Lokalise
Lokalise 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 Welocalize, RWS Group, KeyPoint Technologies, Rozetta and Saltlux, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Content distribution and localization services are provided to enterprises worldwide.
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| domain | founded_year | HQ Location |
Translation, intellectual property, and language support services are provided.
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| domain | founded_year | HQ Location |
AI-powered language technologies and IT solutions are provided.
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| domain | founded_year | HQ Location |
Language localisation services provider
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| domain | founded_year | HQ Location |
Multilingual translation and localization services are provided via proprietary platforms.
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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 Lokalise
Frequently Asked Questions about Lokalise
When was Lokalise founded?
Lokalise was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Where is Lokalise located?
Lokalise is headquartered in Newark, United States. It is registered at Newark, New Jersey, United States.
Is Lokalise a funded company?
Lokalise is a funded company, having raised a total of $56M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6M, raised on Sep 07, 2020.
What does Lokalise do?
Lokalise was founded in 2016 and is based in Newark, United States. Operations focus on the software localization sector, where services are delivered to developers, managers, and translators through integrations and security measures. Key elements include collaborative translation processes, workflow management for localization, automation of translation tasks, quality assurance checks, in-context editing capabilities, end-user delivery options, and handling of support ticket translations.
Who are the top competitors of Lokalise?
Lokalise's top competitors include Welocalize, KeyPoint Technologies and RWS Group.
What products or services does Lokalise offer?
Lokalise offers Localization Platform, AI Translation, and Integration Tools.
Who are Lokalise's investors?
Lokalise has 19 investors. Key investors include Dawn Capital, CRV, Creandum, 3VC, and Chalfen Ventures.