About Phrase
Phrase is a Technology company based in Prague (Czechia) founded in 2012, and was acquired by Memsource in January 2021. Cloud-based software for translation workflow automation is offered. Its website phrase.com draws about 690 thousand monthly visits. Its focus areas include Enterprise Applications, Localisation - L10n Tech, Localisation types and Software Products.
Company details
Phrase was founded in 2012 in Prague, Czech Republic, within the software sector focused on localization. Cloud-based tools for translation management are provided, with workflows automated for project oversight and process efficiency. Features encompass proofreading, user permissions, notifications, activity logs, comments, checks, editing, memory, in-context tools, glossaries, and screenshots. Analytics dashboards deliver data on workloads, vendor results, language costs, and translation efficiencies.
- Headquarters Prague, Czechia
- Stage Acquired
- SectorsTechnology
- Website category Computers Electronics and Technology · Programming and Developer Software
- Email••••••••
- Phone•••• ••••
- Website phrase.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Memsource (Jan 2021)
- Latest Funding Round$13.49M (USD), Debt – Venture
Jul 2023
- InvestorsCanadian Imperial Bank of Commerce
& 2 more
- Acquired byMemsource
(Jan 2021)
Apps and channels of Phrase
its YouTube channel Phrase has 3.16K subscribers and 30 videos.
Videos from Phrase
The most watched videos on Phrase's YouTube channel, Phrase (3.16K subscribers). Click a video to play it here.
More on Phrase.
Funding Insights of Phrase
- Total Rounds 1
- Last Round Debt – Venture — $13.49M
- First Round $13.49M
(Jul 2023)
- Investors Count 1
All 1 funding rounds of Phrase 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 |
|---|---|---|---|---|---|
| Jul 2023 | $13.49M | Debt – Venture | – | – |
3 investors in total: 3 institutional.
Investors in Phrase
Phrase has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Canadian Imperial Bank of Commerce, The Carlyle Group and Memsource.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are directed toward multiple sectors. | 1986 | carlyle.com | ||
Commercial banking services are provided to individuals and businesses. | 1867 | cibc.com | Toronto, Canada | |
Cloud-based translation platform is provided for localization needs. | 2011 | memsource.com | Prague, Czech Republic |
Investor details for Phrase
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Phrase
3 dated milestones of Phrase across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Phrase is founded.
- Exit Acquired by Memsource.
- Funding First funding round of $13.5M.
Web traffic of Phrase
The website of Phrase (phrase.com) receives about 690K visits a month and ranks #73,401 among all websites worldwide, #8,672 in Programming and Developer Software.
- Monthly visits690K
▼ 2.4% vs previous month
- Unique visitors201.1K
per month
- Global rank#73,401
among all websites
- Category rank#8,672
Computers Electronics and Technology · Programming and Developer Software
- Bounce rate58%
- Pages per visit3.0
- Average visit1 min 25 sec
- DevicesDesktop 63% · Mobile 37%
Websites whose visitors overlap most with Phrase. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| lokalise.com | 100% | 369.4K | #122,299 | View details | |
phraseapp.com | phraseapp.com | 86% | – | ||
| transifex.com | 84% | 221.7K | #128,966 | View details | |
| github.com | 83% | 542.6M | #65 | View details | |
| localazy.com | 80% | 193.6K | #184,942 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Phrase
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- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about Phrase
Complete news archive for Phrase
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- Full article archive
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- Older coverage
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Frequently Asked Questions about Phrase
Phrase was founded in 2012 and raised its 1st funding round 11 years after it was founded.
Phrase is headquartered in Prague, Czechia.
Phrase was founded in 2012 in Prague, Czech Republic, within the software sector focused on localization. Cloud-based tools for translation management are provided, with workflows automated for project oversight and process efficiency. Features encompass proofreading, user permissions, notifications, activity logs, comments, checks, editing, memory, in-context tools, glossaries, and screenshots. Analytics dashboards deliver data on workloads, vendor results, language costs, and translation efficiencies.
Phrase has 3 investors. Key investors include Canadian Imperial Bank of Commerce, The Carlyle Group, and Memsource.
Yes. Phrase was acquired by Memsource in January 2021.
The website of Phrase receives about 690 thousand visits a month and ranks #73,401 among all websites worldwide.

