Smartling

New York, United States Founded: 2009 • Age: 17 yrs
Translation and localization solutions are provided via cloud platform.
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About Smartling

Smartling is a company based in New York (United States) founded in 2009.. Smartling has raised $223.36 million across 6 funding rounds from investors including Techstars, Battery Ventures and Felicis Ventures. Smartling has completed 1 acquisition, including VerbalizeIt. Smartling offers products and services including Translation Management System, Smartling Translate, and Machine Translation. Smartling operates in a competitive market with competitors including Trint, Cloudwords, Memsource, Localize and XTM International, among others.

  • Headquarter New York, United States
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Smartling, Inc.
Operational Areas
Technology → Artificial Intelligence & Machine Learning
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $223.36 M (USD)

    in 6 rounds

  • Latest Funding Round
    $160 M (USD), Series E

    Dec 02, 2021

  • Investors
    Techstars

    & 9 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of Smartling

Smartling offers a comprehensive portfolio of products and services, including Translation Management System, Smartling Translate, and Machine Translation. 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.

Primary

Platform for orchestrating translations and automating content workflows.

AI-powered portal for instant on-brand translations and quality assurance.

Engine for quick machine-based translations across multiple languages.

People of Smartling
Headcount 50-200
Employee Profiles 58
Board Members and Advisors 1
Employee Profiles
People
Matt Grotenstein
Enterprise Account Director
People
Michael Walker
Sales Manager
People
Max Sogin
VP, Technology
People
James Ganswindt
Enterprise Account Executive

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Funding Insights of Smartling

Smartling has successfully raised a total of $223.36M across 6 strategic funding rounds. The most recent funding activity was a Series E round of $160 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 Rounds 6
  • Last Round Series E — $160.0M
  • First Round

    (18 Mar 2010)

  • Investors Count 10
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2021 Amount Series E - Smartling Valuation Battery Ventures
Aug, 2014 Amount Seed - Smartling Valuation

investors

May, 2014 Amount Series D - Smartling Valuation Iconiq Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Smartling

Smartling has secured backing from 10 investors, including venture fund investors. Prominent investors backing the company include Techstars, Battery Ventures and Felicis Ventures. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Investments in technology companies are conducted globally by Battery Ventures.
Founded Year Domain Location
Investments in technology startups are made by Felicis Ventures.
Founded Year Domain Location
US focused seed and early-stage VC firm
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Smartling

Smartling has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include VerbalizeIt. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
End-to-end localization services are delivered via cloud-based platform.
2011
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Smartling

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Smartling Comparisons

Employees
+
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Competitors of Smartling

Smartling 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 Trint, Cloudwords, Memsource, Localize and XTM International, 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
AI-driven transcription of audio and video files is provided.
domain founded_year HQ Location
Translation platform and vendor marketplace for corporate content are provided.
domain founded_year HQ Location
Cloud-based translation platform is provided for localization needs.
domain founded_year HQ Location
Provider a cloud-based tool and java-script library for localizing and translating content
domain founded_year HQ Location
A cloud-based translation management platform is provided for global use.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Smartling

Frequently Asked Questions about Smartling

When was Smartling founded?

Smartling was founded in 2009 and raised its 1st funding round 1 year after it was founded.

Where is Smartling located?

Smartling is headquartered in New York, United States. It is registered at New York, New York, United States.

Who is the current CEO of Smartling?

Bryan Murphy is the current CEO of Smartling.

Is Smartling a funded company?

Smartling is a funded company, having raised a total of $223.36M across 6 funding rounds to date. The company's 1st funding round was a Series D of $25M, raised on Mar 18, 2010.

What does Smartling do?

Founded in 2009 and based in New York, United States, Smartling operates in the language services sector. A cloud-based translation management platform is offered to automate and oversee workflows for global content. On-demand translation services are delivered through a combination of freelance networks and in-house linguists proficient in various languages, supporting localization needs across industries.

Who are the top competitors of Smartling?

Smartling's top competitors include Trint, Localize and XTM International.

What products or services does Smartling offer?

Smartling offers Translation Management System, Smartling Translate, and Machine Translation.

How many acquisitions has Smartling made?

Smartling has made 1 acquisition, including VerbalizeIt.

Who are Smartling's investors?

Smartling has 10 investors. Key investors include Techstars, Battery Ventures, Felicis Ventures, First Round Capital, and Harmony Partners.

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