About Straker.AI
Straker.AI is a Business Services company based in Brussels (Belgium) founded in 1990, and was acquired by Straker Translations in January 2022. Language services are provided by IDEST in Brussels since 1990. It operates on a AI-as-a-Service and Professional Services model. The company has 15 employees. Straker.AI offers products and services including Straker Verify, Tiri Platform, and Certified Translation. Its focus areas include Technology, Software and AI and Machine Learning. Its legal entity is Straker Limited.
Company details
Straker.AI is engaged in providing AI-powered translation and localization solutions for global businesses. Services are offered across various sectors including institutional, medical, and corporate environments. The companys Linguistic Technology Platform (LTP) is utilized to combine AI intelligence with human verification for enhanced accuracy. Solutions are designed to support over 120 languages, ensuring rapid content scaling. Operations are supported by a global network of offices.
- Headquarters Brussels, Belgium
- Employees 15
- Stage Acquired
- SectorsBusiness Services
- Email••••••••
- Phone•••• ••••
- Website idestnet.com
- Social LinkedIn X
- Acquired by Straker Translations (Jan 2022)
- Legal Name Straker Limited
- Net Profit$373.2 K (USD)190as on Dec 31, 2021
- EBITDA$541.28 K (USD)146as on Dec 31, 2021
- Latest Funding Round$17.84K (USD), Grant
Dec 2021
- InvestorsEuropean Union
& 1 more
- Employee Count15
- Acquired byStraker Translations
(Jan 2022)
Products & Services of Straker.AI
Straker.AI offers a comprehensive portfolio of products and services, including Straker Verify, Tiri Platform, and Certified Translation.
AI-driven translation platform with integrated quality verification tools.
Advanced small language models for future localization solutions.
Certified document translations for medical and governmental needs.
Funding Insights of Straker.AI
- Total Rounds 17
- Last Round Grant — $17,844
- Investors Count 1
Latest 10 of 17 funding rounds of Straker.AI 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 |
|---|---|---|---|---|---|
| Dec 2021 | $17,844 | Grant | – | – | |
| Dec 2021 | $24,949 | Grant | – | – | |
| Dec 2021 | $932,866 | Grant | – | – | |
| Nov 2021 | $19,228 | Grant | – | – | |
| Dec 2019 | $16,912 | Grant | – | – | |
| Aug 2019 | $18,815 | Grant | – | – | |
| Sep 2018 | $43,893 | Grant | – | – | |
| Dec 2015 | $22,610 | Grant | – | – | |
| Dec 2015 | Grant | – | – | ||
| Dec 2015 | $181,110 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in Straker.AI
Straker.AI has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Straker.AI.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Straker.AI is recognized for AI-driven translation and content automation. | 1999 | strakertranslations.com | Auckland, New Zealand |
Investor details for Straker.AI
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 Straker.AI
4 dated milestones of Straker.AI across 32 years, from founding to its latest funding, stage changes and deals.
- Founded Straker.AI is founded.
- Funding First funding round.
- Funding Latest funding round, Grant, of $18K.
- Exit Acquired by Straker Translations.
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Frequently Asked Questions about Straker.AI
Straker.AI was founded in 1990 and raised its 1st funding round 25 years after it was founded.
Straker.AI is headquartered in Brussels, Belgium. It is registered at Brussels, Brussels-capital Region, Belgium.
Straker.AI has 15 employees.
Straker.AI is engaged in providing AI-powered translation and localization solutions for global businesses. Services are offered across various sectors including institutional, medical, and corporate environments. The companys Linguistic Technology Platform (LTP) is utilized to combine AI intelligence with human verification for enhanced accuracy. Solutions are designed to support over 120 languages, ensuring rapid content scaling. Operations are supported by a global network of offices.
Straker.AI offers Straker Verify, Tiri Platform, and Certified Translation.
Straker.AI has 2 investors. Key investors include European Union, and Straker.AI.
Straker.AI operates through Straker Limited.
Yes. Straker.AI was acquired by Straker Translations in January 2022.