About TextMinded
TextMinded is a company based in Copenhagen (Denmark) founded in 1988 was acquired by Semantix in May 2017. TextMinded has completed 1 acquisition, including Interpen Translation. TextMinded operates in a competitive market with competitors including Rev, Gengo, Flitto, TranscribeMe and lengoo, among others.
- Headquarter Copenhagen, Denmark
- SectorsTechnology
- Emailβ’β’β’β’β’β’β’β’
- Website textminded.com
- Social LinkedIn Facebook
- Acquired by Semantix (May 2017)
- Investors
- Investments & Acquisitions
- Acquired bySemantix
(May 2017)
Investors in TextMinded
TextMinded has secured backing from 1 investor. Prominent investors backing the company include Semantix.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Translation services are provided by Semantix for global clients. | 1969 | semantix.com | Stockholm, Sweden |
Investor details for TextMinded
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Investments & Acquisitions by TextMinded
TextMinded has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Interpen Translation.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Language translation services are provided by Interpen Translation since 1985. | iptranslation.dk | Odense, Denmark | 1985 | Jan 2017 | β’β’β’β’ |
Complete acquisition details for TextMinded
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Timeline of TextMinded
3 dated milestones of TextMinded across 29 years, from founding to its latest funding, stage changes and deals.
- Founded TextMinded is founded.
- Acquisition Acquires Interpen Translation.
- Exit Acquired by Semantix.
Competitors of TextMinded
TextMinded 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, Flitto, TranscribeMe and lengoo, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| rev.com | 2010 | San Francisco, United States | $4.9M | 362 | On-demand transcription, captioning, and document translation services are offered. | |
| gengo.com | 2008 | Shibuya, Japan | $24.4M | – | Human translation services are provided via proprietary tools. | |
| flitto.com | 2012 | Seoul, South Korea | $12.8M | – | Provider of a crowdsourced translation platform for enterprises and individuals | |
| transcribeme.com | 2011 | San Francisco, United States | $9.6M | – | Audio speech is converted to searchable text by TranscribeMe. | |
| lengoo.com | 2012 | Berlin, Germany | $26.6M | 29 | AI-backed translation services are provided for diverse industries. | |
| transfluent.com | 2011 | Sunnyvale, United States | $3.86M | – | Human-powered translation services are provided for digital content. | |
| textmaster.com | 2011 | Paris, France | $8.45M | – | On-demand translation, copywriting, and proofreading services are offered. | |
| moravia.com | 1990 | Brno, Czech Republic | – | 1,128 | Translation, localization, and testing services are provided to multiple sectors. |
Detailed competitors of TextMinded
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- Full competitor set
- Operating metrics
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Similar companies to TextMinded
10 companies that operate in the same segment as TextMinded (Localization & Global SaaS Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
On-demand transcription, captioning, and document translation services are offered. | 2010 | San Francisco, California, United States | USD 4.9 M | – | – | |
AI, SaaS, and neural network-based machine translation tools | – | Koln, North Rhine-westphalia, Germany | USD 415 M | – | – | |
AI-based dubbing and subtitling solutions are provided for video content. | 2017 | London, England, United Kingdom | USD 536.3 M | – | – | |
Translation, localization and global marketing services | 1996 | London, England, United Kingdom | USD 12 M | USD 559.98 M | – | |
Translation software is developed for enterprises and LSPs. | 1995 | Alexandria, United States | USD 12 M | – | – | |
Cloud-based audio-visual localization services are provided by ZOO Digital Group. | 1999 | El Segundo, California, United States | – | USD 41.84 M | 435 | |
Translation and localization services are provided, including language management. | 1992 | New York, New York, United States | – | USD 8.91 M | 704 | |
AI-based translation platform is provided for multilingual operations. | 2013 | Lisbon, Portugal | USD 106.27 M | – | – | |
Cloud-based machine translation tools and services are provided by Lilt. | 2015 | Palo Alto, California, United States | USD 163.57 M | – | – | |
Translation and localization solutions are provided via cloud platform. | 2009 | New York, New York, United States | USD 223.36 M | – | – |
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Frequently Asked Questions about TextMinded
TextMinded was founded in 1988.
TextMinded is headquartered in Copenhagen, Denmark.
Provider of human-enabled localization services. It leverages a proprietary cloud-based tool that provides users with transparency over their translation budgets and allows automating the localization requirements. It creates a repository of translated words and strings to reduce future translation requirements and comes inbuilt with machine translation capabilities. Using a network of over freelance language experts specialized in multiple languages, the company provides services like copywriting, editing, software localization, subtitling, and graphics production.
TextMinded has made 1 acquisition, including Interpen Translation.
TextMinded has 1 investor. Key investors include Semantix.
Yes. TextMinded was acquired by Semantix in May 2017.
