About VerbalizeIt
VerbalizeIt is a company based in New York (United States) founded in 2011 was acquired by Smartling in May 2016.. VerbalizeIt has raised $2.8 million across 5 funding rounds from investors including Galvanize, Smartling and Techstars. VerbalizeIt offers products and services including Translation Management System, AI Translation, Machine Translation, and Professional Translation. VerbalizeIt operates in a competitive market with competitors including Lionbridge, ZOO Digital Group, TransPerfect, Get Blend and AMPLEXOR, among others.
- Headquarter New York, United States
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Verbalizeit, Inc.
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Products & Services of VerbalizeIt
VerbalizeIt offers a comprehensive portfolio of products and services, including Translation Management System, AI Translation, Machine Translation, and Professional 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.
Platform for orchestrating and automating translation workflows.
Provides instant, on-brand translations using large language models.
Offers quick translations via multiple engines for various content.
Delivers human-reviewed translations from a network of linguists.
Funding Insights of VerbalizeIt
VerbalizeIt has successfully raised a total of $2.8M across 5 strategic funding rounds. The most recent funding activity was a Grant round of $250 thousand completed in June 2015. 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 5
- Last Round Grant — $250,000
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First Round
First Round
(09 Aug 2012)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2015 | Amount | Grant - VerbalizeIt | Valuation |
investors |
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| Oct, 2014 | Amount | Seed - VerbalizeIt | Valuation |
investors |
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| Jun, 2013 | Amount | Angel Round - VerbalizeIt | Valuation |
investors |
| 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 VerbalizeIt
VerbalizeIt has secured backing from 6 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Galvanize, Smartling and Techstars. 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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Blue Ocean Enterprises is engaged in investments and real estate development.
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Venture capital is invested in early-stage tech startups.
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Startups are accelerated globally without sector restrictions through structured programs.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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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 VerbalizeIt
| 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 - VerbalizeIt
| 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 |
Verbalizeit Comparisons
Competitors of VerbalizeIt
VerbalizeIt 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 Lionbridge, ZOO Digital Group, TransPerfect, Get Blend and AMPLEXOR, 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 |
Translation, localization and global marketing services
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Cloud-based audio-visual localization services are provided by ZOO Digital Group.
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| domain | founded_year | HQ Location |
Translation and localization services are provided, including language management.
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| domain | founded_year | HQ Location |
Real-time project collaboration and workflow optimization are enabled for teams.
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| domain | founded_year | HQ Location |
Solutions in digital experience, compliance, and content globalization are provided.
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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 Verbalizeit
Frequently Asked Questions about VerbalizeIt
When was VerbalizeIt founded?
VerbalizeIt was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is VerbalizeIt located?
VerbalizeIt is headquartered in New York, United States. It is registered at New York, New York, United States.
Is VerbalizeIt a funded company?
VerbalizeIt is a funded company, having raised a total of $2.8M across 5 funding rounds to date. The company's 1st funding round was a Angel Round of $250K, raised on Aug 09, 2012.
What does VerbalizeIt do?
VerbalizeIt was founded in 2011 in New York, United States, within the localization and translation sector. End-to-end services are provided, enabling content uploads to a cloud platform for routing to a curated community selected by geography, industry expertise, and demographics. Smartling was acquired to integrate translation management for audio, video, and multimedia content, supporting enterprise operations.
Who are the top competitors of VerbalizeIt?
VerbalizeIt's top competitors include Lionbridge, ZOO Digital Group and TransPerfect.
What products or services does VerbalizeIt offer?
VerbalizeIt offers Translation Management System, AI Translation, Machine Translation, and Professional Translation.
Who are VerbalizeIt's investors?
VerbalizeIt has 6 investors. Key investors include Galvanize, Smartling, Techstars, Blue Ocean Enterprises, and Foundry.