About Welocalize
Welocalize is a company based in Frederick (United States) founded in 1997 by Julia Yewell was acquired by Norwest Equity Partners in May 2015.. Welocalize has raised $6 million across 5 funding rounds from investors including European Union, NMP Capital and Norwest Equity Partners. The company has 864 employees as of December 31, 2019. Welocalize has completed 5 acquisitions, including Adapt, Global Languages and NLG. Welocalize operates in a competitive market with competitors including RWS Group, KeyPoint Technologies, Lokalise, Bering Lab and Rozetta, among others.
- Headquarter Frederick, United States
- Employees 864 as on 31 Dec, 2019
- Founders Julia Yewell
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6 M (USD)
in 5 rounds
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Latest Funding Round
$13.7 K (USD), Grant
Sep 29, 2017
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Investors
European Union
& 4 more
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Employee Count
864
as on Dec 31, 2019
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Investments & Acquisitions
Adapt
& 4 more
- Acquired by
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Software Development Team
16 people
Operations Team
14 people
Data Analysis and Operations Team
10 people
Finance and Accounting
8 people
Senior Team
6 people
Language Team
2 people
Legal and Compliance
2 people
General Team
2 people
Unlock access to complete
Funding Insights of Welocalize
Welocalize has successfully raised a total of $6M across 5 strategic funding rounds. The most recent funding activity was a Grant round of $13.7 thousand completed in September 2017. 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 — $13,695
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First Round
First Round
(19 Jul 2000)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2017 | Amount | Grant - Welocalize | Valuation |
investors |
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| Jan, 2017 | Amount | Grant - Welocalize | Valuation |
investors |
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| Nov, 2016 | Amount | Grant - Welocalize | 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 Welocalize
Welocalize has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, NMP Capital and Norwest Equity Partners. 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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Investment solutions are provided by NMP Capital to financial sponsors.
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Founded Year | Domain | Location | |
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PE firm investing in the US
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Founded Year | Domain | Location | |
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Private equity firm investing in technology and healthcare businesses for growth capital.
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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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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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 Welocalize
Welocalize has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Adapt, Global Languages and NLG. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Adapt is engaged in international digital performance marketing and analytics.
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2010 | ||||
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Digital marketing consulting services are provided to businesses by SearchStar.
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2005 | ||||
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Translation and localization services are provided worldwide by NLG.
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2000 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Welocalize
| 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 |
Welocalize Comparisons
Competitors of Welocalize
Welocalize 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 RWS Group, KeyPoint Technologies, Lokalise, Bering Lab and Rozetta, 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, intellectual property, and language support services are provided.
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| domain | founded_year | HQ Location |
AI-powered language technologies and IT solutions are provided.
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| domain | founded_year | HQ Location |
Language localization services are provided for mobile apps and websites.
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| domain | founded_year | HQ Location |
Legal document translation services are provided by Bering Lab.
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| domain | founded_year | HQ Location |
Language localisation services provider
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Welocalize
Frequently Asked Questions about Welocalize
When was Welocalize founded?
Welocalize was founded in 1997 and raised its 1st funding round 3 years after it was founded.
Where is Welocalize located?
Welocalize is headquartered in Frederick, United States. It is registered at Frederick, Maryland, United States.
Who is the current CEO of Welocalize?
Paul Carr is the current CEO of Welocalize.
Is Welocalize a funded company?
Welocalize is a funded company, having raised a total of $6M across 5 funding rounds to date.
How many employees does Welocalize have?
As of Dec 31, 2019, the latest employee count at Welocalize is 864.
What does Welocalize do?
Founded in 1997 and headquartered in Frederick, United States, Welocalize operates in the translation and localization sector. Professional content solutions are delivered, including adaptation, machine automation, and services for user interfaces, technical manuals, websites, mobile content, advertising, and employee communications. A network of 30,000 linguists and experts supports multilingual operations. An integrated system streamlines multichannel campaigns across CRM and PIM for e-commerce.
Who are the top competitors of Welocalize?
Welocalize's top competitors include KeyPoint Technologies, RWS Group and Lokalise.
How many acquisitions has Welocalize made?
Welocalize has made 5 acquisitions, including Adapt, Global Languages, and NLG.
Who are Welocalize's investors?
Welocalize has 5 investors. Key investors include European Union, NMP Capital, Norwest Equity Partners, LLR Partners, and Riverside Partners.