How Much Did Smartling Raise?
Funding & Key Investors

Smartling, a prominent player in the language technology sector, has secured substantial capital, with its total funding reaching $225M and its most recent funding round amounting to $160M. This significant financial backing underscores the company's strategic importance and growth trajectory in the global localization and translation market.

What is Smartling?

Smartling
Business ServicesTranslationSoftware

Founded with the mission to streamline localization and translation processes, Smartling leverages its proprietary LanguageAI platform to empower global businesses to connect with customers in their native languages across all channels. The AI-driven integrated platform delivers high-quality translations with enhanced speed and reliability, often at a reduced cost compared to traditional methods. Smartling serves a diverse clientele, including major brands like British Airways, Canva, IHG, and PayPal, translating billions of words annually into over 450 languages and locales. With a global workforce spanning 17 countries and offices in New York City and Dublin, Smartling demonstrates a robust international presence and operational capacity.

How much funding has Smartling raised?

Smartling has raised a total of $225M across 6 funding rounds:

2010

Series A

$4M

2011

Series B

$10M

2013

Series C

$24M

2014

Series D

$25M

2020

Debt

$2M

2021

Private Equity

$160M

Series A (2010): $4M with participation from First Round Capital, U.S. Venture Partners, and Venrock

Series B (2011): $10M led by U.S. Venture Partners, First Round Capital, and Venrock

Series C (2013): $24M supported by Venrock, Felicis Ventures, Tenaya Capital, IDG Capital, First Round Capital, Harmony Group Capital, and U.S. Venture Partners

Series D (2014): $25M featuring Felicis Ventures, Tenaya Capital, Harmony Group Capital, First Round Capital, U.S. Venture Partners, ICONIQ Capital, IDG Capital, and Venrock

Debt (2020): $2M backed by PPP

Private Equity (2021): $160M with participation from Battery Ventures

Key Investors in Smartling

Battery Ventures

Battery Ventures is a venture capital firm that partners with founders to build category-defining businesses in software, services, and industrial technology. They invest globally across all stages, from seed to buyout.

Venrock

Venrock is a historic venture capital firm founded in 1969, known for its entrepreneurial support and strategic guidance in technology and healthcare ventures, helping startups scale and succeed.

Felicis Ventures

Felicis Ventures is a venture capital firm that invests in early and growth-stage technology companies across SaaS, AI, fintech, and consumer sectors, typically leading seed and Series A rounds.

What's next for Smartling?

The recent major strategic investment in Smartling signals a pivotal phase for the company, likely aimed at accelerating product development, expanding market reach, and further enhancing its AI capabilities. This infusion of capital is expected to bolster its competitive position in the rapidly evolving language services industry, enabling deeper integration of AI for more sophisticated translation workflows and broader enterprise adoption. Smartling's continued focus on seamless, AI-powered localization solutions positions it for sustained growth and innovation.

See full Smartling company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Business Services industry

Business ServicesCommercial PrintingAdvertising Networks
Business ServicesCommercial Printing
Business ServicesSoftware TestingTelecommunicationsVoIP
Accounting for Legal PracticesBusiness ServicesProject Management

Frequently Asked Questions Regarding Smartling Financial Insights

What are the most recent funding rounds that Smartling has completed, and what were the funding rounds?
Smartling has recently completed 3 funding rounds: Private Equity on Dec 2, 2021, Debt on May 3, 2020, Series D on May 20, 2014.
What is the total amount of funding Smartling has raised to date?
Smartling has raised a total of $225M in funding to date.
How many funding rounds has Smartling completed?
Smartling has completed 3 funding rounds.
How much funding did Smartling raise in its most recent funding round?
Smartling raised $160M in its most recent funding round.
Who are the lead investors in Smartling's latest funding round?
The lead investor in Smartling's latest funding round was Battery Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Smartling's history?
The largest funding round in Smartling's history was $160M.
See more information about Smartling