What is Smartling?
Founded with the mission to streamline localization and translation processes, Smartling leverages its proprietary LanguageAI platform to empower global enterprises to connect with customers in their native languages across all channels. This AI-driven integrated platform delivers high-quality translations with enhanced speed, reliability, and cost-efficiency compared to traditional methods. Smartling's extensive client roster spans diverse industries and includes major brands such as British Airways, Canva, IHG, and Volkswagen. The company annually translates billions of words into over 450 languages and locales, reflecting its expansive global reach and operational scale.
How much funding has Smartling raised?
Smartling has raised a total of $225M across 6 funding rounds:
Series A
$4M
Series B
$10M
Series C
$24M
Series D
$25M
Debt
$2M
Private Equity
$160M
Series A (2010): $4M with participation from U.S. Venture Partners, First Round Capital, and Venrock
Series B (2011): $10M led by U.S. Venture Partners, First Round Capital, and Venrock
Series C (2013): $24M supported by Felicis Ventures, Tenaya Capital, U.S. Venture Partners, First Round Capital, Harmony Group Capital, IDG Capital, and Venrock
Series D (2014): $25M featuring Felicis Ventures, Tenaya Capital, ICONIQ Capital, U.S. Venture Partners, First Round Capital, Harmony Group Capital, IDG Capital, and Venrock
Debt (2020): $2M backed by PPP
Private Equity (2021): $160M with participation from Battery Ventures
Key Investors in Smartling
U.S. Venture Partners
U.S. Venture Partners (USVP) is a prominent Silicon Valley venture capital firm dedicated to collaborating with entrepreneurs to develop transformative companies. Specializing in early-stage investments, USVP focuses on sectors such as cybersecurity, enterprise software, consumer products, and healthcare.
Felicis Ventures
Felicis Ventures is a Menlo Park-based venture capital firm that raises multistage funds to invest in early and growth-stage technology companies across sectors such as SaaS, AI, fintech, and consumer, typically leading seed and Series A rounds and supporting founders through scaleup and exit.
Battery Ventures
Battery partners with exceptional founders and management teams developing category-defining businesses in markets including software and services, enterprise infrastructure, online marketplaces, healthcare IT and industrial technology. Founded in 1983, the firm backs companies at all stages, ranging from seed and early to growth and buyout, and invests globally.
What's next for Smartling?
The substantial enterprise-level funding and recent strategic investment signal Smartling's readiness for accelerated expansion and innovation. This capital infusion is expected to fuel further development of its AI capabilities, enhance its platform's integration across various business systems, and broaden its market penetration. Smartling is strategically positioned to capitalize on the increasing demand for seamless global communication solutions, reinforcing its leadership in the competitive language technology landscape.
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