What is VerbalizeIt?
VerbalizeIt operates as a technology platform designed to facilitate global business expansion. The company offers a comprehensive suite of translation solutions, including website, mobile app, and document translation, alongside video subtitling services. By leveraging a curated community of 20,000 human translators, VerbalizeIt empowers businesses to enhance engagement with a global customer base across 150 languages and various communication mediums, effectively breaking down language barriers for international commerce.
How much funding has VerbalizeIt raised?
VerbalizeIt has raised a total of $2.4M across 2 funding rounds:
Private Equity
$1.6M
Angel/Seed
$834K
Private Equity (2012): $1.6M, investors not publicly disclosed
Angel/Seed (2014): $834K led by Foundry Group
Key Investors in VerbalizeIt
Foundry Group
Foundry Group is a venture capital firm specializing in early-stage information technology, Internet, and software startups. They are known for actively supporting entrepreneurs with capital, industry expertise, and a strong network to foster company growth.
What's next for VerbalizeIt?
With the recent major strategic investment, VerbalizeIt is poised for accelerated growth and enhanced service offerings. The company's focus on seamless technology integration and its robust translator community position it to further solidify its market leadership in the global translation and localization sector. Future developments are expected to center on expanding its technological capabilities and deepening its market penetration, enabling more businesses to achieve effective international communication and operational efficiency.
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