What is VerbalizeIt?
VerbalizeIt operates as a high-growth technology platform dedicated to business internationalization. The company provides a comprehensive suite of translation solutions, including website localization, mobile application adaptation, document translation, and video subtitling. By integrating a curated community of 20,000 human translators with seamless technological workflows, VerbalizeIt enables organizations to engage effectively with diverse customer bases across 150 languages. This hybrid approach ensures that businesses can maintain cultural nuance and linguistic accuracy while scaling their operations across multiple mediums of communication, effectively positioning the company as a critical partner for global market expansion.
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 focused on investing in early-stage information technology, Internet, and software startups. They leverage deep industry expertise and a vast network to help entrepreneurs scale innovative ideas into market-leading companies.
Undisclosed Investor
Undisclosed investor participating in the funding round.
Undisclosed Investor
Undisclosed investor participating in the funding round.
What's next for VerbalizeIt?
With the infusion of this recent capital, VerbalizeIt is well-positioned to accelerate its enterprise-level growth strategy. The company is expected to focus on enhancing its proprietary translation technology and expanding its translator network to meet the increasing demand for real-time, high-quality linguistic services. As the firm moves deeper into the enterprise market, strategic priorities will likely include the integration of advanced machine learning tools to augment human translation capabilities, thereby increasing operational efficiency and throughput. This trajectory suggests a continued commitment to dominating the localization space by providing scalable, reliable, and culturally resonant communication solutions for the modern global enterprise.
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