Smartcat

Platform for streamlining translation processes

Wilmington, Delaware, United States

About Smartcat

Smartcat provides a platform that connects businesses with translators to simplify the localization process. The platform allows users to manage translation projects by assigning tasks, sending quotes, processing payments, and addressing issues all in one place. This streamlined workflow reduces the number of steps needed for translation, which helps increase productivity and lower costs. Unlike many competitors, Smartcat emphasizes automation and integration, making it easier for clients to handle their translation needs efficiently. The goal of Smartcat is to enhance the translation experience for organizations, language service providers, and freelancers by providing a comprehensive and user-friendly solution.

Wilmington, DelawareHeadquarters
2016Year Founded
$69.9MTotal Funding
SERIES_CCompany Stage
Consulting, Enterprise SoftwareIndustries
201-500Employees

Benefits

Remote Work Options
Flexible Work Hours

Risks

Emerging AI-driven platforms may erode Smartcat's market share.
Technological advancements in translation could outpace Smartcat's current capabilities.
Geopolitical tensions may impact Smartcat's operations due to its Russian origins.

Differentiation

Smartcat integrates AI and machine learning for enhanced translation accuracy and efficiency.
The platform offers seamless collaboration between businesses and translators, reducing workflow steps.
Smartcat's subscription and transaction-based model provides cost-effective translation solutions.

Upsides

Rising demand for real-time translation boosts Smartcat's market potential.
AI-driven solutions enhance localization processes, reducing time and costs for clients.
Cloud-based management facilitates global team collaboration, increasing Smartcat's appeal.

Funding

Total raised$69.89 M
Latest valuation$215.00 M
StageSERIES_C
SERIES C
8/31/2024
$43
$215.00 M
SERIES B
10/31/2020
$15
$73.00 M
$7
$35.00 M
SEED
12/31/2016
$4
$22.50 M
EARLY VC
6/30/2016
$3
$12.50 M