Lilt

AI-powered translation services for enterprises

San Francisco, California, United States

About Lilt

Lilt provides translation services powered by Generative AI, aimed at helping global businesses communicate effectively across different languages. Their service integrates seamlessly into clients' existing systems, allowing companies to use their usual tools without interruption. Lilt's AI technology is enhanced by the expertise of skilled linguists who offer real-time feedback to maintain high-quality translations. This approach has led to significant cost savings for clients, with reports of up to 40% reduction in translation expenses. Beyond translation, Lilt also engages in discussions about the role of Generative AI in transforming business practices, establishing itself as a thought leader in the field. The company's goal is to support enterprises in reaching a wider audience while ensuring efficient and effective communication.

San Francisco, CaliforniaHeadquarters
2015Year Founded
$89.4MTotal Funding
SERIES_CCompany Stage
Enterprise Software, AI & Machine LearningIndustries
501-1,000Employees

Benefits

Full Healthcare - Employees receive coverage of medical, dental, and vision insurance.
401(k) Matching - We even match a portion of your contributions to help you save for your retirement
Competitive Compensation - We offer top market compensation programs, equity and salary, that grow alongside your impact.
Flexible Time Off - Take the time you need to rest, recharge, and rejuvenate.
Professional Development Budget - Every team has a budget for professional development
International Off-Site - When it's safe to do so, we can't wait to have our global teams reconnect in person

Risks

Self-service model builder may lead to increased competition from clients.
New CFO/COO could lead to strategic shifts misaligned with client expectations.
Rapid innovation pace may cause integration challenges or technical debt.

Differentiation

Lilt integrates AI-powered translation into existing client systems seamlessly.
Lilt's AI solution reduces translation costs by up to 40%.
Lilt combines AI with skilled linguists for real-time feedback and quality assurance.

Upsides

Growing demand for AI-driven translation as companies expand globally.
Lilt's AI outperforms traditional solutions like Google Translate in accuracy and cost.
Rising interest in self-service AI model building tools for customization.

Funding

Total raised$89.39 M
Latest valuation$275.00 M
StageSERIES_C
SERIES A
9/30/2018
$10
$47.50 M
$2
$12.00 M
DEBT
4/30/2015
$1