Smartcat

Business/Productivity Software · Wilmington, DE · Founded 2016 · Privately Held (backing)

Operator of a translation automation platform intended to optimize translation processes while improving its quality at the same time. Smartcat is based in Wilmington, DE and was founded in 2016. Its last known valuation is $170 million. It has raised $75.2 million across 2 recorded rounds; the latest was a $14.6 million Series B in Jul 2020.

Last price · $/share
—
Implied valuation
$170.0M
Total raised
$75.2M
Last round
Early Stage VC (Series B)
Jul 2020

Smartcat key facts

  • Operator of a translation automation platform intended to optimize translation processes while improving its quality at the same time.
  • Smartcat’s last known valuation is $170.0M.
  • It has raised $75.2M across 2 recorded rounds; the latest was Early Stage VC (Series B) ($14.6M) in Jul 2020.
  • Notable investors include FJ Labs, Matrix, Lead Edge Capital, AltaIR Capital, Left Lane Capital — 14 tracked in total.
  • Status: Privately Held (backing).
Free account
More of Smartcat with a free account
  • ·The complete investor list: 14 names
  • ·Watch Smartcat: the Monday email on marks, rounds and moves
Create free account
No card required

Membership and data by Private Market View

Smartcat funding rounds

2 rounds
Jul 2020Early Stage VC (Series B)$14.6M▮
Jun 2018Early Stage VC (Series A)$7.0M▮

Smartcat valuation

Smartcat's last known valuation is $170 million. The figure stands until a priced round, a secondary trade or an institutional fund mark prices the stock again.

How much has Smartcat raised?

Smartcat has raised $75.2 million in total; 2 of its rounds are on record. The largest on record was a $7 million Series A in Jun 2018; the most recent was a $14.6 million Series B in Jul 2020.

Smartcat investors

14 investors are on record for Smartcat, including FJ Labs, Matrix, Lead Edge Capital and AltaIR Capital. By type, the record holds 5 venture capital firms, 1 private equity firm and 1 growth equity firm. The Series B in Jul 2020 drew 3 investors.

Comparable companies

Comparable business/productivity software names by valuation on PrivateMarketView: Hume ($178 million), DataHub (Palo Alto, United States) ($170 million) and Ocient ($160 million).

About Smartcat

Operator of a translation automation platform intended to optimize translation processes while improving its quality at the same time. The company's platform uses quality assurance checks and algorithms to connect businesses and translators into a continuous translation delivery loop, combines a free-to-use collaborative workflow tool, and offers a marketplace and a network of translation professionals, enabling content companies to automate their translation processes and reduce operating costs.

Industry
Business/Productivity Software
Sector
Information Technology
HQ
Wilmington, DE, United States
Founded
2016
Employees
340
Ownership
Privately Held (backing)

Is this your company? Sign in with your work email to keep it current, or tell us what's wrong.

Valuation on record
$170.0M

Smartcat’s last known valuation. A PrivateMarketView mark is published once fund marks, secondary prints or a priced round let us confirm it.