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).
Who backs Smartcat
14+- ·The complete investor list: 14 names
- ·Watch Smartcat: the Monday email on marks, rounds and moves
Smartcat funding rounds
2 roundsSmartcat 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
- Website
- smartcat.com/
- Ownership
- Privately Held (backing)
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Smartcat’s last known valuation. A PrivateMarketView mark is published once fund marks, secondary prints or a priced round let us confirm it.