SmartCAT Platform Inc.
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SmartCAT Platform Inc. - overview
Established
2016
Location
Wilmington, DE-Delaware, US
Primary Industry
Software
About
Based in Massachusetts, US, and founded in 2016, SmartCAT Platform Inc. develops a cloud platform for translation automation. As of 2023, the company is headed by its CEO Ivan Smolnikov. In June 2018, the firm raised USD 6.
976 million in Series A funding led by investor Matrix Partners, with participation from other investors. The company offers a wide range of products such as AI translation, payment automation, linguist marketplace, advanced CAT tool, website translator, and integration. The firm solution range includes localize software, localize e-learning, hire translators, translate file, translate video, and localize websites. In September 2024, new investor Left Lane Capital led USD 43 million in series C funding for SmartCAT Platform Inc.
The company plans to use the September 2024 funding to enhance its artificial intelligence technology.
Current Investors
RedSeed Ventures, Matrix Partners, Altair Capital
Primary Industry
Software
Sub Industries
Content Management Software, Application Integration Software
Website
www.smartcat.com/
Verticals
Artificial Intelligence, Artificial Intelligence, Cloud Computing
Company Stage
Series C
Total Amount Raised
Subscriber access only
SmartCAT Platform Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series C | Completed | SmartCAT Platform Inc. | - | ||||||||
| Series B | Completed | SmartCAT Platform Inc. | - | ||||||||
| Series A | Completed | SmartCAT Platform Inc. | - | ||||||||
| Seed | Completed | SmartCAT Platform Inc. | - | ||||||||
| Unspecified Round | Completed | SmartCAT Platform Inc. | - |
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SmartCAT Platform Inc. - employee data
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