Lilt

Lilt

AI-powered translation services for enterprises

About

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 regular 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 a 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.

Company Stage

Series C

Employees

501-1,000

Industries

Enterprise Software, AI & Machine Learning

Total Funding

$89.4M

Headquarters

San Francisco, California

Founded

2015


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Simplify's Take

What believers are saying

  • 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.

What critics are saying

  • 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.

What makes Lilt unique

  • 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.

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Growth & Insights
Headcount

6 month growth

-1%

1 year growth

-4%

2 year growth

-2%

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

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