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About Lilt
Industries
Enterprise Software
AI & Machine Learning
Company Size
501-1,000
Company Stage
Series C
Total Funding
$92.6M
Headquarters
San Francisco, California
Founded
2015
Overview
Lilt provides translation services powered by Generative AI, targeting global enterprises that need to translate their products, services, and media content. Their service integrates seamlessly into clients' existing systems, allowing businesses to maintain their usual workflows while benefiting from AI-enhanced translations. Lilt combines its AI technology with the expertise of skilled linguists who offer real-time feedback to ensure high-quality and consistent translations. Clients have reported up to a 40% reduction in translation costs, making Lilt a cost-effective choice. Beyond translation, Lilt also engages in discussions about the role of Generative AI in transforming businesses, establishing itself as a thought leader in the AI and business technology sectors. The company's goal is to support organizations in reaching a global audience efficiently and effectively.
Simplify's Take
What believers are saying
- Growing demand for AI-driven localization tools boosts Lilt's market potential.
- Lilt's Contextual AI Engine outperforms competitors in accuracy, latency, and cost.
- Lilt's new AEM Connector enhances integration with Adobe Experience Manager.
What critics are saying
- Emerging AI translation startups pose a threat to Lilt's market share.
- Rapid AI advancements may challenge Lilt's ability to maintain a competitive edge.
- Data privacy concerns could lead to regulatory challenges for Lilt.
What makes Lilt unique
- Lilt integrates AI translation with existing enterprise systems for seamless user experiences.
- Lilt's AI solution is complemented by skilled linguists for quality assurance.
- Lilt offers a self-service model builder for customized AI translation solutions.
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Funding
Total Funding
$92.5M
Below
Industry Average
Funded Over
5 Rounds
Industry standards
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
Growth & Insights and Company News
6 month growth
↑ 2%1 year growth
↑ 0%2 year growth
↑ 0%To improve content management and localization efficiency, LILT has introduced a new AEM Connector, allowing users to access LILT's translation capabilities directly within Adobe Experience Manager.
LILT unveils revolutionary AI agents and enterprise solutions at AI Day event.
LILT announces Werner Koepf as Chief Product and Technology Officer.
Lilt, the leading AI solution for enterprise translation, at its third ever AI Day announced the company's latest innovations, including third-party large language model integration in the Contextual AI Engine, self-serve model building and training, and advanced program analytics.
Model Builder Lilt additionally announced its Model Builder, a new management feature within the platform's orchestration layer.
Lilt is Hiring for 28 Jobs on Simplify!
Find jobs on Simplify and start your career today
About Lilt
Industries
Enterprise Software
AI & Machine Learning
Company Size
501-1,000
Company Stage
Series C
Total Funding
$92.6M
Headquarters
San Francisco, California
Founded
2015
Lilt is Hiring for 28 Jobs on Simplify!
Find jobs on Simplify and start your career today