Smartcat

Smartcat

Online platform connecting translators and clients

Overview

Smartcat provides a centralized platform for managing translation and localization projects by connecting businesses with a global network of freelancers. The platform works by automating the translation workflow, allowing users to upload content, assign tasks, and handle all communication and payments within a single interface. Unlike traditional agencies or software, Smartcat integrates a marketplace directly into its management tools to eliminate the need for external emails and separate payment processors. The company’s goal is to reduce the cost and complexity of localization through automation, making it easier for organizations to scale their content into multiple languages.

Significant Headcount Growth

About Smartcat

Simplify's Rating
Why Smartcat is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Consumer Software

Enterprise Software

Company Size

201-500

Company Stage

Series C

Total Funding

$71.9M

Headquarters

Wilmington, Delaware

Founded

2016

People at Smartcat

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Simplify's Take

What believers are saying

  • SCORM translation expands Smartcat into fast-growing enterprise learning content workflows.[3]
  • Delta-based updates reduce retranslation work across multilingual content versions.[3]
  • Life sciences and regulated industries need real-time multilingual updates for compliance changes.[3]

What critics are saying

  • Google and Microsoft bundle translation inside existing productivity suites.[4]
  • DeepL’s enterprise focus pressures Smartcat’s pricing and commoditizes standard translation.[4]
  • AI update errors can propagate incorrect changes across every language and asset.[3]

What makes Smartcat unique

  • Unified AI translation, localization, and human workflows in one platform.[1][4]
  • Integrated marketplace connects businesses with 500,000+ translators, editors, proofreaders, and agencies.[4]
  • Supports 280+ languages and 70+ file formats, including OCR and Trados packages.[1][4]

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Funding

Total Funding

$71.8M

Below

Industry Average

Funded Over

5 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Below Average

Industry standards

$50M
$43M
Smartcat
$50M
Medium
$62M
SeatGeek
$100M
Oura

Benefits

Remote Work Options

Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

6%

1 year growth

6%

2 year growth

7%
FinSMEs
Sep 10th, 2024
Smartcat, a Boston, MA-based provider of an enterprise language AI platform, raised $43M in Series C funding.

Smartcat, a Boston, MA-based provider of an enterprise language AI platform, raised $43M in Series C funding

Slator
Aug 5th, 2020
SmartCAT integrates with AISA

The portal combines the power of cloud-based translation management platform provided by AISA’s technology partner, Smartcat, seamlessly integrated with AISA’s own AI technology solution neural machine translation in order to provide real-time translation.

Slator
Jul 3rd, 2020
SmartCAT hired Stephane Kasriel on May 1st 20'.

Stephane Kasriel joined the board translation management technology startup Smartcat in early May 2020.

Smartcat
Apr 1st, 2020
SmartCAT launches app versions

If SmartCAT previously rolled out new app versions every few months, now it became once every two weeks.

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