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Venture Capital News: Smartcat Nabs $43M Series C Funding Round

2024-09-10
BOSTON, MA, Smartcat, the enterprise language AI platform, today announced $43 million in Series C funding to accelerate its expansion.
Smartcat's simple, intuitive platform uses AI to translate and create content for global enterprises, realizing significant ROI savings over traditional solutions. The round was led by Left Lane Capital. The financing will support the growing demand for Smartcat's AI-based translation and multilingual content generation solutions.

Smartcat is the enterprise language AI platform. The cloud-based solution has over 100 use cases for all kinds of teams, including learning & development, marketing, localization, product, and ecommerce. Smartcat's client-tailored language AI translates any content into any language (over 280) and allows global teams to generate new content from existing corporate materials, making global operations simple for corporate teams. More than 1,000 global enterprises, including 20% of the Fortune 500, trust Smartcat to communicate all over the world.
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