COMPANY PROFILE

Lokalise

A localization and translation management platform for agile teams embraces automation, workflow transparency, and fast project delivery

Dover, United StatesFounded 2016AI

Valuation $100–250M Last recorded · 2023

Revenue $50–100M Latest reported FY

Headcount 100–500 Current team size

Total funding $100–500M Disclosed equity funding

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About Lokalise

Lokalise is a tech startup that operates in the language translation and localization industry. The company leverages artificial intelligence (AI) to provide automated translation and localization services. Its primary goal is to help businesses save money, expedite their entry into new markets, and engage customers in their native languages.

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Lokalise's services are designed to cater to a wide range of clients, including software developers, product managers, and businesses looking to expand their reach globally. The company's platform allows for collaboration among teams, enabling them to add and assign tasks, track progress, and streamline their localization workflow.

The business model of Lokalise is based on a subscription service, offering a 14-day trial period without the need for a credit card. The company generates revenue by charging for its AI-powered translation and localization services.

Lokalise also offers a suite of tools to enhance the quality of translations, including translation memory, machine translation, and quality assurance checks. It also provides integrations with popular platforms such as GitHub, Bitbucket, GitLab, Azure Repos, Jira, and more, making it easier for developers to incorporate localization into their workflow.

Furthermore, Lokalise supports localization for any type of web application, and offers real-time chat translation and localized knowledge base articles for customer support. The company's cloud software is trusted by many leading brands, indicating a strong market presence and potential for growth.

Source: Dealroom company data