# Babel

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/babel

- Industry: Marketing/Advertising
- Headquarters: Tokyo, Japan
- Website: www.babel.jp
- Total disclosed funding: $12M
- Latest round: Series B (Apr 27, 2022)
- Investors on record: 10

## About

Babel, inc. is a Tokyo-based company specializing in advanced language processing solutions, offering AI-driven translation tools for various industries to enhance global communication.Babel, inc. develops language processing technologies that facilitate multilingual communication. Founded by Tamiki Sugiyama, the company is headquartered in Tokyo, Japan. On April 27, 2022, Babel raised JPY 1.13 billion in Series B funding from POLA ORBIS HOLDINGS INC., SPARX Asset Trust & Management and individual investors, contributing to a total of JPY 1.13 billion raised. The company currently holds a valuation of JPY 4,857.803 million.Babel specializes in advanced language processing solutions that cater to a diverse range of industries, including technology, education, and customer service. Their core offerings include a suite of AI-driven translation tools designed to enhance communication across language barriers, facilitating seamless interactions for businesses operating in global markets. Released in various iterations over the past few years, these products aim to address the growing demand for efficient and accurate multilingual communication, particularly among enterprises seeking to expand their reach. Babel serves a broad customer base, including multinational corporations, educational institutions, and government agencies, primarily across North America, Europe, and parts of Asia. The end users benefit from improved clarity and efficiency in communication, which is essential for collaboration in an increasingly interconnected world.Babel generates revenue through a subscription-based model where clients pay for access to its range of language processing solutions. Transactions typically involve contracts with businesses that require ongoing translation and localization services, allowing for scalable usage depending on client needs. The pricing structure is aligned with service tiers that accommodate varying levels of functionality and user access, ensuring that organizations can select plans that best meet their operational requirements. Notably, Babel's flagship products are tailored for enterprises engaged in direct-to-consumer interactions, enhancing their customer service capabilities through real-time translation features. This approach not only fosters client retention but also drives a steady revenue stream as businesses increasingly integrate Babel's solutions into their workflows.Following the successful Series B fundraising in April 2022, Babel, inc. plans to utilize the JPY 1.13 billion raised to support product development, bolster marketing efforts, and recruit additional AI engineers. The company is focused on expanding its product line with new language processing tools aimed for launch within the next year. Furthermore, Babel aims to penetrate new markets in Southeast Asia and Europe by 2023, enhancing its global footprint and catering to a broader client base.

## Funding rounds

- Series B, Apr 27, 2022, $8.7M — POLA ORBIS HOLDINGS INC., SPARX Group
- Series A, Mar 12, 2019, $3M — AG Capital, Mitsubishi UFJ Capital, CyberAgent Capital, Mizuho Capital, Genesia Ventures, Canal Ventures, Deepcore
- Seed, Feb 1, 2018, $0.6M — East Ventures, Genesia Ventures

## Investors

- East Ventures (https://capitalatlas.ai/funds/east-ventures) — Seed
- Genesia Ventures (https://capitalatlas.ai/funds/genesia-ventures) — Seed, Series A
- AG Capital — Series A
- Mitsubishi UFJ Capital (https://capitalatlas.ai/funds/mitsubishi-ufj-capital) — Series A
- CyberAgent Capital (https://capitalatlas.ai/funds/cyberagent-capital) — Series A
- Mizuho Capital (https://capitalatlas.ai/funds/mizuho-capital) — Series A
- Canal Ventures (https://capitalatlas.ai/funds/canal-ventures) — Series A
- Deepcore (https://capitalatlas.ai/funds/deepcore) — Series A
- POLA ORBIS HOLDINGS INC. — Series B
- SPARX Group (https://capitalatlas.ai/funds/sparx-group) — Series B