Lokalise

SoftwareSeries BRiga, Latvialokalise.com

Latest round

Series B

Last raised

Dec 2021

Total raised

$56M

Investors

6

About Lokalise

Lokalise, Inc.Founded in 2016 in Riga, Latvia, Lokalise, Inc. specializes in localization services. The CEO is Sophie Krishnan, and the founder is Petr Antropov.Lokalise is a comprehensive localization platform designed to facilitate the translation and localization of mobile applications, websites, software, and games. Its core offerings include an AI-driven translation service that supports over 30 languages, an in-context editor for real-time editing, and a robust API that allows seamless integration with various development tools and workflows, such as Figma, GitHub, and Jira. The platform focuses on automating and streamlining localization processes to reduce manual tasks and enhance collaboration among teams, thereby accelerating the pace of international growth and improving customer experiences. Lokalise serves a diverse client base that includes over 3,000 global companies across multiple sectors, including technology, healthcare, and gaming.42 mn. The company generates revenue through a subscription-based model that offers various pricing plans tailored to its clients, which include individual teams and larger enterprises. They are targeting growth by launching new products aimed at enhancing their service offerings and expanding into additional geographic regions. Specific markets for expansion have not been disclosed, but the company continues to focus on strengthening its presence in existing key markets and tapping into new opportunities.

Who invested in Lokalise

6 investors across 2 rounds

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Funding rounds

  1. Series B

    Dec 14, 2021

    Amount

    $50M

    Investors

    Locked

  2. Series A

    Sep 6, 2020

    Amount

    $5.9M

    Investors

    Locked

Questions about Lokalise

Who invested in Lokalise?

Lokalise has 6 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Lokalise raised?

Lokalise has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Lokalise last raise money?

Lokalise's most recent round on record is a Series B, in Dec 2021.

What does Lokalise do?

Lokalise is a software company.

Where is Lokalise headquartered?

Lokalise is headquartered in Riga, Latvia.

Which VCs invest in companies like Lokalise?

Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Lokalise's stage. Their profiles are linked below.

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