When was Bering Lab founded?

Bering Lab was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Where is Bering Lab located?

Bering Lab is headquartered in Chicago, United States.

How many employees does Bering Lab have?

As of Sep 30, 2026, the latest employee count at Bering Lab is 49.

Is Bering Lab a funded company?

Bering Lab is a funded company, having raised a total of $2.18M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Apr 06, 2021.

When was the latest funding round of Bering Lab?

Bering Lab's latest funding was a $***** Seed round on Aug 07, 2024, with participation from 2 investors.

Where does Bering Lab rank among its competitors?

Bering Lab ranks 6th amongst 84 active competitors, of which 10 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Bering Lab, which secured $2.18M in Aug, 2024.

Who are the top competitors of Bering Lab?

Bering Lab's top competitors include Smartling, Transifex and Trint. Among them, Bering Lab secured the most recent funding round in August, 2024.

Bering Lab - 2026 Company Profile, Funding & Competitors

Bering Lab is a seed company based in Chicago (United States), founded in 2019. It operates as a Provider of legal document translation services. Bering Lab has raised $2.18M in funding from NAVER D2 Startup Factory and SBVA. The company has 84 active competitors, including 10 funded and 7 that have exited. Its top competitors include companies like Smartling, Transifex and Trint.

Company Details

Website: beringlab.com
Email ID: *****@beringlab.com
Phone Number: +82 **********

Key Metrics

Founded Year

2019

Location

Chicago, United States

Stage

Seed

Total Funding

$2.18M in 2 rounds

Latest Funding Round

Seed, Aug 07, 2024, $*****

Investors

NAVER D2 Startup Factory & 3 more

Ranked

6^th among 84 active competitors

Employee Count

49 as on Sep 30, 2026

Similar Companies

Smartling & 109 more

View Bering Lab's full profile

Bering Lab has raised a total funding of $2.18M over 2 rounds. Its first funding round was on Apr 06, 2021. Its latest funding round was a Seed round on Aug 07, 2024 for $*****. 2 investors participated in its latest round. Bering Lab has 4 institutional investors.

Here is the list of recent funding rounds of Bering Lab:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 07, 2024	3306662	Seed	6691908	8769326	3867543	5172974
Apr 06, 2021	7270489	Seed	5241437	4592219	NAVER D2 Startup Factory	STH

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Bering Lab's employee count trend

Bering Lab has 49 employees as of Sep 26. Here is Bering Lab's employee count trend over the years:

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Top competitors of Bering Lab include Smartling, Transifex and Trint. Here is the list of Top 10 competitors of Bering Lab, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Smartling 2009, New York City (United States), Acquired	Provider of translation/localization solutions and services	$223M	Tenaya Capital, Chiratae Ventures & 12 others	69/100
2nd	Transifex 2009, Menlo Park (United States), Acquired	AI-powered localization platform simplifying translation for global growth	$6.7M	Toba Capital, New Enterprise Associates & 13 others	53/100
3rd	Trint 2014, London (United Kingdom), Series A	Automated transcription to help various industries	$27.2M	Horizons Ventures, The New York Times Company ... & 32 others	49/100
4th	EasyTranslate 2010, Copenhagen (Denmark), Seed	Provider of language translation, interpretation, and localisation services	$2.99M	EIC Fund, Pride Capital Partners & 1 others	48/100
5th	Consoltec 2002, Montreal (Canada), Acquired	TMS for enterprises and language service providers	-	-	48/100
6th	Bering Lab 2019, Chicago (United States), Seed	Provider of legal document translation services	$2.18M	SBVA, The MBA Fund & 2 others	47/100
7th	memoQ 2004, Gyula (Hungary), Seed	Provider of a cloud-based translation management system	-	memoQ RFP	47/100
8th	Cloudwords 2010, San Francisco (United States), Series A	Provider of translation platform and marketplace	$3M	Storm Ventures, Advisors.Fund & 5 others	44/100
9th	Crowdin 2009, Ternopil (Ukraine), Unfunded	Provider of a localization management platform	-	-	46/100
10th	Pairaphrase 2014, Birmingham (United States), Seed	Pairaphrase is secure, document-first AI Translation Management Software that helps organizations translate, manage, review, and generate multilingual content through AI-assisted workflows. It combines Translation Management, Machine Translation, Translation Memory, terminology management, secure collaboration, and enterprise-grade security while supporting 160+ languages, 27,000+ language pairs, and 30+ file formats	$20K	Conquer Accelerator, Red Cedar Ventures	46/100