When was Flitto founded?

Flitto was founded in 2012 and raised its 1st funding round within a year of its incorporation.

Where is Flitto located?

Flitto is headquartered in Seoul, South Korea.

How many employees does Flitto have?

As of Jul 01, 2024, the latest employee count at Flitto is 179.

Is Flitto a funded company?

Flitto is a funded company, having raised a total of $12.8M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 2012.

When was the latest funding round of Flitto?

Flitto's latest funding was a $***** Series B round on Sep 19, 2017, with participation from 1 investor.

Where does Flitto rank among its competitors?

Flitto ranks 2nd amongst 57 active competitors, of which 9 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was ProZ.com, which secured $54.6K in Dec, 2023.

Who are the top competitors of Flitto?

Flitto's top competitors include Rev, Gengo and TranscribeMe. Among them, ProZ.com secured the most recent funding round in December, 2023.

Flitto - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of a crowdsourced translation platform for enterprises and individuals. The platform allows users to seek translation of texts, voice, or image-based content through their mobile devices in over multiple languages. It also provides the translation of celebrity news feeds, web-based comics, e-commerce deals, and QR codes. The crowdsourced team of translators is ranked on Its platform by an internal algorithm that uses the speed, quantity, and quality of translations as parameters. Top translators are provided points that can be redeemed either as PayPal money or donated to a charity. Users deal with their respective translators on a one-to-one basis.

Website: www.flitto.com/portal/en
Social

Key Metrics

Founded Year

2012

Location

Seoul, South Korea

Stage

Public

Total Funding

$12.8M in 4 rounds

Latest Funding Round

Series B, Sep 19, 2017, $*****

Investors

DSC Investment & 13 more

Ranked

2^nd among 57 active competitors

Employee Count

179 as on Jul 01, 2024

Similar Companies

Rev & 70 more

Exit Details

Public

View Flitto's full profile

Flitto got listed on Jul 17, 2019.

Click here to take a look at Flitto's IPO in detail

Flitto has raised a total funding of $12.8M over 4 rounds. Its first funding round was on Sep 2012. Its latest funding round was a Series B round on Sep 19, 2017 for $*****. 1 investor participated in its latest round. Flitto has 14 institutional investors.

Here is the list of recent funding rounds of Flitto:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 19, 2017	6444602	Series B	7903291	7325315	7242534	1785928
May 05, 2016	6278326	Series B	9818799	4359770	6563797	1858223
Feb 2014	2740801	Series A	7916121	6499502	1463774	4993015

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View details of Flitto's funding rounds and investors

The founders of Flitto are Dan Kang, Simon Lee and Jin Kim.

Here are the details of Flitto's key team members:

Dan Kang: Co-Founder of Flitto. They are also an angel investor in 1 startup.
Contact Info: 1 email address
Simon Lee: Co-Founder & CEO of Flitto.
Contact Info: 1 email address
Jin Kim: Co-Founder of Flitto.
Contact Info: 1 email address

View details of Flitto's Founder profiles and Board Members

Flitto's employee count trend

Flitto has 179 employees as of Jul 24. Here is Flitto's employee count trend over the years:

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Top competitors of Flitto include Rev, Gengo and TranscribeMe. Here is the list of Top 10 competitors of Flitto, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Rev 2010, San Francisco (United States), Series A	Provider of transcription and captioning services using AI and human experts	$4.9M	TriplePoint Capital, Bessemer Venture Partners ... & 3 others	77/100
2nd	Flitto 2012, Seoul (South Korea), Public	Provider of a crowdsourced translation platform for enterprises and individuals	$12.8M	Atinum Investment, Pearl Abyss Capital & 12 others	60/100
3rd	Gengo 2008, Shibuya (Japan), Acquired	Provider of human translation services using proprietary tools	$24.4M	Recruit Group, 500 Global & 18 others	58/100
4th	TranscribeMe 2011, San Francisco (United States), Series A	Audio search & transcription platform	$9.6M	Keiretsu Forum, Sierra Angels & 14 others	57/100
5th	lengoo 2012, Berlin (Germany), Series B	Provider of AI backed translation services for industries	$34M	Inkef, Redalpine & 22 others	56/100
6th	Acclaro 2002, Irvington (United States), Unfunded	Provider of human-enabled translation and localization services	-	-	54/100
7th	ProZ.com 1999, Syracuse (United States), Funding Raised	A membership-based community for freelance translators	-	Europa	53/100
8th	TextMaster 2011, Paris (France), Acquired	Provider of on-demand translation, copywriting, and proofreading services	$8.45M	Alven, Serena & 6 others	46/100
9th	Transfluent 2011, Sunnyvale (United States), Acquired	Provider of human-powered translation services	$3.86M	Inbox Capital, Innovestor Ventures & 5 others	44/100
10th	TRAVOD 2010, London (United Kingdom), Unfunded	Provider of an end to end localization service solution for enterprises	-	-	44/100