Lilt - About the company
Lilt is a series C company based in Palo Alto (United States), founded in 2015 by Spence Green. It operates as a Provider of cloud-based machine translation tools and services. Lilt has raised $164M in funding from investors like Redpoint Ventures, Sequoia Capital and Four Rivers Group. The company has 99 active competitors, including 20 funded and 9 that have exited. Its top competitors include companies like DeepL, Synthesia and Unbabel.
Company Details
Provider of cloud-based machine translation tools and services. It comes with features such as auto-suggest based on previously translated segments and an intelligent pre-translation feature with smart tag placement that does not require editing segments anymore. They also offer a real-time adaptive translation API that provides multiple suggestions, incremental domain adaptations, sub-segment matching, and word alignments.
- Website
- lilt.com
Key Metrics
Founded Year
2015
Location
Palo Alto, United States
Stage
Series C
Total Funding
$164M in 8 rounds
Latest Funding Round
Investors
Ranked
5th among 99 active competitors
Employee Count
781 as on Jun 30, 2026
Similar Companies
Legal entities associated with Lilt
Lilt is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Lilt, Inc. CIN: 47-3352617 , United States, Active | Mar 05, 2015 | - | 59 (As on Dec 31, 2020) | - |
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Lilt's funding and investors
Lilt has raised a total funding of $164M over 8 rounds. Its first funding round was on Mar 25, 2015. Lilt has 15 institutional investors.
Here is the list of recent funding rounds of Lilt:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 15, 2024 | 1953439 | Series C | 8574873 | 4185295 | 3315564 | 8808656 |
Apr 07, 2022 | 4286393 | Series C | 8802907 | 4155183 | 6184968 | |
May 12, 2020 | 6832053 | Series B | 4048799 | 6850714 |
View details of Lilt's funding rounds and investors
Lilt's founders and board of directors
Founder? Claim ProfileThe founders of Lilt is Spence Green. Spence Green is the CEO of Lilt.
Here are the details of Lilt's key team members:
- Spence Green: Co-Founder & CEO of Lilt. They serve on the board of 1 company.Contact Info: 1 email address
Lilt's Board of Directors
Lilt's board has 6 active members. Spence Green, Jonathan Feiber, Mark Rostick, WILLIAM COUGHRAN, Ashley Fontana and John DeNero are independent board members.Here is the list of Lilt's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 11y 1m | |
ddfsemm | Independent board member | - | Current | 5y 2m |
myfy{ty | Independent board member | - | Current | 5y 4m |
iypwzlg | Independent board member | - | Current | 9y 9m |
dkdjjwq | Independent board member | - | Current | 5y 9m |
tont{od | Independent board member | - | Current | 1y 5m |
View details of Lilt's Founder profiles and Board Members
Lilt's employee count trend
Lilt has 781 employees as of Jun 26. Here is Lilt's employee count trend over the years:
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Lilt's Competitors and alternates
Top competitors of Lilt include DeepL, Synthesia and Unbabel. Here is the list of Top 10 competitors of Lilt, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | AI, SaaS, and neural network-based machine translation tools | $415M | 75/100 | ||
2nd | Synthesia 2017, London (United Kingdom), Series E | Developer of software for generating videos using artificial intelligence avatars | $536M | 74/100 | |
3rd | Provider of an AI based translation platform | $106M | 69/100 | ||
4th | Reverie Language Technologies 2009, Bengaluru (India), Acquired | Provider of AI-powered language translation, localization, and voice technology solutions | $4.14M | 66/100 | |
5th | Lilt 2015, Palo Alto (United States), Series C | Provider of cloud-based machine translation tools and services | $164M | 63/100 | |
6th | Online language translation tool | - | - | 57/100 | |
7th | Intento 2013, Berkeley (United States), Series A | Provider of AI-driven language translation and localization platform for enterprises | $16.2M | 55/100 | |
8th | Cloud based multimedia translation and localization platform for enterprises | $5.42M | 53/100 | ||
9th | Provider of an AI-powered human translation platform for enterprises | $1.11M | 52/100 | ||
10th | SDL 1992, Maidenhead (United Kingdom), Acquired | Provider of language, content, and intellectual property lifecycle management solutions | - | 49/100 |
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Lilt's Investments and acquisitions
Lilt has made no investments or acquisitions yet.
Reports related to Lilt
Here is the latest report on Lilt's geography:
News related to Lilt
Media has covered Lilt for a total of 3 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
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LILT Launches Assist: An Autonomous Agent to Run Global Content ProgramsMarTech Series•Mar 27, 2026•Lilt
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LILT Announces Werner Koepf as Chief Product and Technology Officermultilingual.com•Mar 19, 2025•Lilt, Karat
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LILT Welcomes Stella Hall as Vice President of Marketing to Drive Growth and Amplify MissionMarTech Series•Dec 19, 2024•Lilt, Coursera
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LILT Receives Award to Address Intelligence and Foreign Language ChallengesPR Newswire•Dec 13, 2024•Lilt
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LILT Receives Award to Address Intelligence and Foreign Language ChallengesBenzinga•Dec 13, 2024•Lilt
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LILT Named to Inc.'s 2024 Best in Business List in Communications, Government ServicesPR Newswire•Dec 03, 2024•Lilt
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LILT Named to The Software Report's Prestigious Top 100 Software Companies of 2024PR Newswire•Nov 20, 2024•Lilt
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