XL8 - About the company
XL8 is a series A company based in San Jose (United States), founded in 2019 by Tim Young Hoon Jung. It operates as a Provider of AI-based deep neural network-based machine translation software. XL8 has raised $11.5M in funding from investors like Atinum Investment, Korean Venture Capital Association and KB Investment. The company has 63 active competitors, including 11 funded and 8 that have exited. Its top competitors include companies like DeepL, Reverie Language Technologies and Lilt.
Company Details
Provider of AI-based deep neural network-based machine translation software. It provides an API that can integrate with translation platforms and assist human translators. Its features include contextual translation of text and subtitle files, retention of terminology in colloquialisms, catchphrases, and subtitle generation. It caters to both individuals and enterprises.
- Website
- www.xl8.ai/
- Social
- Email ID
- *****@xl8.ai
- Phone Number
- +1 **********
- Registered Address
- San Jose,California
Key Metrics
Founded Year
2019
Location
San Jose, United States
Stage
Series A
Total Funding
$11.5M in 3 rounds
Latest Funding Round
Investors
Ranked
9th among 63 active competitors
Employee Count
28 as on Aug 31, 2026
Investment & Acquisitions
Legal entities associated with XL8
XL8 is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
XL8 INC. CIN: 843536417 , United States, Active | Dec 31, 1999 | $1M - $5M (As on May 18, 2023) | 4 (As on Dec 31, 2024) | - |
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XL8's funding and investors
XL8 has raised a total funding of $11.5M over 3 rounds. Its first funding round was on Apr 20, 2022. Its latest funding round was a Series A round on Sep 26, 2023 for $*****. 2 investors participated in its latest round. XL8 has 4 institutional investors.
Here is the list of recent funding rounds of XL8:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 26, 2023 | 5069699 | Series A | 9065805 | 5600629 | 5520846 | 3738287 |
Jul 18, 2022 | 6399743 | Seed | 8023892 | 9300407 | 5887400 | |
Apr 20, 2022 | 4881667 | Seed | 8670119 | 3716446 | 1537516 |
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XL8's founders and board of directors
Founder? Claim ProfileThe founders of XL8 is Tim Young Hoon Jung. Tim Young Hoon Jung is the CEO of XL8.
Here are the details of XL8's key team members:
- Tim Young Hoon Jung: Co-Founder & CEO of XL8. Contact Info: 1 email address
View details of XL8's Founder profiles and Board Members
XL8's employee count trend
XL8 has 28 employees as of Aug 26. Here is XL8's employee count trend over the years:
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XL8's Competitors and alternates
Top competitors of XL8 include DeepL, Reverie Language Technologies and Lilt. Here is the list of Top 10 competitors of XL8, 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 | Reverie Language Technologies 2009, Bengaluru (India), Acquired | Provider of AI-powered language translation, localization, and voice technology solutions | $4.14M | 72/100 | |
3rd | Lilt 2015, Palo Alto (United States), Series C | Provider of cloud-based machine translation tools and services | $164M | 64/100 | |
4th | Provider of an AI based translation platform | $106M | 57/100 | ||
5th | Online language translation tool | - | - | 57/100 | |
6th | Cloud based multimedia translation and localization platform for enterprises | $5.42M | 49/100 | ||
7th | Provider of an AI-powered human translation platform for enterprises | $1.11M | 48/100 | ||
8th | Provider of neural and statistics-based machine translation engines | - | 48/100 | ||
9th |  XL8 2019, San Jose (United States), Series A | Provider of AI-based deep neural network-based machine translation software | $11.5M | 48/100 | |
10th | Language I/O 2011, Cheyenne (United States), Series A | Translation automation of support content for customer support reps | $26.5M | 44/100 |
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XL8's Investments and acquisitions
XL8 has acquired American High-Tech Transcription & Reporting. XL8 has not made any investments as of now.Reports related to XL8
Here is the latest report on XL8's sector:
News related to XL8
Filter this list•
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XL8 Delivers Real-Time Ai-Powered Spanish Captions to U.S. Public BroadcastersTV Tech•Mar 28, 2025•XL8
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XL8 Integrates AI Sync & Translate APIs into OOONA’s Media Localization Management Platformmultilingual.com•Sep 11, 2024•XL8, Ooona
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XL8 Raises $7.5 Million in Series A Roundmultilingual.com•Sep 27, 2023•XL8, KB Investment, Atinum Investment
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XL8 attracts investment of 10 billion wonVenture Square•Sep 26, 2023•XL8, KB Investment, Atinum Investment
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XL8 to Feature Collaborative Localization Platform Empowered by Generative AImultilingual.com•Sep 12, 2023•XL8
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XL8 Joins Microsoft for Startups Founders Hub, Revolutionizing Language Translationmultilingual.com•Jun 28, 2023•XL8, Microsoft
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