Companies in Localization Tech
There are 1,075 companies in Localization Tech which include Rev, DeepL, Synthesia, Trados, Unbabel. 231 companies in Localization Tech are funded, with 117 having secured Series A funding. Till date, the sector has seen the creation of 2 Unicorns. United States has the most number of companies in Localization Tech (272), followed by India
(71), and then United Kingdom (67).
On average, the last 10 years have seen 47 new companies launched every year. Most number of Localization Tech startups have been founded by alumni from Stanford University, Carnegie Mellon University and Harvard University.
Here is a List of top companies in Localization Tech
1. Rev
Provider of transcription and captioning services using AI and human experts. The company delivers transcription from audio and video to text. It offers captioning in multiple languages, using both artificial intelligence and human professionals. The platform provides tools for editing transcripts, creating clips, and secure dictation.
Key facts about Rev
- Founded Year: 2010
- Location: San Francisco (United States)
- Stage: Series A
- Total Funding till date: $4.9M
- Investors: TriplePoint Capital, Bessemer Venture Partners and 3 Others
- Latest Funding Round: Series A, Nov 26, 2013, $*****
- Tracxn Score: 77/100 What is this?
- Competitors Rank: 1 of 111 Competitors
2. DeepL
AI, SaaS, and neural network-based machine translation tools. It allows users to enter their source text for translating the same. Its users can click on a term in the source text for suggestions from the dictionary and a term in the translated text brings up alternative translations that the user can select to insert the same. It has also developed an API that allows other computer programs to send texts to the servers and receive high-quality translations.
Key facts about DeepL
- Founded Year: 2017
- Location: Cologne (Germany)
- Stage: Series C
- Total Funding till date: $415M
- Investors: IVP, Index Ventures and 18 Others
- Latest Funding Round: Series C, May 22, 2024, $*****
- Tracxn Score: 75/100 What is this?
- Competitors Rank: 1 of 83 Competitors
3. Synthesia
AI-based dubbing and subtitling solutions provider. It provides dubbing and subtitling solutions for video content creators. Offers video content translating solutions in sync with the lip movements of an actor and a dialogue track in multiple languages.
Key facts about Synthesia
- Founded Year: 2017
- Location: London (United Kingdom)
- Stage: Series E
- Total Funding till date: $536M
- Investors: New Enterprise Associates, Kleiner Perkins and 34 Others
- Latest Funding Round: Series E, Oct 30, 2025, $*****
- Tracxn Score: 74/100 What is this?
- Competitors Rank: 3 of 1,480 Competitors
4. Trados
Developer of translation software for enterprises and LSPs. Its offering includes cloud-based translators, translation tools, translation business management tools, AI-powered translators, CAT tools, and localization tools. It also offers services such as training and technical supports.
Key facts about Trados
- Founded Year: 1995
- Location: Alexandria (United States)
- Stage: Acquired
- Total Funding till date: $12M
- Investors: Hg, Western Technology Investment and 4 Others
- Latest Funding Round: Grant (prize money), Dec 20, 2015, $*****
- Tracxn Score: 71/100 What is this?
- Competitors Rank: 1 of 26 Competitors
5. Unbabel
Unbabel is the provider of an AI based translation platform. Its features include AI and human powered translations, multilingual support, management of customer service language operations on a single platform, as well as integration with CRM and chat platforms. Its clients include Microsoft and Logitech. It works on a subscription plan.
Key facts about Unbabel
- Founded Year: 2013
- Location: Lisbon (Portugal)
- Stage: Acquired
- Total Funding till date: $106M
- Investors: Scale Venture Partners, Faber and 31 Others
- Latest Funding Round: Series C, Dec 18, 2023, $*****
- Tracxn Score: 69/100 What is this?
- Competitors Rank: 3 of 119 Competitors
