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Intento Secures $8M In Series A Funding To Accelerate Growth And Enhance Multilingual Genai Capabilities

PRIVATEOct 11, 2023

Amount Raised

$8 Million

Round Type

Series A

BerkeleyInformation TechnologySoftwareinformation technology & services

Investors

Scorpio CapitalFlint CapitalDavidovs Venture CapitalI2 Bf Global VenturesCourtyard VenturesSomersault Ventures

Description

Intento, a leading machine translation and multilingual generative AI platform for global enterprises, announced an $8 million Series A funding round today. Led by Somersault Ventures, with additional participation from I2BF Global Ventures, Flint Capital, Scorpio Capital, Courtyard Ventures, Davidovs Venture Capital, and existing investors, the funding will be used to scale company operations amid significant growth, expand sales and marketing efforts, and introduce a new version of the Intento platform.

Quick answer

Intento raised $8 Million in a Series A round, dated October 11, 2023. Investors: Scorpio Capital, Flint Capital, Davidovs Venture Capital, I2 Bf Global Ventures, Courtyard Ventures and Somersault Ventures. Intento is based in Berkeley, California, United States.

How much did Intento raise?
Intento raised $8 Million in a Series A round on October 11, 2023.
Who invested in Intento?
Scorpio Capital, Flint Capital, Davidovs Venture Capital, I2 Bf Global Ventures, Courtyard Ventures and Somersault Ventures are named as investors in this round.
What does Intento do?
Intento builds AI agents for enterprise localization using machine translation and multilingual generative AI.
Where is Intento based and how big is it?
Intento is based in Berkeley, California, United States. Fundz records about 75 employees.
Who are the decision-makers at Intento?
Fundz holds 2 contacts at Intento, including the Chief Executive Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in information technology & services and Software around the same time

Companies in the same sectors as Intento that raised within 45 days of this round, from Fundz verified event records.

  • Keychain raised $18M (Funding Round) on November 14, 2023.
  • Divergent raised $230M (Series D) on November 13, 2023.
  • Databricks raised an undisclosed amount (Series G+) on November 10, 2023.
  • ROLLER raised $50M (Funding Round) on November 9, 2023.
  • Databricks raised $1.6B on November 3, 2023.
  • Cranium Al raised $25M (Series A) on October 26, 2023.

Who to call at Intento, and when

A new round usually means Intento is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Intento

Location

2261 Market Street

Berkeley, California, United States

About

Intento builds AI agents for enterprise localization using machine translation and multilingual generative AI. Its Enterprise Language Hub enables companies like Procore and Subway to deliver consistent, authentic language experiences across all markets and audiences. It combines machine translation and generative AI models into multi-agent AI workflows, customizing them to client data and integrating them into customers’ existing software systems for localization, marketing, customer support, and other business functions.

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Related People

2 contacts
Verified contactsKonstantin S., Chief Executive Officer hidden hiddenSee plans and pricing
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Intento raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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