Smartcat raised $43 million in a Series C funding round led by Left Lane Capital to accelerate its expansion in AI-based translation and multilingual content generation solutions.
Sep 10, 2024•11 months ago
Amount Raised
$43 Million
Round Type
series c
Investors
Left Lane Capital
Description
Smartcat has announced $43 million in Series C funding to support the growing demand for its AI-driven platform. This financing will help the company enhance its offerings and address the needs of global enterprises.
FundzWatch™ Score
65
Medium Activity
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech