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.
Amount Raised
$43 Million
Round Type
Series C
WilmingtonSoftwareArtificial IntelligenceMachine LearningNatural Language ProcessingSaaSInvestors
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.
Quick answer
Smartcat raised $43 Million in a Series C round, dated September 10, 2024. Investors: Left Lane Capital. Smartcat is based in Wilmington, Delaware, United States.
- How much did Smartcat raise?
- Smartcat raised $43 Million in a Series C round on September 10, 2024.
- Who invested in Smartcat?
- Left Lane Capital is named as investors in this round.
- What does Smartcat do?
- Smartcat is the enterprise language AI platform.
- Where is Smartcat based and how big is it?
- Smartcat is based in Wilmington, Delaware, United States. Fundz records about 360 employees.
- Who are the decision-makers at Smartcat?
- Fundz holds 2 contacts at Smartcat. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Natural Language Processing and SaaS around the same time
Companies in the same sectors as Smartcat that raised within 45 days of this round, from Fundz verified event records.
- Alchemyst AI raised $300K (Pre-Seed) on October 16, 2024.
- Billables AI raised $3.9M (Seed) on October 2, 2024.
- OptimHire raised $5M on September 17, 2024.
- Connectly raised $20M (Series B) on September 11, 2024.
- Sedric AI raised $19M (Series A) on September 5, 2024.
- Steerlab raised $1.9M (Pre-Seed) on September 3, 2024.
Who to call at Smartcat, and when
A new round usually means Smartcat is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Smartcat raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Smartcat, from your own LinkedIn network
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Related People
Smartcat raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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