United Kingdom
Taia Translations is a Ljubljana-based translation technology company founded in 2018 by Marko Hozjan and co-founder Mattia. The company operates a one-stop platform combining AI-powered machine translation with professional human translation services, serving businesses that need to localize documents, websites, software, and other content. Its platform includes a usage-based translation marketplace and a subscription SaaS product called Catapult, which allows customers to perform translations independently using machine translation while preserving document formatting. As of July 2021, Taia reported monthly revenue of approximately 100,000 euros, implying an annualized run rate of roughly 1,200,000 dollars, up from 25,000 dollars per month in August 2020. The company had grown its customer base from fewer than 1,000 in mid-2020 to 3,000 by mid-2021. Taia raised 1,200,000 euros in October 2020 at a 6,000,000 euro pre-money valuation, bringing total funding to 1,400,000 euros, and was preparing to raise approximately 3,000,000 euros in a new round targeting a close in Q1 2022. The company employs 30 full-time staff, including at least 12 engineers, and has funded its growth primarily through cold outreach sales. With a customer acquisition cost of roughly 150 dollars and a CAC payback period of three to four months, Taia was burning cash as of the interview date but held approximately 500,000 euros in the bank. Hozjan told Latka the company's 2021 revenue target was 1,500,000 euros.
- Revenue
- $3.4M
- Customers
- 3K
- Year founded
- 2017
- Funding
- $4.2M
- Team size
- 26
