Lokalise revenue hit $1.6M in 2024

Lokalise generates revenue from 1600 customers

Lokalise

United Kingdom

About Company RevenueFundingTeamFounder/CEOCustomersCEO Net Worth

How Lokalise hit $1.6M revenue and 1.6K customers in 2020.

Lokalise is a fully-remote startup, founded by Nick Ustinov and Petr Antropov in 2017. The product is a cloud-based software that streamlines the translation and localization process and collaboration among developers, designers, translators, and project managers, also serving as a single source of truth for copy and translations. APIs, SDKs, and plug-and-play connectors automate data input from prototyping platforms to the live end-product. Lokalise has 1,500 customers from over 80 countries ranging from startups to Fortune500 companies.

Founded

2017

Founded

Revenue

$1.6M

2020 Revenue

YOY

-----

YOY

Funding

$56M

Funding

Lokalise Revenue

In 2020, Lokalise revenue run rate hit $1.6M in revenue.

  • 2020

    Lokalise hit $1.6M in revenue in 2020

  • 2017

    Lokalise launched in 2017 with $0 revenue

Lokalise Funding History

  • 2021 Series B

    Lokalise raised a Series B of in December, 2021

  • 2020 Series A

    Lokalise raised a Series A of in August, 2020

  • 2018 Seed Round

    Lokalise raised a Seed Round of in September, 2018

FUNDING DATE ROUND AMOUNT VALUATION
December, 14 2021 Series B
August, 07 2020 Series A
September, 20 2018 Seed Round

Team

Lokalise has 204 total employees and 33 sales reps that carry a quota. They have 1,600 customers an engineering team of 46 and a marketing team of 10.

DISTRIBUTION QTY
Total team size 204
Engineer 46 (23%)
Sales 33 (16%)
Marketing 10 (5%)

Founder / CEO

Nick Ustinov

Nick Ustinov is a first known IT startup guru in Latvia. He is considered as a startup market founder in Latvia, implemented first succesfull national-level cases in this area: Inbox.lv – first national email service in Latvia since 1998, that became the first large-scale IT startup exit in Latvian history, and Vide Infra Group – one of the first IT companies in Latvia, which has attracted a venture capital. Ustinov has also founded and led Double Coffee from 2001 to 2010 – an international restaurant chain, so called Eastern Europe Starbucks with more then 50 restaurants over 5 countries, that stood out in 2006 as the 23rd fastest-growing company in Europe.

Q&A

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Customers

Churn

Lokalise Executives

Name Position Working Email Personal Email
Nick Ustinov CEO [email protected] -
Nick Ustinov Chief Executive Officer [email protected] -

Lokalise Employees

Frequently Asked Questions about Lokalise

  • When was Lokalise founded?

    Lokalise was founded in 2017.

  • How much revenue does Lokalise generate?

    Lokalise generates $1.6M in revenue.

  • Who is the CEO of Lokalise

    The CEO of Lokalise is Nick Ustinov.

  • How much funding does Lokalise have?

    Lokalise raised $56M.

  • How many employees does Lokalise have?

    Lokalise has 204 employees.

  • Where is Lokalise headquarters?

    Lokalise is headquartered at United Kingdom

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