Lokalise
United Kingdom
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.
2017
Founded
$1.6M
2020 Revenue
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YOY
$56M
Funding
Lokalise Revenue
In 2020, Lokalise revenue run rate hit $1.6M in revenue.
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2020
Lokalise hit $1.6M in revenue in 2020
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2017
Lokalise launched in 2017 with $0 revenue
Lokalise Funding History
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2021 Series B
Lokalise raised a Series B of in December, 2021
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2020 Series A
Lokalise raised a Series A of in August, 2020
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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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What's your age?
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Favorite online tool?
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Favorite book?
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Favorite CEO?
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Advice for 20 year old self
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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
Name | Position | Working Email | Personal Email |
---|---|---|---|
Nick Ustinov | CEO | [email protected] | - |
Gita Timofejeva | [email protected] | - | |
Janis Vavere | [email protected] | - | |
Mikus Krams | [email protected] | - | |
Fedya Levkin | [email protected] | - | |
Ilya Bodrov-Krukowski | [email protected] | - | |
Norbert Krasovickis | [email protected] | - | |
Paul Jakovlev | [email protected] | - | |
Petr Antropov | [email protected] | - | |
Alex Pereverzev | [email protected] | - | |
Alisa Zurmutai | VP Sales | [email protected] | - |
Petr Lokalise | [email protected] | - | |
Dmitry Olenovs | [email protected] | - | |
Alexander Pereverzev | [email protected] | - | |
Nick Ustinov | Chief Executive Officer | [email protected] | - |
Justina Barkauskaite | Enterprise Customer Success | [email protected] | - |
Christian Thaler-Wolski | [email protected] | - | |
Justina Stepanaite | [email protected] | - | |
Agnese Kalniņa | [email protected] | - | |
Irina Hliabovich | [email protected] | - | |
Santa Magica | [email protected] | - |
Frequently Asked Questions about Lokalise
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When was Lokalise founded?
Lokalise was founded in 2017.
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How much revenue does Lokalise generate?
Lokalise generates $1.6M in revenue.
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Who is the CEO of Lokalise
The CEO of Lokalise is Nick Ustinov.
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How much funding does Lokalise have?
Lokalise raised $56M.
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How many employees does Lokalise have?
Lokalise has 204 employees.
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Where is Lokalise headquarters?
Lokalise is headquartered at United Kingdom
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