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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.
Last updated
In 2024, Lokalise's revenue reached $39M. The company previously reported $1.6M in 2020. Since its launch in 2017, Lokalise has shown consistent revenue growth.
Lokalise has not publicly disclosed its valuation. The company has raised $56M in total funding to date.
Lokalise has raised $56M in total funding across 2 rounds, most recently a $50M Series B round in 2021.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2021 | Series B | $50M | - | - | |
| 2020 | Series A | $6M | - | - |
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Lokalise serves 1.6K customers.
Lokalise employs approximately 204 people as of 2026, including 33 sales reps that carry a quota. It serves 1.6K customers that rely on its solutions.
Lokalise generates an estimated $39M in annual revenue.
Lokalise was founded by Petr Antropov.
The CEO of Lokalise is Petr Antropov.
Lokalise raised $56M across 2 rounds.
Lokalise has 204 employees.
Lokalise is headquartered in United Kingdom.
Lokalise operates across multiple industries. Browse revenue, funding, and growth data for Lokalise in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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2024 Revenue
$39M(Est.)
Customers
1.6K
Funding
$56M
Avg ACV
$24.4K
Team
204
Founded
2017
| Year | Milestone | Source |
|---|---|---|
| 2024 | Lokalise Hit $39m revenue in June 2024 | Estimated |
| 2020 | Lokalise Hit $1.6m revenue in August 2020 | |
| 2017 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 204 employees (October 2024) | |
| 2021 | Reached 204 employees (December 2021) | |
| 2020 | Reached 71 employees (December 2020) | |
| 2020 | Reached 55 employees (August 2020) | |
| 2018 | Reached 52 employees (September 2018) |
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