Smartcat revenue hit $29.1M in 2024

Smartcat generates revenue from 300 customers

Smartcat

101 Main St. 17th Floor, Boston, Massachusetts, 94102, United States

About Company RevenueFundingTeamFounder/CEOCustomersCEO Net Worth

How Smartcat hit $29.1M revenue and 300 customers in 2023.

Smartcat is a cloud-based translation management platform that provides a comprehensive solution for the translation and localization needs of businesses. The platform offers a range of tools and features, including project management, translation memory, terminology management, and quality assurance, that enable businesses to streamline their translation process and improve the quality of their translations. Smartcat's solution is designed to facilitate collaboration between translators and clients, automate manual tasks, and optimize translation workflows, thereby reducing costs and increasing efficiency. The company's mission is to make translation and localization accessible, efficient, and transparent for all businesses, regardless of their size or industry.

Founded

2016

Founded

Revenue

$29.1M

2023 Revenue

YOY

3.52%

YOY

Funding

$28.9M

Funding

Smartcat Revenue

In 2023, Smartcat revenue run rate hit $29.1M in revenue.

  • 2023

    Smartcat hit $29.1M in revenue in 2023

  • 2017

    Smartcat hit $24M in revenue in 2017

  • 2016

    Smartcat launched in 2016 with $0 revenue

Smartcat Funding History

  • 2020

    Smartcat raised a of in December, 2020

  • 2020

    Smartcat raised a of in September, 2020

  • 2018

    Smartcat raised a of in June, 2018

  • 2017

    Smartcat raised a of in January, 2017

FUNDING DATE ROUND AMOUNT VALUATION
December, 07 2020
September, 23 2020
June, 13 2018
January, 20 2017

Team

Smartcat has 137 total employees and 17 sales reps that carry a quota. They have 300 customers an engineering team of 35 and a marketing team of 11.

DISTRIBUTION QTY
Total team size 137
Engineer 35 (26%)
Sales 17 (12%)
Marketing 11 (8%)

Founder / CEO

Ivan Smolnikov

I ve been creating and leading companies in the field of linguistic technologies and services for more than 15 years now. Since 2016 I ve been entirely focused on building Smartcat.ai the first and only market network for the language industry. Smartcat enables continuous translation delivery by combining a free-to-use collaborative workflow solution a marketplace and a network of translation professionals in a single platform.

Q&A

  • What's your age?

    36

  • Favorite online tool?

    16:30 Zoom

  • Favorite book?

    Good to Great

  • Favorite CEO?

    Not really

  • Advice for 20 year old self

    Be more focused and brave

Customers

Churn

Smartcat Executives

Name Position Working Email Personal Email
Ivan Smolnikov Chief Executive Officer, Founder [email protected] [email protected]

Smartcat Employees

Name Position Working Email Personal Email
Ivan Smolnikov Chief Executive Officer, Founder [email protected] [email protected]
Becky Pearse Lead Editor [email protected] -
Gaelle Lehouque Freelance translator - [email protected]
Hongmin Zhang Translator and Editor - [email protected]
Evgeniy Shponko Senior Product Manager - Market network - -
Scott Noll Chief Growth Officer [email protected] [email protected]
Richard Delanty General Manager APAC - [email protected]
Sergey Andreev Chief Operations Officer - -
Juliette Petcha Independent Translator - -
Alicia de Miguel Freelance Translator - -
Maria Dongu Senior Translator EN-IT - Translator DE-IT - -
Vova Zakharov Editor-in-chief [email protected] [email protected]
Bryan Montpetit Head of Product Marketing [email protected] [email protected]

Smartcat Board of Directors

Name Position Working Email Personal Email
Jake Jolis Board Member - [email protected]

Frequently Asked Questions about Smartcat

  • When was Smartcat founded?

    Smartcat was founded in 2016.

  • How much revenue does Smartcat generate?

    Smartcat generates $29.1M in revenue.

  • Who is the CEO of Smartcat

    The CEO of Smartcat is Ivan Smolnikov.

  • How much funding does Smartcat have?

    Smartcat raised $28.9M.

  • How many employees does Smartcat have?

    Smartcat has 137 employees.

  • Where is Smartcat headquarters?

    Smartcat is headquartered at 101 Main St. 17th Floor, Boston, Massachusetts, 94102, United States

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