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Smartcatrevenue & funding

Website Translation ToolsBoston, MassachusettsFounded 2016CEO Ivan Smolnikov

Smartcat is a cloud-based translation management platform that provides a comprehensive solution for the translation and localization needs of businesses.

smartcat.aiLinkedInUpdated Dec 19, 2024
Annual revenue
$44.8M
Oct 2024EST.
Total raised
$28.6M
4 rounds
Employees
321
Dec 2024
Customers
300

Smartcat revenue

Smartcat has not published its revenue. GetLatka estimates it at about $44.8M a year (October 2024).

$0
$20M
$40M
$24M
–
$29.1M
$44.8M
20172018–2220232024
ReportedEstimateOne figure per year; a reported figure wins over an estimate
All 3 revenue readings, with sources
As ofRevenueSource
Dec 2017$24M–
Dec 2023$29.1MEST.GetLatka estimate
Oct 2024$44.8MEST.GetLatka estimate

– source not recorded

Smartcat funding rounds & investors

Smartcat has raised $28.6M across four rounds since 2017. The latest was a $2.5M funding round in December 2020.

DateRoundRaised
Dec 2020Funding round$2.5M
Sep 2020Funding round$14.6M
Jun 2018Funding round$7M
Jan 2017Funding round$4.5M
Total raised$28.6M

Smartcat competitors

Smartcat competes most directly with Smartling and Lokalise.

CompanyRevenueFundingEmployeesCustomersFounded
Smartcat$44.8M$28.6M3213002016
Smartling$39.7M$63.1M2965002009
Lokalise$39M$56M2041.6K2017

Smartcat CEO, founders & employees

Ivan Smolnikov founded Smartcat in 2016 and runs it as CEO. Smartcat had 321 employees (December 2024, LinkedIn), up from 137 a year earlier.

Also at SmartcatJake Jolis

0
100
200
300
65
152
181
185
141
172
137
321
20172018201920202021202220232024
ReportedOne figure per year; a reported figure wins over an estimate
All 15 headcount readings, with sources
As ofEmployeesSource
Dec 2024321LinkedIn
Oct 2024137LinkedIn
Dec 2023137LinkedIn
Sep 2023136–
Jul 2023137–
2023130–
Dec 2022172LinkedIn
2022100–
Dec 2021141LinkedIn
Aug 2021100–
Dec 2020185–
Jun 2020177–
Dec 2019181–
Dec 2018152–
Dec 201765–

Smartcat FAQ

What is Smartcat's revenue?

GetLatka estimates Smartcat's revenue at about $44.8M a year (October 2024). The company hasn't published its own figure.

How much funding has Smartcat raised?

Smartcat has raised $28.6M across four funding rounds. The latest was a $2.5M funding round in December 2020.

How many employees does Smartcat have?

Smartcat had 321 employees in December 2024, according to LinkedIn.

Who is the CEO of Smartcat?

Ivan Smolnikov is the CEO of Smartcat and founded the company in 2016.

Who founded Smartcat?

Ivan Smolnikov founded Smartcat in 2016.

How this page is sourced

5 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.

Updated Dec 19, 2024Data disclaimerReport a correctionClaim this profileRun Smartcat? Join the podcast