Smartcat Secures $43 Million In Series C Funding Led By Left Lane Capital

Smartcat, an AI-powered translation platform founded in 2016 by Ivan Smolnikov, recently secured $43 million in Series C funding led by Left Lane Capital. This round boosts the company’s total funding to $70 million. Smartcat offers a comprehensive suite of tools and services for translating content into approximately 280 languages, combining AI translation with human review for enhanced accuracy. The new funding will support team expansion, product development, and marketing efforts. With over 1,000 corporate customers, including 20% of the Fortune 500, Smartcat aims to continue its growth in the competitive AI translation market. INVESTOR: Left Lane Capital ROUND: Series C AMOUNT: $43,000,000 HQ: #Cambridge #Massachusetts #VentureCapital #Smartcat #LeftLaneCapital #IvanSmolnikov #TradedVC