PARIS/SAN FRANCISCO/ROME, June 30th, 2021
Translated, an Italy and US-based company that pioneered the use of artificial intelligence to support professional translators, announces that the world-leading private investment house Ardian has invested $25 million via its Ardian Growth fund, leading a $30 million investment round.
Translated is an end-to-end translation platform that combines its renowned proprietary adaptive neural machine translation software ModernMT with its network of 200,000 engaged linguists. Over the last many years, the company has experienced a consistent 30% organic growth rate year-on-year. Thanks to this human-machine symbiosis, Translated offerings have been constantly improving. Today Translated is able to serve global tech platforms including Airbnb, Google and Uber as well as small and medium-sized businesses.
Leveraging its track-record in scaling-up companies, the Ardian Growth team has joined the founders Isabelle Andrieu and Marco Trombetti to support their ambition in AI and in the Translation world. Through this investment, Ardian will help Translated grow even faster and scale the adoption of its AI-powered platform in Europe and in the US.