Translated closed USD 30 million round led by Ardian

Paris / San Fran­cisco / Rome — Ardian, one of the world’s leading inde­pen­dent invest­ment firms, has made a $25 million invest­ment in Trans­la­ted through its Ardian Growth Fund. An Italian and US-based pioneer in the use of arti­fi­cial intel­li­gence to support profes­sio­nal trans­la­tors. This puts Ardian at the top of a $30 million invest­ment round.

Trans­la­ted offers an end-to-end trans­la­tion plat­form. This plat­form combi­nes the renow­ned adap­tive neural machine trans­la­tion soft­ware “ModernMT” deve­lo­ped by Trans­la­ted with a network of 200,000 selec­ted trans­la­tors. The company has been able to record constant annual orga­nic growth of 30 percent in each of the last few years. Thanks to this symbio­sis of man and machine, Translated’s offe­rings have constantly impro­ved. As a result, Trans­la­ted today meets the needs of global tech plat­forms like Airbnb, Google, and Uber, as well as small and medium-sized businesses.

Ardian Growth’s team, which can build on many years of expe­ri­ence in scaling compa­nies, has teamed up with Translated’s two foun­ders, Isabelle Andrieu and Marco Trom­betti, to support them in their AI and trans­la­tion ambi­ti­ons. Ardian’s invest­ment will enable Trans­la­ted to acce­le­rate its growth and drive the adop­tion of its AI-powered plat­form in Europe and the US.

Marco Trom­betti, co-foun­­der and CEO of Trans­la­ted, says: “One of humanity’s grea­test chal­lenges is for every indi­vi­dual to under­stand — and be unders­tood. We urgen­tly want to solve this problem — because the better people under­stand each other, the easier it will be for huma­nity to over­come any other major chall­enge. We chose to part­ner with Ardian because the team values diver­sity as much as we do and can help us acce­le­rate the imple­men­ta­tion of our plans. Moreo­ver, Ardian has the self-aware­­ness and the means to support us in the long term.”

Isabelle Andrieu, co-foun­­der of Trans­la­ted, adds, “I am over­joyed that we have reached this mile­stone. It’s thanks to our deter­mi­na­tion, our hard work and our wonderful team who have fully commit­ted to the company and rely on us. We are full of enthu­si­asm and look forward to conti­nuing this incre­di­ble journey.”

Laurent Foata, Mana­ging Direc­tor and Head of Ardian Growth, said, “Trans­la­ted was foun­ded by visio­nary entre­pre­neurs Marco and Isabelle, self-funded, and alre­ady gene­ra­tes more than 50 percent of its reve­nue in the U.S. market. Such unique entre­pre­neu­rial stories fit Ardian Growth’s invest­ment philo­so­phy and our commit­ment to the soft­ware industry.”

Bert­rand Scha­piro, Direc­tor on the Ardian Growth team, adds, “By pionee­ring AI deve­lo­p­ment and adap­ting it to the needs of trans­la­tors, Trans­la­ted has tapped into a market previously domi­na­ted by only a few estab­lished play­ers. We are plea­sed to support a company that has mana­ged to keep pushing inno­va­tion in the field of AI without losing sight of its ulti­mate goal.”

About TRANSLATED

Trans­la­ted has been provi­ding human trans­la­tion services in 194 languages and for 40 special­ties for 20 years. The company uses a powerful combi­na­tion of human crea­ti­vity and machine intel­li­gence to produce high-quality trans­la­ti­ons in the shor­test possi­ble time. www.translated.com

About ARDIAN

Ardian is one of the world’s leading inde­pen­dent invest­ment firms, mana­ging over US$112 billion in assets for its inves­tors from Europe, South and North America and Asia. The company is majo­rity-owned by its employees and gene­ra­tes sustainable, attrac­tive returns for its investors.

With the objec­tive of achie­ving posi­tive results for all stake­hol­ders, Ardian’s acti­vi­ties promote indi­vi­du­als, compa­nies and econo­mies world­wide. Ardian’s invest­ment philo­so­phy is aligned with the three guiding prin­ci­ples of excel­lence, loyalty and entrepreneurship.

The company has a global network of more than 700 employees and 15 offices in Europe (Frank­furt, Jersey, London, Luxem­bourg, Madrid, Milan, Paris and Zurich), South America (Sant­iago de Chile), North America (New York and San Fran­cisco) and Asia (Beijing, Seoul, Singa­pore and Tokyo). Ardian mana­ges the assets of its more than 1,100 inves­tors in five invest­ment areas: Direct Funds, Funds of Funds, Infra­struc­ture, Private Debt and Real Estate. www.ardian.com