San Francisco-based Intento, a machine translation and multilingual generative AI platform for global enterprises, has netted $8 million in Series A funding. The round was led by Somersault Ventures, with additional participation from I2BF Global Ventures, Flint Capital known for investing in Nokod Security and Oneday, Scorpio Capital, Courtyard Ventures, Davidovs Venture Capital, and existing investors.
Intento plans to use the funds to scale company operations amid significant growth, expand sales and marketing efforts, and introduce a new version of its platform. This new version of its platform will integrate generative AI natively into existing automatic translation workflows. This enhancement is expected to deliver up to a 90% improvement in translation quality, making it a game-changer in multilingual content accuracy.
Gen AI to improve translation
Founded in 2016 by Grigory Sapunov and Konstantin Savenkov, Intento provides enterprise leaders with tools to offer the best language experience to their customers and teammates using advanced machine translation and multilingual generative AI technologies, in over 650 languages.
Its Language Hub is ISO-27001 certified and integrates with existing software platforms, such as Salesforce, ServiceNow, and Translation Management Systems, to share MT/AI models across the enterprise and improve them based on feedback.
Intento’s Enterprise Language Hub allows these global teams spend 20x less on translation by customising machine translation models and automating source content improvement and post-editing and make their best support articles, agents, and chatbots available 24/7 in over 650 languages. It also boosts global productivity through language-inclusive digital workplaces and enables users to re-use and share the best prompts using the new GenAI portal and multiple software integrations.
The company already serves over 40 global organisations, such as Agilent, Subway, Procore, Playrix, and the Government of Canada.
“For the past five years, we’ve built our Enterprise Language Hub into a top choice for over 40 major enterprises. They rely on Intento for real-time translation of critical content, a feat made possible by our integration with over 40 Machine Translation platforms and early adoption of large language models like BERT and GPT. Our performance has surged with advancements in large language models in early 2023,” said Konstantin Savenkov, Intento’s co-founder and CEO.
“Translation services and technologies is a crowded space for investors, and at Somersault Ventures, we love how the Intento team is building a truly unique product with a forward-looking approach to address what large enterprises need, giving them full control and easy deployment of machine translation and unparalleled ROI. We are also excited to see great synergies of the Intento platform with LLMs both in translation workflows and providing similar orchestration solutions for many other emerging applications,” said Alex Turbanov, Partner at Somersault Ventures.
