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Apr 29, 2017 6:19 PM ET

Archived: Transfluent: Growing 8% per month for the past 30 months and reached EBITDA profitability in 2016!

iCrowdNewswire - Apr 29, 2017

Transfluent

Main

Transfluent has been growing 8% per month for the past 30 months and reached EBITDA profitability in 2016! We have changed the way businesses handle their translation needs. Biggest companies from Finland and around the world are already customers.

Transfluent was founded in 2011 to deliver language translations to businesses and brands that need high quality as fast as humanly possible. Originally targeted for translating social media messages, Transfluent has been transformed into a cutting-edge translation agency that translates all types of content businesses need translated very efficiently and in high quality. We compete head to head with the large traditional translation companies.

For the past two years, Transfluent’s product revenue has been growing an average 8% month-to-month (2.5x annual increase) and the growth rate has recently been increasing. For the first three months of 2017 Transfluent’s product sales revenue has been growing 3x compared to the same month in 2016.

In 2016 we had 473 paying customers and some of our biggest customers in Finland are Barona Group, Dodreams, Elisa, Fonecta, Ivalo, Kämp Collection Hotels, Sumoing, Tieto, Visma and Yousician. Globally, our clients include some of the world’s most well-known companies, such as Cap Gemini, Pfizer and Pinterest.

Transfluent has changed the way businesses use translation services. Using translation services has traditionally been something everyone avoids, as the user experience has been quite tedious to say the least. In bigger companies, there has usually been translation department, where a dedicated team of people handles the requests and passes them on to translation companies. This is of course terribly inefficient.

We have turned the situation around – ordering translations through Transfluent is so fast and easy, translations become a natural part of everyday business. In large companies, Transfluent eliminates the need for translation department. Each employee can place orders directly. Orders are handled quickly, adhering to the budget rules and style guides agreed with the client beforehand.

This results in significant cost savings, not to mention speed advantage which, at the best case, can boost time-to-market by many weeks.

To support our growth we are opening a funding round on Invesdor in the near future. Please stay tuned and like the pitch to get a notification once we go live!

Equity offering

Company nameTransfluent Oy
Start dateTo be announced
End dateTo be announced
LocationHelsinki, Finland
Field of businessTechnology
Development stageGrowth
Reference number823
Contact person at InvesdorJoel Kettunen
www.transfluent.com

 

This funding round is not yet active, but it will open soon. The final pitch will contain more information than the preview. All information is subject to change, so do not base your investment decision on the preview version. Hit the like button on the right to be notified when the pitch goes live.

Contact Information:

Transfluent Oy

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