San Francisco-based Intento, a pioneering player in the realm of machine translation and multilingual generative AI, is making waves in the tech sphere yet again. They have just successfully netted an impressive $8 million in Series A funding, led by Somersault Ventures, with additional participation from prominent backers like I2BF Global Ventures, Flint Capital, Scorpio Capital, Courtyard Ventures, and more.
Intento's vision is nothing short of transformative – to take global enterprises' language experience to a whole new level. How do they plan to achieve this? By seamlessly integrating generative AI directly into automatic translation workflows. This upgrade is anticipated to elevate translation quality by a staggering 90%, setting a new gold standard for multilingual content accuracy.
Founded in 2016 by Grigory Sapunov and Konstantin Savenkov, Intento empowers enterprise leaders with cutting-edge tools to provide their customers and teams with top-tier language experiences, spanning a vast spectrum of over 650 languages. Their Language Hub is ISO-27001 certified and seamlessly integrates with a host of existing software platforms, including Salesforce, ServiceNow, and Translation Management Systems, to facilitate knowledge sharing, model enhancement, and feedback-driven improvement.
Intento's Enterprise Language Hub is a game-changer, allowing global teams to optimize their translation costs by customizing machine translation models and automating source content improvement and post-editing. In a world that craves 24/7 accessibility, this hub makes it possible to have support articles, agents, and chatbots available in over 650 languages. Moreover, it propels global productivity, promotes language-inclusive digital workplaces, and offers a GenAI portal and multiple software integrations for the best prompts.
Their impressive clientele already includes more than 40 global organizations, from Agilent and Subway to Playrix and the Government of Canada.
Konstantin Savenkov, Intento's co-founder and CEO, shares his excitement for their remarkable journey: "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."
The investors, especially Somersault Ventures, share this excitement and appreciate the uniqueness of Intento's approach. Alex Turbanov, Partner at Somersault Ventures, sums it up beautifully: "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."
