Lokalise announced a 23% workforce reduction affecting 76 employees. The company attributed the decision to slower-than-expected growth and a more cautious spending environment.
SourcePublic company, workplace, funding, and market signals
Updated Aug 16, 2026
Lokalise is a private, distributed software company that provides a continuous localization and translation-management platform. It helps product, engineering, design, marketing, and content teams manage multilingual content through automated workflows, AI-assisted translation, human review, translation memory, integrations, APIs, and SDKs. The company reports more than 3,000 customers and 60+ integrations.
Primary product
Lokalise localization management platform, including Lokalise AI, translation workflows, localization APIs, SDKs, integrations, and over-the-air translation delivery.
Founded
2017
Headquarters
Dover, Delaware, United States: 3500 South DuPont Highway, Suite BZ-101, Dover, DE 19901
Team size
150-200
Work style
Remote
Industry
Software Development
Sub-industry
Translation and localization technology; translation-management software (TMS)
Business model
Stage
Series B / late-stage private company
Total raised
$117.6M
Latest round
Venture round · Feb 2023
Latest amount
$61.6M
Feb 2023
Dec 2021 · CRV
Sep 2020 · Mike Chalfen / Chalfen Ventures, with capital300 and angel investors
Sep 2018
May 2017
Leadership
Chief Executive Officer
Magnus Slind-Näslund
Chief Technology Officer
Co-founder; former CEO; Chief Innovation Officer / CEO-CTO listed in some current public profiles
Petr Antropov
Co-founder
Jorge Martins
Director of Engineering
Patrick Pletscher
VP, AI & Data
Sandra Bakker
Head of Global Partnerships
Dmitry Olenovs
Director of Customer Support
Maciej Besler
Director of Product Design
Magdalena Czerwień-Durkalec
General Counsel
Etgar Bonar
Chief Marketing Officer
Public company materials describe Lokalise as customer-centric, globally distributed, product- and engineering-oriented, and focused on reducing manual localization work. The company has operated remotely since 2019 and became fully remote in 2020. Public LinkedIn material indicates a globally distributed workforce representing many nationalities. Independent employer-review signals are mixed: approximately 3.4/5 overall, with work-life balance rated higher than culture and career development.
Work style
Remote
Compensation
Public job-market data reports indicative annual compensation of approximately USD 89,850 for an Associate Customer Success Manager and USD 112,062 for a Sales Engineer, plus a GBP 90,244 estimate for a Senior Marketing Manager. These are third-party or aggregated job-market signals, not an official company-wide compensation framework.
Benefits
Pricing
Tiered SaaS subscription with a free or trial entry point, paid plans reported at approximately USD 144/month and USD 499/month for selected plans, and custom enterprise pricing. Pricing varies by seats, projects, languages, usage, workflow features, and enterprise requirements.
Differentiators
Technology
Customers
Competitors
Estimated revenue
Approximately USD 5 million-10 million annually; one third-party company profile estimates USD 7.5 million. Lokalise is private and does not publicly disclose audited revenue.
Estimated monthly visits
429.9K
Traffic estimate as of Jun 2026
Lokalise announced a 23% workforce reduction affecting 76 employees. The company attributed the decision to slower-than-expected growth and a more cautious spending environment.
SourcePublic company-data estimates indicate employee count of approximately 156, down about 9% year over year. This is a third-party workforce estimate rather than a company announcement.
SourceA third-party company-data record reports a USD 61.6 million venture round in 2023, but a primary company announcement and detailed investor list were not located. The amount should therefore be treated as a database estimate.
SourceLokalise · Aug 2025
Lokalise reported that its AI translation system achieved more than 80% acceptance across major language pairs, with custom AI models exceeding 90% acceptance in some cases; the claims are based on company testing and customer-reported results.
Lokalise · Jul 2025
Lokalise announced a strategic partnership with Translated, combining Lokalise's localization workflow platform and integrations with Translated's network of more than 500,000 translators and broader audiovisual localization services.
MultiLingual · Feb 2025
A report based on data from more than 3,000 customers found that machine-assisted translation represented 70% of translations, AI translation adoption rose sharply in 2024, and human-only workflows declined.
Lokalise · Dec 2024
Lokalise launched on AWS Marketplace, enabling customers to procure the service through AWS accounts and credits and simplifying enterprise purchasing.
Lokalise / PR Newswire · Dec 2021
Lokalise announced a USD 50 million Series B led by CRV, with participation from Creandum, Dawn Capital, Chalfen Ventures, 3VC, S16VC, and angels. The financing was intended to support hiring, product development, and partnerships.
2 jobs at Lokalise