Singapore-based artificial intelligence (AI) translation platform Bluente has successfully raised a $1.5 million seed plus financing round led by Informed Ventures.
The firm said in a statement on last Thursday that with strong product-market fit established in the global legal market, the firm plans to accelerate growth.
The $1.5 million funding will fuel its geographic expansion as cross-border communication continues to accelerate.
Its expansion strategy targets three key regions: the Middle East, broader Asia Pacific (APAC) markets, and the United States.
“These regions have the highest concentration of international firms and users dealing with cross-border transactions,
“They’re also markets where our multilingual capabilities, especially in Arabic and Asian languages, provide the strongest competitive advantage,” said Daphne Tay, founder of Bluente.
While Bluente’s product is currently available globally, the funding will enable deeper market penetration in these key regions.
This seed plus round also positions Bluente for accelerated growth while maintaining its focus on precision and reliability that has attracted its current client base.
The partnership with Informed Ventures brings both capital and strategic expertise from investors who understand the market challenges Bluente addresses.
“Bluente is solving a massive pain point for global users and enterprises – the need for instant, cost efficient, ready-to-use translation without the manual formatting,
“We’re confident in their ability to capture and grow this under-served market and look forward to supporting their expansion into new sectors and geographies.” said Richard Lim, founder and Managing Director of Informed Ventures.
Bluente is a AI-powered platform used by global firms to deliver a one-click solution that maintains the exact formatting of the documents during translation to and from 120+ languages – converting texts, images, numbers and units with precision.
It is noted that the global document translation market is valued at over $40 billion and is expected to grow at a compound annual growth rate (CAGR) of 6.2 percent from 2024 to 2030.
With the increasing globalization of business and legal operations, the firm sees the demand for efficient, scalable, and accurate translation services is at an all-time high.
This is further corroborated by a latest research article published by Microsoft that translators are the role most likely to be disrupted by AI, underscoring the urgent need for the firm’s tools.
“Bluente is setting the standard for how global enterprises translate and manage documents,
“We knew we were on to something when we were getting a lot of interest from the legal community, with multiple people asking for immediate access or saying that they could have saved significant time and cost if they had our solution earlier,” said Tay.
According to her, this interest continued to spread to financial institutions, marketing teams, e-commerce platforms, learning and development teams.
Beyond solving today’s translation formatting problems, Bluente also sees a larger opportunity in developing advanced document processing infrastructure.
“Translation is just the beginning. But once you build technology that truly understands document structure, you unlock the ability to transform how global organizations process and collaborate on documents,
“Our goal is to make working across languages as seamless as working in your own,” Daphne explained.
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