Lingopal.ai, a New York-based AI-powered speech-to-speech translation platform, has raised $14 million in Series A funding.
Investors
The oversubscribed round was led by DCM Ventures, with participation from Scrum Ventures, Marquee Ventures, and prominent angel investors across multiple industries.
DCM Ventures is a Silicon Valley-based global venture capital firm with offices in the U.S. and Asia and over $4.2 billion under management. The firm has invested in more than 400 early-stage technology companies globally and provides hands-on operational guidance and a global network of business and financial resources.
Lingopal.ai Use of Funds
The company plans to use the funds to expand globally, enhance its AI translation technology, invest in research and development, and accelerate its growth into new markets.
About Lingopal.ai
Founded in 2023 by Deven Orie and Casey Schneider, Lingopal.ai specializes in real-time speech-to-speech translation. The company provides plug-and-play solutions that enable businesses to translate live-stream audio into over 120 languages instantly while preserving the tone of each speaker. Lingopal.ai leverages six foundational AI models built in-house to translate any live stream. The platform is widely adopted across sports, news, media, and corporate sectors.
Funding Details
Company: Lingopal.ai
Raised: $14.0M
Round: Series A
Funding Date: February 2025
Lead Investor: DCM Ventures
Additional Investors: Scrum Ventures, Marquee Ventures
Company Website: https://lingopal.ai/
Software Category: AI Translation
Source: https://www.prnewswire.com/news-releases/lingopalai-raises-14m-in-series-a-funding-led-by-dcm-ventures-to-enhance-speech-to-speech-translation-302374320.html