Fundraising FoxLILT
San Francisco, US · Delaware corporation · 10 known investors
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LILT provides a multilingual AI platform that uses agentic AI models combined with expert human verification to translate and localize enterprise content such as product materials, technical documentation, and marketing campaigns. It serves large enterprises, government agencies (including the U.S. Department of Defense), and regulated industries like financial services and healthcare, with a focus on compliance, security, and data governance.
Founders & leadership
JD
John DeNeroFounderCo-founder and Chief Scientist at LILT, an AI-powered enterprise translation platform, and Computer Science Teaching Professor at UC Berkeley. He leads the company's research team, focusing on natural language processing and human-computer interaction to support professional translators.
SG
Spence GreenFounderSpence Green holds a PhD in Computer Science from Stanford AI Lab and has conducted research in machine translation, mixed-initiative systems, and syntax at Stanford, Google, Johns Hopkins University, and XSeed Capital. He is CEO of LILT, an AI platform for enterprise translation and localization.
Board
WC
William CoughranBoard director
MR
Investors · 10
California Innovation Fundlisted by California Innovation FundBerkeley
How we know: California Innovation Fund's portfolio page · Not right? Tell us
Clear Ventureslisted by Clear VenturesPalo Alto · $100K – $5M
How we know: Clear Ventures's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us
In-Q-Tellisted by In-Q-TelTysons · $100K – $2.5M
How we know: In-Q-Tel's portfolio page · Not right? Tell us
Intel Capitallisted by Intel CapitalSanta Clara · $1M – $20M
How we know: Intel Capital's portfolio page · Not right? Tell us
Redpoint Ventureslisted by Redpoint VenturesWoodside · $100K – $10M
How we know: redpoint.com · open dataset · 5k.vc investor directory · Not right? Tell us
Sequoia Capitallisted by Sequoia CapitalMenlo Park · $100K – $50M
How we know: sequoiacap.com · Not right? Tell us
Wipro Ventureslisted by Wipro VenturesBengaluru · $1M – $10M
How we know: Wipro Ventures's portfolio page · the VCSheet dataset · Not right? Tell us
Zetta Venture PartnersreportedSan Francisco · $1M – $5M
How we know: the VCSheet dataset · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$139.1M disclosed across 6 rounds · 2015–2024
▶$25MraisedJun 2025 · 9 investors · Other TechnologyRule 506(b)
▶$25MraisedJun 2025 · 9 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- William CoughranDirector
- John DeNeroDirector
- Mark RostickDirector
- Spence GreenExecutive Officer, Director
- Offering amount
- $25M
- Amount sold
- $25M
- First sale
- Dec 2019
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$55.5MraisedJun 2025 · 16 investors · Other TechnologyRule 506(b)
▶$55.5MraisedJun 2025 · 16 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Spence GreenExecutive Officer, Director
- Mark RostickDirector
- John DeNeroDirector
- William CoughranDirector
- Offering amount
- $55.5M
- Amount sold
- $55.5M
- First sale
- Dec 2021
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$45.4MraisedJun 2025 · 19 investors · Other TechnologyRule 506(b)
▶$45.4MraisedJun 2025 · 19 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Mark RostickDirector
- William CoughranDirector
- John DeNeroDirector
- Spence GreenExecutive Officer, Director
- Offering amount
- $45.4M
- Amount sold
- $45.4M
- First sale
- Nov 2024
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$9.5MraisedDec 2018 · 8 investors · Other TechnologyRule 506(b)
▶$9.5MraisedDec 2018 · 8 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- William CoughranDirector
- Spence GreenExecutive Officer, Director, Promoter
- Ashley FontanaDirector
- John DeNeroDirector, Promoter
- Offering amount
- $9.5M
- Amount sold
- $9.5M
- First sale
- Jun 2018
- Incorporated
- Corporation, Delaware, 2015
- Federal exemptions
- 06b
▶$3MraisedJul 2016 · 9 investors · Other TechnologyRule 506(b)
▶$3MraisedJul 2016 · 9 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Spence GreenExecutive Officer, Director, Promoter
- John DeNeroDirector, Promoter
- Jonathan FeiberDirector
- Offering amount
- $3M
- Amount sold
- $3M
- First sale
- Jul 2016
- Incorporated
- Corporation, Delaware, 2015
- Federal exemptions
- 06b
▶$650KraisedMay 2015 · 6 investors · Other TechnologyRule 506(b)
▶$650KraisedMay 2015 · 6 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Spence GreenExecutive Officer, Director
- John DeNeroExecutive Officer, Director
- Offering amount
- $650K
- Amount sold
- $650K
- First sale
- Mar 2015
- Incorporated
- Corporation, Delaware, 2015
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
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WeglotWeglot provides a website translation solution that makes sites compatible across all website technologies for multilingual audiences. It serves businesses looking to localize and translate their websites.
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TranslatedTranslated offers TranslationOS, an AI-driven platform for enterprise localization that combines automated translation with human review, providing real-time visibility into translation projects and integrating with business workflows.
SmartcatSmartcat provides AI-powered language translation and localization software that converts content across multiple formats (documents, videos, websites, software) into any language for global enterprises. The platform combines automated translation with an enterprise library, linguistic oversight, and vendor management to serve large corporations requiring multilingual content operations.
TransifexTransifex offers a translation management platform with AI-powered workflows for localizing software, websites, mobile apps, knowledge bases, and games. It serves localization managers and development teams with tools for automated task distribution, quality checks (Transifex Quality Index), glossaries, translation memory, and CI/CD integration.
TransperfectTransPerfect provides language services and translation solutions to global organizations across multiple industries. The company has operated for over three decades as a leader in language services and global business communication solutions.
DeepLDeepL builds a Language AI platform that provides translation, voice meeting transcription, and multilingual communication tools for enterprises. The platform enables businesses to eliminate language barriers across operations and accelerate global growth.
Companies working in the same space as LILT.
Non-dilutive funding · 4 SBIR/STTR awards
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| U.S. Air ForceAir Force | Phase II | 2022 | $1.3M |
| U.S. Air ForceAir Force | Phase II | 2021 | $750K |
| U.S. Air ForceAir Force | Phase II | 2020 | $3M |
| U.S. Air ForceAir Force | Phase I | 2019 | $50K |
Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.
Frequently asked questions
- What does LILT do?
- LILT provides a multilingual AI platform that uses agentic AI models combined with expert human verification to translate and localize enterprise content such as product materials, technical documentation, and marketing campaigns. It serves large enterprises, government agencies (including the U.S. Department of Defense), and regulated industries like financial services and healthcare, with a focus on compliance, security, and data governance.
- Who founded LILT?
- LILT was founded by John DeNero, Spence Green.
- Who are LILT's investors?
- LILT's investors include CAL Innovation, California Innovation Fund, Clear Ventures, In-Q-Tel, Intel Capital, Kube VC, Redpoint Ventures, Sequoia Capital and 2 more.
- How much funding has LILT raised?
- LILT has disclosed $139.1M raised across 6 rounds.
- Where is LILT headquartered?
- LILT is headquartered in San Francisco, US.