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Unbabel: AI-powered translation for customer support

Read out loud
11 Dec 2020# min read

Unbabel, based in Lisbon and San Fransisco, is a company active in the B2B space that enables modern enterprises to serve customers in their native languages with AI-powered, human translation support.

Unbabel provides modern enterprises with AI-powered, human translation support.

Marrying AI to linguistics

“My fascination with languages was ever-present. My mother is a professor of English linguistics so it has always been a big thing in our house and for me language is also the gateway to understanding how other people think,” says Vasco Pedro, CEO and co-founder of Unbabel, adding that he went on to study artificial intelligence with a minor in linguistics, bringing the two together first in his studies and then in this business venture.

Cashflow challenges

“Before, translating used to be restricted to websites and manuals. To provide customer service in local languages you needed to hire native speakers and that’s both expensive and inefficient. AI has changed all this. With Unbabel all you need is one agent that speaks one language and through Unbabel this person can provide service in 30 languages. Not only is it cheaper and faster, but it also allows you to provide your customers with expert support rather than primarily language skills.”

With Unbabel all you need is one agent that speaks one language. ”

- Vasco Pedro

Training and retraining

“We constantly train and re-train our AI systems with customer data, to make communication meaningful, so that a customer in China can write an email in Chinese, customer service receives it in English, replies in English, and the client gets the reply in Chinese - with all the jargon and technicalities accurately translated.”

Financing expansion

With a clientele that includes the likes of Microsoft, Expedia, Booking.com and Facebook, to name but a few, Unbabel is blazing a trail in machine translation. In 2019, the company received an investment from Indico capital, a venture capital firm supported by the EIF under the EU’s Investment Plan for Europe as they look to grow into the Asian market and develop the product further, moving beyond customer-service to addressing other business functions like sales, marketing or product.

About Unbabel

EIF financing

These are funding initiatives from our portfolio used to support this company

InnovFin EquityEFSIPortugal Tech

Financial intermediaries

EIF partners participating in this transaction to match our resources

Indico Capital

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