What ModernMT does

ModernMT is a machine translation platform operated by Translated S.r.l., a private Italian language services company headquartered in Rome. The platform provides adaptive neural machine translation across 200+ languages for professional translators, localization teams, and developers. Its customer base is anchored in users of RWS Trados Studio and memoQ — the two dominant computer-assisted translation (CAT) tools — with additional reach through direct API access and enterprise agreements. ModernMT was founded in 2015 and is currently being sunset, with its technology and customers migrating to Lara, Translated's next-generation platform, by the end of 2026.

The core technology is Lara, a domain-specific Large Language Model built specifically for multilingual translation work. It supports text, document (60+ native formats), image (10+ file types), and audio (60+ languages via API) translation, with adaptive capabilities for translation memories, monodirectional and multidirectional glossaries, context, instructions, and style guides. SDKs are available across Node.js, Python, Go, Java, .NET, PHP, and Swift, with a CLI tool bundled with GitHub Actions integration and an MCP Server enabling integration with Claude Desktop, Cursor, ChatGPT, and any MCP-compatible host. CAT tool plugins are distributed natively through the RWS AppStore and memoQ plugin store, replacing the legacy ModernMT plugins.

Commercially, the business combines usage-based API pricing, subscription plans, and custom enterprise agreements. Distribution spans direct enterprise sales for custom plans, self-serve signup at laratranslate.com, and CAT-tool marketplace channels. A single funding round was recorded in 2016 with undisclosed investors and amounts. Leadership comprises CEO Marco Trombetti with VP Product Davide Caroselli and VP R&D Nicola Bertoldi. The product line is in active transition from ModernMT to Lara through end of 2026, with guided migration support and TM/glossary transfer provided to existing customers.

Name

ModernMT

Legal name

Translated S.r.l.

Website

https://modernmt.eu

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

ModernMT, operated by Translated S.r.l., provides domain-adaptive machine translation across 200+ languages for professional translators and enterprise localization teams via Trados and memoQ plugins, APIs, and workflow integrations. The legacy platform is being sunset in favor of Lara by end of 2026.

Ownership category

akta.pro rank

Product category

Machine Translation Software

NAICS

Software Publishers (5132), Translation and Interpretation Services (541930)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Programming Services (7371)

akta.pro primary industry

Machine Translation & Multilingual NLP (HDAAADAD)

akta.pro secondary industry

Localization Technology & Automation (TMS, Subtitle Tools, MT/AI, Speech-to-Text) (MPAHAFAH)

Keywords

• Machine translation
• Translation API
• CAT tool integration
• Multilingual localization
• Neural translation software

Headquarters

HQ city

Trento

HQ country

Italy

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales

Revenue model

1. API Usage: Usage-based pricing for API access, where customers pay based on translation volume through API calls. ModernMT API compatibility maintained until December 31, 2026, with new Lara API keys required after migration.
2. Subscription Plans: Lara subscription plus volume-based usage fees. ModernMT customers may keep previous ModernMT-style volume pricing or transition to Lara subscription model during migration.
3. Enterprise Plans: Custom enterprise agreements and team plans with personalized setup review and dedicated support. Team reviews current setup and presents dedicated Lara plan for specific usage requirements.
4. CAT Tool Plugin Access: Access to Trados Studio and memoQ native plugins bundled with subscription plans for professional translation workflows.

Go-to-market motion3 records

Distribution channels5 records

Marketing channels3 records

Core offering

ModernMT provides adaptive neural machine translation via a cloud API with native plugins for professional CAT tools such as Trados Studio and memoQ, covering 200+ languages. The company is transitioning customers from the legacy ModernMT platform to Lara Translate, a next-generation translation service built on a domain-specific LLM that adapts output using translation memories, glossaries, and terminology, and exposes translation capability to AI agents through the Lara MCP Server.

Product overview

ModernMT is a legacy machine translation platform currently being phased out and evolved into Lara Translate. The product portfolio consists of ModernMT (the original platform with basic text translation, Translation Memory adaptation, and API access) and its successor Lara Translate (a next-generation platform powered by a domain-specific LLM with expanded capabilities including document, image, and audio translation, plus improved CAT tool integrations). ModernMT sunset is scheduled for end of 2026, with full migration support provided to existing customers.

Differentiator

Problem solved

Functional benefit

Brands

• Lara: Lara is Translated's next-generation translation technology, powered by a domain-specific Large Language Model that delivers higher AI quality, document and media support, and integrations for multilingual work across text, documents, images, audio, and professional workflows.

Products and services

• Lara Translate

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

AI capability9 records

Feature13 records

Partnerships

Three partnerships are on record, tiered core.

• RWS (Trados Studio)coreTechnology or IntegrationRWS AppStore distributes the Lara Translate plugin for Trados Studio, enabling professional translators to access next-generation translation technology directly within their CAT tool environment. The partnership provides native plugin integration for ModernMT customers migrating to Lara.
• memoQcoreTechnology or IntegrationmemoQ plugin store distributes the Lara Translate plugin for memoQ users, enabling seamless migration from ModernMT with no impact on existing projects. The partnership provides native plugin integration for computer-assisted translation workflows.
• MCP-compatible AI Assistants (Claude, Cursor, ChatGPT)coreTechnology or IntegrationLara MCP Server enables integration with Claude Desktop, Cursor, ChatGPT, and any MCP-compatible host, allowing AI assistants to leverage Lara's translation capabilities within AI workflows.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• DeepL: DeepL is a leading neural machine translation provider offering high-quality MT via API and web interface. It is a direct competitor to ModernMT/Lara for both enterprise API customers and professional translators, with comparable language coverage and emphasis on translation quality.
• Unbabel: Unbabel combines AI translation with human post-editing for enterprise localization workflows, sold via API and platform. It competes directly with Lara for enterprise customers seeking scalable, quality-assured MT services integrated into localization pipelines.

Broad incumbents

• Microsoft Azure AI Translator: Microsoft Azure AI Translator provides neural MT as part of Azure's broader AI services portfolio. It competes with Lara for enterprise customers building multilingual applications on hyperscaler cloud infrastructure.
• Google Cloud Translation: Google Cloud Translation is a general-purpose MT API with broad language support and integration into the Google Cloud ecosystem. It is a broad incumbent alternative for developers and enterprises evaluating Lara's API offering.
• Amazon Translate: Amazon Translate is AWS's neural MT service, targeting developers and enterprises building multilingual applications on AWS. It is a broad incumbent alternative for cloud-native customers comparing Lara against hyperscaler offerings.

Emerging players

• Smartling: Smartling is a translation management system and localization platform that incorporates MT capabilities. It overlaps with Lara as a workflow tool for enterprise localization teams integrating translation into broader content management processes.
• Lokalise: Lokalise is a localization and translation management platform with MT provider integration. It is an emerging player in the same workflow ecosystem as Lara, serving developer and product teams managing multilingual content.
• Language I/O: Language I/O provides AI-powered translation technology focused on CRM and customer support localization. It is an emerging player with partial overlap to Lara's enterprise MT offering, particularly for companies integrating translation into business workflows.

Others

• RWS (Trados): RWS is the parent of Trados Studio and operates its own MT and language services portfolio. It is a partner-distribution channel for Lara but also a broad ecosystem participant whose own MT strategy could become competitive.
• Translated S.r.l. Translated is the parent company and a global language service provider offering professional translation services. It is the strategic owner and primary customer pipeline for ModernMT/Lara, and the LSP whose enterprise relationships drive Lara's enterprise GTM.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/modernmt

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ModernMT