Marketplace, Machine Translation, API, Crowd-sourcing

Straker is a global provider of 24/7, high quality and efficient, cloud-enabled translation services, offering translation services in over 80 source languages into more than 100 target languages. 

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Straker provides translation services to customers ranging from SMBs (small- medium-businesses) through to large enterprises. It has more than 10,000 customers in over 20 countries, and generates more than 80% of its revenue outside of Australia and New Zealand. The business has a very strong repeat customer base.

Straker’s proprietary technology platform has been iteratively developed over 5 years based on actual customer usage with a translation software memory database based on accurate and previously humanly translated text pairs. Straker’s technology centralises, simplifies and accelerates the translation process, resulting in cost efficiency.

The business operates in the estimated US$37B global translation industry, which is forecast to reach more than US$47B in 3 years. Growth in this industry is underpinned by increased content published online, increasing international expansion of businesses of all origins, and the growing middle class in emerging markets.

Straker is headquartered in Auckland, New Zealand, with 50 global FTEs, sales offices in the US & Canada, Australia, Singapore, the UK, Ireland and Germany, and major production centers in Spain (Barcelona) and Auckland. Straker is the market leader in New Zealand and Australia, and ranks among the Top 100 language service providers globally (out of a total 27,000 vendors worldwide).

Prior to the investment by Bailador, the company operated at a profit. The investment by Bailador will allow Straker to invest in sales resources in core growing markets and drive further product development. Straker is expected to continue to grow rapidly in its very large addressable international markets, leveraging its technology and business model advantages.

Key metrics

  • Revenue for the year ended 31 March 2015: NZ$8.0 million
  • FY15 Revenue Growth Rate: 45% 

Office locations

Auckland, New Zealand (HQ); Sydney, Melbourne, Brisbane, and Perth, Australia; San Francisco, Boston, New York, Chicago, Miami, and Washington, United States; Mississauga, Canada; Singapore, Singapore; London, UK; Dublin, Ireland; Munich, Germany; Barcelona, Spain; Sandton, South Africa.


Grant Straker, CEO

Grant Straker, CEO


Merryn Straker, COO

Merryn Straker, COO

Bailador Shareholder Update & NTA Report Update

Bailador has released its August 2018 Shareholder Update. Highlights include

  • NTA per share (pre tax) increase of 4c per share
  • Instaclustr value increased 58% ($5.3m) to $14.6m
  • Instaclustr (BTI Invested in Nov 16) currently held at 3.25x investment cost

BTI Shareholder Update and NTA Report

Bailador Annual General Meeting 23 October 2018

Bailador is holding its Annual General Meeting on Tuesday 23 October at 11:00am at the offices of Hall Chadwick at Level 40, 2 Park Street Sydney.

Click Here for the Notice of Meeting and Proxy Form

BTI Share Price

Click below for the current BTI share price (ASX:BTI) and latest information on trading. 

BTI on the ASX