Cyndx, the leading AI-enabled search and discovery platform for identifying growth opportunities among private market participants, announced that it is enhancing its dataset of more than 15 million companies with new translation capabilities. The new capabilities make even more precise business intelligence available to investors and companies around the world.
Cyndx can now translate private company information to English from seven languages – French, German, Italian, Japanese, Portuguese, Russian, and Spanish. This allows Cyndx’s AI-powered platform to capture and translate native language-only company websites, enabling them to be discovered while increasing the pool of business opportunities for Cyndx clients. Using Cyndx Concept Search, a proprietary search tool trained on multiple criteria of keywords, keyphrases and more, clients can run a precise search for acquisition targets and other investment opportunities in the global lower middle market. The new translation capabilities will both broaden and deepen Cyndx’s current database of private market companies, providing a more comprehensive and accurate view of the private capital universe.
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James McVeigh, Founder and CEO of Cyndx, commented, “Our addition of translation capabilities is a significant step in our mission to create the most dynamic corporate search and discovery platform. By translating native language-only websites, investors can be far more accurate, efficient and agile in their investment search and tap into countries they did not have access to before. This new capability will enable our customers to better identify the right growth opportunity irrespective of where they are located in the world. This also highlights our core technological strength in AI and how we are leading the market with new innovations.”
With the added translation capabilities, Cyndx users gain access to additional data points on international companies, such as company descriptions, public and private comparables, and other relevant intelligence for more than 500,000 additional companies. Translated information is updated every day. It is also used in the Cyndx Projected to Raise (P2R) Model, which identifies private companies that are projected to raise capital in the next six months.
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