Company Overview
Snapshot
Founded in May 2022 by Alon Ezer, Rylo operates with 11–50 employees. The company has raised $101 million across 3 funding rounds from 8 investors. In June 2026, Rylo secured an $85 million funding round from lead investors Canaan Partners Israel.
Business overview
Rylo, formerly Nagish, develops AI-powered communication tools that convert text to speech and speech to text in real time. The company's core technology leverages machine learning and artificial intelligence, specifically in voice and speech recognition, to serve consumers, particularly those with disabilities. Rylo operates within the Media & Entertainment Technologies sector, focusing on digital content engagement and entertainment, aiming to break down communication barriers.
Strategic signal
In June 2026, Rylo raised an $85 million funding round at a $500 million valuation, with lead investments from Canaan Partners Israel. This significant capital infusion, alongside the company's target of $1 billion revenue by 2028, signals strong investor confidence in Rylo's AI-powered communication solutions and its potential for rapid market expansion and impact within the accessibility technology sector.
Log in to access full profile ›Company Intelligence Q&A
- What was Rylo's most recent funding round?
- In June 2026, Rylo raised an $85 million funding round from lead investors Canaan Partners Israel.
- What strategic acquisition did Rylo make in 2025?
- In October 2025, Rylo acquired sign.mt, a company specializing in real-time sign language translation. This acquisition aims to enhance Rylo's capabilities in AI and sign language research to further break down communication barriers.
- What significant certification did Rylo receive in February 2025?
- In February 2025, Rylo secured FCC certification as an Internet Protocol Relay Service (IP Relay) provider. This certification enables the company to offer seamless communication for individuals using any web-enabled device and was projected to double Rylo's revenue for 2025.
- What VR experience did Rylo launch in July 2025?
- In July 2025, Rylo, in collaboration with Moosh Studios, launched Silent Flow, a VR meditation experience designed specifically for Deaf individuals. This experience uses AI and VR technologies to guide users through meditation using sign language, motion, and visual cues.
- When was Rylo's Series A funding round?
- In July 2024, Rylo raised a Series A funding round led by Canaan Partners Israel. The funds were intended to further develop its AI-based communication solutions.