Rylo

Rylo

Real-time AI transcription for Deaf users

Overview

Rylo develops AI-powered accessibility tools that provide real-time captions for Deaf and hard-of-hearing users. Its apps, such as Rylo Phone and Rylo Live Transcribe, convert spoken conversations into text in real time, helping users follow calls, video chats, and in-person talks. The FCC-certified app emphasizes privacy and avoids reliance on relay services or human captioners, offering a consumer-friendly alternative to traditional captioning. Rylo aims to remove communication barriers and expand accessible communication by growing its product suite after rebranding from Nagish.

About Rylo

Simplify's Rating
Why Rylo is rated
C+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Data & Analytics

Consumer Software

Social Impact

AI & Machine Learning

Company Size

11-50

Company Stage

Series A

Total Funding

$101.1M

Headquarters

New York City, New York

Founded

2021

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Simplify's Take

What believers are saying

  • June 2026 raised $85 million from General Catalyst and Canaan, totaling over $100 million.
  • CTech reported early profitability after FCC licensing unlocked regulated U.S. revenues.
  • Rylo rolled out Rylo Phone in June 2026 and added workplace tools next.

What critics are saying

  • FCC reimbursement rules fund Rylo; a 2027 policy change would crush revenue.
  • Apple Live Captions and Google transcription commoditize Rylo's core captioning by 2027.
  • Sign.mt integration and broader AI ambitions distract management while core relay quality slips.

What makes Rylo unique

  • FCC-certified, fully automated IP CTS and IP Relay beat human-run relay centers.
  • Rylo rebranded in June 2026 and rebuilt Nagish Phone around faster native apps.
  • Sign.mt acquisition in October 2025 extends captioning into sign-language translation.

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Funding

Total Funding

$101.1M

Above

Industry Average

Funded Over

4 Rounds

Notable Investors:
Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$30M
Kalshi
$85M
Rylo

Benefits

Company Equity

Flexible Work Hours

Health Insurance

Dental Insurance

Vision Insurance

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

-2%

2 year growth

4%
Citybiz
Oct 22nd, 2025
Nagish Acquires AI Firm sign.mt

Nagish, a leader in AI-powered communication tools for the deaf and hard-of-hearing, has acquired sign.mt, an AI company specializing in real-time communication solutions.

PR Newswire
Jun 25th, 2025
Nagish Wins AI Breakthrough Award for Speech-to-Text Solution Making Phone Calls More Accessible for Deaf and Hard-of-Hearing

"We are thrilled to be recognized by the AI Breakthrough Awards for our innovation in speech-to-text technology," said Tomer Aharoni, CEO of Nagish.

AlleyWatch
Jul 12th, 2024
Nagish Raises $11M to Bring Independence to Those with Hearing Impairments with its AI-Powered Mobile Communication Solution

Nagish raises $11M to bring independence to those with hearing impairments with its ai-powered mobile communication solution.

FinSMEs
Jul 10th, 2024
Nagish Raises $16M in Funding

Nagish raises $16M in funding.

Yahoo Finance
Jul 10th, 2024
Nagish Raises $16 Million to Revolutionize Communication for Individuals with Hearing Loss Through AI

This financing complements Nagish's $5 million seed round.

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