Israeli AI firm Nagish has secured $11 million in a Series A funding round. The investment, led by Canaan Partners, will help expand and improve Nagish’s services for the hearing impaired community, promoting more inclusivity and accessibility.
This funding round demonstrates the continued confidence investors have in Nagish’s potential to provide advanced communication solutions worldwide. Noteworthy contributors included K5 Global, Tokyo Black, and Cardumen Capital.
Nagish, meaning ‘accessible’ in Hebrew, focuses on developing better communication methods for over a billion deaf and hard-of-hearing individuals globally. By innovating solutions tailored to the unique needs of this community, Nagish helps bridge existing communication gaps.
The company revolutionizes traditional methods of communication for the deaf community by upgrading the telephone relay system with AI. This eliminates the need for a human intermediary, facilitating calls through a sophisticated AI.
Expanding Nagish’s accessible communication services
It enhances speed and accuracy, with features like real-time transcription and adjustable text presentation.
Global organizations such as Comcast, Amazon, Microsoft, and Google have incorporated Nagish software in their communication systems. It aims to improve working conditions for employees dealing with auditory disabilities. In Amazon logistics centers, the software ensures a more inclusive and accessible communication system.
The U.S. Federal Communications Commission (FCC) has officially recognized Nagish as a sanctioned provider. This recognition underscores their contributions towards enhancing communication accessibility. Their automatic simultaneous translation services received high praise for their excellent accuracy and efficiency.
Founded by Tomer Aharoni and Alon Ezer, computer science graduates from Columbia University in the U.S., Nagish experienced significant growth triggered by an increased demand for their app during the COVID-19 lockdown in 2020. This surge continues to set the company on a path of significant expansion.