Nagish Revolutionizes Communication for the Deaf and Hard-of-Hearing

July 13, 2024, 3:43 am
Canaan Partners
Canaan Partners
PlatformFinTechDataServiceTechnologyProductOnlineSoftwareITHealthTech
Location: United States, California, San Francisco
Employees: 11-50
Founded date: 1987
Nagish
Nagish
AppFastPhoneTelecommunicationVoice
Total raised: $16M
Looker
Looker
AnalyticsBusinessCultureDataEmployeeFastPlatformSmartSoftwareWeb
Location: United States, California, Santa Cruz
Employees: 501-1000
Founded date: 2011
Total raised: $280.5M
 Datadog
Employees: 1001-5000
Total raised: $15M
Nagish, a groundbreaking startup, secures $16 million in funding to transform communication for individuals with hearing loss through innovative AI technology. Led by Canaan Partners, this Series A funding will break down barriers and address daily challenges for millions of deaf or hard-of-hearing individuals.

Nagish, a trailblazing startup, has secured a whopping $16 million in funding to revolutionize communication for individuals with hearing loss. This innovative company, utilizing cutting-edge AI technology, is on a mission to break down barriers and address the daily challenges faced by millions of deaf or hard-of-hearing individuals.

Led by Canaan Partners, this Series A funding round includes participation from existing investors such as K5 Global, Tokyo Black, Cardumen Capital, Vertex Ventures Israel, Contour Venture Partners, and Precursor Ventures, as well as the founders of Datadog and Looker. This financial boost complements Nagish's previous $5 million seed round and will fuel the continued development of their AI-powered communication tools.

"Nagish is not just another AI app. It's a catalyst for empowerment, independence, and social inclusion, inspiring a new era of communication for millions of individuals with hearing loss," said Laura Chau, a partner at Canaan. This funding is a testament to the critical need for innovative solutions that address the daily challenges faced by the deaf and hard of hearing.

Nagish's mission is clear: to bridge the communication gap for the hard-of-hearing community by leveraging advanced AI technology to create accessible, intuitive, and practical tools. With this new infusion of capital, Nagish is poised to enhance its product offering, expand its reach, and ensure that more individuals around the globe can benefit from seamless communication.

The company's flagship product is an AI-powered speech-to-text and text-to-speech phone app that offers highly accurate and instantaneous transcription of spoken language into text. This tool empowers individuals with hearing loss to follow conversations in real-time, enhancing personal interactions and improving accessibility while maintaining privacy and security.

Tens of thousands of individuals worldwide have already experienced the transformative power of Nagish, citing its clear benefits in breaking down barriers and enabling independent communication. The company has also formed partnerships with major enterprises like Comcast, Pfizer, NBCUniversal, and Amazon, further solidifying its impact in the communication space.

With this significant financial backing, Nagish is set to bring new products to the market and expand its team with top talent in AI development, product design, and customer support. This funding will not only drive innovation but also underscore Nagish's commitment to empowering individuals with hearing loss to connect, work, and thrive in a world where inclusivity and accessibility are everyday realities.