Rylo Raises $85M Growth Capital

Rylo, an AI-powered communication platform based in New York and Tel Aviv that develops accessibility tools for the Deaf and hard-of-hearing community, has raised $85 million in growth funding. This round brings the company total funding to over $100 million.

Investors

The funding was led by Canaan, with participation from General Catalyst’s Customer Value Fund, Vertex Ventures, and Contour.

Rylo Use of Funds

Rylo plans to use the new capital to accelerate the development of reliable, accurate, and accessible communication tools. Specifically, the funds will support the expansion of its AI-powered suite, including real-time captioning, sign language translation, and new features such as workplace accessibility tools, sentiment analysis, and fraud detection.

About Rylo

Founded in 2021 as Nagish by CEO Tomer Aharoni, Rylo is a mission-driven company providing AI-powered communication solutions for the Deaf and hard-of-hearing community. The platform offers real-time captioning, text-to-speech services, and sign language translation to bridge communication gaps in personal and professional settings. Rylo has offices in New York and Tel Aviv.

Funding Details

Company Website: https://rylo.com

Company: Rylo
Raised: $85M
Round: Growth Capital
Funding Date: June 9, 2026
Lead Investor: Canaan
Additional Investors: General Catalyst’s Customer Value Fund, Vertex Ventures, Contour
Company Website: https://rylo.com
Software Category: Communication Accessibility
Source: https://www.businesswire.com/news/home/20260604498117/en/Rylo-Launches-Next-Chapter-With-%2485-Million-in-New-Funding-to-Expand-AI-Communication-Tools-for-the-Deaf-and-Hard-of-Hearing-Community