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Nagish raises $16 million in a Series A led by Canaan to improve communication for individuals with hearing loss through AI.

PRIVATEJul 10, 2024

Amount Raised

$16 Million

Round Type

Series A

New YorkHardwareArtificial IntelligenceMessagingMachine Learning

Investors

LookerDatadogPrecursor VenturesContour Venture PartnersVertex Ventures IsraelCardumen CapitalTokyo BlackK5 GlobalCanaan Partners

Description

Nagish, an innovative startup using AI to make communication accessible for deaf and hard-of-hearing individuals, announced $16 million in funding. This includes $11 million in Series A led by Canaan Partners, with participation from existing investors 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 financing complements Nagish's $5 million seed round. It will fuel the continued development of Nagish's AI-powered communication tools to transform how more than a billion people with hearing loss communicate, share information, and work.

Quick answer

Nagish raised $16 Million in a Series A round, dated July 10, 2024. Investors: Looker, Datadog, Precursor Ventures, Contour Venture Partners, Vertex Ventures Israel, Cardumen Capital, Tokyo Black and K5 Global. Nagish is based in New York, New York, United States.

How much did Nagish raise?
Nagish raised $16 Million in a Series A round on July 10, 2024.
Who invested in Nagish?
Looker, Datadog, Precursor Ventures, Contour Venture Partners, Vertex Ventures Israel, Cardumen Capital, Tokyo Black and K5 Global are named as investors in this round.
What does Nagish do?
Nagish is an innovative startup using advanced AI to create accessible, intuitive, and practical communication tools for deaf and hard-of-hearing individuals.
Where is Nagish based and how big is it?
Nagish is based in New York, New York, United States. Fundz records about 18 employees.
Who are the decision-makers at Nagish?
Fundz holds 1 contact at Nagish. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Hardware and Messaging around the same time

Companies in the same sectors as Nagish that raised within 45 days of this round, from Fundz verified event records.

  • OpenFi raised $632K (Pre-Seed) on July 2, 2024.
  • Phantastiq raised an undisclosed amount (Seed) on August 23, 2024.
  • Opkey raised $47M (Series B) on August 22, 2024.
  • Harmonyze raised $2M (Pre-Seed) on August 22, 2024.
  • GenLayer raised $7.5M (Seed) on August 21, 2024.
  • LLUMO AI raised $1M (Seed) on August 21, 2024.

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Company Information

Company

Nagish

Location

New York, New York, United States

About

Nagish is an innovative startup using advanced AI to create accessible, intuitive, and practical communication tools for deaf and hard-of-hearing individuals. With its flagship product, an AI-powered speech-to-text and text-to-speech phone app, Nagish empowers people with hearing loss to follow conversations in real-time, enhancing personal interactions and improving accessibility while keeping calls private and secure. Nagish also provides telecommunication relay services certified by the Federal Communications Commission, further validating its commitment to setting new standards for accessibility and ease of use in relay services.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Nagish raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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