Loading organizations...
§ Private Profile · Paupio str. 50-136, LT-11341 Vilnius, Lithuania
Language technology platform providing real-time interpretation for business meetings, conferences, and governmental sessions.
Interactio, based in Lithuania, provides a software-as-a-service (SaaS) platform and human interpretation services, utilizing audio-streaming technology and professional interpreters to facilitate real-time multilingual communication for business meetings, conferences, and governmental sessions. The company's technology has enabled over 976,000 listeners to participate in their preferred language across 111 countries. Interactio secured $30 million in Series A funding, an investment described as one of the largest in the language industry's history. Its extensive client roster features major global entities, including the United Nations, European institutions, YouTube, Microsoft, and Google. The organization was established in 2014 by co-founders Henrikas Urbonas, Simona Andrijauskaite, and Domas Labokas. Its business model centers on interactio operates on a software-as-a-service model combined with human interpretation services for conferences and events.
Interactio has raised $30.7M across 2 funding rounds.
Interactio has raised $30.7M in total across 2 funding rounds.
Interactio is a Lithuania-based technology company founded in 2014 that provides a leading remote simultaneous interpretation (RSI) platform for multilingual virtual, hybrid, and in-person meetings. It connects up to 2,000 participants in a single virtual room with unlimited languages, integrating certified human interpreters (or AI), moderators, AV specialists, and features like live chat, voting, screen sharing, and breakout rooms.[1][2][3][4] The platform serves enterprises, institutions, governments (e.g., UN, European Commission), and corporates (e.g., BMW, JP Morgan, Microsoft), solving language barriers in conferences, business meetings, and events by replacing costly hardware with mobile/desktop apps, while offering 24/7 support, ISO 27001 security, and scalability.[1][4][5] With over 26,000 events interpreted since launch and $30M in Series A funding in 2021 after 12x growth during COVID-19, Interactio demonstrates strong momentum in the remote communication space, reporting $42M revenue and 200 employees.[1][5]
Interactio was founded in 2014 in Vilnius, Lithuania, emerging from a vision to "destroy language barriers" in business, government, and conferences, inspired by how language shapes perception in communities.[1] The founders identified the inefficiencies of traditional simultaneous interpretation hardware—like queues and logistics—and innovated a mobile app-based solution for remote participation.[2] Early traction built on this hardware-replacement model, scaling to over 26,000 events by integrating with tools like Zoom, Webex, and Teams.[1][3] A pivotal moment came during COVID-19, when usage surged 12x from 2019-2020, attracting high-profile clients and leading to a $30M Series A round in 2021 led by Eight Roads Ventures and Storm Ventures, with participation from Practica Capital, Notion Capital, Change Ventures, and angels like Jaan Tallinn.[5]
Interactio rides the wave of globalization and hybrid work trends, accelerated by COVID-19, where demand for multilingual remote tools exploded—evidenced by its 12x growth and major funding.[5] Timing aligns with the shift from hardware-heavy events to cloud-based, scalable platforms, fueled by market forces like rising international collaboration, AI translation advancements, and video conferencing dominance (e.g., Zoom integrations).[3][4] It influences the ecosystem by enabling institutions and corporates to host inclusive, borderless events without logistics costs, democratizing access to rare languages and setting standards for secure RSI in a post-pandemic world of persistent hybrid meetings.[1][5]
Interactio is poised for expansion in AI-enhanced interpretation and enterprise conferencing, leveraging its $30M funding to deepen integrations and global reach amid growing demand for secure, multilingual hybrid solutions.[5] Trends like AI-human hybrid translation, Web3 events, and regulatory pushes for accessibility will shape its path, potentially evolving it into a full-spectrum communication platform. As language barriers fade in a connected world, Interactio's bridge-building mission positions it to power even more transformative global interactions, building on its post-COVID momentum.
Interactio has raised $30.7M in total across 2 funding rounds.
Interactio's investors include Eight Roads Ventures, Storm Ventures, Alkeon Capital, AME Cloud Ventures, Dragoneer Investment Group, DVx Ventures, FTAC Ventures, General Atlantic, Greylock, Hanabi Capital, Hardware Club, Index Ventures.
Interactio has raised $30.7M across 2 funding rounds. Most recently, it raised $30.0M Series A in May 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 1, 2021 | $30M Series A | Eight Roads Ventures, Storm Ventures | Alkeon Capital, AME Cloud Ventures, Dragoneer Investment Group, DVX Ventures, Ftac Ventures, General Atlantic, Greylock, Hanabi Capital, Hardware Club, Index Ventures, OMERS Ventures, Pareto Holdings, #secretfund, Seedcamp, Sound Ventures, Walden Catalyst Ventures, Alex Kayyal, Andrew Nutter, Anshu Sharma, Clement Benoit, Cornelius Boersch, Frederic Montagnon, George Burke, Giorgio Riccò, Louis Jonckheere, Martin Henk, Michael Benabou, Nicolas Steegmann, Pieterjan Bouten, Ragnar Sass, Romain Afflelou, Yaron Valler, Jaan Tallinn, Young Sohn, Notion Capital, Practica Capital | Announced |
| May 31, 2017 | $700K Venture Round | — | Andris K. Berzins, Kima Ventures, Practica Capital | Announced |