What is Interactio?
Founded in 2014 and headquartered in Lithuania, Interactio provides a robust remote interpretation platform designed to support multilingual interactions. The company's core value proposition lies in its ability to integrate interpretation services into any meeting platform, ensuring that language is no longer a barrier to effective collaboration. As organizations shift toward hybrid work models, Interactio's technology has become an essential tool for international conferences, corporate board meetings, and large-scale webinars. The platform's architecture is built for scalability, allowing it to handle complex, high-stakes environments where precision and real-time delivery are paramount.
How much funding has Interactio raised?
Interactio has raised a total of $30M across 1 funding round:
Series A
$30M
Series A (2021): $30M with participation from Practica Capital, Notion Capital, Eight Roads Ventures, Change Ventures, Young Sohn, Storm Ventures, and Jaan Tallinn
Key Investors in Interactio
Practica Capital
Practica Capital is a venture capital firm focused on backing entrepreneurs through various stages of funding, including seed and series A investments. With over 132 million euros under management, the firm has made more than 70 investments across diverse sectors such as biotech, fintech, and e-commerce.
Notion Capital
Notion Capital is a leading early-stage venture capital firm based in London, specializing in investments in B2B SaaS and cloud services across Europe. The firm provides investment capital and expert support to help ambitious brands scale their ventures.
Eight Roads Ventures
Eight Roads Ventures is a global venture capital firm that backs technology and healthcare companies, leveraging a deep network of industry experts to support founders in scaling their businesses internationally.
What's next for Interactio?
With this major enterprise-level funding, Interactio is poised to accelerate its product development roadmap and expand its global footprint. The strategic capital will likely be deployed to enhance the platform's AI-driven features, improve user experience, and strengthen its sales and marketing operations in key international markets. As the company transitions from its current growth phase to a more mature enterprise-level operation, the focus will remain on maintaining service reliability while scaling to meet the needs of multinational corporations and global institutions. The backing from seasoned venture capital firms provides not only the necessary liquidity but also the strategic guidance required to navigate the competitive landscape of B2B SaaS and language technology.
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