Rylo was built by co-founders Tomer Aharoni and Alon Ezer as Nagish, an app that lets deaf and hard-of-hearing people make and take phone calls by converting speech to text and typed replies back to speech in real time. The platform is FCC-certified, which funds the service so it is free to end users, and it also covers in-person conversations. The company rebranded to Rylo in June 2026, a name the founders describe as bridging "relay" and "rely," and is extending the product beyond captioning into sign language translation (building on its 2025 acquisition of Sign.mt), workplace accessibility, speaker identification, sentiment analysis and real-time fraud detection. Rylo has offices in New York and Tel Aviv.
Funding
In July 2024, then operating as Nagish, the company raised an $11 million Series A led by Canaan Partners, bringing reported total funding to $16 million. In June 2026 it announced an $85 million round with participation from existing investor Vertex Ventures Israel, taking total funding to more than $100 million.