Interactio

Vilnius, Lithuania Founded: 2014 • Age: 12 yrs
Live translation is delivered through mobile apps at events.
Annual revenue - Latest available
Total funding $31.6M 5 rounds
Employees - Tracked headcount
Investors 10 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About Interactio

Interactio is a company based in Vilnius (Lithuania) founded in 2014 by Domas Labokas. It operates as a SaaS (Software-as-a-Service) and Professional Services. Interactio has raised $31.57 million across 5 funding rounds from investors including European Union, Eight Roads Ventures and Storm Ventures. Interactio offers products and services including Cloud Room, Human Interpretation, and AI Translation. Interactio operates in a competitive market with competitors including Zoom, IDnow, Alloy, Parallel Markets and Craft, among others.

  • Headquarter Vilnius, Lithuania
  • Founders Domas Labokas
  • Sectors
    Financial Services
    Technology
  • Email
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  • Phone
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  • Website
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Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $31.57 M (USD)

    in 5 rounds

  • Latest Funding Round
    $31.41 K (USD), Grant

    Jun 17, 2022

  • Investors
  • Employee Count
    Not available
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Products & Services of Interactio

Interactio offers a comprehensive portfolio of products and services, including Cloud Room, Human Interpretation, and AI Translation.

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Primary

Software-defined conferencing is provided for all meeting types.

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Certified interpreters are offered for various event types.

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AI translation is provided when human interpreters unavailable.

People of Interactio

Headcount 50-200
Employee Profiles 37
Employee Profiles
People
Margarita Guzelienė
Head of QA
People
Raimondas Nausėda
Director of Engineering
People
Eddie Dambrauskas
Senior Solutions Architect
People
Vytautas Preikšaitis
Senior Software Engineer

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Funding Insights of Interactio

Interactio has successfully raised a total of $31.57M across 5 strategic funding rounds. The most recent funding activity was a Grant round of $31.41 thousand completed in June 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Interactio

Interactio has secured backing from 10 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include European Union, Eight Roads Ventures and Storm Ventures.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital investment and global platform support for startups.
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Venture capital fund focused on multiple sectors
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Change Ventures is focused on backing ambitious Baltic startup founders with pre-seed and seed capital investments.
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Investor details for Interactio

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Investments & Acquisitions by Interactio

Investments
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Investment portfolio details for Interactio

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Financial Statements - Interactio

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Detailed financials for Interactio

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Interactio Comparisons

Interactio Primary company
Description
Live translation is delivered through mobile apps at events.
Location
Vilnius, Lithuania
Founded Year
2014
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Interactio

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Competitors of Interactio

Interactio operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zoom, IDnow, Alloy, Parallel Markets and Craft, among others.

Company Name Domain Founded year HQ Location Description
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Zoom is recognized for providing AI-first collaboration and communication solutions.
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Automated and expert-led identity verification services are provided.
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Identity decisioning platform is provided for banks and fintech firms.
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Software solutions for private market investors
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Craft is recognized for providing supply chain resilience solutions.
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Provides loans, risk management solutions and merchant service platform
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Detailed competitors of Interactio

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Latest news on Interactio

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Complete news archive for Interactio

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Frequently Asked Questions about Interactio

Interactio was founded in 2014 and raised its 1st funding round 2 years after it was founded.

Interactio is headquartered in Vilnius, Lithuania.

Interactio is a funded company, having raised a total of $31.57M across 5 funding rounds to date.

Interactio is engaged in delivering a secure video conferencing platform trusted by leading institutions and corporates. The company offers a seamlessly integrated solution combining hardware- and software-agnostic technology with real-time multilingual interpretation, provided by humans or AI, alongside expert customer support. Solutions are tailored for hybrid, online, and onsite meetings, with integrations for platforms like Microsoft Teams, Zoom, and Webex. Services cater to governmental sessions, business meetings, conferences, and impact-driven events across various sectors.

Interactio's top competitors include Zoom, IDnow and Craft.

Interactio offers Cloud Room, Human Interpretation, and AI Translation.

Interactio has 10 investors. Key investors include European Union, Eight Roads Ventures, Storm Ventures, Change Ventures, and Practica Capital.

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