Interactio

Vilnius, Lithuania Founded: 2014 • Age: 12 yrs
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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
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Technology → Enterprise Software & Productivity Solutions
Technology → Artificial Intelligence & Machine Learning
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $31.57 M (USD)

    in 5 rounds

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

    Jun 17, 2022

  • Investors
  • Employee Count
    Employee Count
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Software-defined conferencing is provided for all meeting types.

Certified interpreters are offered for various event types.

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.

  • Total Funding
  • Total Rounds 5
  • Last Round Grant — $31,415
  • First Round
  • Investors Count 10
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2022 Amount Grant - Interactio Valuation

investors

May, 2021 Amount Series A - Interactio Valuation Eight Roads Ventures , Storm Ventures
Jun, 2019 Amount Seed - Interactio Valuation CoInvest Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital investment and global platform support for startups.
Founded Year Domain Location
Venture capital fund focused on multiple sectors
Founded Year Domain Location
Change Ventures is focused on backing ambitious Baltic startup founders with pre-seed and seed capital investments.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Interactio

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Interactio

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Interactio Comparisons

Employees
+
Add Comparison
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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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Zoom is recognized for providing AI-first collaboration and communication solutions.
domain founded_year HQ Location
Automated and expert-led identity verification services are provided.
domain founded_year HQ Location
Identity decisioning platform is provided for banks and fintech firms.
domain founded_year HQ Location
Software solutions for private market investors
domain founded_year HQ Location
Craft is recognized for providing supply chain resilience solutions.
domain founded_year HQ Location
Provides loans, risk management solutions and merchant service platform
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Interactio

Frequently Asked Questions about Interactio

When was Interactio founded?

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

Where is Interactio located?

Interactio is headquartered in Vilnius, Lithuania.

Is Interactio a funded company?

Interactio is a funded company, having raised a total of $31.57M across 5 funding rounds to date. The company's 1st funding round was a Seed of $568.27K, raised on Oct 18, 2016.

What does Interactio do?

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.

Who are the top competitors of Interactio?

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

What products or services does Interactio offer?

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

Who are Interactio's investors?

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

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