Pedius has developed a mobile app that allows Deaf and hard-of-hearing people to make normal phone calls and access voice services such as emergency and customer-care calls via voice recognition and speech synthesis technologies. The company offers both consumer solutions for individuals and business solutions to help corporates activate toll-free numbers for hard-of-hearing customers and to foster inclusion of disabled workers. Its platform is active in nine countries (including Italy, France, the UK, Spain and the USA), supports six languages and has 13,000 registered users. Pedius partners with TIM (which has implemented the technology in its call centers), BNL, HP, Axa Assistance and several Italian municipalities. The company intends to use the new funds to invest in sales in emerging countries, build up its commercial network and develop new products dedicated to elderly people. Lorenzo Di Ciaccio is CEO and co-founder. Pedius developed a communication service that lets deaf and hard-of-hearing people make phone calls by combining voice recognition and speech synthesis technologies. The service is available in Italy, the UK and Ireland and has been adopted by Telecom Italia in its contact centers. The company has a team of eight people and is led by founder Lorenzo Di Ciaccio (29). Pedius has won a TIM#WCAP grant in 2013 and several other awards. It intends to use the new funding to expand internationally. The company recently raised €410K in funding from strategic investors.

Total raised

$2M

Funding rounds

2

Latest round

Series A

Latest activity

Jan 2017