VEASYT ltd.

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VEASYT ltd. - overview

Location

Venice, -, Italy

Primary Industry

Software

About

VEASYT ltd. provides professional video interpreting services in Italian Sign Language (LIS) to enhance communication accessibility for deaf individuals across various sectors. VEASYT ltd. specializes in video interpreting services, facilitating communication between deaf and hearing individuals.


The company, founded by Bruno Verneau, Enrico Capiozzo, and Gabriele Greco, is headquartered in Venice, Italy. It raised EUR 0. 17 million in an Angel funding round in December 2013, with Enrico Capiozzo currently serving as CEO. VEASYT specializes in professional video interpreting services in Italian Sign Language (LIS), designed to improve accessibility for deaf individuals in contexts such as dialogues, events, content delivery, and phone calls.


Their remote video interpreting platform enables users to connect with certified LIS interpreters directly via smartphones, bridging communication gaps effectively. This service is particularly valuable for businesses and public health organizations striving to enhance communication accessibility for deaf customers and employees, as well as for municipalities. VEASYT's offerings are available throughout Italy and potentially in other European markets, catering to a wide range of clients including large corporations and public sector entities. In the most recent year of 2023, VEASYT generated a revenue of EUR 846,128.


50, with an EBITDA of EUR 169,867. 80. The company operates a subscription-based model and engages in partnerships, primarily focusing on B2B transactions with corporate clients and public institutions. Their revenue structure involves tailored packages for businesses requiring regular interpreting services and agreements detailing interpreting hours and service specifications.


VEASYT plans to introduce new products aimed at enhancing their video interpreting services, although specific launch dates have not been detailed. The company is focusing on expanding into additional European markets to reach a broader client base by 2025. The recent Angel funding of EUR 0. 17 million raised in December 2013 is intended to support these growth initiatives, enabling further development of their services and expansion into new geographic regions.


Primary Industry

Software

Sub Industries

Web Applications, Education & Training Software

Website

www.veasyt.com

Verticals

Big Data

Company Stage

Angel & Seed

Total Amount Raised

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