Evinced Secures $55 Million to Revolutionize Digital Accessibility
December 13, 2024, 9:37 pm
Location: United States, California, Palo Alto
Employees: 11-50
Founded date: 2018
Total raised: $110M
In a world where digital presence is paramount, accessibility often lags behind. Evinced, a startup based in Palo Alto, California, is changing that narrative. Recently, the company announced it has raised $55 million in a Series C funding round, bringing its total funding to $112 million. This significant investment is a beacon for the future of digital accessibility.
Led by Insight Partners, the funding round also saw participation from notable investors like M12, BGV, Capital One Ventures, Engineering Capital, and newcomer Vertex Ventures. This diverse backing underscores the growing recognition of accessibility as a critical component of software development.
Evinced is not just another tech company. It’s a catalyst for change. The startup provides developers with tools to make websites and mobile applications accessible to individuals with disabilities. This is not merely a nice-to-have; it’s a necessity. The digital landscape is vast, yet it remains a minefield for those with disabilities. Evinced aims to bridge that gap.
The company’s technology uses artificial intelligence to identify and rectify accessibility issues. It scans websites and applications, creating a structural semantic model that highlights problems in the underlying code. This automated approach saves developers countless hours that would otherwise be spent on manual checks. It’s like having a seasoned guide in a dense forest, illuminating the path forward.
Accessibility issues can be daunting. Many enterprise software teams design with visual access in mind, often neglecting the needs of those who navigate differently. Evinced tackles this head-on. Its platform not only detects issues but also pinpoints the exact lines of code responsible for them. Developers receive actionable suggestions, streamlining the remediation process. It’s a lifeline for teams overwhelmed by the complexities of compliance.
The urgency for digital accessibility is mounting. In the European Union, new legislation set to take effect in June 2025 mandates that companies ensure their digital properties are accessible. In the United States, the Americans with Disabilities Act (ADA) is increasingly interpreted to include digital spaces. Companies are now facing legal and moral imperatives to act. Evinced positions itself as a vital partner in this journey.
The statistics are staggering. Over one billion people worldwide live with low vision or hearing impairments. These individuals often struggle to access essential services online, from booking hotels to managing bank accounts. Evinced’s mission is clear: to empower these users and ensure they can navigate the digital world with ease.
Evinced’s client roster is impressive. It includes major financial institutions, leading media firms, and top healthcare providers. Collectively, these organizations manage assets worth trillions. This demonstrates that the demand for accessible digital solutions transcends industries. It’s a universal need.
The recent funding will fuel Evinced’s expansion plans. The company aims to grow its presence in Europe, enhance its global sales and customer success teams, and invest in research and development. Generative AI will play a pivotal role in this evolution, allowing Evinced to refine its offerings and meet the ever-changing demands of the market.
The landscape of digital accessibility is shifting. Companies are beginning to recognize that accessibility is not just a checkbox on a compliance list. It’s a business imperative. As Evinced’s founder and CEO emphasizes, this funding round signals a turning point. Digital accessibility is now a priority, not an afterthought.
Insight Partners’ Michael Yamnitsky highlights the uniqueness of Evinced’s approach. By embedding accessibility into the software development lifecycle, the company is replacing outdated manual audits with an AI-driven platform. This innovation is not just efficient; it’s transformative.
As Evinced continues to grow, it faces the challenge of maintaining its momentum. The tech industry is notorious for rapid changes and fierce competition. However, the company’s commitment to accessibility sets it apart. It’s not just about profits; it’s about purpose.
In a digital age where every click counts, Evinced is ensuring that no one is left behind. The startup is a testament to the power of technology when harnessed for good. As it embarks on this new chapter, the world will be watching. The future of digital accessibility is bright, and Evinced is leading the charge.
In conclusion, Evinced’s recent funding round is more than just a financial milestone. It’s a declaration that accessibility matters. It’s a call to action for businesses to prioritize inclusivity in their digital strategies. As the company expands its reach and enhances its capabilities, it will undoubtedly play a crucial role in shaping a more accessible digital landscape for all. The journey is just beginning, and the possibilities are endless.
Led by Insight Partners, the funding round also saw participation from notable investors like M12, BGV, Capital One Ventures, Engineering Capital, and newcomer Vertex Ventures. This diverse backing underscores the growing recognition of accessibility as a critical component of software development.
Evinced is not just another tech company. It’s a catalyst for change. The startup provides developers with tools to make websites and mobile applications accessible to individuals with disabilities. This is not merely a nice-to-have; it’s a necessity. The digital landscape is vast, yet it remains a minefield for those with disabilities. Evinced aims to bridge that gap.
The company’s technology uses artificial intelligence to identify and rectify accessibility issues. It scans websites and applications, creating a structural semantic model that highlights problems in the underlying code. This automated approach saves developers countless hours that would otherwise be spent on manual checks. It’s like having a seasoned guide in a dense forest, illuminating the path forward.
Accessibility issues can be daunting. Many enterprise software teams design with visual access in mind, often neglecting the needs of those who navigate differently. Evinced tackles this head-on. Its platform not only detects issues but also pinpoints the exact lines of code responsible for them. Developers receive actionable suggestions, streamlining the remediation process. It’s a lifeline for teams overwhelmed by the complexities of compliance.
The urgency for digital accessibility is mounting. In the European Union, new legislation set to take effect in June 2025 mandates that companies ensure their digital properties are accessible. In the United States, the Americans with Disabilities Act (ADA) is increasingly interpreted to include digital spaces. Companies are now facing legal and moral imperatives to act. Evinced positions itself as a vital partner in this journey.
The statistics are staggering. Over one billion people worldwide live with low vision or hearing impairments. These individuals often struggle to access essential services online, from booking hotels to managing bank accounts. Evinced’s mission is clear: to empower these users and ensure they can navigate the digital world with ease.
Evinced’s client roster is impressive. It includes major financial institutions, leading media firms, and top healthcare providers. Collectively, these organizations manage assets worth trillions. This demonstrates that the demand for accessible digital solutions transcends industries. It’s a universal need.
The recent funding will fuel Evinced’s expansion plans. The company aims to grow its presence in Europe, enhance its global sales and customer success teams, and invest in research and development. Generative AI will play a pivotal role in this evolution, allowing Evinced to refine its offerings and meet the ever-changing demands of the market.
The landscape of digital accessibility is shifting. Companies are beginning to recognize that accessibility is not just a checkbox on a compliance list. It’s a business imperative. As Evinced’s founder and CEO emphasizes, this funding round signals a turning point. Digital accessibility is now a priority, not an afterthought.
Insight Partners’ Michael Yamnitsky highlights the uniqueness of Evinced’s approach. By embedding accessibility into the software development lifecycle, the company is replacing outdated manual audits with an AI-driven platform. This innovation is not just efficient; it’s transformative.
As Evinced continues to grow, it faces the challenge of maintaining its momentum. The tech industry is notorious for rapid changes and fierce competition. However, the company’s commitment to accessibility sets it apart. It’s not just about profits; it’s about purpose.
In a digital age where every click counts, Evinced is ensuring that no one is left behind. The startup is a testament to the power of technology when harnessed for good. As it embarks on this new chapter, the world will be watching. The future of digital accessibility is bright, and Evinced is leading the charge.
In conclusion, Evinced’s recent funding round is more than just a financial milestone. It’s a declaration that accessibility matters. It’s a call to action for businesses to prioritize inclusivity in their digital strategies. As the company expands its reach and enhances its capabilities, it will undoubtedly play a crucial role in shaping a more accessible digital landscape for all. The journey is just beginning, and the possibilities are endless.