Evinced, a leader in web and mobile accessibility solutions, has secured $55 million in Series C funding, bringing its total funding to $112 million. This funding round, led by Insight Partners with participation from investors like M12, Capital One Ventures, and new partner Vertex Ventures, underscores the growing importance of integrating accessibility into every stage of digital development.
Key Highlights of the Funding Announcement
1. The Growing Need for Digital Accessibility
- Regulatory Pressures: Increasing global mandates, including European requirements by June 2025 and ADA interpretations in the US, highlight the urgency of accessibility.
- Business Imperative: Accessibility is no longer optional; it’s essential for creating inclusive digital experiences.
2. Evinced’s Innovative AI-Driven Solutions
- Defect Detection & Fix Suggestions: Best-in-class tools for designers, developers, QA engineers, and managers.
- Generative AI Accessibility: Reliable, scalable, and a pioneer in replacing manual audits with automated solutions.
3. Funding Allocation for Strategic Growth
- European Expansion: Strengthening presence and customer base in Europe.
- Global Sales & Customer Success: Scaling teams to meet increasing demand.
- Generative AI R&D: Enhancing capabilities to stay at the forefront of accessibility innovation.
- New Products & Services: Meeting evolving market needs with cutting-edge solutions.
4. Evinced’s Rapid Adoption and Market Impact
- Trusted by major players:
- Financial institutions managing $26 trillion in assets.
- Five of the ten largest media companies in the US and UK.
- Leading B2B SaaS, healthcare, and retail enterprises.
Leadership Insights
- Navin Thadani, CEO and Co-Founder, Evinced:
- Highlighted accessibility as a "business imperative" and shared plans to expand in Europe while advancing generative AI capabilities.
- Michael Yamnitsky, Managing Director, Insight Partners:
- Praised Evinced's AI-driven approach for replacing tedious manual audits and embedding accessibility into the software development lifecycle.
Evinced’s $55 million Series C funding is a testament to its leadership in digital accessibility. By expanding its global reach, advancing AI solutions, and meeting increasing regulatory demands, Evinced is set to redefine how companies create inclusive and accessible digital experiences at scale.