Evinced, a Palo Alto, CA-based software company powering accessible web and mobile development, has raised $55 million in Series C funding, bringing its total funding to $112 million.
Investors
The round was led by Insight Partners, with support from M12, BGV, Capital One Ventures, Engineering Capital, and new investor Vertex Ventures.
Insight Partners is a global software investor supporting high-growth tech and Internet companies. With over $80 billion in assets under management as of June 2024, it has invested in 800+ companies, including 55+ IPOs. Headquartered in New York City, with offices in London, Tel Aviv, and the Bay Area, Insight provides hands-on expertise to help visionary leaders scale from initial investment to IPO.
Evinced Use of Funds
The funding will fuel the company’s expansion into Europe, growth of global sales teams, advancements in R&D for generative AI, and the development of new products.
About Evinced
Evinced focuses on enabling digital accessibility for web and mobile development. It provides AI-driven tools that help developers, designers, QA engineers, and managers integrate accessibility into every stage of the development lifecycle. Its suite of tools allows users to automatically identify, cluster, and track accessibility issues. Evinced’s software is trusted by major companies across the finance, media, healthcare, and retail sectors. The company is headquartered in California, with offices in the U.S., Europe, and Israel.
Funding Details
Company: Evinced, Inc.
Raised: $55.0M
Round: Series C
Funding Date: December 2024
Lead Investor: Insight Partners
Additional Investors: M12, BGV, Capital One Ventures, Engineering Capital, Vertex Ventures
Company Website: https://www.evinced.com/
Software Category: Digital Accessibility
Source: https://www.prnewswire.com/news-releases/evinced-secures-55m-series-c-to-drive-global-lead-in-ai-driven-digital-accessibility-302329145.html