Evinced Raises $38M in Series B Funding

Evinced_Logo

Evinced, a Palo Alto, Calif.-based software company powering accessible web and mobile development, raised $38m in Series B funding round.

The round, which brought the total raised to date to $57m, was led by Insight Partners with participation from existing investors M12, BGV, Capital One Ventures, and Engineering Capital.

The company intends to use the funds for the continued expansion of its mobile offerings.

Led by CEO Navin Thadani, Evinced provides a software platform for integrating accessibility into web and mobile development at the largest, most accessibility-committed companies. Its suite of tools enable developers and accessibility professionals to automatically find, cluster, and track accessibility issues, reduce reliance on manual processes, minimize risk, and speed up their time to market.

Since launch in 2021, its web and mobile accessibility solutions have been integrated into the enterprise development process of a host of forward-thinking enterprises, including:

  • Four of the nation’s 10 largest financial institutions
  • Two of the nation’s three largest B2B SaaS companies
  • One of the nation’s five largest healthcare companies

The company is headquartered in California, with offices across the US, Europe, and Israel.

FinSMEs

25/06/2022