Evinced Raises $38M in Series B Funding

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Obviousa Palo Alto, Calif.-based software company that powers accessible web and mobile development, raised $38 million in a 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 to integrate accessibility into the web and mobile development of the largest companies most committed to accessibility. Its suite of tools enables developers and accessibility professionals to automatically find, group, and track accessibility issues, reducing reliance on manual processes, minimizing risk, and accelerating time to market.

Since launching in 2021, its web and mobile accessibility solutions have been incorporated into the business development process of a multitude of forward-thinking companies, including:

  • Four of the 10 largest financial institutions in the country
  • Two of the top three B2B SaaS companies in the country
  • One of the five largest healthcare companies in the country

The company is headquartered in California and has offices in the United States, Europe and Israel.

EndSME

06/25/2022

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