How Much Did Evinced Raise?
Funding & Key Investors

Evinced, a prominent player in the digital accessibility automation sector, has successfully secured a major strategic investment to bolster its market position. The company has reached a significant milestone in its growth trajectory, having accumulated a $110M in aggregate capital. This latest infusion of $55M marks a pivotal Series C round, underscoring investor confidence in the firm's ability to scale its enterprise-grade software solutions.

The funding history reflects a consistent upward trend, beginning with a Series A round in early 2021, followed by a Series B in 2022, and culminating in this recent Series C financing. This progression highlights the company's transition from an early-stage innovator to a mature enterprise-level provider, capable of attracting top-tier institutional backing to support its long-term operational objectives.

What is Evinced?

Evinced
SoftwareEngineering Software

Evinced specializes in the development and deployment of sophisticated digital accessibility automation services. By integrating advanced software capabilities into the development lifecycle, the company enables organizations to identify and remediate accessibility barriers within their digital products. This focus on inclusive design is increasingly critical for global enterprises navigating complex regulatory environments and the growing demand for equitable digital experiences. Evinced's platform serves as a foundational tool for businesses aiming to automate compliance and enhance user experience across diverse digital touchpoints.

How much funding has Evinced raised?

Evinced has raised a total of $110M across 3 funding rounds:

2021

Series A

$17M

2022

Series B

$38M

2024

Series C

$55M

Series A (2021): $17M with participation from Microsoft Corporation, Engineering Capital, Benhamou Global Ventures LLC, and Capital One Ventures

Series B (2022): $38M led by Insight Partners, M12, BGV, and Capital One Ventures

Series C (2024): $55M supported by Bgv, M12, and Insight Partners

Key Investors in Evinced

Insight Partners

Insight Partners is a global venture capital and private equity firm that invests in high-growth software and technology companies, providing capital and operational support to help businesses scale from early stage to IPO.

M12

M12, Microsoft's Venture Fund, invests in enterprise software companies primarily in the Series A through C funding stages with a focus on applied AI, business applications, and infrastructure.

Engineering Capital

Engineering Capital is a venture capital firm that partners with innovative entrepreneurs driven by technical insights, specializing in leading seed rounds for companies aiming to define new categories in the IT sector.

What's next for Evinced?

With the successful closure of this Series C round, Evinced is well-positioned to accelerate its product roadmap and expand its footprint in the enterprise software market. The strategic capital will likely be deployed toward enhancing its core automation engine, scaling go-to-market operations, and deepening its integration capabilities within existing enterprise workflows. As the demand for automated accessibility solutions continues to rise, Evinced is poised to solidify its leadership position, leveraging its robust investor network to navigate the next phase of its corporate evolution and market expansion.

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Frequently Asked Questions Regarding Evinced Financial Insights

What are the most recent funding rounds that Evinced has completed, and what were the funding rounds?
Evinced has recently completed 3 funding rounds: Series C on Dec 12, 2024, Series B on Jun 23, 2022, Series A on Feb 3, 2021.
What is the total amount of funding Evinced has raised to date?
Evinced has raised a total of $110M in funding to date.
How many funding rounds has Evinced completed?
Evinced has completed 3 funding rounds.
How much funding did Evinced raise in its most recent funding round?
Evinced raised $55M in its most recent funding round.
Who are the lead investors in Evinced's latest funding round?
The lead investor in Evinced's latest funding round was Bgv. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Evinced's history?
The largest funding round in Evinced's history was $55M.
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