About Evinced
Evinced is a company based in Los Altos (United States) founded in 2011 by Navin Thadani and Gal Moav.. Evinced has raised $110 million across 3 funding rounds from investors including Capital One, Benhamou Global Ventures and Insight Partners. The company has 23 employees as of December 31, 2024. Evinced offers products and services including Web Flow Analyzer, Mobile Flow Analyzer, Automation SDKs, Site Scanner, and Debugger. Evinced operates in a competitive market with competitors including TestParty, HiSoftware, Equally.ai, Accessibility Cloud and Accessible Metrics, among others.
- Headquarter Los Altos, United States
- Employees 23 as on 31 Dec, 2024
- Founders Navin Thadani, Gal Moav
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Evinced Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$110 M (USD)
in 3 rounds
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Latest Funding Round
$55 M (USD), Series C
Dec 13, 2024
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Investors
Capital One
& 6 more
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Employee Count
23
as on Dec 31, 2024
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Products & Services of Evinced
Evinced offers a comprehensive portfolio of products and services, including Web Flow Analyzer, Mobile Flow Analyzer, Automation SDKs, Site Scanner, and Debugger. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Tool that analyzes websites for accessibility issues using AI.
Detects accessibility problems in mobile apps via machine learning.
Enables automated testing for accessibility in software pipelines.
Scans websites to find and prioritize accessibility bugs.
Assists in identifying visual accessibility issues in designs.
Helps evaluate accessibility during the design phase.
Facilitates unit-level checks for accessibility in code.
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Funding Insights of Evinced
Evinced has successfully raised a total of $110M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $55 million completed in December 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series C — $55.0M
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First Round
First Round
(03 Feb 2021)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2024 | Amount | Series C - Evinced | Valuation | Insight Partners | |
| Jun, 2022 | Amount | Series B - Evinced | Valuation | Insight Partners | |
| Feb, 2021 | Amount | Series A - Evinced | Valuation | M12 , Benhamou Global Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Evinced
Evinced has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Capital One, Benhamou Global Ventures and Insight Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investment firm scaling software and technology companies from early to late stages.
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Founded Year | Domain | Location | |
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Venture capital investments in technology startups are facilitated by M12.
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Founded Year | Domain | Location | |
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Venture capital firm investing in AI and cross-border enterprise startups from Silicon Valley.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Evinced
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Evinced
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Evinced Comparisons
Competitors of Evinced
Evinced operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as TestParty, HiSoftware, Equally.ai, Accessibility Cloud and Accessible Metrics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of AI automation software for writing ADA compliant software
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| domain | founded_year | HQ Location |
Regulatory compliance is managed through tools and accessibility solutions.
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| domain | founded_year | HQ Location |
Web accessibility compliance is automated via AI and cloud tools.
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| domain | founded_year | HQ Location |
Offers automatic and manual tools for web accessibility testing and compliance standards.
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| domain | founded_year | HQ Location |
Provides automated scans for website accessibility errors, reports, and compliance checks.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Evinced
Frequently Asked Questions about Evinced
When was Evinced founded?
Evinced was founded in 2011 and raised its 1st funding round 10 years after it was founded.
Where is Evinced located?
Evinced is headquartered in Los Altos, United States. It is registered at Los Altos, California, United States.
Who is the current CEO of Evinced?
Navin Thadani is the current CEO of Evinced. They have also founded this company.
Is Evinced a funded company?
Evinced is a funded company, having raised a total of $110M across 3 funding rounds to date. The company's 1st funding round was a Series A of $17M, raised on Feb 03, 2021.
How many employees does Evinced have?
As of Dec 31, 2024, the latest employee count at Evinced is 23.
What does Evinced do?
Evinced was founded in 2011 and is headquartered in Los Altos, United States. A platform for mobile-based automated testing software is operated within the software testing sector. Cloud-based solutions for accessibility testing are delivered, along with digital tools for analyzing mobile applications. Problems are detected automatically through AI, with fixes suggested and reports generated on issues such as missing traits and labels.
Who are the top competitors of Evinced?
Evinced's top competitors include TestParty, Equally.ai and HiSoftware.
What products or services does Evinced offer?
Evinced offers Web Flow Analyzer, Mobile Flow Analyzer, Automation SDKs, Site Scanner, and 3 more products and services.
Who are Evinced's investors?
Evinced has 7 investors. Key investors include Capital One, Benhamou Global Ventures, Insight Partners, M12, and Capital One Ventures.
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