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Insight Partners led a $38m Series B funding round in Evinced.

Financials

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Transaction Value£30m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

Completed

Private

Venture Capital

Minority

Auto Technology

United States

Domestic

Acquisition

Private Equity

Single Bidder

automation solutions

Synopsis

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Insight Partners, a venture capital and private equity firm, led a $38m Series B funding round in Evinced, a provider of end-to-end accessibility automation services, with participation from M12, BGV, Capital One Ventures, and Engineering Capital. "As a former operator, thorough accessibility testing was something my teams knew mattered but we could never wrap our heads around. Evinced 'just works' and is gaining rapid adoption across today's leading brands. We're thrilled to partner with the team as they make accessibility testing a standard component of the development pipeline," Michael Yamnitsky, Insight Partners Managing Director.

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