Starting the new year on a high note, this week eSSENTIAL Accessibility announced the close of a $16 million USD investment round led by Lead Edge Capital—a growth stage investment fund with a portfolio of companies across the internet, software and consumer spaces, including names like Asana, Duo Security, Spotify, Toast, TransferWise and Uber.
As the volume of ADA lawsuits and demand letters has increased at an astounding pace, the consequences of not offering accessible experiences are not only costly but brand‐debilitating. This new financing will provide eSSENTIAL Accessibility with resources to expand its software platform and pursue rapid geographic expansion to meet escalating demand.
“The concept of accessibility — commonly associated with public and private physical spaces — now applies to our increasingly digital world,” says Simon Dermer, Co-Founder and CEO. “Websites, mobile apps, cloud platforms and other digital assets need to be designed, developed and managed with accessibility in mind to meet the needs of the more than one billion people globally living with a disability. Yet organizations struggle to implement accessibility and conform with regulatory mandates.”
Have any questions, comments, or concerns about the investment funding? Interested in checking out some of the unique new things we are building in our software technology? Contact the eSSENTIAL Accessibility team today.