AccessiBe

Last updated
accessiBe
Company type Private
IndustryWeb accessibility
FounderDekel Skoop, Gal Vizel, Shir Ekerling
Headquarters
New York,
,
New York
ProductsWeb accessibility softwares
Website accessibe.com

accessiBe is a technology company working to solve challenges of web accessibility through AI. [1] [2] The company has raised $58 million in two rounds of funding. [3] [4] [5] [6] [7]

Contents

History

accessiBe was founded in 2018 by Dekel Skoop, Gal Vizel and Shir Ekerling. [8] [9] The founders worked on developing proprietary software in order to make websites accessible for people with disabilities. [10] [11] [12]

accessiBe launched its flagship product, accessWidget, as a tool that scans and attempts to remediate websites in real-time, attempting to achieve ADA compliance through implementing WCAG 2.1 guidelines. [13] [14] The product claims to make website publishers ADA compliant within hours of deploying accessiBe's code, so that people with disabilities can easily access and interact with these websites. [15] [16] In 2021 accessiBe added to its ecosystem of tools, accessFlow, [17] a testing and remediation platform for developers on the source code level.

Fundraising

accessiBe first raised $500,000 from private investors including Nadav Dakner, Elad Mor, Itai Elizur, Oron Yaffe. [18] In May 2020, the company raised $12 million in Series A funding from K1 Investment Management. [19] [20] [21] [22] In February 2021, closed its series A funding with $28 million from K1 Investment Management, a Los Angeles-based private equity firm investing primarily in software and technology private companies across North America, took a minority stake in accessiBe Systems Ltd. with intentions to help accessiBe to expand in North America. [1] [23] [24] [25]

By February 2021, accessiBe's annual recurring revenue has shown a growth of more than 3.5x in 12 months, which led to additional funding from K1, totaling $28 million. [26] Company leaders have announced that they are planning to use the funds to significantly expand its US presence, grow its R&D department and continue educating the market on the importance of web accessibility. [27] [28]

In August 2022 accessiBe raised an additional $30 Million as an extension to its previous Series A [7] [29] bringing its total funding to $58 Million.

Criticism and concerns

Many web accessibility experts agree that accessibility overlay software like AccessiBe can actually cause accessibility issues and create a false sense of accessibility for their clients. [30]

Many industry professionals have criticized the entire product category. [36] [37]

Lawsuits

There have been around 100 lawsuits against companies after they invested in a widget-based solution, [38] most prominently ADP, [39] and two have named accessiBe specifically: Thomas Klaus and Robert Jahoda v. Upright Technologies, [40] and Kolesar v. Bylt, LLC. [41]

See also

Related Research Articles

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References

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