UserWay
Web Accessibility Solutions for WCAG and ADA Compliance
Company Overview
Snapshot
Founded in January 2019 by Allon Mason, UserWay operates with 51–200 employees. The company raised a total of $14.5 million across two funding rounds from two investors. UserWay was acquired by Level Access in December 2023.
Business overview
UserWay develops cloud-based accessibility solutions that ensure compliance with web accessibility standards such as WCAG 2.1, ADA, ATAG 2.0, EN 301-549, and Section 508. Its proprietary remediation-as-a-service (RaaS) technology allows for scalable and secure compliance without requiring website code refactoring. The company serves various markets globally, including enterprises and SMBs, operating within the Health Tech & Life Sciences sector, specifically focusing on Digital Accessibility Solutions.
Strategic signal
In December 2023, UserWay was acquired by Level Access in a $99 million deal, marking a significant exit for the company. This acquisition highlights the increasing consolidation within the digital accessibility market and validates UserWay's technology and market position, signaling strong investor interest in solutions that address web compliance and inclusivity.
Log in to access full profile ›Company Intelligence Q&A
- What was a significant corporate event for UserWay in late 2023?
- In December 2023, UserWay was acquired by Level Access in a $99 million deal, leading to its delisting from the stock exchange.
- When did UserWay go public?
- UserWay completed its Initial Public Offering (IPO) in February 2022, listing on the TASE under the ticker UWAY.
- What was a key product development for UserWay in October 2023?
- In October 2023, UserWay's accessibility compliance platform pushed a WCAG 2.2 update, enhancing its web accessibility compliance standards for customers.
- What was UserWay's financial performance in the first half of 2023?
- UserWay reported 81% ARR growth in H1 2023 and anticipated cash flow breakeven, aligning with the Department of Justice's upcoming digital accessibility regulations.
- What new AI product did UserWay launch in June 2023?
- In June 2023, UserWay launched the beta version of its free generative AI product, FixMyCode.ai.