Userway

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UserWay
Company typePublic (TASE: UWAY)
IndustryDigital accessibility
Founded2016; 8 years ago (2016)
FounderAllon Mason
Headquarters
Wilmington, Delaware
,
USA
Owner
Websiteuserway.org

Userway is a digital accessibility company based in Wilmington, Delaware. The company uses AI and automation in response to legal pressure on companies to make their websites accessible.[1] It is being traded on the Tel Aviv Stock Exchange.[2]

History[edit]

Userway was founded in 2016 by Allon Mason.[3] In 2021, Susan Bennett, the original voice of Apple's Siri personal assistant, became the company spokesperson[4][5] and disability advocate for Userway's promotional campaign which also starred Dr. Orna Guralnik.[6] In December 2021, the company submitted a first draft prospectus for its IPO on the Tel Aviv Stock Exchange.[7][8][9]

In January 2022, the company issued its IPO on the Tel Aviv Stock Exchange at a value of 120 million NIS. It went on to raise approximately 30 million NIS from institutional clients.[10][11] Userway began trading on the Tel Aviv Stock Exchange under the name UWAY.[12]

Userway's Accessibility Widget is available for all major CMS platforms as well as plain HTML/CSS/JS sites. Userway's technology meets compliance laws based on WCAG 2.1 AA standards and as required by the ADA.[13][14]

In December 2023, Userway announced that it would be acquired by American firm Level Access at a cost of $98.7 million in a cash deal merger.[15] The transaction was completed in March 2024.[16]

References[edit]

  1. ^ לוי, אביב (2022-01-24). "החברות ששינו את התוכניות בעקבות גל הירידות". Globes. Retrieved 2023-01-06.
  2. ^ אסיאג, עידו (2022-01-23). "חברת יוזרוואי תחל להיסחר היום בבורסה לניירות ערך של תל אביב תחת הסימול UWAY". Funder פאנדר פורטל קרנות נאמנות קופות גמל קרנות השתלמות קרנות פנסיה (in Hebrew). Retrieved 2023-01-06.
  3. ^ Shein, Esther (2020-07-30). "AI-powered tool aims to help reduce bias and racially charged language on websites". TechRepublic. Retrieved 2023-01-06.
  4. ^ "Siri reveals herself to promote web accessibility for Userway". The Drum. Retrieved 2023-01-06.
  5. ^ Al-Heeti, Abrar. "Siri's original voice now advocates for a more accessible web". CNET. Retrieved 2023-01-06.
  6. ^ Lovejoy, Ben (2022-05-19). "Siri visits Couples Therapy star Dr. Orna Guralnik in sketch for web accessibility company". 9to5Mac. Retrieved 2023-01-06.
  7. ^ "בלי שלב ציבורי: החברה להנגשת אתרים סגרה הנפקה לפי שווי של 120 מיליון שקל | כלכליסט". calcalist (in Hebrew). 2022-01-10. Retrieved 2023-01-06.
  8. ^ Alexiou, Gus. "Retailers To Lose $828 Million Of Sales Over Christmas Due To Inaccessible Websites". Forbes. Retrieved 2023-01-06.
  9. ^ "Susan Bennett, Siri voice, partners with accessibility startup UserWay". The Jerusalem Post | JPost.com. Retrieved 2023-01-06.
  10. ^ זומר, נווית (2022-01-30). "החברה שמנייתה זינקה ב-38% בשבוע: "השוק לא ער לגמרי לנושא הנגישות"". Ynet (in Hebrew). Retrieved 2023-01-06.
  11. ^ "בלי שלב ציבורי: החברה להנגשת אתרים סגרה הנפקה לפי שווי של 120 מיליון שקל | כלכליסט". calcalist (in Hebrew). 2022-01-10. Retrieved 2023-01-06.
  12. ^ "UWAY: Userway Ltd Stock Price Quote - Tel Aviv - Bloomberg". Bloomberg.com. Retrieved 2023-01-06.
  13. ^ InclusionHub. "UserWay". www.inclusionhub.com. Retrieved 2023-01-06.
  14. ^ "UserWay Launches Version 4.0 of Its Accessibility Platform". Speech Technology Magazine. 2022-04-26. Retrieved 2023-01-06.
  15. ^ Wrobel, Sharon (31 December 2023). "Israel digital accessibility startup to be bought by US firm in deal valued at $99m". Times of Israel. Retrieved 19 February 2024.
  16. ^ "Level Access Completes Acquisition of UserWay, Signaling the Next Evolution of Digital Accessibility". Morningstar. Retrieved 2024-03-20.


External links[edit]

Retrieved from "https://en.wikipedia.org/w/index.php?title=Userway&oldid=1214683144"