Audio Eye

Audio Eye

AI-powered digital accessibility and compliance SaaS platform.

HQ location
Chicago, United States
Launch date
Employees
Market cap
$152m
Enterprise value
$159m
Share price
$12.46 AEYE
  • Digital services
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$20.0m

Post IPO Debt
Total Funding000k
Bridge Bank
Bridge Bank(exited)

Financials

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues0000000000000000000000000000
% growth90 %20 %22 %5 %12 %15 %15 %
EBITDA0000000000000000000000000000
% EBITDA margin(35 %)(63 %)(26 %)(11 %)(2 %)--
Profit0000000000000000000000000000
% profit margin(35 %)(58 %)(35 %)(19 %)(12 %)--
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000
R&D % of revenue6 %22 %20 %22 %14 %--

Source: Company filings or news article, Equity research estimates

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More about Audio Eye
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AudioEye, Inc. is a publicly traded technology company specializing in digital accessibility solutions to ensure web content is accessible to individuals with disabilities. Founded in 2005 by Nathaniel Bradley, Sean Bradley, James Crawford, and David J. Ide in Tucson, Arizona, the company's mission was inspired by one of the co-founders being diagnosed with a degenerative eye disease. This personal experience became the catalyst for developing technology to help individuals with disabilities navigate the web.

The company operates on a Software-as-a-Service (SaaS) model, generating recurring revenue through subscriptions to its digital accessibility platform. Pricing is typically based on factors like website size and traffic. AudioEye serves a diverse client base ranging from small and medium-sized businesses to large enterprises and government agencies, with customers including Samsung and Calvin Klein. The company manages its customers through two primary channels: a direct enterprise channel for larger organizations requiring custom solutions, and a partner and marketplace channel that serves SMBs via CMS partners, agencies, and resellers.

AudioEye's core offering is a hybrid platform that combines patented AI-driven automation with manual testing and remediation by certified accessibility experts. The technology is deployed via a JavaScript installation on a client's website, which enables continuous, 24/7 monitoring and automated fixing of accessibility issues to ensure conformance with standards like the Web Content Accessibility Guidelines (WCAG) and the Americans with Disabilities Act (ADA). For complex issues that automation cannot resolve, the platform provides reports and access to human experts for custom fixes. The company also offers legal support to help clients mitigate risks associated with accessibility lawsuits. By the end of fiscal year 2024, the company served over 110,000 customers and reported revenues of $35.2 million.

Keywords: digital accessibility, web compliance, WCAG, ADA compliance, SaaS, accessibility testing, assistive technology, AI-powered remediation, website accessibility, Section 508, accessibility monitoring, inclusive design, user accessibility, accessibility solutions, automated accessibility, manual accessibility testing, accessibility compliance platform, legal accessibility support, enterprise accessibility, digital inclusion

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