Recite Me, a leader in website accessibility, has secured £4.6 million in additional funding from BGF, aiming to enhance its technology and global reach.
- The Gateshead-based firm is set to use the new funds to broaden its product offering and reinforce its position as a comprehensive online accessibility provider.
- Recite Me’s innovative software aids millions by removing online barriers for individuals with disabilities, older users, and non-native English speakers.
- This substantial follow-on investment by BGF raises their total commitment to Recite Me to £8.8 million, signaling ambitious growth plans.
- CEO Ross Linnett emphasizes the significant impact of Recite Me’s technology on millions worldwide and expresses goals to further extend this reach.
BGF, a major growth capital investor across the UK and Ireland, has reaffirmed its support for Recite Me with an additional £4.6 million in investment. This decision underscores BGF’s confidence in Recite Me’s ambitious vision to expand its reach and enhance its product offerings.
Recite Me, based in Gateshead, specializes in website accessibility software that eliminates obstacles faced by users with disabilities, visual impairments, and those with learning difficulties. Its technology also assists older adults and people who speak English as a second language.
The latest investment from BGF is aimed at boosting Recite Me’s capability to evolve into a holistic provider of online accessibility solutions, helping more people access web content seamlessly.
In the past year, Recite Me’s pioneering technology has already benefited over 7 million users across several key regions including Europe, the United States, and Australia. This number is set to rise as the company plans to extend its global footprint.
CEO Ross Linnett has expressed his commitment to leveraging the new funds to bring the advantages of Recite Me’s technology to a broader audience internationally. He describes this funding as a critical milestone in their journey towards greater accessibility online, emphasizing both growth and the enhancement of user experience.
John Healey, an investor from BGF, highlighted that Recite Me has established a solid reputation since 2012 as a leader in the UK’s accessibility software market. Despite this success, the potential for addressing website accessibility issues worldwide remains immense, with nearly 98% of websites facing challenges.
With this follow-on funding, Recite Me is set to capitalize on market opportunities and further develop its industry-leading solutions, which are vital for improving access for many users globally.
Recite Me’s partnership with BGF marks a pivotal point in its mission to advance online accessibility worldwide.
