UserWay is a leading provider of solutions in the field of accessibility of websites and applications for people with disabilities and is indirectly owned by the famous private investment fund KKR and another fund, JMI Equity.
The company started operating in 2006, also deals in digital accessibility, and specializes in integrating artificial intelligence technologies in the process of adapting websites and digital assets for people with disabilities. The company currently employs over 120 people worldwide, nearly half of them in Israel.
Userway is sold in the deal for 98.7 million dollars in full dilution – a price that includes the exercise of all the options granted to the company’s employees and founders.
Userway was founded by Alon Mason who serves as CEO and director. Among the prominent investors in the company are the founder Masson (who owns 38.5% of the shares) who will receive about NIS 100 million in the deal; Moore’s provident funds (13.3%); and Yelin Lapidot’s trust funds (5.9%).