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AudioEye
David Moradi runs AudioEye, the publicly traded digital-accessibility platform, providing compliance-as-a-service to enterprise clients.
AudioEye
AudioEye was founded in 2005 in Tucson, Arizona, and now operates as a publicly traded company on the Nasdaq under the ticker AEYE. David Moradi, the firm's largest shareholder and CEO, joined the board in 2016 during a contested proxy fight and assumed executive control the following year. He consolidated operations, moved the company to a remote-first posture, and refocused its go-to-market around a recurring-revenue SaaS model aimed at enterprise clients facing litigation risk under the Americans with Disabilities Act. The firm's core offering is a technology platform that identifies and remedies accessibility errors on customer websites, combined with a managed service that provides ongoing monitoring and expert support. AudioEye has steadily expanded its total addressable market beyond traditional retail and government verticals into financial services, healthcare, and higher education, where ADA-related lawsuits have become a material operational risk. The company reports its customer base in the tens of thousands of domains under management, with a mix of direct enterprise agreements and channel partnerships with digital agencies and content management platforms. Moradi has concentrated control through a dual-class share structure and directly held roughly 35% of the company's equity as of the most recent proxy statements. AudioEye is debt-free and self-sustaining, having achieved positive adjusted EBITDA in early 2023 while continuously rolling free cash flow into its automation tooling and an internal team of certified accessibility professionals that audit client sites. The company has not disclosed a standard assets-under-management metric, as it operates as an operating business rather than a pooled fund vehicle, and does not report the type of fund-level deployment figures typical of private capital firms. What structurally differentiates AudioEye is that it is an issue-driven public company that behaves like an activist portfolio holding run by a single dominant shareholder: Moradi's strategy at AudioEye shares more DNA with a concentrated special-situation investment than with a conventional enterprise-software leadership playbook. The firm operates a single, tightly scoped vertical product line, deliberately avoiding platform sprawl, and uses its public-company status to provide a quantifiable, GAAP-benchmarked view into the economics of the web-accessibility compliance market.
General information
Firm type
Asset Manager
Year founded
2005
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Tucson
Corporate office
Tucson, AZ, United States
Principals
David Moradi
Chief Executive Officer
Sector focus
Frequently asked questions
Who controls investment and strategic decisions at AudioEye?
David Moradi, the Chief Executive Officer and largest shareholder, controls strategic direction. He took effective control of the company through a proxy contest in 2016–2017 and holds a significant voting stake through a dual-class share structure. Investment decisions around the firm's sole platform product and its cash reserves are made by management under Moradi's direction, with board oversight disclosed in regular SEC filings.
Does AudioEye operate as a fund or an operating company?
AudioEye is structured as an operating company, not a pooled investment vehicle. It trades publicly on the Nasdaq under the symbol AEYE and generates revenue from software subscriptions and managed services rather than asset-management fees. Because it is not a family office, asset manager, or fund, standard AUM or fee-structure metrics do not apply to the firm.
What is the relationship between AudioEye's legal customers and its platform revenue?
Many of AudioEye's customers adopt its platform explicitly to reduce litigation risk under the Americans with Disabilities Act and related international web-accessibility mandates. The firm's sales motion commonly targets regulated industries where ADA-related lawsuits have become a material corporate exposure, including financial services, healthcare, and higher education. This litigation-driven demand tailwind is frequently cited in AudioEye's own investor materials as a core growth driver.
How does AudioEye structure its client engagements?
AudioEye offers a tiered model that combines automated scanning and remediation software with a managed service layer staffed by certified accessibility professionals. Its direct agreements with enterprise clients typically span annual or multi-year subscription terms, while its channel and partner business provides a lower-touch entry point for small and medium-sized digital properties. The firm has not reported material usage of co-investment or equity-for-services arrangements.
Is AudioEye a family office or linked to a larger family-office structure?
No. AudioEye is a publicly traded software company and does not function as a family office. David Moradi holds a concentrated personal equity stake, which is common among founder-operator CEOs, but this does not make the company a single-family office or managed-account structure for Moradi's personal wealth. There is no public evidence of AudioEye pooling third-party family capital.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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