EYEGLASS24

Consumer ProductsSeries BMunich, Germanyeyeglass24.de

Latest round

Series B

Last raised

Nov 2014

Total raised

Undisclosed

Investors

1

About EYEGLASS24

Founded in 2012 and headquartered in Munich, Germany, EYEGLASS24 GmbH specializes in the online replacement of lenses for prescription eyewear. The firm was formed independently and does not operate as a subsidiary of a parent company.EYEGLASS24 specializes in the online re-glazing of prescription eyewear, offering customers a streamlined process to replace their current lenses. The company's core services include the customization and installation of various types of lenses, including single-vision and progressive lenses, into existing frames. Customers can configure their desired lenses through a user-friendly online platform, inputting specific optical prescriptions and measurements. After configuration, customers receive a prepaid shipping label to send their old eyewear for lens replacement.EYEGLASS24 generates revenue through direct-to-consumer sales of customized eyewear solutions, primarily involving lens replacement services. Customers place orders online, selecting lens types and specifications, with a pricing structure based on lens materials and coatings. This convenient online ordering system leads to quick turnaround times for lens replacement, typically between 2 to 5 business days for standard orders. The company also offers an express service for urgent requests. in January 2017 to support product enhancements and strategic growth initiatives. The company is exploring the introduction of new lens types and customization options aimed to launch in the near future. Furthermore, EYEGLASS24 is targeting expansion into additional European markets beyond its current presence in Germany, Austria, and Switzerland, with specific timelines for market entry yet to be disclosed.

Who invested in EYEGLASS24

1 investor across 1 round

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Funding rounds

  1. Series B

    Nov 6, 2014

    Amount

    Undisclosed

    Investors

    Locked

Questions about EYEGLASS24

Who invested in EYEGLASS24?

EYEGLASS24 has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has EYEGLASS24 raised?

EYEGLASS24 has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did EYEGLASS24 last raise money?

EYEGLASS24's most recent round on record is a Series B, in Nov 2014.

What does EYEGLASS24 do?

Founded in 2012 and headquartered in Munich, Germany, EYEGLASS24 GmbH specializes in the online replacement of lenses for prescription eyewear.

Where is EYEGLASS24 headquartered?

EYEGLASS24 is headquartered in Munich, Germany.

Which VCs invest in companies like EYEGLASS24?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back consumer products companies at EYEGLASS24's stage. Their profiles are linked below.

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