# LensVector

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lensvector

- Industry: Consumer Products
- Headquarters: Mountain View, US
- Website: www.lensvector.com
- Total disclosed funding: $37M
- Latest round: Series C (Feb 4, 2010)
- Investors on record: 7

## About

LensVector, Inc. develops innovative liquid crystal-based optics, focusing on dynamic beam shaping lenses that deliver precise control of light for various applications in lighting and healthcare sectors.Founded in 2006, LensVector, Inc. operates out of Mountain View, US, and specializes in advanced optics solutions. The company’s founder is Tigran Galstian, and it is currently led by CEO Brent York along with Howard Earhart. In July 2016, LensVector raised USD 0.15 million in funding, marking a notable investment in its growth.LensVector specializes in advanced liquid crystal-based optics, primarily offering its S2F and M2M Series of dynamic beam shaping lenses. These products utilize solid-state molecular optics technology, allowing for the precise control of light's shape, size, and direction without mechanical movement. The S2F Series facilitates dynamic beam shaping capabilities ranging from a narrow 15-degree spot to a broader 35-degree flood, while the M2M Series accommodates beam angles of less than 10 degrees and greater than 50 degrees. Targeted markets for these innovative optics include architectural, retail, residential, street lighting, as well as automotive and aerospace applications. Key customers range from lighting manufacturers to healthcare providers utilizing the technology in endoscopic and laparoscopic procedures. LensVector's solutions are marketed across North America and Europe, addressing the growing need for adaptable lighting systems in various sectors.The revenue model for LensVector is structured around direct sales to business clients, including manufacturers and technology partners in the lighting and optical sectors. Transactions typically involve one-time purchases of optic systems or components, with the potential for follow-up contracts based on performance metrics and customer satisfaction. LensVector's flagship offerings, which include the S2F and M2M Series lenses, are priced based on their advanced technological capabilities, reflecting the value provided in dynamic light management. The company's strategy includes building partnerships with businesses in the architectural and healthcare markets to facilitate the integration of its products into existing systems, thereby fostering long-term relationships and recurring revenue opportunities.LensVector, Inc. aims to leverage its recent funding of USD 0.15 million raised in July 2016 to support the development of new products and expansion into new markets. The company is currently designing additional innovative optical products, with plans to release these in the upcoming years. Additionally, LensVector is targeting expansion into regions beyond its existing markets in North America and Europe, with specific plans for growth in Asian markets by 2025.

## Funding rounds

- Series C, Feb 4, 2010, $30M — Institutional Venture Partners, Menlo Ventures, Mitsui Global Investment, Eastman Kodak Company, Silicon Valley Bank, Harbor Pacific Capital, Samsung Venture Investment
- Series A, Nov 27, 2006, $6.6M — Menlo Ventures

## Investors

- Menlo Ventures (https://capitalatlas.ai/funds/menlo-ventures) — Series A, Series C
- Institutional Venture Partners (https://capitalatlas.ai/funds/institutional-venture-partners) — Series C
- Mitsui Global Investment (https://capitalatlas.ai/funds/mitsui-global-investment) — Series C
- Eastman Kodak Company — Series C
- Silicon Valley Bank — Series C
- Harbor Pacific Capital (https://capitalatlas.ai/funds/harbor-pacific-capital) — Series C
- Samsung Venture Investment (https://capitalatlas.ai/funds/samsung-venture-investment) — Series C