# My Optique Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/my-optique-group

- Industry: Retail
- Headquarters: London, UK
- Website: www.myoptiquegroup.com
- Total disclosed funding: $48M
- Latest round: Series C (Jun 23, 2014)
- Investors on record: 8

## About

Based in the UK, MyOptique Group Ltd. operates as an online retailer specializing in prescription eyewear, offering a wide variety of glasses and sunglasses to consumers across Europe.MyOptique Group Ltd. specializes in online retail of prescription eyewear. Founded in 2004 and headquartered in London, UK, the company was acquired by Essilor International in August 2016 for EUR 140 million. The company has successfully completed 9 deals to date, with its latest funding round raising GBP 20.00 mn from notable investors including Acton Capital and Index Ventures.MyOptique Group specializes in the online retail of prescription eyewear, focusing on providing a diverse range of eyewear products, including prescription glasses and sunglasses. Since its inception in 2004 with the launch of Glasses Direct, the company has positioned itself as a pioneer in the eyewear industry, challenging conventional purchasing methods through its innovative online platform. Their services address common challenges faced by consumers when buying glasses online, such as transparency in pricing, a vast selection of styles, and efficient delivery options. The company markets its products primarily in the United Kingdom and extends its reach to several European countries.MyOptique Group generates revenue through direct-to-consumer sales of its eyewear products via its online platform. In 2024, the company's revenue amounted to GBP 41,092,390, while it reported an EBITDA of GBP -5,696,509. The business operates on a B2C model, with partnerships enhancing distribution.MyOptique Group is focused on expanding its product line and enhancing its online platform. With the recent funding of GBP 20.00 mn, the company will invest in developing new eyewear options and improving customer experience. The firm aims to enter additional European markets by 2025, leveraging its strong online presence and innovative offerings. The completion of its acquisition by Essilor International will further support these growth initiatives.

## Funding rounds

- Series C, Jun 23, 2014, $27M — Beringea, Cipio Partners, Korys, Silicon Valley Bank
- Series B, Apr 21, 2009, $15M — Index Ventures, Acton Capital, Highland Europe
- Series A, Jul 18, 2007, $6M — Index Ventures, LocalGlobe, Highland Europe

## Investors

- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Series A, Series B
- LocalGlobe (https://capitalatlas.ai/funds/localglobe) — Series A
- Highland Europe (https://capitalatlas.ai/funds/highland-europe) — Series A, Series B
- Acton Capital (https://capitalatlas.ai/funds/acton-capital) — Series B
- Beringea (https://capitalatlas.ai/funds/beringea) — Series C
- Cipio Partners (https://capitalatlas.ai/funds/cipio-partners) — Series C
- Korys (https://capitalatlas.ai/funds/korys) — Series C
- Silicon Valley Bank — Series C