# Wires Glasses

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/wires-glasses

- Industry: Consumer Products
- Headquarters: London, UK
- Website: www.wiresglasses.com
- Latest round: Seed (May 23, 2018)
- Investors on record: 1

## About

Wires Glasses Ltd. is a London-based company specializing in innovative eyewear solutions that enhance functionality and style, offering a range of technologically advanced glasses tailored to diverse consumer needs.Wires Glasses Ltd. was founded in 2016 in London, UK. The company focuses on developing high-quality eyewear products. The founder, Lily Cole, has a background that includes previous entrepreneurial ventures. In May 2018, the company attracted investment from True Ventures through a SEED funding round, marking a significant milestone in its growth trajectory.Wires Glasses specializes in innovative eyewear solutions designed to enhance both functionality and style. The company's core product offering includes high-quality, technologically advanced glasses that cater to a diverse range of consumer needs, such as prescription lenses, blue light blocking features, and customizable frames. These products address common challenges such as digital eye strain and vision correction, targeting both individual consumers and businesses, including retail partners and online shoppers across North America and Europe.Wires Glasses generates revenue primarily through direct-to-consumer sales and partnerships with retail outlets. Transactions occur via an e-commerce platform that facilitates individual purchases and bulk orders for retailers. The company employs a structured pricing model with various offerings at different price points. In 2018, the EBITDA was reported as USD 0.Wires Glasses plans to launch new eyewear products designed to address emerging consumer needs, with specific models expected to release in late 2023. The company is also targeting expansion into markets in Asia and Australia by 2024, aiming to leverage its unique product offerings. The recent SEED funding round led by True Ventures in May 2018 will support these initiatives, allowing for increased product development and market entry efforts.

## Funding rounds

- Seed, May 23, 2018 — True Ventures

## Investors

- True Ventures (https://capitalatlas.ai/funds/true-ventures) — Seed