About Advancing Eyecare
Advancing Eyecare is a company based in Jacksonville (United States) founded in 2019 was acquired by Cornell Capital in May 2022.. Advancing Eyecare has completed 6 acquisitions, including Birmingham Optical, Eyefficient and Ophthalmic Instruments. Advancing Eyecare offers products and services including Ophthalmic Equipment and Equipment Repairs.
- Headquarter Jacksonville, United States
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Advancing Eyecare, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Harvest Partners
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Birmingham Optical
& 5 more
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Acquired by
Cornell Capital
(May 09, 2022)
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Products & Services of Advancing Eyecare
Advancing Eyecare offers a comprehensive portfolio of products and services, including Ophthalmic Equipment and Equipment Repairs. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Equipment is supplied for eyecare practices, including diagnostic and lane instruments
Repairs and preventative maintenance are performed for ophthalmic devices to ensure ongoing functionality
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Funding Insights of Advancing Eyecare
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2019 | Amount | Seed - Advancing Eyecare | Valuation | Harvest Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Advancing Eyecare
Advancing Eyecare has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Harvest Partners and Cornell Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Harvest Partners is engaged in alternative investment strategies.
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Founded Year | Domain | Location | |
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Cornell Capital is engaged in private investment across sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Advancing Eyecare
Advancing Eyecare has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Birmingham Optical, Eyefficient and Ophthalmic Instruments. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Ophthalmic imaging equipment is developed for dry eye diagnosis.
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2013 | ||||
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Ophthalmic equipment and services are supplied to eye care professionals.
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1988 | ||||
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New and pre-owned ophthalmic equipment is supplied to medical practices.
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1977 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Advancing Eyecare
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Advancing Eyecare Comparisons
Competitors of Advancing Eyecare
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Advancing Eyecare
When was Advancing Eyecare founded?
Advancing Eyecare was founded in 2019.
Where is Advancing Eyecare located?
Advancing Eyecare is headquartered in Jacksonville, United States.
What does Advancing Eyecare do?
Advancing Eyecare was established in 2019 in Jacksonville, United States, within the ophthalmic sector. Advanced technology instruments and certified pre-owned equipment are supplied to eye care professionals. A network of service technicians handles repairs, preventative maintenance, and protection plans for instrument performance. Financing programs and discounted packages are provided to accommodate various budgets. Optical finishing equipment, supplies, and accessories are also distributed to support operations.
What products or services does Advancing Eyecare offer?
Advancing Eyecare offers Ophthalmic Equipment and Equipment Repairs.
How many acquisitions has Advancing Eyecare made?
Advancing Eyecare has made 6 acquisitions, including Birmingham Optical, Eyefficient, and Ophthalmic Instruments.
Who are Advancing Eyecare's investors?
Advancing Eyecare has 2 investors. Key investors include Harvest Partners, and Cornell Capital.
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