About Brille24
Brille24 is a company based in Oldenburg (Germany) founded in 2007 was acquired by Essilor International in February 2019.. Brille24 has raised $8.97 million across 4 funding rounds from investors including Essilor International, Time for Growth and SevenVentures. Brille24 has completed 1 acquisition, including LinsenQuelle. Brille24 offers products and services including Eyeglasses and Sunglasses. Brille24 operates in a competitive market with competitors including Mister Spex, brillen.de, NetzOptiker, Optik24Plus and Frame Punk, among others.
- Headquarter Oldenburg, Germany
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name 4Care Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8.97 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
Essilor International
& 4 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Essilor International
(Feb 11, 2019)
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Products & Services of Brille24
Brille24 offers a comprehensive portfolio of products and services, including Eyeglasses and Sunglasses. 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.
Products for vision correction and daily use
Protective eyewear against sunlight with optional lenses
Funding Insights of Brille24
Brille24 has successfully raised a total of $8.97M across 4 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Last Round
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2013 | Amount | Series B - Brille24 | Valuation | SevenVentures |
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| Sep, 2012 | Amount | Series B - Brille24 | Valuation |
investors |
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| Jul, 2011 | Amount | Series A - Brille24 | Valuation | b2venture |
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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 Brille24
Brille24 has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Essilor International, Time for Growth and SevenVentures. 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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Media investments are supported by a venture capital-backed accelerator.
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Founded Year | Domain | Location | |
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European tech investments are made by Time for Growth.
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Founded Year | Domain | Location | |
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Venture capital is provided to innovative startups by b2venture.
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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 Brille24
Brille24 has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include LinsenQuelle. 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.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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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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Eyewear and accessories are retailed online by the platform.
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0 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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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.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Brille24
| 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 |
Brille24 Comparisons
Competitors of Brille24
Brille24 operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Mister Spex, brillen.de, NetzOptiker, Optik24Plus and Frame Punk, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Branded eyewear is retailed online by Mister Spex.
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| domain | founded_year | HQ Location |
Eyewear is retailed online and through partner opticians.
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| domain | founded_year | HQ Location |
Eyeglasses, sunglasses, and contact lenses are retailed online by NetzOptiker.
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| domain | founded_year | HQ Location |
Online platform for buying eyeglasses, sunglasses, and accessories for all ages.
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| domain | founded_year | HQ Location |
Provides custom 3D printed eyewear and optometric services in Berlin.
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| domain | founded_year | HQ Location |
Online retailer selling eyeglasses, sunglasses, and accessories with expert advice and shipping.
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| 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 Brille24
When was Brille24 founded?
Brille24 was founded in 2007 and raised its 1st funding round 3 years after it was founded.
Where is Brille24 located?
Brille24 is headquartered in Oldenburg, Germany. It is registered at Oldenburg, Lower Saxony, Germany.
Is Brille24 a funded company?
Brille24 is a funded company, having raised a total of $8.97M across 4 funding rounds to date.
What does Brille24 do?
Brille24 was founded in 2007 in Oldenburg, Germany, as an online optician focused on the eyewear sector. Prescription glasses and related products are distributed through digital platforms serving German-speaking regions primarily. Approximately 800 eyewear models are available via online shops operating in Belgium, France, the Netherlands, Poland, Portugal, Spain, and the Czech Republic, with emphasis on e-commerce accessibility.
Who are the top competitors of Brille24?
Brille24's top competitors include Mister Spex, brillen.de and NetzOptiker.
What products or services does Brille24 offer?
Brille24 offers Eyeglasses and Sunglasses.
How many acquisitions has Brille24 made?
Brille24 has made 1 acquisition, including LinsenQuelle.
Who are Brille24's investors?
Brille24 has 5 investors. Key investors include Essilor International, Time for Growth, SevenVentures, b2venture, and VCDE Venture Partners.
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