Clerio Vision

Rochester, United States Founded: 2014 • Age: 12 yrs
Laser induced change in refractive index

About Clerio Vision

Clerio Vision is a company based in Rochester (United States) founded in 2014.. Clerio Vision has raised $28.95 million across 8 funding rounds from investors including America’s Seed Fund, National Science Foundation and UpVentures Capital. The company has 90 employees as of December 31, 2022. Clerio Vision has completed 1 acquisition, including Hydrogel Vision. Clerio Vision offers products and services including LIRIC Technology, Contact Lenses, Intraocular Lenses, Myopia Control, and Laser Vision Correction. Clerio Vision operates in a competitive market with competitors including IntraLase, WaveLight, Technolas Perfect Vision, Xianwei Vision Technology and Kejako, among others.

  • Headquarter Rochester, United States
  • Employees 90 as on 31 Dec, 2022
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Clerio Vision, Inc.
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $28.95 M (USD)

    in 8 rounds

  • Latest Funding Round
    $8.26 M (USD), Series B

    Jan 12, 2021

  • Investors
  • Employee Count
    90

    as on Dec 31, 2022

  • Investments & Acquisitions
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Products & Services of Clerio Vision

Clerio Vision offers a comprehensive portfolio of products and services, including LIRIC Technology, Contact Lenses, Intraocular Lenses, Myopia Control, and Laser Vision Correction. 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.

Primary

Laser-induced method for enhancing optical patterns in lenses.

Advanced lenses targeting presbyopia and other vision issues.

Lenses for correcting vision problems during eye surgeries.

Techniques to slow myopia progression in patients.

Laser-based corrections for refractive errors like astigmatism.

People of Clerio Vision
Headcount 10-50
Employee Profiles 18
Board Members and Advisors 1
Employee Profiles
People
Filipp Ignatovich
VP of IOL Product Development
People
Zachary Parlet
Senior Software Developer
People
Alex Zapesochny
CEO
People
Angela Stetson
Manufacturing Quality Engineer

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Board Members and Advisors
people
Mikael Totterman
Founder, Chairman Of The Board And Chief Innovation Officer

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Funding Insights of Clerio Vision

Clerio Vision has successfully raised a total of $28.95M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $8.26 million completed in January 2021. 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 Rounds 8
  • Last Round Series B — $8.3M
  • First Round

    (13 Jan 2015)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2021 Amount Series B - Clerio Vision Valuation

investors

Jul, 2019 Amount Series B - Clerio Vision Valuation

investors

Sep, 2017 Amount Grant - Clerio Vision Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Clerio Vision

Clerio Vision has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include America’s Seed Fund, National Science Foundation and UpVentures 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital fund backed by the US Government
Founded Year Domain Location
Investments are made in technology startups by UpVentures Capital.
Founded Year Domain Location
A government-backed foundation providing seed-stage investments to support small businesses.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Clerio Vision

Clerio Vision has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Hydrogel Vision. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Personalized contact lenses are developed using ultra-hydrating materials.
1998
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Clerio Vision

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Clerio Vision Comparisons

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Competitors of Clerio Vision

Clerio Vision 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 IntraLase, WaveLight, Technolas Perfect Vision, Xianwei Vision Technology and Kejako, 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
Femtosecond laser technology is developed for eye surgery procedures.
domain founded_year HQ Location
Diagnostic and surgical technologies for vision correction are provided.
domain founded_year HQ Location
Femtosecond and excimer lasers for ophthalmology are designed and produced.
domain founded_year HQ Location
Femtosecond laser-based devices for ophthalmic myopia correction are developed.
domain founded_year HQ Location
Medical devices for ophthalmic surgery are researched and developed.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Clerio Vision

Frequently Asked Questions about Clerio Vision

When was Clerio Vision founded?

Clerio Vision was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Where is Clerio Vision located?

Clerio Vision is headquartered in Rochester, United States.

Who is the current CEO of Clerio Vision?

Alex Zapesochny is the current CEO of Clerio Vision.

Is Clerio Vision a funded company?

Clerio Vision is a funded company, having raised a total of $28.95M across 8 funding rounds to date. The company's 1st funding round was a Grant of $1.25M, raised on Jan 13, 2015.

How many employees does Clerio Vision have?

As of Dec 31, 2022, the latest employee count at Clerio Vision is 90.

What does Clerio Vision do?

Clerio Vision is developing a product for non-invasive, incision-less, tissue-sparing laser technology to modify the refractive index of the cornea and improve vision in patients with refractive errors. The procedure, called LIRIC or (laser-induced refractive index change can be used to correct both far and nearsightedness, and can also be used to adjust other more invasive treatments such as cataract or LASIK surgeries.

Who are the top competitors of Clerio Vision?

Clerio Vision's top competitors include IntraLase, WaveLight and Technolas Perfect Vision.

What products or services does Clerio Vision offer?

Clerio Vision offers LIRIC Technology, Contact Lenses, Intraocular Lenses, Myopia Control, and Laser Vision Correction.

How many acquisitions has Clerio Vision made?

Clerio Vision has made 1 acquisition, including Hydrogel Vision.

Who are Clerio Vision's investors?

Clerio Vision has 3 investors. Key investors include America’s Seed Fund, National Science Foundation, and UpVentures Capital.

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