EnChroma

Berkeley, United States Founded: 2010 • Age: 16 yrs
Provider of eyewear for color blind people
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About EnChroma

EnChroma is a company based in Berkeley (United States) founded in 2010.. EnChroma has raised $1.28 million across 5 funding rounds from investors including National Science Foundation. EnChroma offers products and services including Tilden Glasses, Ellis Glasses, Clip Ons, Color Blind Test, and Polarized Glasses. EnChroma operates in a competitive market with competitors including XREAL, Magic Leap, Vuzix, RealWear and Freedom Scientific, among others.

  • Headquarter Berkeley, United States
  • Sectors
    Healthcare
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Technology → Extended, Virtual & Augmented Reality
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.28 M (USD)

    in 5 rounds

  • Latest Funding Round
    $275 K (USD), Grant

    May 01, 2024

  • Investors
  • Employee Count
    Employee Count
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Products & Services of EnChroma

EnChroma offers a comprehensive portfolio of products and services, including Tilden Glasses, Ellis Glasses, Clip Ons, Color Blind Test, and Polarized Glasses. 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

Outdoor sunglasses designed to improve color vision for color blind users.

Indoor glasses enhancing color perception for everyday activities.

Attachable lenses that add color enhancement to existing eyewear.

Online test to identify and assess types of color blindness.

Sunglasses with polarization for reduced glare and better colors.

People of EnChroma
Headcount 10-50
Employee Profiles 5
Board Members and Advisors 3
Employee Profiles
People
Erik Ritchie
CEO
People
Don Mcpherson
Chief Science Officer, Co-Founder & Inventor
People
Cecilia Gerosa
Marketing Manager
People
Michael Bolkenius
Public Relations Communication

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Board Members and Advisors
people
Bob Dykes
Chairman Of The Board
people
F. Peter Cuneo
Board Member
people
Nagesh Rao
Board Member

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Funding Insights of EnChroma

EnChroma has successfully raised a total of $1.28M across 5 strategic funding rounds. The most recent funding activity was a Grant round of $275 thousand completed in May 2024. 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 5
  • Last Round Grant — $275,000
  • First Round

    (06 Jan 2011)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2024 Amount Grant - EnChroma Valuation

investors

Mar, 2013 Amount Series B - EnChroma Valuation

investors

Jun, 2012 Amount Debt – Conventional - EnChroma 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 EnChroma

EnChroma has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include National Science Foundation. 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
Institutional
Investor Description 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 EnChroma

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

Financial Statements - EnChroma

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

Enchroma Comparisons

Employees
+
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Competitors of EnChroma

EnChroma 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 XREAL, Magic Leap, Vuzix, RealWear and Freedom Scientific, 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
Augmented-reality smart eyewear is offered by XREAL for device compatibility.
domain founded_year HQ Location
Head-mounted virtual retinal displays for augmented reality viewing are provided.
domain founded_year HQ Location
Smart glasses are provided for remote support and teleconferencing.
domain founded_year HQ Location
Provider of wearable heads-up display for industrial workers
domain founded_year HQ Location
Assistive technology products for visually impaired individuals are supplied.
domain founded_year HQ Location
Smart glasses and eyewear are offered via an internet-first model.
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 Enchroma

Frequently Asked Questions about EnChroma

When was EnChroma founded?

EnChroma was founded in 2010 and raised its 1st funding round 1 year after it was founded.

Where is EnChroma located?

EnChroma is headquartered in Berkeley, United States. It is registered at Berkeley, California, United States.

Is EnChroma a funded company?

EnChroma is a funded company, having raised a total of $1.28M across 5 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $200K, raised on Jan 06, 2011.

What does EnChroma do?

EnChroma was founded in 2010 in Berkeley, United States, within the eyewear and medical device sector. Lenses that correct color blindness are developed and offered by the company, available in variants for indoor and outdoor use. Operations focus on improving color perception for affected populations through specialized eyewear technology. Distribution occurs primarily via online channels and select retailers in the United States.

Who are the top competitors of EnChroma?

EnChroma's top competitors include RealWear, XREAL and Lucyd.

What products or services does EnChroma offer?

EnChroma offers Tilden Glasses, Ellis Glasses, Clip Ons, Color Blind Test, and Polarized Glasses.

Who are EnChroma's investors?

EnChroma has 1 investor. Key investors include National Science Foundation.

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