About Envision
Envision is a company based in Delft (Netherlands) founded in 2017 by Karthik Mahadevan and Karthik Kannan. It operates as a AI-as-a-Service, and Direct-to-Consumer (D2C). Envision has raised $2.11 million across 3 funding rounds from investors including ABN AMRO, EIT Health and 4impact. Envision offers products and services including Envision Glasses, Envision App, and Envision Companion. Envision operates in a competitive market with competitors including eSight, .lumen, NuEyes, EnChroma and IrisVision, among others.
- Headquarter Delft, Netherlands
- Founders Karthik Mahadevan, Karthik Kannan
-
Sectors
HealthcareTechnology
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$2.11 M (USD)
in 3 rounds
-
Latest Funding Round
$1.82 M (USD), Seed
May 18, 2021
-
Investors
ABN AMRO
& 3 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Envision
Envision offers a comprehensive portfolio of products and services, including Envision Glasses, Envision App, and Envision Companion. 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.
Smartglasses providing visual information access through speech technology.
App converting visual data into speech for accessibility.
Service enabling hands-free video calls for assistance.
Unlock access to complete
Funding Insights of Envision
Envision has successfully raised a total of $2.11M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.82 million completed in May 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 Funding
- Total Rounds 3
- Last Round Seed — $1.8M
-
First Round
First Round
(05 Mar 2019)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2021 | Amount | Seed - Envision | Valuation |
investors |
|
| Jul, 2019 | Amount | Grant - Envision | Valuation |
investors |
|
| Mar, 2019 | Amount | Seed - Envision | Valuation | 4impact |
|
| 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 Envision
Envision has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include ABN AMRO, EIT Health and 4impact. 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 |
|---|---|---|---|---|
|
Venture capital investments are made in European tech4good startups.
|
Founded Year | Domain | Location | |
|
Impact Ventures is focused on investing in startups with measurable positive social and environmental impact.
|
Founded Year | Domain | Location | |
|
Healthcare startups are accelerated and incubated through specialized programs.
|
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 Envision
| 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 - Envision
| 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 |
Envision Comparisons
Competitors of Envision
Envision 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 eSight, .lumen, NuEyes, EnChroma and IrisVision, 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 |
Wearable glasses are provided by eSight to aid low-vision individuals.
|
|
| domain | founded_year | HQ Location |
Wearable medical device that assists and analyzes blind individuals with sight
|
|
| domain | founded_year | HQ Location |
Visual magnification aids are supplied for sight-impaired individuals.
|
|
| domain | founded_year | HQ Location |
Provider of eyewear for color blind people
|
|
| domain | founded_year | HQ Location |
Wearable technology for visually impaired individuals is 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 Envision
Frequently Asked Questions about Envision
When was Envision founded?
Envision was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Envision located?
Envision is headquartered in Delft, Netherlands. It is registered at Delft, South Holland, Netherlands.
Is Envision a funded company?
Envision is a funded company, having raised a total of $2.11M across 3 funding rounds to date. The company's 1st funding round was a Seed of $283.62K, raised on Mar 05, 2019.
What does Envision do?
Envision is dedicated to creating solutions for individuals who are blind or have low vision. The company develops wearable assistive technology and mobile applications that convert visual information into speech, enabling greater independence. Products like Envision Glasses and the Envision App are designed to assist with text recognition, object description, and real-time support through video calling. The focus is placed on empowering users by providing access to everyday visual information across various contexts.
Who are the top competitors of Envision?
Envision's top competitors include .lumen, Eye-D and IrisVision.
What products or services does Envision offer?
Envision offers Envision Glasses, Envision App, and Envision Companion.
Who are Envision's investors?
Envision has 4 investors. Key investors include ABN AMRO, EIT Health, 4impact, and Impact Ventures.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.