Espansione Group

Bologna, Italy Founded: 1981 • Age: 45 yrs Acquired By EssilorLuxottica
Developer of Photobiostimulation for various medical applications
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About Espansione Group

Espansione Group is a company based in Bologna (Italy) founded in 1981 by Rodolfo Pomar was acquired by EssilorLuxottica in December 2024.. Espansione Group offers products and services including eye-light®, meibomask®, my-mask®, me-check®, and young again®. Espansione Group operates in a competitive market with competitors including Samsara Vision, Revian, Keraderm, Radiancy and Omnilux Medical, among others.

  • Headquarter Bologna, Italy
  • Founders Rodolfo Pomar
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Espansione Marketing Spa
Operational Areas
Healthcare → Healthcare Products & Supplies
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
    $8.83 M (USD)
    17
    as on Dec 31, 2023
  • Net Profit
    $1.45 M (USD)
    149
    as on Dec 31, 2023
  • EBITDA
    $2.1 M (USD)
    159
    as on Dec 31, 2023
  • Latest Funding Round
    $56.81 K (USD), Grant

    Jan 01, 2019

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    EssilorLuxottica

    (Dec 16, 2024)

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Products & Services of Espansione Group

Espansione Group offers a comprehensive portfolio of products and services, including eye-light®, meibomask®, my-mask®, me-check®, and young again®. 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

Device for treating dry AMD and eye pathologies.

Mask for managing eye conditions and treatments.

Supportive tool for eye health and therapy sessions.

Tool for eye screening and diagnostic purposes.

Device for skin and trichology treatments.

Photobiomodulation technology for medical applications.

Intense pulsed light technology for treatments.

Funding Insights of Espansione Group

  • Total Funding
  • Total Rounds 1
  • Last Round Grant — $56,808
  • First Round

    (01 Jan 2019)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2019 Amount Grant - Espansione Group 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 Espansione Group

Espansione Group has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include EssilorLuxottica and European Union. 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
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Ophthalmic lenses, frames, and sunglasses are manufactured and distributed.
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 Espansione Group

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 - Espansione Group

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

Espansione Group Comparisons

Employees
+
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Competitors of Espansione Group

Espansione Group 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 Samsara Vision, Revian, Keraderm, Radiancy and Omnilux Medical, 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
Provider of a specialty medical device company focusing on the development, manufacturing, and marketing of proprietary implantable ophthalmic devices designed to improve central vision for late-stage age-related macular degeneration (AMD) patients
domain founded_year HQ Location
Offers light-based devices for treating hair loss at home effectively.
domain founded_year HQ Location
Phototherapy devices for treating fungal nail infections are provided.
domain founded_year HQ Location
Phototherapy systems for light-based skin care are developed.
domain founded_year HQ Location
LED phototherapy systems for skin diseases are 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 Espansione Group

Frequently Asked Questions about Espansione Group

When was Espansione Group founded?

Espansione Group was founded in 1981 and raised its 1st funding round 38 years after it was founded.

Where is Espansione Group located?

Espansione Group is headquartered in Bologna, Italy. It is registered at Bologna, Emilia-romagna, Italy.

Who is the current CEO of Espansione Group?

Rodolfo Pomar is the current CEO of Espansione Group. They have also founded this company.

What is the annual revenue of Espansione Group?

Annual revenue of Espansione Group is $8.83M as on Dec 31, 2023.

What does Espansione Group do?

Espansione Group was founded in 1981 in Bologna, Italy, where medical equipment and devices are developed and marketed for applications in ophthalmology, dermatology, and dentistry. Approvals such as CE Mark, FDA, and TGA have been obtained. Operations extend to aesthetic medicine, oncology, neurosurgery, otolaryngology, trichology, pharmacy, and dental fields. Patented photobiostimulation technology, known as young Again, is utilized to enhance metabolic processes through the dermo-epidermal layer.

Who are the top competitors of Espansione Group?

Espansione Group's top competitors include Samsara Vision, Shaser and Keraderm.

What products or services does Espansione Group offer?

Espansione Group offers eye-light®, meibomask®, my-mask®, me-check®, and 3 more products and services.

Who are Espansione Group's investors?

Espansione Group has 2 investors. Key investors include EssilorLuxottica, and European Union.

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