About Eyeco
Eyeco is a company based in Ghent (Belgium) founded in 2015 by Jelle De Smet and Paul Marchal.. Eyeco has raised $1.55 million across 1 funding round from investors including SoFi, Imec and Qbic Venture Partners. Eyeco operates in a competitive market with competitors including Neurolens, SynergEyes, Laclarée, Azalea Vision and Paragon Vision Sciences, among others.
- Headquarter Ghent, Belgium
- Founders Jelle De Smet, Paul Marchal
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.55 M (USD)
in 1 rounds
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Latest Funding Round
$1.55 M (USD), Seed
Jun 01, 2016
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Investors
SoFi
& 3 more
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Employee Count
Employee Count
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Funding Insights of Eyeco
Eyeco has successfully raised a total of $1.55M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.55 million completed in June 2016. 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 1
- Last Round Seed — $1.6M
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First Round
First Round
(01 Jun 2016)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2016 | Amount | Seed - Eyeco | Valuation |
investors |
| 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 Eyeco
Eyeco has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include SoFi, Imec and Qbic Venture Partners. 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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Venture capital fund investing in technological breakthroughs from universities.
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Founded Year | Domain | Location | |
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Tokai Optecs is engaged in manufacturing innovative ophthalmic lenses.
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Founded Year | Domain | Location | |
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Various consumer loans and financial services are offered online.
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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 Eyeco
| 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 |
Financial Statements - Eyeco
| 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 |
Eyeco Comparisons
Competitors of Eyeco
Eyeco 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 Neurolens, SynergEyes, Laclarée, Azalea Vision and Paragon Vision Sciences, 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 prescription lenses and solution for problems related to Digital Vision Syndrome
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| domain | founded_year | HQ Location |
Hybrid contact lense manufacturers
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| domain | founded_year | HQ Location |
Eye-wear solutions for presbyopia correction are developed using liquid refraction.
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| domain | founded_year | HQ Location |
Developer of technology for people with high light sensitivity and ocular disorders
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| domain | founded_year | HQ Location |
Provider of eye care products like corneal reshaping products, contact lenses & others
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| domain | founded_year | HQ Location |
Online platform providing football betting odds and expert predictions services.
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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 Eyeco
When was Eyeco founded?
Eyeco was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Eyeco located?
Eyeco is headquartered in Ghent, Belgium. It is registered at Ghent, East Flanders, Belgium.
Who is the current CEO of Eyeco?
Paul Marchal is the current CEO of Eyeco. They have also founded this company.
Is Eyeco a funded company?
Eyeco is a funded company, having raised a total of $1.55M across 1 funding round to date. The company's 1st funding round was a Seed of $1.55M, raised on Jun 01, 2016.
What does Eyeco do?
Eyeco was established in 2015 as a spin-off from imec and Ghent University in Ghent, Belgium. Focus is placed on eyewear technology, specifically digital lenses that electronically adjust vision across the entire lens surface to address presbyopia. Operations involve advancing display integration in glasses for market introduction. Funding has been secured from QBIC ARKIV, Tokai Optecs, imec, the Flemish Government, and Vlaio support.
Who are the top competitors of Eyeco?
Eyeco's top competitors include Azalea Vision, Neurolens and Laclarée.
Who are Eyeco's investors?
Eyeco has 4 investors. Key investors include SoFi, Imec, Qbic Venture Partners, and Tokai Optecs.