About Glass U
Glass U is a company based in Philadelphia (United States) founded in 2012 by Daniel Fine. It operates as a B2C. Glass U has raised $1.1 million across 3 funding rounds from investors including Dorm Room Fund. Glass U operates in a competitive market with competitors including Made Eyewear and Sunglass Ville, among others.
- Headquarter Philadelphia, United States
- Founders Daniel Fine
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Sectors
Consumer
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Phone
*********
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Website
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Social
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- Legal Name Glass-U, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.1 M (USD)
in 3 rounds
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Latest Funding Round
$1 M (USD), Seed
Nov 22, 2017
- Investors
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Employee Count
Employee Count
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Funding Insights of Glass U
Glass U has successfully raised a total of $1.1M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in November 2017. 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 — $1.0M
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First Round
First Round
(02 Apr 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2017 | Amount | Seed - Glass U | Valuation |
investors |
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| Nov, 2015 | Amount | Debt – Conventional - Glass U | Valuation |
investors |
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| Apr, 2014 | Amount | Seed - Glass U | 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 Glass U
Glass U has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Dorm Room Fund. 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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Micro VC investments are directed toward US student-led startups.
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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 Glass U
| 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 - Glass U
| 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 |
Glass U Comparisons
Competitors of Glass U
Glass U 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 Made Eyewear and Sunglass Ville, 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 custom eyewear options tailored to individual preferences and needs.
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| domain | founded_year | HQ Location |
Sells personalized sunglasses online for weddings, parties, and business promotions.
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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 Glass U
When was Glass U founded?
Glass U was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is Glass U located?
Glass U is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.
Who is the current CEO of Glass U?
Daniel Fine is the current CEO of Glass U. They have also founded this company.
Is Glass U a funded company?
Glass U is a funded company, having raised a total of $1.1M across 3 funding rounds to date. The company's 1st funding round was a Seed of $100K, raised on Apr 02, 2014.
What does Glass U do?
Glass U provides customizable and foldable sunglasses for everyday use, focusing on producing consumer products, fashion and accessories, eyewear, and sunglasses. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of Glass U?
Glass U's top competitors include Made Eyewear and Sunglass Ville.
Who are Glass U's investors?
Glass U has 1 investor. Key investors include Dorm Room Fund.