About Glasses Direct
Glasses Direct is a company based in Swindon (United Kingdom) founded in 2004. Glasses Direct has raised $12.98 million across 1 funding round from investors including Highland Capital Partners, Index Ventures and Acton Capital. The company has 176 employees as of December 31, 2020. Glasses Direct has completed 1 acquisition, including LensOn. Glasses Direct offers products and services including Prescription Glasses, Sunglasses, and Varifocal Lenses. Glasses Direct operates in a competitive market with competitors including SunGod, Bloobloom, Eyejusters, Coral Eyewear and Cambridge Spectacle, among others.
- Headquarter Swindon, United Kingdom
- Employees 176 as on 31 Dec, 2020
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Sectors
Retail
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Phone
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Website
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Social
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- Legal Name Myoptique Group Ltd
- Date of Incorporation 27 May, 2004
- Jurisdiction BRISTOL, ENGLAND
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Annual Revenue
Not available
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Net Profit
-$11.33 M (USD)76as on Dec 31, 2018
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EBITDA
Not available
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Total Equity Funding
$12.98 M (USD)
in 1 rounds
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Latest Funding Round
$12.98 M (USD), Series B
Apr 21, 2009
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Investors
Highland Capital Partners
& 2 more
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Employee Count
176
as on Dec 31, 2020
- Investments & Acquisitions
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Products & Services of Glasses Direct
Glasses Direct offers a comprehensive portfolio of products and services, including Prescription Glasses, Sunglasses, and Varifocal Lenses.
Online platform for purchasing customizable prescription lenses and frames.
Selection of prescription and non-prescription sunglasses with UV protection.
Specialized lenses for vision correction available in various coatings.
Funding Insights of Glasses Direct
Glasses Direct has successfully raised a total of $12.98M through 1 strategic funding round. The most recent funding activity was a Series B round of $12.98 million completed in April 2009. 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.
Investors in Glasses Direct
Glasses Direct has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Highland Capital Partners, Index Ventures and Acton Capital.
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Venture capital investment and entrepreneur support services.
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Venture capital investments in technology startups and entrepreneurs.
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Tech-enabled companies are invested in by Acton Capital venture firm.
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Investor details for Glasses Direct
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Investments & Acquisitions by Glasses Direct
Glasses Direct has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include LensOn.
Investment portfolio details for Glasses Direct
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Contact lenses and eyewear are sold online by LensOn.
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Complete acquisition details for Glasses Direct
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Financial Statements - Glasses Direct
Detailed financials for Glasses Direct
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Glasses Direct Comparisons
Peer comparison for Glasses Direct
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Competitors of Glasses Direct
Glasses Direct 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 SunGod, Bloobloom, Eyejusters, Coral Eyewear and Cambridge Spectacle, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Internet first brand offering eyewear for men & women
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Handcrafted eyewear including glasses and sunglasses is offered online.
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Private label brand of adjustable focus reading glasses
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Internet-first brand specializing in recycled eyewear.
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Operates a direct-to-consumer brand offering high-quality eyewear for men and women.
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Detailed competitors of Glasses Direct
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Verified entity values are shown only after access is granted.
Latest news on Glasses Direct
Complete news archive for Glasses Direct
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Frequently Asked Questions about Glasses Direct
Glasses Direct was founded in 2004 and raised its 1st funding round 5 years after it was founded.
Glasses Direct is headquartered in Swindon, United Kingdom. It is registered at Swindon, Wiltshire, United Kingdom.
Glasses Direct is a funded company, having raised a total of $12.98M across 1 funding round to date.
As of Dec 31, 2020, the latest employee count at Glasses Direct is 176.
Glasses Direct was founded in 2004 and is based in Swindon, United Kingdom. Operations are conducted as an online retailer of prescription eyewear across Europe. Glasses for men and women are supplied, including options for prescription sunglasses, with all frames adaptable to prescription lenses. The company is owned by the Prescription Eyewear group, which also includes myOptique.com, SunglassesShop.com, and LensOn.com.
Glasses Direct's top competitors include SunGod, Bloobloom and Eyejusters.
Glasses Direct offers Prescription Glasses, Sunglasses, and Varifocal Lenses.
Glasses Direct has made 1 acquisition, including LensOn.
Glasses Direct has 3 investors. Key investors include Highland Capital Partners, Index Ventures, and Acton Capital.