About GlassesUSA
GlassesUSA is a company based in New York (United States) founded in 2008.. GlassesUSA has raised $57.5 million across 2 funding rounds from investors including Tene Capital and Viola Group. GlassesUSA operates in a competitive market with competitors including Lensabl, Jetlenses, EyeBuyDirect, Glasses.com and Befitting, among others.
- Headquarter New York, United States
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$57.5 M (USD)
in 2 rounds
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Latest Funding Round
$45 M (USD), Series C
Jan 21, 2021
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Investors
Tene Capital
& 1 more
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Employee Count
Employee Count
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Product Management Team
12 people
Sales and Marketing
9 people
Leadership Team
7 people
Finance and Accounting
5 people
Software Development Team
4 people
Customer Team
4 people
Creative and Marketing Team
2 people
Assistant Team
2 people
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Funding Insights of GlassesUSA
GlassesUSA has successfully raised a total of $57.5M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $45 million completed in January 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 2
- Last Round Series C — $45.0M
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First Round
First Round
(30 Mar 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2021 | Amount | Series C - GlassesUSA | Valuation | Tene Investment Funds |
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| Mar, 2015 | Amount | Series B - GlassesUSA | 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 GlassesUSA
GlassesUSA has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Tene Capital and Viola Group. 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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Tene Capital is recognized as a leading private equity fund in Israel.
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Founded Year | Domain | Location | |
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Investments are made in early-stage technology companies globally.
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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 GlassesUSA
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - GlassesUSA
| 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 |
Glassesusa Comparisons
Competitors of GlassesUSA
GlassesUSA 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 Lensabl, Jetlenses, EyeBuyDirect, Glasses.com and Befitting, 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 |
Prescription lenses and frames are retailed online with customization options.
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| domain | founded_year | HQ Location |
Eyewear accessories are retailed online by Jetlenses.
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| domain | founded_year | HQ Location |
Online store selling prescription eyewear
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| domain | founded_year | HQ Location |
Sunglasses and prescription eyewear are sold online by Glasses.com.
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| domain | founded_year | HQ Location |
Online platform selling eyeglasses, sunglasses, and contact lenses with insurance options.
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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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Latest news on Glassesusa
Frequently Asked Questions about GlassesUSA
When was GlassesUSA founded?
GlassesUSA was founded in 2008 and raised its 1st funding round 7 years after it was founded.
Where is GlassesUSA located?
GlassesUSA is headquartered in New York, United States. It is registered at New York, New York, United States.
Is GlassesUSA a funded company?
GlassesUSA is a funded company, having raised a total of $57.5M across 2 funding rounds to date. The company's 1st funding round was a Series B of $12.5M, raised on Mar 30, 2015.
What does GlassesUSA do?
GlassesUSA was founded in 2008 and is headquartered in New York, United States. Operations focus on the online retail sector for eyewear, with a catalog featuring prescription eyeglasses, sunglasses, and contact lenses from brands such as Ray-Ban, Versace, Prada, Arnette, and Tom Ford. Products can be searched via filters for shape, lenses, brand, frame, and material. Virtual try-on functionality is provided, along with free shipping.
Who are the top competitors of GlassesUSA?
GlassesUSA's top competitors include Lensabl, Jetlenses and EyeBuyDirect.
Who are GlassesUSA's investors?
GlassesUSA has 2 investors. Key investors include Tene Capital, and Viola Group.