About KITS
KITS is a company based in Blaine (United States) founded in 2002 by Joseph Thompson.. The company has 162 employees as of December 31, 2024. KITS offers products and services including Eyeglasses, Sunglasses, and Contact Lenses. KITS operates in a competitive market with competitors including Coastal.com, Clearly, LensDirect, Vision Pros and PerfectLensWorld, among others.
- Headquarter Blaine, United States
- Employees 162 as on 31 Dec, 2024
- Founders Joseph Thompson
- Stage Public
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Kits Eyecare Ltd.
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Annual Revenue
$110.75 M (USD)32.22as on Dec 31, 2024
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Net Profit
$2.17 M (USD)241.18as on Dec 31, 2024
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EBITDA
$3.77 M (USD)208.2as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
162
as on Dec 31, 2024
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IPO & Listings of KITS
KITS is a publicly listed company on the TSX with ticker symbol KITS in Canada, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of KITS
KITS offers a comprehensive portfolio of products and services, including Eyeglasses, Sunglasses, and Contact Lenses. 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.
Products for vision correction and style enhancement.
Protective eyewear for outdoor use and fashion.
Lenses for daily or extended wear to correct vision.
Funding Insights of KITS
| 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 |
Investments & Acquisitions by KITS
| 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 - KITS
| 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 |
Kits Comparisons
Competitors of KITS
KITS 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 Coastal.com, Clearly, LensDirect, Vision Pros and PerfectLensWorld, 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 |
Manufacturer and retailer of eyewear products
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| domain | founded_year | HQ Location |
Fashion eyewear is retailed online for men, women, and kids.
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| domain | founded_year | HQ Location |
Operates an e-commerce store for contact lenses and eyeglasses.
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| domain | founded_year | HQ Location |
Contact lenses and eyeglasses are retailed online by Vision Pros.
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| domain | founded_year | HQ Location |
Online retailer of brand-name contact lenses including daily, weekly, and monthly 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 Kits
Frequently Asked Questions about KITS
When was KITS founded?
KITS was founded in 2002.
Where is KITS located?
KITS is headquartered in Blaine, United States. It is registered at Blaine, Minnesota, United States.
How many employees does KITS have?
As of Dec 31, 2024, the latest employee count at KITS is 162.
What is the annual revenue of KITS?
Annual revenue of KITS is $110.75M as on Dec 31, 2024.
What does KITS do?
Online retailer offering eyewear for men and women. The product catalog includes sunglasses, eyeglasses, contact lenses, accessories, etc of different shapes, lens colors, and materials from various brands.
Who are the top competitors of KITS?
KITS's top competitors include Vision Pros, Clearly and Coastal.com.
What products or services does KITS offer?
KITS offers Eyeglasses, Sunglasses, and Contact Lenses.
Is KITS publicly traded?
Yes, KITS is publicly traded on TSX under the ticker symbol KITS.
What is KITS's ticker symbol?
The ticker symbol of KITS is KITS on TSX.
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