Ocutech

Chapel Hill, United States Founded: 1984 • Age: 42 yrs
Bioptic low vision aids are developed for visually impaired individuals.
Annual revenue - Latest available
Total funding $198,880 2 rounds
Employees - Tracked headcount
Investors - Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

About Ocutech

Ocutech is a company based in Chapel Hill (United States) founded in 1984. Ocutech has raised $198.88 thousand across 2 funding rounds. Ocutech offers products and services including Bioptic Telescope, SideSight, and NEO Frames. Ocutech operates in a competitive market with competitors including Freedom Scientific, NuEyes, EnChroma, Vivid Vision and Humanware, among others.

  • Headquarter Chapel Hill, United States
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Ocutech Inc.
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $198.88 K (USD)

    in 2 rounds

  • Latest Funding Round
    $48.88 K (USD), Unspecified

    Dec 20, 2023

  • Investors
    Not available
  • Employee Count
    Not available
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Products & Services of Ocutech

Ocutech offers a comprehensive portfolio of products and services, including Bioptic Telescope, SideSight, and NEO Frames.

Product name locked
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Primary

Device that magnifies vision for daily tasks and driving.

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System for improving side vision in conditions like hemianopsia.

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Multi-color frames for bioptic telescopes to enhance usability.

Funding Insights of Ocutech

Ocutech has successfully raised a total of $198.88K across 2 strategic funding rounds. The most recent funding activity was a Unspecified round of $48.88 thousand completed in December 2023. 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.

Investments & Acquisitions by Ocutech

Investments
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Investment portfolio details for Ocutech

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Financial Statements - Ocutech

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Ocutech Comparisons

Ocutech Primary company
Description
Bioptic low vision aids are developed for visually impaired ...
Location
Chapel Hill, United States
Founded Year
1984
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Ocutech

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Competitors of Ocutech

Ocutech 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 Freedom Scientific, NuEyes, EnChroma, Vivid Vision and Humanware, among others.

Company Name Domain Founded year HQ Location Description
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Assistive technology products for visually impaired individuals are supplied.
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Visual magnification aids are supplied for sight-impaired individuals.
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Provider of eyewear for color blind people
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VR games are developed for vision treatment in clinics.
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Assistive technology products for blind and low-vision individuals are supplied.
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Provider of device for visually impaired
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Detailed competitors of Ocutech

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Latest news on Ocutech

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Frequently Asked Questions about Ocutech

Ocutech was founded in 1984 and raised its 1st funding round 39 years after it was founded.

Ocutech is headquartered in Chapel Hill, United States. It is registered at Chapel Hill, North Carolina, United States.

Ocutech is a funded company, having raised a total of $198.88K across 2 funding rounds to date.

Ocutech was founded in 1984 and is located in Chapel Hill, United States. Bioptic low vision aids are developed by the company within the medical device sector. These devices, resembling miniature binoculars, enlarge images to enhance visibility for visually impaired users. Support is extended to individuals experiencing central vision loss through improved magnification capabilities. Operations focus on innovation in assistive technologies for low vision conditions.

Ocutech's top competitors include Freedom Scientific, EnChroma and TorchIt.

Ocutech offers Bioptic Telescope, SideSight, and NEO Frames.

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