About Optikal Care
Optikal Care is a company based in Norcross (United States) founded in 2018 by SueAnn ll Hollowe.. Optikal Care has raised $235 thousand across 5 funding rounds from investors including Arch Grants, Capital Innovators and RevTech Labs. Optikal Care offers products and services including Contact Lens Subscription and Online Vision Test. Optikal Care operates in a competitive market with competitors including Warby Parker, 1-800 Contacts, Hubble Contacts, Zenni Optical and Ben & Frank, among others.
- Headquarter Norcross, United States
- Founders SueAnn ll Hollowe
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Sectors
RetailHealthcare
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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 Optikal Care, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$235 K (USD)
in 5 rounds
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Latest Funding Round
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Investors
Arch Grants
& 4 more
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Employee Count
Employee Count
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Products & Services of Optikal Care
Optikal Care offers a comprehensive portfolio of products and services, including Contact Lens Subscription and Online Vision Test. 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.
Delivers monthly contact lenses and supplies for affordable eye care.
Free tool to renew prescriptions conveniently online.
Funding Insights of Optikal Care
Optikal Care has successfully raised a total of $235K across 5 strategic funding rounds. 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 5
- Last Round Last Round
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First Round
First Round
(01 Jun 2019)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2022 | Amount | Seed - Optikal Care | Valuation | RevTech Labs |
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| Jun, 2022 | Amount | Seed - Optikal Care | Valuation | Jumpstart Foundry |
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| Jun, 2021 | Amount | Grant - Optikal Care | 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 Optikal Care
Optikal Care has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Arch Grants, Capital Innovators and RevTech Labs. 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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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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A 12-month accelerator program is offered to tech 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 Optikal Care
| 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 - Optikal Care
| 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 |
Optikal Care Comparisons
Competitors of Optikal Care
Optikal Care 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 Warby Parker, 1-800 Contacts, Hubble Contacts, Zenni Optical and Ben & Frank, 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 |
Internet first brand offering eyewear for men and women
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| domain | founded_year | HQ Location |
Online retail platform offering contact lenses
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| domain | founded_year | HQ Location |
Daily disposable contact lenses are provided through e-commerce subscriptions.
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| domain | founded_year | HQ Location |
Online retailer selling affordable eyeglasses, sunglasses, and contact lenses worldwide.
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| domain | founded_year | HQ Location |
Private label eyewear is designed and manufactured for brands.
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| domain | founded_year | HQ Location |
Polymer coating for intraocular lenses to facilitate tear secretion naturally
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Optikal Care
When was Optikal Care founded?
Optikal Care was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Optikal Care located?
Optikal Care is headquartered in Norcross, United States. It is registered at Norcross, Georgia, United States.
Who is the current CEO of Optikal Care?
SueAnn ll Hollowe is the current CEO of Optikal Care. They have also founded this company.
Is Optikal Care a funded company?
Optikal Care is a funded company, having raised a total of $235K across 5 funding rounds to date. The company's 1st funding round was a Grant of $50K, raised on Jun 01, 2019.
What does Optikal Care do?
Optikal Care was founded in 2018 and is based in Norcross, United States. Operations focus on the eye care sector, where customized contact lenses are offered via an online system. Prescriptions are uploaded or forms completed manually by users. Boxes are then shipped, containing lenses, eye care supplements, a contact case, and eye drops.
Who are the top competitors of Optikal Care?
Optikal Care's top competitors include Warby Parker, Tangible Science and 1-800 Contacts.
What products or services does Optikal Care offer?
Optikal Care offers Contact Lens Subscription and Online Vision Test.
Who are Optikal Care's investors?
Optikal Care has 5 investors. Key investors include Arch Grants, Capital Innovators, RevTech Labs, Jumpstart Foundry, and Boomtown Innovation.
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