About Pair Eyewear
Pair Eyewear is a company based in New York (United States) founded in 2017 by Nathan Kondamuri and Sophia Edelstein. It operates as a Direct-to-Consumer (D2C). Pair Eyewear has raised $148.48 million across 4 funding rounds from investors including YouTube, Norwest Venture Partners and Prysm Capital. Pair Eyewear offers products and services including Customizable Eyeglasses, Customizable Sunglasses, and Magnetic Top Frames. Pair Eyewear operates in a competitive market with competitors including Glass U, Made Eyewear and Sunglass Ville, among others.
- Headquarter New York, United States
- Founders Nathan Kondamuri, Sophia Edelstein
-
Sectors
Retail
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$148.48 M (USD)
in 4 rounds
-
Latest Funding Round
$75 M (USD), Series C
Oct 10, 2023
-
Investors
YouTube
& 16 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Pair Eyewear
Pair Eyewear offers a comprehensive portfolio of products and services, including Customizable Eyeglasses, Customizable Sunglasses, and Magnetic Top Frames. 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.
Eyeglasses are offered with customizable frames and lenses.
Sunglasses are provided with customizable frames and options.
Magnetic tops are designed for easy style changes.
Unlock access to complete
Funding Insights of Pair Eyewear
Pair Eyewear has successfully raised a total of $148.48M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $75 million completed in October 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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series C — $75.0M
-
First Round
First Round
(22 Oct 2018)
- Investors Count 17
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2023 | Amount | Series C - Pair Eyewear | Valuation | Prysm Capital | |
| Nov, 2021 | Amount | Series B - Pair Eyewear | Valuation | YouTube | |
| Apr, 2021 | Amount | Series A - Pair Eyewear | Valuation | Javelin Venture Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Pair Eyewear
Pair Eyewear has secured backing from 17 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include YouTube, Norwest Venture Partners and Prysm Capital. 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 |
|---|---|---|---|---|
|
Prysm Capital is engaged in providing growth capital to disruptive companies.
|
Founded Year | Domain | Location | |
|
Venture capital investments are offered to startups by NEA.
|
Founded Year | Domain | Location | |
|
Seed and early-stage tech investments are made in US companies.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Pair Eyewear
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Pair Eyewear
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Pair Eyewear Comparisons
Competitors of Pair Eyewear
Pair Eyewear 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 Glass U, Made Eyewear and Sunglass Ville, 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 |
Provides customizable and foldable sunglasses for everyday use.
|
|
| domain | founded_year | HQ Location |
Provider of custom eyewear options tailored to individual preferences and needs.
|
|
| domain | founded_year | HQ Location |
Sells personalized sunglasses online for weddings, parties, and business promotions.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Pair Eyewear
Frequently Asked Questions about Pair Eyewear
When was Pair Eyewear founded?
Pair Eyewear was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Pair Eyewear located?
Pair Eyewear is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Pair Eyewear?
Nathan Kondamuri is the current CEO of Pair Eyewear. They have also founded this company.
Is Pair Eyewear a funded company?
Pair Eyewear is a funded company, having raised a total of $148.48M across 4 funding rounds to date. The company's 1st funding round was a Series A of $12M, raised on Oct 22, 2018.
What does Pair Eyewear do?
Pair Eyewear is engaged in the sale of customizable eyeglasses and sunglasses. A wide range of products for women, men, and kids is offered, including base frames and magnetic top frames for style versatility. Various lens types, such as single-vision, progressives, and blue-light filtering, are provided through their Lens Lab. Collaborations with popular brands and themes like Disney and Harry Potter are featured. Products are assembled in the United States, focusing on durability and premium materials. The company operates in the consumer goods sector, targeting the eyewear market with innovative customization options.
Who are the top competitors of Pair Eyewear?
Pair Eyewear's top competitors include Glass U, Made Eyewear and Sunglass Ville.
What products or services does Pair Eyewear offer?
Pair Eyewear offers Customizable Eyeglasses, Customizable Sunglasses, and Magnetic Top Frames.
Who are Pair Eyewear's investors?
Pair Eyewear has 17 investors. Key investors include YouTube, Norwest Venture Partners, Prysm Capital, NEA, and Javelin Venture Partners.