About Rayner
Rayner is a company based in Worthing (United Kingdom) founded in 1910 was acquired by CVC in June 2021.. Rayner has completed 5 acquisitions, including Moorfields Pharmaceuticals, OMIDRIA and Reper. Rayner offers products and services including IOLs, Eye Drops, and OVDs. Rayner operates in a competitive market with competitors including RxSight, Atia Vision, STAAR Surgical, Nayam Innovations and WaveTec Vision, among others.
- Headquarter Worthing, United Kingdom
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Sectors
Healthcare
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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 Rayner Intraocular Lenses Limited
- Date of Incorporation 25 Nov, 1958
- Jurisdiction WORTHING, WEST SUSSEX, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$6.22 M (USD), Debt – Conventional
Sep 17, 2019
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Investors
NatWest
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
Moorfields Pharmaceuticals
& 4 more
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Acquired by
CVC
(Jun 28, 2021)
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Products & Services of Rayner
Rayner offers a comprehensive portfolio of products and services, including IOLs, Eye Drops, and OVDs. 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.
Devices for cataract surgery and vision correction
Products for pre and post-surgical eye treatment
Substances used in eye surgeries for protection
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Sales and Marketing
30 people
Software Development Team
26 people
Leadership Team
19 people
Finance and Accounting
8 people
Senior Team
8 people
Human Resources and Administration
5 people
Head Team
4 people
Country Team
4 people
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Funding Insights of Rayner
- Total Funding Total Funding
- Total Rounds 3
- Last Round Debt – Conventional — $6.2M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Debt – Conventional - Rayner | Valuation |
investors |
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| Jun, 2017 | Amount | Debt – Conventional - Rayner | Valuation |
investors |
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| Jan, 2017 | Amount | Private Equity Round - Rayner | 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 Rayner
Rayner has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include NatWest, CVC and Phoenix Equity Partners. 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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Private equity investments are focused on UK companies.
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Founded Year | Domain | Location | |
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Mezzanine financing and equity investments are provided by CVC.
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Founded Year | Domain | Location | |
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Commercial bank
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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 Rayner
Rayner has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Moorfields Pharmaceuticals, OMIDRIA and Reper. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Ophthalmological surgical devices are developed for cataract surgery assistance.
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2014 | ||||
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Developer of surgical instruments and devices for ophthalmic surgery
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2014 | ||||
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Medication administered during cataract surgery to maintain pupil dilation.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Rayner
| 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 |
Rayner Comparisons
Competitors of Rayner
Rayner 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 RxSight, Atia Vision, STAAR Surgical, Nayam Innovations and WaveTec Vision, 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 |
Adjustable intraocular lens technology is developed using UV-sensitive macromers.
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| domain | founded_year | HQ Location |
A presbyopia-correcting intraocular lens is developed for cataract patients.
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| domain | founded_year | HQ Location |
Manufacturer of implantable lenses for the eye with companion delivery systems
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| domain | founded_year | HQ Location |
Artificial intraocular lenses for cataract treatment are developed.
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| domain | founded_year | HQ Location |
Intraoperative guidance for IOL alignment in cataract surgery is offered.
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| domain | founded_year | HQ Location |
Manufacturer of intraocular lenses and related products
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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 Rayner
Frequently Asked Questions about Rayner
When was Rayner founded?
Rayner was founded in 1910 and raised its 1st funding round 107 years after it was founded.
Where is Rayner located?
Rayner is headquartered in Worthing, United Kingdom.
What does Rayner do?
The company was founded in 1910 in Worthing, United Kingdom, and operates in the ophthalmic sector. Intraocular lenses are produced using patented technologies like Lock Roll for minimally invasive procedures. A digital platform is provided for patient-reported outcomes, alongside clinical and training programs. The portfolio encompasses IOLs, injectors, and ophthalmic drugs. Research and development efforts are focused on innovations in ophthalmic surgery.
Who are the top competitors of Rayner?
Rayner's top competitors include RxSight, Nayam Innovations and Atia Vision.
What products or services does Rayner offer?
Rayner offers IOLs, Eye Drops, and OVDs.
How many acquisitions has Rayner made?
Rayner has made 5 acquisitions, including Moorfields Pharmaceuticals, OMIDRIA, and Reper.
Who are Rayner's investors?
Rayner has 3 investors. Key investors include NatWest, CVC, and Phoenix Equity Partners.