SynergEyes

Carlsbad, United States Founded: 2001 • Age: 25 yrs Acquired By CooperVision
Hybrid contact lense manufacturers

About SynergEyes

SynergEyes is a company based in Carlsbad (United States) founded in 2001 was acquired by CooperVision in November 2022.. SynergEyes has raised $48.39 million across 7 funding rounds from investors including Windward, Oxford Finance and Pacific Mercantile Bank. The company has 99 employees as of December 31, 2022. SynergEyes offers products and services including SynergEyes iD, Duette, UltraHealth, SynergEyes VS, and ClearKone. SynergEyes operates in a competitive market with competitors including Laclarée, Azalea Vision, Nexis Vision, Pixieray and ABH Optics, among others.

  • Headquarter Carlsbad, United States
  • Employees 99 as on 31 Dec, 2022
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Synergeyes Inc
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $48.39 M (USD)

    in 7 rounds

  • Latest Funding Round
    $4 M (USD), Debt – Conventional

    Dec 07, 2018

  • Investors
    Windward

    & 9 more

  • Employee Count
    99

    as on Dec 31, 2022

  • Acquired by
    CooperVision

    (Nov 04, 2022)

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Products & Services of SynergEyes

SynergEyes offers a comprehensive portfolio of products and services, including SynergEyes iD, Duette, UltraHealth, SynergEyes VS, and ClearKone. 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.

Primary

Designed for clear vision in single and multifocal options.

Corrects astigmatic vision with comfort and precision.

Addresses keratoconus for improved visual clarity.

Provides multifocal options based on eye anatomy.

Offers support for irregular corneas and vision issues.

Funding Insights of SynergEyes

SynergEyes has successfully raised a total of $48.39M across 7 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $4 million completed in December 2018. 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 Rounds 7
  • Last Round Debt – Conventional — $4.0M
  • First Round

    (01 Jun 2004)

  • Investors Count 9
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2018 Amount Debt – Conventional - SynergEyes Valuation

investors

Feb, 2017 Amount Series C - SynergEyes Valuation

investors

Jan, 2015 Amount Series C - SynergEyes Valuation

investors

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 SynergEyes

SynergEyes has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Windward, Oxford Finance and Pacific Mercantile Bank. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture debt firm focused on the life sciences sector
Founded Year Domain Location
-
Founded Year Domain Location
Early stage venture capital firm investing in the US
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 SynergEyes

Investments
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 - SynergEyes

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Synergeyes Comparisons

Employees
+
Add Comparison
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Competitors of SynergEyes

SynergEyes 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 Laclarée, Azalea Vision, Nexis Vision, Pixieray and ABH Optics, 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
Eye-wear solutions for presbyopia correction are developed using liquid refraction.
domain founded_year HQ Location
Developer of technology for people with high light sensitivity and ocular disorders
domain founded_year HQ Location
Ocular lens and surface technologies for ophthalmic devices are developed.
domain founded_year HQ Location
Adaptive optical eyeglasses technology is developed for lens adjustment.
domain founded_year HQ Location
Developer of lightweight eyeglass lenses
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.

Frequently Asked Questions about SynergEyes

When was SynergEyes founded?

SynergEyes was founded in 2001 and raised its 1st funding round 3 years after it was founded.

Where is SynergEyes located?

SynergEyes is headquartered in Carlsbad, United States. It is registered at Carlsbad, California, United States.

Is SynergEyes a funded company?

SynergEyes is a funded company, having raised a total of $48.39M across 7 funding rounds to date. The company's 1st funding round was a Series C of $1.96M, raised on Jun 01, 2004.

How many employees does SynergEyes have?

As of Dec 31, 2022, the latest employee count at SynergEyes is 99.

What does SynergEyes do?

SynergEyes markets and manufactures hybrid contact lenses that combine visual acuity of a GP lens with the comfort of a soft lens for Astigmatism, Presbyopia and Keratoconus. Its flagship products include- Duette and UltraHealth, silicone hydrogel hybrid contact lens. Other FDA-approved lenses include ClearKone for keratoconus, SynergEyes Multifocal for presbyopia and SynergEyes PS for post-surgery and post-trauma refractive errors. The company provides these products directly to eye care professionals.

Who are the top competitors of SynergEyes?

SynergEyes's top competitors include Azalea Vision, Neurolens and Laclarée.

What products or services does SynergEyes offer?

SynergEyes offers SynergEyes iD, Duette, UltraHealth, SynergEyes VS, and ClearKone.

Who are SynergEyes's investors?

SynergEyes has 10 investors. Key investors include Windward, Oxford Finance, Pacific Mercantile Bank, De Novo Ventures, and Alloy Ventures.

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