TriEye

Svelvik, Norway Founded: 2011 • Age: 15 yrs
Multi-sports eyewear is provided by TriEye via an internet-first model.

About TriEye

TriEye is a company based in Svelvik (Norway) founded in 2011.. TriEye has raised $20 million across 2 funding rounds from investors including Intel Capital, Marius Nacht and Grove Ventures. The company has 1 employees as of December 31, 2021. TriEye offers products and services including Sport Photochromatic, Sport Standard, Sport Revo Max, Sport Dual Polarized, and Sport Dual Photochromatic.

  • Headquarter Svelvik, Norway
  • Employees 1 as on 31 Dec, 2021
  • Sectors
    Retail
    Consumer Technology Media & Entertainment
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Trieye As
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Consumer → Sports, Leisure & Outdoor
Retail → Fashion & Retail Innovation
Technology → Extended, Virtual & Augmented Reality
Media & Entertainment → Sports, Events & Attractions
Key Metrics
  • Annual Revenue
    $86.87 K (USD)
    -43
    as on Dec 31, 2021
  • Net Profit
    $-224.53 K (USD)
    -1401
    as on Dec 31, 2021
  • EBITDA
    $-204.79 K (USD)
    -831
    as on Dec 31, 2021
  • Total Equity Funding
    $20 M (USD)

    in 2 rounds

  • Latest Funding Round
    $17 M (USD), Series A

    May 28, 2019

  • Investors
  • Employee Count
    1

    as on Dec 31, 2021

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Products & Services of TriEye

TriEye offers a comprehensive portfolio of products and services, including Sport Photochromatic, Sport Standard, Sport Revo Max, Sport Dual Polarized, and Sport Dual Photochromatic. 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

Cycling glasses with photochromatic lenses and integrated mirror.

Standard cycling glasses featuring an adjustable rearview mirror.

Advanced cycling glasses with mirrored lenses for better visibility.

Rowing glasses with polarized lenses and built-in mirror.

Photochromatic rowing glasses with integrated rearview mirror.

Funding Insights of TriEye

TriEye has successfully raised a total of $20M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $17 million completed in May 2019. 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 2
  • Last Round Series A — $17.0M
  • First Round

    (01 Nov 2017)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2019 Amount Series A - TriEye Valuation Intel Capital
Nov, 2017 Amount Seed - TriEye Valuation Grove Ventures
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 TriEye

TriEye has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include Intel Capital, Marius Nacht and Grove Ventures. 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
Angel
Investor Description Founded Year Domain Location
Investment in technology startups focusing on compute, AI, and related innovations.
Founded Year Domain Location
-
Founded Year Domain Location

Marius Nacht

Co-founder of Check Point Software, prominent angel investor in tech startups.
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 TriEye

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 - TriEye

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

Trieye Comparisons

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Competitors of TriEye

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 Trieye

Frequently Asked Questions about TriEye

When was TriEye founded?

TriEye was founded in 2011 and raised its 1st funding round 6 years after it was founded.

Where is TriEye located?

TriEye is headquartered in Svelvik, Norway.

Who is the current CEO of TriEye?

Carsten Fongen is the current CEO of TriEye.

Is TriEye a funded company?

TriEye is a funded company, having raised a total of $20M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on Nov 01, 2017.

How many employees does TriEye have?

As of Dec 31, 2021, the latest employee count at TriEye is 1.

What is the annual revenue of TriEye?

Annual revenue of TriEye is $86.87K as on Dec 31, 2021.

What does TriEye do?

TriEye was founded in 2011 in Svelvik, Norway, and operates as an internet-first brand in the eyewear sector. Specialized eyewear is designed for multi-sports activities, featuring a patented integrated mirror for rear traffic monitoring, air vents for enhanced lens airflow, and rubberized nose pads for comfort. Products are targeted at men and women participating in biking, running, rowing, and similar pursuits.

What products or services does TriEye offer?

TriEye offers Sport Photochromatic, Sport Standard, Sport Revo Max, Sport Dual Polarized, and Sport Dual Photochromatic.

Who are TriEye's investors?

TriEye has 3 investors. Key investors include Intel Capital, Marius Nacht, and Grove Ventures.

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