About Vision Pros
Vision Pros is a company based in Vancouver (Canada) founded in 2009 was acquired by CloudMD in February 2021.. Vision Pros has completed 1 acquisition, including Lowest Price Contacts. Vision Pros offers products and services including Contact Lenses, Sunglasses, and Colored Contacts. Vision Pros operates in a competitive market with competitors including KITS, Coastal.com, Clearly, LensDirect and PerfectLensWorld, among others.
- Headquarter Vancouver, Canada
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Sectors
Retail
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
CloudMD
(Feb 16, 2021)
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Products & Services of Vision Pros
Vision Pros offers a comprehensive portfolio of products and services, including Contact Lenses, Sunglasses, and Colored Contacts. 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.
Range of daily, weekly, and monthly lenses for vision correction.
Fashion and protective sunglasses from various top brands.
Cosmetic lenses for style and eye enhancement purposes.
Funding Insights of Vision Pros
| 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 Vision Pros
Vision Pros has secured backing from 1 investor. Prominent investors backing the company include Kii Health. 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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Kii Health is focused on providing connected care solutions for employee wellness.
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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 Vision Pros
Vision Pros has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Lowest Price Contacts. 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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Provider of an online platform for the purchase of contact lenses
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2007 |
| 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 - Vision Pros
| 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 |
Vision Pros Comparisons
Competitors of Vision Pros
Vision Pros 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 KITS, Coastal.com, Clearly, LensDirect and PerfectLensWorld, 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 |
Online retailer offering eyewear for men and women
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| domain | founded_year | HQ Location |
Manufacturer and retailer of eyewear products
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| domain | founded_year | HQ Location |
Fashion eyewear is retailed online for men, women, and kids.
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| domain | founded_year | HQ Location |
Operates an e-commerce store for contact lenses and eyeglasses.
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| domain | founded_year | HQ Location |
Online retailer of brand-name contact lenses including daily, weekly, and monthly options.
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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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Latest news on Vision Pros
Frequently Asked Questions about Vision Pros
When was Vision Pros founded?
Vision Pros was founded in 2009.
Where is Vision Pros located?
Vision Pros is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
What does Vision Pros do?
Vision Pros is an online retailer of contact lenses and eyeglasses. It provides different types of lenses like daily, weekly, and monthly disposables, colored lenses, etc. It sources products from brands like Acuvue, Air Optix, Proclear, Pro, etc. The users need to provide the prescription while placing an order. Along with contact lenses and eyeglasses, it also provides sunglasses from brands like Tom Ford, Ray Ban, etc. It also charges an additional 3.95 insurance fee for replacements based on new prescriptions within a year and for package loss while delivery. It provides delivery services to Canada and the US and has a diverse pricing structure.
Who are the top competitors of Vision Pros?
Vision Pros's top competitors include KITS, Clearly and Coastal.com.
What products or services does Vision Pros offer?
Vision Pros offers Contact Lenses, Sunglasses, and Colored Contacts.
How many acquisitions has Vision Pros made?
Vision Pros has made 1 acquisition, including Lowest Price Contacts.
Who are Vision Pros's investors?
Vision Pros has 1 investor. Key investors include Kii Health.
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