About Warby Parker
Warby Parker is a company based in New York (United States) founded in 2010.. Warby Parker has raised $572.57 million across 9 funding rounds from investors including T. Rowe Price, Baillie Gifford and Lerer Hippeau. The company has 3,780 employees as of December 31, 2024. Warby Parker operates in a competitive market with competitors including Zenni Optical, Ben & Frank, Vooglam, Zeelool and Blenders Eyewear, among others.
- Headquarter New York, United States
- Employees 3780 as on 31 Dec, 2024
- Stage Public
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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
*********
- Legal Name Warby Parker Inc.
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Annual Revenue
$771.32 M15.16as on Dec 31, 2024
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Net Profit
$-20.39 M67.74as on Dec 31, 2024
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EBITDA
$15.75 M147.1as on Dec 31, 2024
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Total Equity Funding
$572.57 M (USD)
in 9 rounds
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Latest Funding Round
$245 M (USD), Series F
Aug 27, 2020
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Investors
T. Rowe Price
& 16 more
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Employee Count
3780
as on Dec 31, 2024
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IPO & Listings of Warby Parker
Warby Parker is a publicly listed company on the NYSE with ticker symbol WRBY in USA, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Software Development Team
36 people
Leadership Team
27 people
Product Management Team
25 people
Human Resources and Administration
14 people
Optical Team
11 people
Senior Team
10 people
Licensed Team
7 people
Customer Team
6 people
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Funding Insights of Warby Parker
Warby Parker has successfully raised a total of $572.57M across 9 strategic funding rounds. The most recent funding activity was a Series F round of $245 million completed in August 2020. 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 9
- Last Round Series F — $245.0M
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First Round
First Round
(03 Nov 2010)
- Investors Count 17
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2020 | Amount | Series F - Warby Parker | Valuation | Baillie Gifford , Durable Capital Partners | |
| Mar, 2018 | Amount | Series E - Warby Parker | Valuation | T. Rowe Price |
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| May, 2015 | Amount | Series D - Warby Parker | Valuation | T. Rowe Price |
| 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 Warby Parker
Warby Parker has secured backing from 17 investors, including institutional and venture fund investors. Prominent investors backing the company include T. Rowe Price, Baillie Gifford and Lerer Hippeau. 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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Investment management services are offered by Durable Capital Partners.
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Founded Year | Domain | Location | |
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Investment and transformation services for entrepreneurs in technology and finance sectors.
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Founded Year | Domain | Location | |
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Venture and private equity investments are managed with global diversification.
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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 Warby Parker
| 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 |
Financial Statements - Warby Parker
| 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 |
Warby Parker Comparisons
Competitors of Warby Parker
Warby Parker 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 Zenni Optical, Ben & Frank, Vooglam, Zeelool and Blenders Eyewear, 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 selling affordable eyeglasses, sunglasses, and contact lenses worldwide.
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| domain | founded_year | HQ Location |
Private label eyewear is designed and manufactured for brands.
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| domain | founded_year | HQ Location |
Online retailer selling eyeglasses, sunglasses, and accessories worldwide.
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| domain | founded_year | HQ Location |
Online platform for purchasing, customizing, and delivering eyeglasses and sunglasses.
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| domain | founded_year | HQ Location |
Internet-first brand offering eyewear
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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 Warby Parker
Frequently Asked Questions about Warby Parker
When was Warby Parker founded?
Warby Parker was founded in 2010.
Where is Warby Parker located?
Warby Parker is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Warby Parker a funded company?
Warby Parker is a funded company, having raised a total of $572.57M across 9 funding rounds to date. The company's 1st funding round was a Series D of $100M, raised on Nov 03, 2010.
How many employees does Warby Parker have?
As of Dec 31, 2024, the latest employee count at Warby Parker is 3,780.
What is the annual revenue of Warby Parker?
Annual revenue of Warby Parker is $771.32M as on Dec 31, 2024.
What does Warby Parker do?
Warby Parker was founded in 2010 and is based in New York, United States. Operations are conducted in the eyewear sector via an internet-first model. The product range encompasses eyeglasses, sunglasses, contact lenses, and accessories. A home-try-on program is provided to enable frame selection directly from the website. Direct-to-consumer distribution is emphasized in all activities.
Who are the top competitors of Warby Parker?
Warby Parker's top competitors include Blenders Eyewear, Felix Gray and Ben & Frank.
Is Warby Parker publicly traded?
Yes, Warby Parker is publicly traded on NYSE under the ticker symbol WRBY.
Who are Warby Parker's investors?
Warby Parker has 17 investors. Key investors include T. Rowe Price, Baillie Gifford, Lerer Hippeau, J.Crew, and Durable Capital Partners.
What is Warby Parker's ticker symbol?
The ticker symbol of Warby Parker is WRBY on NYSE.
What is Warby Parker's valuation?
The valuation of Warby Parker is $3B as of Aug 2020.
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