Eyewa
Founded Year
2017Stage
Private Equity | AliveTotal Raised
$29.6MMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+178 points in the past 30 days
About Eyewa
Eyewa is an omni-channel eyewear company focused on providing access to quality eyewear. The company offers a range of products including contact lenses, sunglasses, and prescription glasses, aiming to enable self-expression and confidence. Eyewa primarily serves the consumer retail sector with both online and physical store presence. It was founded in 2017 and is based in Dubai, United Arab Emirates.
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Expert Collections containing Eyewa
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Eyewa is included in 1 Expert Collection, including E-Commerce.
E-Commerce
11,045 items
Companies that sell goods online (B2C), or enable the selling of goods online via tech solutions (B2B).
Latest Eyewa News
May 18, 2024
According to the media, a Dubai-based startup company that makes eyewear has covertly raised additional capital from renowned US private equity firm General Atlantic. Although it was made earlier this year, the investment in Eyewa has not yet been made public by the company. The details of the round, such as its size and the identity of any additional investors, are not immediately apparent. The company’s most recent publicly disclosed investment round was a $21 million Series B led by Kingsway and Nuwa Capital, which it obtained in June 2021. Since then, Eyewa’s network of stores has grown significantly, reaching over 120, with almost 100 of those locations in Saudi Arabia. In Dahran, the startup launched its first store in 2021. Mehdi Oudghiri, the co-founder and co-CEO of Eyewa, told media that they expanded into retail to be as close as possible to their customers. “We started as an ecommerce company because that is where the biggest market gap was, as no one was offering high-quality and affordable eyewear products online with a good customer experience. Expanding our reach to offline will complement our strong online presence and cement our position as a leading player in the eyewear industry.” Mehdi Oudghiri and Anass Boumediene founded Eyewa in 2017. The company offers eyewear through its website, mobile apps, and retail stores, including prescription glasses, sunglasses, blue light glasses, color contact lenses, and corrective contact lenses. In addition to selling international fashion labels like Hugo, Tommy Hilfiger, and Guess, the startup also sells glasses and lenses under its own brands, Blackout, Layala, and 30Sundays. At the moment, it operates a retail store and an online store in each of the six GCC markets, selling its goods all over the region. Eyewa claims to be the biggest online retailer of eyewear in the area on its website. General Atlantic’s second investment in the area is called Eyewa. In 2018, the proptech startup Property Finder raised $120 million under the leadership of a PE firm.
Eyewa Frequently Asked Questions (FAQ)
When was Eyewa founded?
Eyewa was founded in 2017.
Where is Eyewa's headquarters?
Eyewa's headquarters is located at 4, 3A Street, Al Quoz, Dubai.
What is Eyewa's latest funding round?
Eyewa's latest funding round is Private Equity.
How much did Eyewa raise?
Eyewa raised a total of $29.6M.
Who are the investors of Eyewa?
Investors of Eyewa include General Atlantic, French Partners, Nuwa Capital, Palm Drive Capital, Endeavor and 12 more.
Who are Eyewa's competitors?
Competitors of Eyewa include Lenskart and 5 more.
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Compare Eyewa to Competitors
GlassesUSA is a leading online retailer focused on prescription eyewear and contact lenses. The company offers a wide range of eyeglasses and sunglasses with various lens options, including single vision, multifocals, and blue light protection, catering to the diverse needs of consumers. GlassesUSA also provides vision benefit plans through its B2B platform, United Vision Plan. It was founded in 2008 and is based in New York, New York.
Adasat.com specializes in premium eyewear, operating within the online retail sector. The company offers a wide range of products including prescription sunglasses, fashion sunglasses, prescription eyeglasses, and contact lenses, as well as services such as eye testing and a loyalty points program. It was founded in 2018 and is based in Dubai, United Arab Emirates.
Zenni is a company that focuses on the eyewear industry, providing affordable and fashionable prescription and protective eyewear. The company offers a wide range of products including glasses for men, women, and children, as well as specialized eyewear such as blue-light-blocking glasses, prescription and non-prescription sunglasses, flexible kids’ glasses, and safety glasses. Zenni primarily sells to consumers in need of eyewear solutions. It is based in Novato, California.
eyebobs specializes in designer eyewear, focusing on reading glasses, blue light glasses, and prescription eyewear. The company offers a variety of eyeglasses for men and women, including progressive readers, computer glasses, and sunglasses, designed to cater to different style preferences and functional needs. It was founded in 2001 and is based in Minneapolis, Minnesota.
Jimmy Fairly is a company specializing in high fashion eyewear, operating in the optical industry. They offer a range of prescription eyewear and sunglasses that are designed in Paris and handmade in Italy, available for men, women, and non-binary individuals. The company also provides optical services and a selection of eyewear accessories, while emphasizing sustainable practices and a charitable 'buy one, give one' program. It was founded in 2010 and is based in Paris, France.
Eyeron Corporation, dba Four Eyes, offers quality eyewear at the most affordable rates through its eCommerce store to the Filipino consumers. Prescription glasses, sunglasses, computer glasses can be tried at home using the company's Home Try-On feature, or through its website using the Virtual Try-On feature.
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