Brillen.de

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Brillen.de - overview

Established

2012

Location

-, -, Germany

Primary Industry

Healthcare Specialists

About

Brillen. de is a German online retailer specializing in affordable eyewear products, offering a diverse range of optical solutions from basic glasses to advanced lens technologies. Founded in 2012, Brillen. de operates in Germany, focusing on providing accessible eyewear solutions.


The company was established by Daniel Thung, who has a history of entrepreneurship. In October 2022, Brillen. de raised EUR 45. 00 mn in a SERIES B funding round led by TCV, bringing the total amount raised to EUR 45.


00 mn. Brillen. de specializes in providing a wide range of eyewear products at discounted prices, making optical care accessible to a broader audience. The company’s core offerings include complete glasses tailored to individual prescriptions, starting as low as EUR 9, as well as high-end designer frames and advanced lens technology.


These products cater to various customer needs, from standard vision correction to more complex requirements like progressive lenses. Brillen. de operates across Germany, serving everyday consumers seeking affordable eyewear and individuals with specialized optical needs. The company emphasizes customer satisfaction by offering free modern eye tests and consultations to ensure informed purchasing decisions.


Brillen. de plans to expand its product offerings and enter new markets. The company is working on upcoming eyewear designs that are set to launch in 2023. Targeted geographic expansions include increasing their reach to neighboring European countries by late 2024.


The recent funding raised in October 2022 will support these initiatives by enhancing product development and market penetration strategies.


Current Investors

TCV, Lennertz

Primary Industry

Healthcare Specialists

Sub Industries

Optometrists & Opticians Products and Services

Website

www.brillen.de

Verticals

E-commerce

Company Stage

Series B

Total Amount Raised

Subscriber access only

Brillen.de - timeline of key events

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Brillen.de - financials

Fiscal Year EndedDec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022
Revenue (USD)59,679,230.477,779,30087,850,000118,638,000---
% Revenue Growth (YoY)-30.3%12.9%35.0%---
EBITDA (USD)(4,193,535.6)(5,068,700)550,0005,092,000---
Operating Income (USD)(4,773,915.1)(5,917,000)(344,000)3,967,000---
Operating Margin(8.0%)(7.6%)(0.4%)3.3%---
% EBITDA Margin(7.0%)(6.5%)0.6%4.3%---
NET Income (USD)(3,697,696.4)(6,299,500)(653,000)3,414,000---
% Net Margin(6.2%)(8.1%)(0.7%)2.9%---

Brillen.de - employee data

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