FYidoctors

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FYidoctors - overview

Established

2008

Location

Calgary, AB, Canada

Primary Industry

Healthcare Specialists

About

FYidoctors is a Canadian company specializing in comprehensive eye care solutions, offering eye exams, eyewear, and contact lenses to enhance visual health for customers of all ages through personalized services. Founded in 2008 in Calgary, Canada, FYidoctors operates as a dedicated provider of eye care services and products. The company has not undergone significant pivots or changes in business operations since its inception. Alan Ulsifer serves as both the Founder and CEO, contributing to the company's strategic direction.


FYidoctors has been involved in 2 deals, with the most recent deal taking place on November 16, 2022. FYidoctors offers a comprehensive range of eye care products and services, primarily focusing on eye exams, eyewear, and contact lenses. Their core offerings include prescription glasses, sunglasses, and various types of contact lenses, including popular brands such as ACUVUE and Alcon. By providing customized eyewear solutions, FYidoctors aims to enhance the visual health and lifestyle of their customers, addressing issues such as myopia and dry eyes through advanced lens technology.


The company's services are designed for a broad clientele, including individuals of all ages seeking routine eye care, specialized pediatric eye exams, and solutions for specific visual needs. FYidoctors operates extensively throughout Canada, with over 270 locations, delivering both retail and clinical services directly to consumers across diverse urban and suburban markets. FYidoctors generates revenue through direct transactions with consumers, primarily via in-clinic sales and online orders for eyewear and contact lenses. The company's pricing model typically involves the sale of individual products, such as prescription glasses and contact lenses, with various promotional offers, including discounts on second pairs and premium lens options.


Transactions occur on a B2C basis, where customers can book appointments for comprehensive eye exams and subsequently purchase prescription eyewear during their visits. Additionally, the company facilitates direct insurance billing, enhancing convenience for clients utilizing their health benefits for eye care services. Revenue is further supported by exclusive partnerships with eyewear brands, allowing FYidoctors to offer a range of trademarked products tailored to meet consumer demands.


Current Investors

Functionalab Inc.

Primary Industry

Healthcare Specialists

Sub Industries

Education & Training Services, Optometrists & Opticians Products and Services

Website

www.fyidoctors.com

Company Stage

Merged

Total Amount Raised

Subscriber access only

FYidoctors - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
MergerCompletedFYidoctors-
Add-on, Trade SaleCompletedBonLook Inc.-
BuyoutCompletedFYidoctors-
Trade SaleCompletedVision Source, LP-

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FYidoctors - employee data

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FYidoctors - key contacts

NamePositionStart DateEnd DateVcardBio 
Member of the Board of DirectorsBM

BM Board Member

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