Warby Parker Inc.
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Warby Parker Inc. - overview
Established
2010
Location
New York, NY, US
Primary Industry
Consumer Products
About
Founded in 2010 and based in New York, US, Warby Parker Inc. , formerly known as JAND, Inc. , operates an e-commerce platform that offers designer eyewear brands for men and women. The firm provides eyeglasses, contact lenses, and sunglasses, and enables users to book an eye exam online.
In August 2020, Warby Parker Inc. raised USD 120. 0 million in series G funding led by new investor D1 Capital Partners, with participation from returning investors Baillie Gifford, Durable Capital Partners, and T. Rowe Price.
The company has 2,759 employees as of September 2021. Warby Parker released the company's IPO in September 2021 with a deal size of USD 3,110 million and got listed on NYSE under the ticker symbol WRBY. The company designs products and develops technologies that help people see, from designer-quality prescription glasses and contacts, to eye exams and vision tests available online, at retail stores and at home of customers. The company manufactures and sells designer-quality prescription eyeglasses, sunglasses, contacts, and related accessories, such as cases for glasses and lens-cleaning kits.
The company also runs a philanthropic program through which it distributes a pair of glasses to someone in need for each pair of glasses purchased by a customer. The company generates revenue by selling designer-quality prescription glasses starting at USD 95, as well as sunglasses, contact lenses, and related accessories. It also offers eye exams, vision tests, and vision insurance. The company recorded a revenue of USD 131.
6 million in the second quarter of its 2021.
Current Investors
First Round Capital, MentorTech Ventures, SV Angel
Primary Industry
Consumer Products
Sub Industries
Accessories, Internet
Website
www.warbyparker.com
Verticals
E-commerce, Mobile Apps
Company Stage
Mature
Total Amount Raised
Subscriber access only
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