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Venture Capital News: GlassesUSA.com Scoops Up $45M

2021-01-21
NEW YORK, NY, GlassesUSA.com has announced the close of $45 million in funding from Tene Investment Fund.
GlassesUSA.com, an Optimax Eyewear subsidiary, the leading online eyewear retailer in the US, has announced today the close of $45 million in funding from Tene Investment Fund.

This new funding will be used to finance the future expansion plans of the company, including a new US-based, advanced fulfillment center, R&D and expansion of customer service solutions.

GlassesUSA.com is the fastest growing, leading online eyewear retailer in the US offering a variety of high-quality designer brands and established house brands in a wide-range of styles - single vision glasses, multifocals, sunglasses, sports glasses, kids glasses, contact lenses, digital protection and more - GlassesUSA.com was built on the belief that purchasing eyewear shouldn't break the bank and is on a mission to change the way consumers purchase eyewear. As a disruptor in the eyewear category, GlassesUSA.com continues to innovate the industry with tools that further the brand's mission, including their proprietary Prescription Scanner App, which extracts current prescription from any pair of glasses and their AR Virtual Mirror, which enables consumers to see how the frames will look on them from the comfort of their home. The online retailer has been recognized by Internet Retailer and Inc. 5000 as a category leader and Best Online Shops 2021 by Newsweek. For more information, please visit www.glassesusa.com, www.facebook.com/glassesusa, and www.instagram.com/glassesusa.
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