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In March 2018, Warby Parker raised $75 million in Series E funding, making its total funding about $300 million. [17] In August 2020, Warby Parker raised $245 million in a funding round that valued the company at $3 billion. The $245 million was a combination of a Series F round and a Series G round. [18] [19]
Today, Warby Parker’s market cap sits at less than $3 billion, Allbirds is at just $65 million, and Away never went public and reportedly explored a sale last year.
Warby Parker co-CEOs Dave Gilboa and Neil Blumenthal launched their eyewear brand in business school after one of them lost a pair of glasses. Warby Parker founders on the key to their $1.8 ...
In 2019, LensCrafters founder E. Dean Butler spoke to the Los Angeles Times, admitting that Luxottica's dominance of the eyewear industry had resulted in price markups of nearly 1,000%. In the interview, Butler noted "You can get amazingly good frames, with a Warby Parker level of quality, for $4 to $8. For $15, you can get designer-quality ...
Emma Chamberlain's limited-edition collaboration with Warby Parker consists of six reimagined frames—eyeglasses and sunglasses—ranging from $95 to $145.
Warby Parker: 3 August 2020 [231] Retail United States Wefox 3 June 2021 [232] Insurance Germany Yixia Technology 3 November 2016 [139] Internet media China OVO: 2.9 March 2019 [7] Financial technology Indonesia Workrise 2.9 May 2021 [233] Workforce management: United States DriveWealth 2.85 August 2021 [234] Financial technology United States ...