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To make wearing prescription and nonprescription glasses or sunglasses exciting, empowering, and playful for everyone.
Thanks to increasing screen time and device use, 40% of children need glasses compared to 20% in the 1970s. PAIR, who found their first taste of publicity through the American investment TV show Shark Tank, wants to become the leading glasses provider for this generation and is taking on the legacy players in this $140 Billion global market.
The eyewear industry is dominated by a single company, Luxottica, that has been able to keep prices artificially high, especially in the kids space. By circumventing traditional channels and designing their glasses in-house, PAIR has disrupted the industry with high-quality eyewear at reasonable prices.
PAIR considers glasses as an accessory, an opportunity to express your identity, rather than a medical device. This has driven the company towards making bold moves, including building a proprietary IP content bank through exclusive licensing deals with beloved consumer brands like the NBA and Harry Potter.
The startup is now looking to attract a broader customer base, building on the impressive success of its first full adult collection. PAIR’s razor-sharp margins and enticing brand will surely stand it in good stead in its attempts to attract even more users.
Kirsty
Company Specialist at Welcome to the Jungle
Oct 2023
$75m
SERIES C
Jun 2023
$1m
SERIES C
This company has top investors
Nathan Kondamuri
(Co-CEO)Graduated from Stanford with a degree in Mechanical Engineering. Briefly worked as a consultant before founding Pair Eyewear.
Sophie Edelstein
(Co-CEO)Graduated from Stanford University before working briefly in banking at Goldman Sachs.