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To make wearing prescription and nonprescription glasses or sunglasses exciting, empowering, and playful for everyone.
21% employee growth in 12 months
Due to increasing screen time and device use, 40% of children need glasses compared to 20% in the 1970s. Pair Eyewear, who found its 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 $140B 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 its 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, Harry Potter and Disney.
Building on its impressive success, Pair is now looking to attract a broader customer base and offer its product overseas. Its 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-Founder & Co-CEO)Graduated from Stanford with a degree in Mechanical Engineering. Previously the CEO of Copernican Solutions before co-founding Pair Eyewear in 2018.
Sophie Edelstein
(Co-Founder & Co-CEO)Graduated from Stanford University before working briefly in banking at Goldman Sachs.