NEWARK, CA — EyeQue, a provider of home vision testing, announced that it has raised $11.2 million in a new round from existing investors.
The company's technology allows people to test their vision, check whether they need vision correction and use the results to order eyeglasses online. The Series B investment brings the total equity raised to $16.2 million.
“At-home vision testing has the potential to dramatically improve the well-being of millions of people worldwide,” said Tibor Laczay, co-founder and CEO of EyeQue. “Over 2.5 billion people across the globe need glasses and don’t have them – whether they don’t have access to solutions, can’t afford them, or may not even realize their vision is impaired due to lack of healthcare services. At-home vision testing is more necessary than ever, and this round of financing will enable us to further pursue our dream of making vision care accessible and affordable to everyone.”
Founded in 2015 by Tibor Láczay and John Serri, EyeQue has developed the Insight and the Personal Vision Tracker, leveraging patented processing algorithms and optical technologies that present test results and track vision changes over time. The devices are currently available and sold directly to consumers.
"We’ve challenged people to think differently about vision care and to take an active role in their eye health by introducing the world’s first smartphone enabled at-home vision tests," said John Serri, co-founder and CTO of EyeQue. "With our first-generation products, we’ve provided a way for people to test their vision, track changes, and even order new eyeglasses with their result. With this infusion of capital, we will accelerate product development, service enhancements, and product launches."
Dr. William H. Robinson, professor of medicine at Stanford University, has joined EyeQue’s board of directors.