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Subscription Contact Lens Firm Raises $10M, Will Expand Internationally

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Europe is next.

NEW YORK — Direct-to-consumer contact lens brand Hubble has announced the close of a $10 million financing round.

The company also said it will expand into Canada.

The Series A-III financing round will aid in the startup company’s international growth plans. It was led by existing investors, including FirstMark Capital, Greycroft Partners, Founders Fund, Wildcat Capital Management and Two River.

Since launching in November 2016, Hubble “has grown at a rapid rate, acquiring tens of thousands of new subscribers” and raised more than $30 million in venture capital financing, according to a press release.

The company plans to expand into Europe over the next year.

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“When we launched Hubble 10 months ago, we only had eight employees,” said Ben Cogan, co-founder and co-CEO of Hubble. “Now we have almost 100 people working with the business, both domestically and abroad, and the business continues to grow every day. Our mission is to continue to provide affordable, quality daily contact lenses to more people in more places, and to bring our product to Canada is just the beginning.”

 

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