Connect with us

Headlines

Warby Parker Files Confidentially for IPO

The company is valued at about $3B.

mm

Published

on

NEW YORK — Warby Parker Inc. announced that it has confidentially filed for a public listing with the U.S. Securities and Exchange Commission.

The public listing “is expected to take place after the SEC completes its review process, subject to market and other conditions,” the eyewear retailer said in a press release.

Bloomberg had reported in April that Warby Parker was mulling the possibility of an IPO. The company has recently been valued at about $3 billion. It has raised more than $530 million since its founding in 2010.

Warby Parker “raised $120 million in its most recent 2020 funding round,” CNBC reports.

The potential initial public offering would targer a higher valuation, according to Bloomberg.

The company is known as an online eyewear retailer, but Seeking Alpha noted that it operates more than 100 brick-and-mortar stores in the U.S. and Canada.

Advertisement

SPONSORED VIDEO

Turn Patients Into Loyal Eyewear Shoppers

80% of patients are browsing eyewear online, are you influencing patients online before your competition? Join thousands of practices thriving with Optify, voted the #1 optical sales tool by EyeVote. Empower your opticians to save time, increase optical revenue, and maximize your EHR data and website with a seamless optical plug-in that keeps patients buying from YOU! Now through August 31st receive a $25 UberEats® gift card when you complete a 15 min demo. Book your demo here..

Promoted Headlines

Advertisement

Advertisement

Subscribe

INVISIONMAG.COM
BULLETINS

Get the most important news and business ideas for eyecare professionals every weekday from INVISION.

Advertisement

Advertisement

Most Popular