Warby Parker Files Confidentially for IPO

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.