Warby Parker May Soon Launch IPO, According to Report

Warby Parker is mulling the possibility of an IPO, and it could happen this year, Bloomberg reports.

The company “is in discussions with advisers on a potential listing,” according to the news outlet, which cited unnamed “people familiar with the matter.” The talks are still in an early phase.

Warby Parker has recently been valued at about $3 billion. It has raised more than $530 million since its founding in 2010.

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 notes that it operated more than 100 brick-and-mortar stores in the U.S. and Canada.