Warby Parker is an internet-first eyewear company offering prescription glasses, sunglasses, and contact lenses through a hybrid e-commerce and retail model. Known for its home-try-on program, curated designs, and vertically integrated pricing, the company blends digital convenience with physical showrooms.
What Is Warby Parker and What Does It Do?
Warby Parker, founded in 2010 by Andrew Hunt, Dave Gilboa, and Jeffrey Raider, is a New York City–based fashion-tech eyewear company delivering designed eyewear directly to consumers.
Warby Parker employs 293 people and the company provides online and retail shopping for eyeglasses, sunglasses, contact lenses, and accessories, supported by home try-ons, fast delivery, and affordability-focused business practices.
How Much Funding Has Warby Parker Raised?
1. Series D
• Amount Raised: $100M
• Date: May 08, 2015
• Lead Investors: T. Rowe Price, General Catalyst, Tiger Global, Wellington
• Motivation: Retail expansion, scaling operations, and product development.
2. Series E
• Amount Raised: $75M
• Date: March 14, 2018
• Lead Investors: T. Rowe Price
• Motivation: Growth, omnichannel scaling, and operational investment.
3. Series F
• Amount Raised: $245M
• Date: August 27, 2020
• Lead Investors: Baillie Gifford, Durable Capital Partners, T. Rowe Price
• Motivation: Omnichannel expansion, new product categories, and broader retail rollout.
Total Funding Raised: $573 Million
Current Valuation: $3 Billion (as of August 2020)
Latest Funding Date: August 27, 2020
Key Investors
1. T. Rowe Price
• Details: A global institutional investor active in late-stage and growth-equity rounds.
• Investment Focus Areas: Consumer tech, growth equities, digital platforms.
• Notable Investments: NVIDIA, Microsoft, Apple..
2. Baillie Gifford
• Details: A long-term growth investor backing category-defining global brands.
• Investment Focus Areas: Consumer, technology, large-scale growth companies.
• Notable Investments: NVIDIA, MercadoLibre, Sea Limited..
3. Durable Capital Partners
• Details: A growth equity firm focused on scaling tech-enabled consumer businesses.
• Investment Focus Areas: Consumer platforms, enterprise-enabled consumer tech.
• Notable Investments: Figma, Duolingo, Gusto, Toast, Brex..
Where Is Warby Parker’s Headquarters?
Warby Parker is headquartered in New York City, United States, positioned at the intersection of fashion, retail, e-commerce talent, and a major consumer market supporting its expansive omnichannel strategy.
What’s Next for Warby Parker?
Warby Parker is expected to continue expanding its retail footprint, diversify into new product lines such as premium frames and contact lenses, and enhance personalization using customer data. The company will likely focus on improving unit economics, scaling its omnichannel presence, and optimizing operations to support long-term profitability.
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