Glasses Direct - About the company
Glasses Direct is a series B company based in Swindon (United Kingdom), founded in 2004 by James Murray Wells. It operates as a Frames and Glasses Store. Glasses Direct has raised $13M in funding from Acton Capital. The company has 36 active competitors, including 5 funded and 2 that have exited. Its top competitors include companies like Bloobloom, SunGod and Waterhaul.
Company Details
Glasses Direct is one of Europe’s leading online prescription glasses retailer. It offers glasses for men and women. In addition to prescription glasses, it also offers prescription sunglasses - all of their glasses online can be made into prescription sunglasses. The company is part of the Prescription Eyewear group which also owns myOptique.com, SunglassesShop.com and LensOn.com.
- Website
- www.glassesdirect.co.uk/
Key Metrics
Founded Year
2004
Location
Swindon, United Kingdom
Stage
Series B
Total Funding
$13M in 1 round
Latest Funding Round
Investors
Ranked
3rd among 36 active competitors
Annual Revenue
£10M - £50M as on Dec 31, 2022
Employee Count
47 as on Aug 31, 2026
Investment & Acquisitions
Legal entities associated with Glasses Direct
Glasses Direct is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MYOPTIQUE GROUP LTD CIN: 5139004 , Germany, Active | May 26, 2004 | £10M - £50M (As on Dec 31, 2022) | 61 (As on Dec 31, 2023) |
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Glasses Direct's funding and investors
Glasses Direct has raised a total funding of $13M over 1 round. Its latest funding round was a Series B round on Apr 21, 2009 for $*****. 3 investors participated in its latest round. Glasses Direct has 4 institutional investors.
Here is the list of recent funding rounds of Glasses Direct:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 21, 2009 | 5872398 | Series B | 7420383 | 9331767 | 1681984 | 9748289 |
View details of Glasses Direct's funding rounds and investors
Glasses Direct's founders and board of directors
Founder? Claim ProfileThe founders of Glasses Direct is James Murray Wells.
Here are the details of Glasses Direct's key team members:
- James Murray Wells: Founder of Glasses Direct.
- Kevin Cornils: CEO of Glasses Direct. They serve on the board of 1 company.
Glasses Direct's Board of Directors
Glasses Direct's board has 6 active members. Barnaby James Streeting and Thomas Sylvain Claude Brochier are part of team and Bernhard Nuesser, Alessandro Cobelli, Eric Pierre Antoine Martinet and Michal Fusi are independent board members.Here is the list of Glasses Direct's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
x{oqiyw | Team | - | Current | 1y 7m |
lsinvnk | Team | - | Current | 5y 1m |
txoaqps | Team | - | Past | 3y 1m |
ot{lmvv | Team | - | Past | 4y 4m |
hympp{y | Team | - | Past | 1y 6m |
Independent board member | - | Current | 8y 9m | |
ptsgynw | Independent board member | - | Current | 1y 1m |
fhrrihc | Independent board member | - | Current | 5y 6m |
tjbeevs | Independent board member | - | Current | 1y 6m |
masqzpq | Independent board member | - | Past | 9y 9m |
yicljlt | Independent board member | - | Past | 4y 2m |
pcnvcoc | Independent board member | - | Past | 8y 8m |
iqenktf | Independent board member | - | Past | 3y 7m |
efstuon | Independent board member | - | Past | 6y 7m |
uchlzym | Independent board member | - | Past | 1y 4m |
aphxirm | Independent board member | - | Past | 4y 2m |
vigajke | Independent board member | - | Past | 8y 8m |
pcxdrdw | Independent board member | - | Past | 7y 8m |
omrab{b | Independent board member | - | Past | 8y 9m |
feclwnt | Independent board member | - | Past | 7y 9m |
dxbzoza | Independent board member | - | Past | 8y 1m |
l{{ztwk | Independent board member | - | Past | 6y 3m |
lqlmhhr | Independent board member | - | Past | 9y 7m |
sz{mcfr | Independent board member | - | Past | 2y 4m |
iawtgfy | Independent board member | - | Past | 2y 4m |
View details of Glasses Direct's Founder profiles and Board Members
Glasses Direct's employee count trend
Glasses Direct has 47 employees as of Aug 26. Here is Glasses Direct's employee count trend over the years:
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Glasses Direct's Competitors and alternates
Top competitors of Glasses Direct include Bloobloom, SunGod and Waterhaul. Here is the list of Top 10 competitors of Glasses Direct, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Bloobloom 2017, London (United Kingdom), Series B | Online internet first brand offering handcrafted eyewear | $8.02M | 52/100 | |
2nd | SunGod 2013, London (United Kingdom), Series A | Online retailer of performance eyewear, goggles, and related accessories | $8.93M | 39/100 | |
3rd | Glasses Direct 2004, Swindon (United Kingdom), Series B | Frames and Glasses Store | $13M | 37/100 | |
4th | Waterhaul 2018, Newquay (United Kingdom), Seed | Internet first brand offering sustainable products | $1.94M | 35/100 | |
5th | Eyejusters 2010, Oxford (United Kingdom), Seed | Private label brand of adjustable focus reading glasses | $3.59M | 31/100 | |
6th | ![]() Jeepers Peepers London (United Kingdom), Unfunded | Retailer of fashion sunglasses with various frame and lens options | - | - | 28/100 |
7th | Atlas Sunglasses 2018, London (United Kingdom), Unfunded | Brand of sunglasses | - | - | 28/100 |
8th | Coral Eyewear 2019, Norwich (United Kingdom), Unfunded | Internet first brand for recycled eyewear | - | - | 28/100 |
9th | Flame Lily 2007, Aylesbury (United Kingdom), Unfunded | Internet first brand offering eyewear | - | - | 25/100 |
10th | Tens 2014, Edinburgh (United Kingdom), Acquired | Online retailer of sunglasses and apparel with various lens options | - | - | 25/100 |
Looking for more details on Glasses Direct's competitors? Click here to see the top ones
Glasses Direct's Investments and acquisitions
Glasses Direct has acquired LensOn. Glasses Direct has not made any investments as of now.Reports related to Glasses Direct
Here is the latest report on Glasses Direct's sector:
News related to Glasses Direct
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