When was LensAR founded?

LensAR was founded in 2004 and raised its 1st funding round 5 years after it was founded.

Where is LensAR located?

LensAR is headquartered in Orlando, United States.

How many employees does LensAR have?

As of Sep 30, 2026, the latest employee count at LensAR is 163.

Is LensAR a funded company?

LensAR is a funded company, having raised a total of $99M across 14 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Aug 19, 2009.

When was the latest funding round of LensAR?

LensAR's latest funding was a $***** Post IPO round on May 25, 2023, with participation from 0 investor. Its primary sector is Healthcare IT. In United States, the Healthcare IT sector has seen $6.71B in funding in 2026 to date.

What is the annual revenue of LensAR?

Annual revenue of LensAR is between $50M and $100M as on Dec 31, 2025

Where does LensAR rank among its competitors?

LensAR ranks 3rd amongst 266 active competitors, of which 92 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Sonavex, which secured $3.1M in Jul, 2026.

Who are the top competitors of LensAR?

LensAR's top competitors include ClearPoint Neuro, Augmedics and Brainlab. Among them, Sonavex secured the most recent funding round in July, 2026.

LensAR - 2026 Company Profile, Team, Funding, Competitors & Financials

LensAR is an acquired company based in Orlando (United States), founded in 2004 by Randy Frey. It operates as a Laser Technology with AR feature for cataract surgery. LensAR has raised $99M in funding from Florida Growth Capital and Aisling Capital. The company has 266 active competitors, including 92 funded and 35 that have exited. Its top competitors include companies like ClearPoint Neuro, Augmedics and Brainlab.

Company Details

LensAR, is a leader in the development and commercialization of next-generation laser and advanced 3D imaging technology for refractive cataract surgery. The company product LensAR Laser System has been cleared by the FDA for anterior capsulotomy and lens fragmentation.

Website: lensar.com
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Phone Number: +1 **********

Key Metrics

Founded Year

2004

Location

Orlando, United States

Stage

Acquired

Total Funding

$99M in 14 rounds

Latest Funding Round

Post IPO, May 25, 2023, $*****

Investors

Florida Growth Capital & 4 more

Ranked

3^rd among 266 active competitors

Annual Revenue

$50M - $100M as on Dec 31, 2025

Employee Count

163 as on Sep 30, 2026

Similar Companies

AVATAR MEDICAL & 94 more

Exit Details

Acquired by Alcon (Mar 28, 2025)

View LensAR's full profile

LensAR is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
LENSAR, INC. CIN: 1320350 , United States, Active	Aug 19, 2004	$50M - $100M (As on Dec 31, 2025)	-	-
LENSAR INC CIN: 320125724 , United States, Active	Dec 31, 1999	-	140 (As on Dec 31, 2024)	-

LensAR got acquired by Alcon on Mar 28, 2025.

Click here to take a look at LensAR's acquisition in detail

LensAR has raised a total funding of $99M over 14 rounds. Its first funding round was on Aug 19, 2009. LensAR has 5 institutional investors.

Here is the list of recent funding rounds of LensAR:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 25, 2023	2408982	Post IPO	5529301	6925093	9682036	5493480
Jan 14, 2015	8927428	Series D	1164496	3817433	3793678	8040739
Jan 08, 2014	8815763	Series C	4302994	8696419	7037490	5936999

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View details of LensAR's funding rounds and investors

The founders of LensAR is Randy Frey.

Here are the details of LensAR's key team members:

Randy Frey: Former Founder of LensAR.
Nick Curtis: CEO of LensAR.

View details of LensAR's Founder profiles and Board Members

LensAR's employee count trend

LensAR has 163 employees as of Sep 26. Here is LensAR's employee count trend over the years:

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Top competitors of LensAR include ClearPoint Neuro, Augmedics and Brainlab. Here is the list of Top 10 competitors of LensAR, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	ClearPoint Neuro 1998, Irvine (United States), Public	Developer of MRI-guided stereotactic system for neurological interventions	$33.7M	Oberland Capital, Collage Venture Partners ... & 5 others	66/100
2nd	Augmedics 2014, Arlington Heights (United States), Series D	Developer of augmented reality navigation systems for spine surgical procedures	$143M	Terra Venture Partners, H.I.G. Capital & 14 others	66/100
3rd	LensAR 2004, Orlando (United States), Acquired	Laser Technology with AR feature for cataract surgery	$99M	Aisling Capital, Oxford Finance & 3 others	65/100
4th	Brainlab 1989, Munich (Germany), Series A	Manufacturer of digital hardware and software for surgical medical procedures	$7.3M	Intel Capital, EMH Partners & 2 others	65/100
5th	Elucent Medical 2014, Eden Prairie (United States), Series C	Developer of surgical guidance technology and smart surgical tools	$49.7M	Vensana Capital, RC Capital & 9 others	64/100
6th	Intellijoint 2010, Kitchener (Canada), Series A	Provider of comprehensive business consulting and professional services	$24.7M	MaRS IAF, FedDev Ontario & 9 others	62/100
7th	HRS Navigation 2015, Bengaluru (India), Seed	Manufacturer of surgical navigation systems for cranial, spinal, and ENT surgeries	$7.58M	Gujarat Venture Finance, Inflection Point Ventures ... & 11 others	61/100
8th	Aveta System 2016, San Jose (United States), Series A	Manufacturer of hysteroscopy for operating rooms	$23M	Deerfield, ShangBay Capital & 2 others	57/100
9th	Sonavex 2013, Baltimore (United States), Series A	Provider of ultrasound based imaging for Intraoperative detection of anastomotic blood clots	$33.6M	GSVP, TEDCO & 24 others	57/100
10th	AVATAR MEDICAL 2020, Paris (France), Seed	Provider of a virtual reality assistant for surgeons	$5.39M	GO CAPITAL, Acorn Pacific Ventures & 7 others	57/100