When was Lentechs founded?

Lentechs was founded in 2017 and raised its 1st funding round within a year of its incorporation.

Where is Lentechs located?

Lentechs is headquartered in Columbus, United States.

Is Lentechs a funded company?

Lentechs is a funded company, having raised a total of $7.47M across 5 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Dec 08, 2017.

When was the latest funding round of Lentechs?

Lentechs' latest funding was a $***** Series A round on Oct 25, 2023, with participation from 4 investors.

Where does Lentechs rank among its competitors?

Lentechs ranks 2nd amongst 37 active competitors, only 1 of which is funded. Lentechs, which secured $6M in Oct, 2023.

Who are the top competitors of Lentechs?

Lentechs' top competitors include Advancing Eyecare, Lombart Instrument and US Ophthalmic. Among them, Lentechs secured the most recent funding round in October, 2023.

Lentechs - 2026 Company Profile, Funding & Competitors

Company Details

Innovative ophthalmic medical device company developing breakthrough contact lens technology. The company is dedicated to improving vision at every stage of life through innovative design and patented, first-of-its-kind soft, suspended contact lenses. These lenses are designed to deliver exceptional, glasses-like vision at all distances by utilizing the eye's natural anatomy rather than conforming to it. Unlike traditional contact lenses, the suspended design allows for free eye movement behind a rotationally-stable lens, providing the wearer with the specific prescription needed for each visual distance. The company is committed to providing vision solutions for those living with presbyopia and other vision challenges, offering a new generation of comfortable and effective contact lens technology. The company's focus on research and development is evident in its numerous patents and ongoing clinical trials. Their collaboration with leading experts in the field ensures the highest standards of quality and innovation.

Key Metrics

Founded Year

2017

Location

Columbus, United States

Stage

Series A

Total Funding

$7.47M in 5 rounds

Latest Funding Round

Series A, Oct 25, 2023, $*****

Investors

Bluestem Capital & 5 more

Ranked

2^nd among 37 active competitors

Similar Companies

INNOVA Medical Ophthalmics & 232 more

View Lentechs' full profile

Lentechs has raised a total funding of $7.47M over 5 rounds. Its first funding round was on Dec 08, 2017. Its latest funding round was a Series A round on Oct 25, 2023 for $*****. 4 investors participated in its latest round. Lentechs has 6 institutional investors.

Here is the list of recent funding rounds of Lentechs:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 25, 2023	4348208	Series A	2855663	8390468	8538966	3023722
Feb 08, 2023	5025205	Seed	8345065	6261357	7693599	3505323
Nov 16, 2021	6742816	Conventional Debt	7173256	3640494	3778994	4034261

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Top competitors of Lentechs include Advancing Eyecare, Lombart Instrument and US Ophthalmic. Here is the list of Top 10 competitors of Lentechs, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Advancing Eyecare 2019, Jacksonville (United States), Acquired	Advancing Eyecare: Comprehensive ophthalmic equipment and service solutions	-	Harvest Partners, Atlantic Street Capital	33/100
2nd	Lentechs 2017, Columbus (United States), Series A	Innovative ophthalmic medical device company developing breakthrough contact lens technology	$7.47M	Bluestem Capital, JobsOhio & 4 others	31/100
3rd	Lombart Instrument 1979, Norfolk (United States), Acquired	Internet first distributor ophthalmic equipment and supplies	-	-	30/100
4th	US Ophthalmic 2002, Doral (United States), Unfunded	Manufacturer of consumer electronics and renewable energy solutions	-	-	29/100
5th	Precision Lens 1991, Bloomington (United States), Unfunded	Distributor of eye care products	-	-	28/100
6th	Enhanced Medical Services 2007, St. Louis (United States), Acquired	Ophthalmic equipment: new, used, service, and protection for eye care	-	-	27/100
7th	Keeler 1917, Windsor (United Kingdom), Acquired	Manufacturer of ophthalmic diagnostic equipment and provider of clinical supplies	-	-	23/100
8th	Wisvis Burlington (United States), Unfunded	Distributor of contact lenses and provider of optical laboratory services	-	-	22/100
9th	Allied Vision Group 1989, Fort Lauderdale (United States), Acquired	Distributor of contact lenses and optical glasses	-	-	22/100
10th	Elan Eye Boutique 2006, Braselton (United States), Acquired	Eye wear designers for men, women, and children	-	-	22/100