When was SPY founded?

SPY was founded in 1994 and raised its 1st funding round 9 years after it was founded.

Where is SPY located?

SPY is headquartered in Carlsbad, United States. It is registered at New York, New York.

How many employees does SPY have?

As of Aug 31, 2026, the latest employee count at SPY is 313.

Is SPY a funded company?

SPY is a funded company, having raised a total of $4.65M across 6 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Nov 2003.

When was the latest funding round of SPY?

SPY's latest funding was a $***** Conventional Debt round on May 2019, with participation from 1 investor.

Where does SPY rank among its competitors?

SPY ranks 2nd amongst 19 active competitors, only 1 of which is funded., of which only Knockaround is funded and secured an undisclosed amount in Mar, 2022.

Who are the top competitors of SPY?

SPY's top competitors include Oliver Peoples, Silhouette and Knockaround. Among them, Knockaround secured the most recent funding round in March, 2022.

SPY - 2026 Company Profile, Funding & Competitors

SPY is an acquired company based in Carlsbad (United States), founded in 1994. It operates as a Designer and manufacturer of sunglasses, goggles, and snow helmets. SPY has raised $4.65M in funding. The company has 19 active competitors, including 1 funded and 3 that have exited. Its top competitors include companies like Oliver Peoples, Silhouette and Knockaround.

Company Details

Designer and manufacturer of sunglasses, goggles, and snow helmets. The company offers a variety of styles for men, women, and children, including polarized and prescription options. Product lines encompass snow goggles, motocross goggles, and snow helmets, along with accessories such as replacement lenses and cases. A key technology is the patented Happy Lens, designed to enhance color and contrast while boosting mood and alertness. The company also produces eyeglasses and blue light glasses.

Website: www.spyoptic.com/us/
Social
Email ID: *****@spyoptic.com
Phone Number: +1 **********
Registered Address: New York, New York

Key Metrics

Founded Year

1994

Location

Carlsbad, United States

Stage

Acquired

Total Funding

$4.65M in 6 rounds

Latest Funding Round

Conventional Debt, May 2019, $*****

Investors

Siena Lending Group

Ranked

2^nd among 19 active competitors

Employee Count

313 as on Aug 31, 2026

Similar Companies

EssilorLuxottica & 92 more

Exit Details

Acquired by Safilo (Apr 21, 2026)

View SPY's full profile

SPY is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Bolle Brands Inc. CIN: 650665569 , United States, Active	Dec 26, 999	-	70 (As on Dec 31, 2024)	-

SPY got acquired by Safilo on Apr 21, 2026.

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

SPY has raised a total funding of $4.65M over 6 rounds. Its first funding round was on Nov 2003. Its latest funding round was a Conventional Debt round on May 2019 for $*****. 1 investor participated in its latest round. SPY has 1 institutional investor.

Here is the list of recent funding rounds of SPY:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 2019	3037918	Conventional Debt	3659911	1390342	1001986	4438189
Oct 17, 2012	4327920	Post IPO	4674692	3050264	8948507	8321847
May 12, 2011	3379713	Post IPO	1261360	9115526	6952176	6833130

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View details of SPY's funding rounds and investors

SPY's employee count trend

SPY has 313 employees as of Aug 26. Here is SPY's employee count trend over the years:

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Top competitors of SPY include Oliver Peoples, Silhouette and Knockaround. Here is the list of Top 10 competitors of SPY, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Oliver Peoples 1987, West Hollywood (United States), Acquired	Designer and retailer of luxury eyewear	-	-	47/100
2nd	SPY 1994, Carlsbad (United States), Acquired	Designer and manufacturer of sunglasses, goggles, and snow helmets	$4.65M	Siena Lending Group	46/100
3rd	Silhouette 1982, United States, Unfunded	Online retailer of eyewear, providing optical frames and sunglasses	-	-	39/100
4th	Knockaround 2005, San Diego (United States), Seed	Brand of sunglasses	-	Axcelerate, Brand Holdings	39/100
5th	Carrera 1956, Universal City (United States), Unfunded	Designer and manufacturer of high-end sunglasses and optical frames	-	-	39/100
6th	MOSCOT 1915, New York City (United States), Unfunded	Provider of flight training, aircraft maintenance, and dispatch training	-	-	38/100
7th	L’AMY America 1996, Norwalk (United States), Unfunded	Eyewear innovator providing recognizable consumer brands with exceptional service and quality	-	-	37/100
8th	DITA 1995, Orange (United States), Acquired	Luxury eyewear brand perfecting the art of eyewear for over 30 years	-	-	28/100
9th	Dynamic Labs 1996, Ronkonkoma (United States), Unfunded	Provider of optical products like lenses, lens cleaners, nose pads, and other accessories for the optical industry	-	-	27/100
10th	Bosky 2012, Corvallis (United States), Unfunded	Sustainable eyewear crafted from wood, offering style and environmental consciousness	-	-	25/100