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Toku Eyes - About the company

Toku Eyes is an acquired company based in Auckland (New Zealand), founded in 2018 by David Squirrell and Ehsan Vaghefi. It operates as a Developer of AI-powered retinal image analysis for early disease detection. This company offers tools that analyze retinal images to identify indicators of various health conditions, including cardiovascular risk and chronic kidney disease. The technology utilizes artificial intelligence to provide non-invasive, real-time assessments, potentially enabling earlier diagnosis and intervention. The company's products are subject to varying regulatory approvals depending on the region.. Toku Eyes has raised $10.5M in funding from investors like National Vision, Topconhealthcare and Icehouse Ventures. The company has 45 active competitors, including 8 funded and 5 that have exited. Its top competitors include companies like Cassini, Diagnostear and Konan Medical.

Company Details

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Key Metrics
Founded Year
2018
Location
Auckland, New Zealand
Stage
Acquired
Total Funding
$10.5M in 3 rounds
Latest Funding Round
Ranked
Employee Count
21 as on Jun 30, 2026
Similar Companies
Exit Details
Acquired by Topconhealthcare (Oct 17, 2025)

Toku Eyes's acquisition details

Toku Eyes got acquired by Topconhealthcare on Oct 17, 2025.
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Toku Eyes's funding and investors

Toku Eyes has raised a total funding of $10.5M over 3 rounds. Its latest funding round was a Series A round on Apr 17, 2023 for $*****. 2 investors participated in its latest round. Toku Eyes has 11 institutional investors and 7 angel investors.

Here is the list of recent funding rounds of Toku Eyes:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 17, 2023
7573548
Series A
9172121
1379600
5491504
6217981
Jun 29, 2021
4108355
Seed
5605671
6300552
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Toku Eyes' founders and board of directors

Founder? Claim Profile
The founders of Toku Eyes are David Squirrell and Ehsan Vaghefi. Ehsan Vaghefi is the CEO of Toku Eyes.
Here are the details of Toku Eyes' key team members:

Toku Eyes' employee count trend

Toku Eyes has 21 employees as of Jun 26. Here is Toku Eyes's employee count trend over the years:
Employee count trend for Toku Eyes
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Toku Eyes's Competitors and alternates

Top competitors of Toku Eyes include Cassini, Diagnostear and Konan Medical. Here is the list of Top 10 competitors of Toku Eyes, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Toku Eyes
Toku Eyes
2018, Auckland (New Zealand), Acquired
Developer of AI-powered retinal image analysis for early disease detection. This company offers tools that analyze retinal images to identify indicators of various health conditions, including cardiovascular risk and chronic kidney disease. The technology utilizes artificial intelligence to provide non-invasive, real-time assessments, potentially enabling earlier diagnosis and intervention. The company's products are subject to varying regulatory approvals depending on the region.
$10.5M
56/100
2nd
Logo for Cassini
Cassini
2006, The Hague (Netherlands), Series A
Provider of corneal diagnostic solutions
$547K
53/100
3rd
Logo for Diagnostear
Diagnostear
2013, Tel Aviv (Israel), Public
Point-of-care diagnostic assay for Dry Eye Syndrome
$2.85M
45/100
4th
Logo for Konan Medical
Konan Medical
1947, Orange (United States), Unfunded
Diagnostic devices for Ophthalmology
-
-
42/100
5th
Logo for TearLab
TearLab
2003, San Diego (United States), Acquired
Developer of diagnostic tests for detecting hyperosmolarity
-
40/100
6th
Logo for Octlight
Octlight
2014, Lyngby (Denmark), Seed
Provider of non-invasive medical imaging light sources for eye diagnosis
$1.44M
37/100
7th
Logo for Pr3vent
Pr3vent
2017, San Francisco (United States), Series A
Provider of AI-based platform for ophthalmic conditions in newborns
$2.5M
37/100
8th
Logo for Shanggong Medical Letter
Shanggong Medical Letter
2014, Beijing (China), Series A
Provider of fundus screening and chronic disease management
$7.32M
37/100
9th
Logo for BioLight
BioLight
2005, Tel Aviv (Israel), Public
Diagnostics and therapeutics for ophthalmology
-
-
36/100
10th
Logo for Big Vision
Big Vision
2015, Suzhou (China), Series A
Provider of ophthalmology diagnosis and analysis systems
$8.52M
36/100
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Toku Eyes's Investments and acquisitions

Toku Eyes has made no investments or acquisitions yet.

Reports related to Toku Eyes

Here is the latest report on Toku Eyes's sector:

News related to Toku Eyes

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Media has covered Toku Eyes for a total of 2 events in the last 1 year.
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