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
Investors
Ranked
1st among 45 active competitors
Employee Count
21 as on Jun 30, 2026
Exit Details
Acquired by Topconhealthcare (Oct 17, 2025)
Legal entities associated with Toku Eyes
Toku Eyes is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Toku Eyes Limited CIN: 6656034 , New Zealand, Active | Jan 18, 2018 | - | - |
Toku Eyes's acquisition details
Toku Eyes got acquired by Topconhealthcare on Oct 17, 2025.
Click here to take a look at Toku Eyes's acquisition in detail
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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 |
View details of Toku Eyes's funding rounds and investors
Toku Eyes' founders and board of directors
Founder? Claim ProfileThe 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:
- David Squirrell: Co-Founder of Toku Eyes.
- Ehsan Vaghefi: Co-Founder & CEO of Toku Eyes. Contact Info: 1 email address
View details of Toku Eyes's Founder profiles and Board 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | 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 | Cassini 2006, The Hague (Netherlands), Series A | Provider of corneal diagnostic solutions | $547K | 53/100 | |
3rd | Diagnostear 2013, Tel Aviv (Israel), Public | Point-of-care diagnostic assay for Dry Eye Syndrome | $2.85M | 45/100 | |
4th | Konan Medical 1947, Orange (United States), Unfunded | Diagnostic devices for Ophthalmology | - | - | 42/100 |
5th | TearLab 2003, San Diego (United States), Acquired | Developer of diagnostic tests for detecting hyperosmolarity | - | 40/100 | |
6th | Provider of non-invasive medical imaging light sources for eye diagnosis | $1.44M | 37/100 | ||
7th | Pr3vent 2017, San Francisco (United States), Series A | Provider of AI-based platform for ophthalmic conditions in newborns | $2.5M | 37/100 | |
8th | Shanggong Medical Letter 2014, Beijing (China), Series A | Provider of fundus screening and chronic disease management | $7.32M | 37/100 | |
9th | Diagnostics and therapeutics for ophthalmology | - | - | 36/100 | |
10th | Big Vision 2015, Suzhou (China), Series A | Provider of ophthalmology diagnosis and analysis systems | $8.52M | 36/100 |
Looking for more details on Toku Eyes's competitors? Click here to see the top ones
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
Media has covered Toku Eyes for a total of 2 events in the last 1 year.
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Topcon Healthcare Acquires Toku, Inc. to Expand Oculomics Reach in EyecareVision Monday•Oct 20, 2025•Topconhealthcare, Toku Eyes
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Topcon Healthcare Signs Definitive Agreement to Acquire Toku Inc.Eyewire•Oct 17, 2025•Topconhealthcare, Toku Eyes
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Toku's AI to Spot Chronic Kidney Disease Through the Eye Wins FDA Breakthrough NodMedical Product Outsourcing•Apr 30, 2024•Toku Eyes
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Toku Appoints Former Google Head of Cardiovascular Health as Chief Health OfficerBusiness Wire•Apr 02, 2024•Toku Eyes, Google
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Toku Obtains Ce And Ukca Markings For Ai Cardiovascular Risk Assessment Through The EyeBusiness Wire•Feb 05, 2024•Toku Eyes
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