About Warby Parker
Warby Parker is a lifestyle brand that offers designer eyewear while being a socially conscious business.
Headquarters
Warby Parker, New York
Founded
2010-01-01
Industry
E-Commerce, Fashion, Retail
Last Funding Type
Post Ipo Debt
Valuation
20
Total Funding
$655.50 million dollars
IPO Status
Public
Financial
Warby Parker reported a 16.3% revenue growth in Q1 and a 12% revenue growth in 2023. The company also grew its ecommerce sales while expanding its physical-store business. Despite these positive trends, Warby Parker experienced pressured margins in Q4 and missed EPS expectations for the full year 2023. The company raised its guidance, which led to a rise in its stock price. Additionally, Warby Parker is expected to break even in the near future.
Warby Parker is researching a system and method for predicting fit quality for head wearable devices. This involves a processor and memory system that uses a user interface generator to receive user requests and a population engine to analyze fit quality. This research aligns with Warby Parker's focus on providing well-fitting designer eyewear, enhancing customer satisfaction through precise fit prediction technology.
Warby Parker is researching a system and method for predicting fit quality for head wearable devices. This involves a processor and memory system that uses a user interface generator to receive user requests and a population engine to analyze fit quality. This research aligns with Warby Parker's focus on providing well-fitting designer eyewear, enhancing customer satisfaction through precise fit prediction technology.
Funding Rounds
10
Number of Lead Investors
5
Total Funding Amount
$655.50 million dollars
Number of Investors
36