Warby Parker Raises $100M in Funding; Valued at over $1BN

wpWarby Parker, a NYC-based online eyeglass retailer, raised $100m in a new round of funding.

The round, which reportedly valued the company at over $1 billion, was led by T. Rowe Price with participation from Wellington Management, and existing investors Tiger Global and General Catalyst.

The company, which has raised a total of $215m, intends to use the funds to continue to expand its chain of retail stores.

Led by Dave Gilboa, co-founder and co-chief executive, Warby Parker sells boutique-quality prescription eyewear and sunglasses starting at $95 through its website, at www.warbyparker.com, and at 12 stores and showrooms.



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