Prescription Eyewear Provider Brillen.de Raises €45M in Funding

logo_brillen_de_grossSuperVista, the Wildau, near Berlin-based parent company of Brillen.de, a multi-channel provider of prescription eyewear in Germany, raised €45m in funding.

Technology Crossover Ventures (TCV), which provides growth equity for both private and public technology companies in the US, Europe and internationally, provided the financing. Concurrent with the funding, John Doran, Principal at TCV, as well as Simon Breakwell, Venture Partner at TCV, joined Brillen.de’s supervisory board.

The company intends to use the funds to expand its executive team and enter new markets beyond Germany, Austria, Spain (Gafas.es) and the UK (Specsfactory.co.uk), where it currently operates.

Launched in 2012 by Matthias Kamppeter, his wife Christine Kamppeter, and Daniel Thung, Brillen.de sells prescription eyewear online to consumers and leverages a large distribution network of more than 700 affiliated traditional opticians across Germany, Austria, England and Spain.
The company currently has about 100 employees.

FinSMEs

07/07/2016

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