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Warby Parker Closes $41.5M Round

2013-03-01
NEW YORK, NY, Online eye wear retailer raised $41.5M from variety of investors, including J. Crew chief executive, Millard S. Drexler.
According to published reports, the online eye wear retailer is reported to have gained an additional investment from American Express and J. Crew chief executive Millard S. Drexler. The new investors went in alongside General Catalyst, Spark Capital, Tiger Global Management, Thrive Capital, Lerer Ventures and Menlo Ventures.

Warby Parker is an American company selling prescription eyeglasses and sunglasses. Warby Parker sells online only, and has a limited number of showrooms in the United States. By avoiding the overhead of physical stores, the company is able to lower the cost of its glasses by a significant amount; generally, to $95.
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