Innovative Eyewear

Innovative Eyewear

Early Stage

Prescription Smartglasses with Voice-controlled Social Media App

Prescription Smartglasses with Voice-controlled Social Media App

Overview

Raised this Round: Raised: $1,069,946

Total Commitments ($USD)

Platform

StartEngine

Start Date

06/29/2020

Close Date

04/26/2021

Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$3,750,000

Year Founded

2019

Industry

Consumer Products, Goods & Services

Tech Sector

Hardwaretech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Location

North Miami, Florida

Business Type

Growth

Innovative Eyewear, with a pre-money valuation of $3.75 million, is raising funds on StartEngine. The company makes smart and affordable eyewear with Bluetooth capabilities. The wearers can talk on the phone, listen to music, and control mobile functions through voice assistants. The smart eyewear of Innovative Eyewear acts like headphones and glasses and works to provide digital connectivity in addition to vision correction. Innovative Eyewear was founded by Harrison Gross, David Eric Cohen, and Konrad Dabrowski in 2019. The current round of crowdfunding has a minimum goal of $10,000 and a maximum goal of $1,070,000, and the proceeds will be used to bring the eyewear in a lightweight format and launch the Vyrb social media app. Innovative Eyewear has a strong intellectual property portfolio with exclusive rights to 21 pending patents. The company has a three-year contract with NFL star Richard Sherman as the brand ambassador.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 06/29/2020
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Innovative Eyewear 09/23/2021 StartEngine $20,000,000 $163,886 Equity - Common Funded RegCF
Innovative Eyewear 04/25/2021 StartEngine $3,750,000 $1,069,946 Equity - Common Funded RegCF
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Innovative Eyewear on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $3,750,000
Price per Share: $1.00

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