Consumer

Snap-On Frame Maker Pair Eyewear Raises $75 Million in Funding, Plans Growth Abroad

Management plans to enter physical retail with shop-in-shops
The glasses seller is backed by NFL star Christian McCaffrey

Management plans to use the capital to expand distribution abroad, augment its manufacturing facilities and enter physical retail spaces. — Management plans to use the capital to expand distribution abroad, augment its manufacturing facilities and enter physical retail spaces.
Source: Pair Eyewear

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By Kim Bhasin

October 10, 2023 at 1:00 PM UTC

This article is for subscribers only.

Pair Eyewear Inc. is raising $75 million in funding as it ramps up production of its customizable glasses and prepares for international expansion.

The round was led by venture firm Prysm Capital and joined by New Enterprise Associates and Javelin Venture Partners. Early investor and NFL star Christian McCaffrey participated as well. It brings the company’s total funding to nearly $150 million.