ReVision Optics Valuation, Funding & Investors

ReVision Optics is valued at $112M as of April 2013.

Last ReVision Optics valuation

$112M

Series E · Apr 2013

Last ReVision Optics funding round

$32M

Undisclosed stage · Nov 2016

Cumulative funding ReVision Optics raised

$102M

across 3 funding rounds

Key investors in ReVision Optics

  • Canaan Partners
  • Domain Associates
  • Johnson & Johnson Development Corporation
  • ProQuest Investments
  • InterWest Partners
  • RMI Partners

ReVision Optics Overview

About ReVision Optics

ReVision Optics is an ophthalmology company specializing in corneal inlays for presbyopia correction. The Liquid Vision Lens adjusts dynamically to focus on near and intermediate distances post-implantation. Surgeons implant the 2mm inlay in the cornea via femtosecond laser. Founded in 1996 and headquartered in Lake Forest, California, ReVision Optics targets patients over 45 seeking non-surgical vision restoration.


Founded

1996

HQ

United StatesChicago, IL

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

Valuation

$112M (Apr 2013)

ReVision Optics Valuation

ReVision Optics is currently valued at $112M, based on its Series E in April 2013.

The $15M round was led by ProQuest Investments, with participation from Canaan Partners, Johnson & Johnson Development Corporation, Domain Associates and RMI Partners.

ReVision Optics valuation by funding round

ReVision Optics valuation by funding round
DateStageValuation
Apr 2013Series E$112M

ReVision Optics Funding History

ReVision Optics has raised a total of $102M across 3 funding rounds.

ReVision Optics' first fundraising round was a $15M Series E in April 2013. The most recent completed round was a $32M undisclosed-stage round in November 2016.

ReVision Optics funding rounds

ReVision Optics funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Nov 2016Undisclosed stageJohnson & Johnson Development Corporation (lead); Canaan Partners; Domain Associates; ProQuest Investments; InterWest Partners$32M-ReVision Optics Inc., based in Lake Forest, California, develops implantable corneal devices for vision correction. In November 2016, the company raised $32 million in equity financing led by Johnson & Johnson Development Corporation, with participation from Canaan Partners, Domain Associates, InterWest Partners, and ProQuest Investments. The funds were intended to expand U.S. commercialization of its products. This round brought total funding to $131.7 million across five rounds. The company had approximately 85 employees at the time.
Jul 2013Series ECanaan Partners; Johnson & Johnson Development Corporation; Domain Associates; RMI Partners; ProQuest Investments; InterWest Partners$55M--
Apr 2013Series EProQuest Investments (lead); Canaan Partners; Johnson & Johnson Development Corporation; Domain Associates; RMI Partners$15M$112MReVision Optics develops corneal inlays, including the PresbyLens and later Raindrop near vision inlay, to treat presbyopia by improving near vision without reading glasses. The company, headquartered in Lake Forest, California, focuses on implantable solutions using biocompatible hydrogel materials inserted under the cornea surface. In April 2013, ReVision Optics raised $15 million in a funding round, achieving a $112 million valuation, with participation from investors including ProQuest Investments, Canaan Partners, Domain Associates, and others. This round built on prior financings, such as a $35 million raise in May 2010 led by ProQuest Investments. The funding supported US clinical trials for the PresbyLens, evaluating 400 patients over two years. Shortly after, in July 2013, the company closed a larger $55 million equity financing including returning investors Canaan Partners, ProQuest Investments, InterWest Partners, Domain Associates, and new investors Johnson & Johnson Development Corporation and RusnanoMedInvest. Proceeds funded the FDA pre-market approval process for the Raindrop inlay and international commercialization, including a deal with NovaMedica for Russia and CIS markets.

Who has invested in ReVision Optics?

6 investors have backed ReVision Optics across its funding rounds, including Canaan Partners, Domain Associates, Johnson & Johnson Development Corporation, ProQuest Investments, InterWest Partners and RMI Partners.

Lead investors include Johnson & Johnson Development Corporation and ProQuest Investments.


ReVision Optics Investors

Investors in ReVision Optics by funding rounds participated
InvestorHQRoundsRoleFirst check
Canaan PartnersUnited StatesUnited States3ParticipantApr 2013
Johnson & Johnson Development CorporationUnited StatesNew Brunswick, NJ3LeadApr 2013
Domain AssociatesUnited StatesSan Diego, CA3ParticipantApr 2013
ProQuest InvestmentsUnited StatesPrinceton, NJ3LeadApr 2013

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ReVision Optics Competitors

ReVision Optics competitors include listed companies like Guerbet, electroCore and MaxCyte, and private ones like SOFIE, Sonologi and Pandorum Technologies.

Public and private companies comparable to ReVision Optics
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
GuerbetFranceFrancePublicly listed$920M($34M)$107M0.5x
electroCoreUnited StatesUnited StatesPublicly listed$32M($12M)$103M2.6x
MaxCyteUnited StatesUnited StatesPublicly listed$33M($47M)$123M1.1x
SOFIEUnited StatesLos Angeles, CAPrivate--$100M-
SonologiUnited StatesSan Francisco, CAPrivate--$93M-
Pandorum TechnologiesIndiaBangalorePrivate--$91M-

ReVision Optics Public Comps

ReVision Optics is still privately-owned, but its public comps include Optiscan Imaging, Laxmi Dental, Vivani Medical, Emvision, Episurf Medical, Cumberland, Guerbet, C-Rad, Sedana Medical and electroCore.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Optiscan Imaging$319K($5M)320.5x-(20.2x)-
Laxmi Dental$28M$4M3.8x3.4x25.7x19.1x
Vivani Medical-($26M)--(4.1x)-
Emvision$6M($6M)15.6x17.3x(17.1x)(14.8x)
Episurf Medical$1M($5M)98.4x-(26.7x)-
Cumberland$45M$2M2.4x-43.4x-
Guerbet$920M($34M)0.5x0.5x(13.1x)5.5x
C-Rad$45M$3M2.3x2.2x39.0x12.3x

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Common questions about ReVision Optics

When was ReVision Optics founded?ReVision Optics was founded in 1996.
Where is ReVision Optics headquartered?ReVision Optics is headquartered in Chicago, IL, United States.
Is ReVision Optics publicly listed?No, ReVision Optics is a private, VC-backed company.
What is ReVision Optics' valuation?ReVision Optics was last valued at $112M in its Series E in April 2013.
How much funding has ReVision Optics raised?ReVision Optics has raised $102M across 3 funding rounds.
What was ReVision Optics' last funding round?ReVision Optics' last funding round was a $32M undisclosed-stage round in November 2016, led by Johnson & Johnson Development Corporation.
Who are ReVision Optics' investors?ReVision Optics' investors include Canaan Partners, Johnson & Johnson Development Corporation, Domain Associates, ProQuest Investments, RMI Partners and InterWest Partners.
Which companies are comparable to ReVision Optics?Companies comparable to ReVision Optics include Guerbet, electroCore, MaxCyte, SOFIE, Sonologi and Pandorum Technologies.

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