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Eyewa raises undisclosed funding round from General Atlantic for expansion and growth.

May 16, 2024over 1 year ago
DubaiRetailFashionE Commerce

Investors

General Atlantic

Description

Eyewa, a leading Dubai-based eyewear startup, has raised an undisclosed funding round from General Atlantic to support its expansion and growth. Eyewa has experienced substantial growth since its previous $21 million Series B funding round in 2021, and has expanded its network of stores to over 120, with nearly 100 stores in Saudi Arabia.

Company Information

Company

Eyewa

Location

Dubai, Dubai, United Arab Emirates

About

Eyewa is a Dubai-based eyewear startup founded in 2017 by Mehdi Oudghiri and Anass Boumediene. It has grown to become the Middle East’s largest online eyewear retailer, offering a wide range of eyewear products through its website, mobile apps, and retail stores.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers