Pair Eyewear Raises $75 Million in Funding, Plans Growth Abroad

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.

Management plans to use the capital to begin expanding distribution abroad, augment its new manufacturing facilities and enter physical retail stores through partnerships and shop-in-shops. Pair’s eyeglasses and sunglasses have thus far only been sold direct-to-consumer on ...