Simplifying Vision Exams with Eyebot: A Fast and Convenient Solution

Introduction

Many Americans wear glasses or contact lenses, but getting a vision exam can be time-consuming due to a shortage of eye care practitioners. However, a new startup called Eyebot aims to make this process faster and more convenient with its innovative technology.

How Eyebot Works

• Eyebot is a self-serve vision-testing terminal that can perform a vision exam in just 90 seconds.
• The system uses computer vision technology to scan a person's eyes and extract their eyeglass or contact lens prescription.
• While Eyebot cannot perform initial fittings of contact lenses, it can update existing prescriptions.

Founder's Background

• Eyebot's founder and CEO, Matthias Hofmann, previously worked on similar technology at a startup called EyeNetra.
• Hofmann realized the potential of fully automated vision exams that eliminate the need for complex processes.

Obtaining Eyebot-generated Prescriptions

• Eyebot-generated prescriptions are finalized by teledoctors within 24 hours.
• Consumers must pay $30 for an exam if they wish to purchase glasses from any retailer.
• The vision exam is free for consumers who buy glasses from Eyebot's partner brands.

Partnerships and Revenue Model

• Eyebot plans to partner with major eyeglass brands to place terminals in retail locations.
• Consumers can buy glasses directly from the brand through the Eyebot kiosk or their smartphone.
• The company will earn revenue by taking a commission on each sale made through the Eyebot terminals.

Funding and Expansion

• Eyebot recently secured a $6 million funding round led by AlleyCorp and Ubiquity Ventures.
• The capital will be used to expand Eyebot's presence to other geographies.

Conclusion

Eyebot offers a convenient solution for obtaining vision exams quickly and easily. By leveraging its innovative technology and partnerships with eyewear brands, Eyebot aims to streamline the process of getting prescriptions and purchasing glasses.