News

Johnson & Johnson Acquires Subscription-based Contact Lens Startup Sightbox

09/19/17 -- GeekWire

Only two months after raising a $2.4 million funding round, Sightbox has been acquired.

The Portland-based startup just sold to healthcare giant Johnson & Johnson and its Vision Care operating company. Terms of the deal were not disclosed; Sightbox will continue operating as a separate business.

Founded in 2015 by CEO Travis Rush, Sightbox sells contact lenses with a membership model that charges users $39 each month for an annual eye appointment and contact lens fitting, along with a 12-month supply of contact lenses of their choice. The monthly membership fee is the same price regardless of what kind of contacts a member orders, or where they get their eye exam. The company also books appointments and fills prescriptions for members.

Sightbox Raises $2.4M to Grow Contact Lens and Eye Exam Membership Program

07/20/17 -- GeekWire

Sightbox, a Portland, Ore.-based startup offering an annual membership for eye exams and contact lenses, has raised $2.4 million in new funding to grow the service.

The new round brings the company’s total funding to $4.2 million. Investors in the round include Rogue Venture Partners, Portland Seed Fund, Jumpstart Foundry, Vista River Healthcare, G Ventures and Irish Angels, along with individual angel investors from around the U.S.

Chicago-based video interview startup RIVS snaps up a competitor

01/05/17 -- Chicago Tribune

Sifting through hundreds or thousands of resumes for a single job opening can be an expensive and time-consuming nightmare for a growing company.

Chicago-based startup RIVS aims to speed up that interview process with technology. It announced Thursday that it has acquired competitor InterviewStream.

Funding Chicago Innovation: A Look At Windy City Startup Investors

12/21/16 -- Mattermark

In the third installment of a four-part series on Chicago, we take a look at some of the angels and VCs that are funding Chicago’s future.

5 reasons picking an investor is about more than the money

10/14/16 -- Built In Chicago


For those who follow the startup scene closely, it can be easy to get caught up in how much money a company is raising. But where the funding comes from can be just as important as the amount, because seasoned investors have a lot more to offer.

“Money is just money,” said MATH Venture Partners Managing Director Mark Achler. “The real value-add is our experience in scaling companies.”

Achler said that while having enough capital to get off the ground is important, it’s not the only, or even necessarily the biggest, challenge startups face. We spoke with investors and staff members at five Chicago-based investor groups to learn more about the ways in which investors set their portfolio companies up for success.


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