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Warby Parker Valued at $6 Billion

The eyewear retailer’s stock began public trading yesterday

Published

3 years ago

September 30, 2021

Warby Parker Valued at $6 Billion — Courtesy of Warby Parker

Warby Parker Inc. (New York) opened trading yesterday during its IPO at $54.05, giving the retailer a market value of about $6.1 billion, reports Business of Fashion.

The opening price was more than double what the shares traded for privately in April, per Warby Parker filings with the SEC. The retailer’s largest investors include Tiger Global Management, T. Rowe Price, General Catalyst, D1 Capital Partners and Durable Capital.

Warby Parker is a public benefit corporation, which mandates the company to focus on more than just financial performance. As part of that mission, it works with nonprofits to send donations of eyeglasses to people in more than 50 countries.

Jennifer Acevedo

Jennifer Acevedo is the editor-in-chief and associate publisher of VMSD magazine.

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