Online optician Mister Spex has raised over 65 million euros in an equity round led by the Büll Family Office. With the fresh funding, the German company wants to accelerate its international growth and expand its retail network.
Mister Spex already has 11 own stores across Germany, but the online optician is looking to expand its network of brick-and-mortar stores. For services like eye tests and glasses adjustments, Mister Spex already partners with over 500 local opticians in Germany, Austria, Switzerland, the Netherlands and Sweden.
More stores, internationalization and investing in logistics
“The continued success achieved over the past year yet again underlines how our business model has changed the whole eyewear sector”, founder and co-CEO Dirk Graber said. “The current financing round will enable us to invest in further growth, and we have established three clear strategic priorities: further expansion of our retail store network, internationalization and additional investment into logistics.
11 physical stores, 10 online stores
Büll Family Office, which led the equity round, has a long-standing experience in commercial real estate and founder Albert Büll says they will actively support Mister Spex with the expansion of their own store network. Currently, Mister Spex has online shops in ten countries across Europe.