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Innovative Eyewear, Inc.

Public

Innovative Eyewear Inc

Beauty & Fashion · Fashion & Apparel · Miami, FL · Founded 2019

Prescription Smartglasses with Voice-controlled Social Media App

Post-money valuation ⓘ
$20.2M
As of Sep 2021 · from Reg CF Offering (2021) · pre-money + amount raised, not a traded price
Total raised
$1,149,104
Across 2 rounds since 2020
Latest share price
$71.20
Reg CF · Common Stock · Jul 2021 offering price · in today's shares

Financials

FY2018–FY2025 · from SEC filings · hover any figure for its source
$0
2018
$0
2019
$46K
−$386K
2020
$691K
−$3.2M
2021
$660K
−$5.7M
2022
$1.2M
−$6.7M
2023
$1.6M
−$7.8M
2024
$2.7M
−$7.6M
2025
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2018
FY2019 reviewed
FY2020
FY2021 audited
FY2022 audited
FY2023 audited
FY2024 audited
FY2025 audited
Income statement
Revenue
$0
$0
$46,269
$690,670
$659,788
$1,152,479
$1,636,440
$2,661,669
Cost of goods sold
$0
$0
$88,964
$542,416
$716,077
$1,271,808
$1,421,250
$2,094,218
Gross margin
—
—
-92%
21%
-9%
-10%
13%
21%
Net income
$0
$0
-$386,330
-$3,244,506
-$5,681,833
-$6,663,428
-$7,766,515
-$7,591,189
Taxes paid
$0
$0
$0
—
—
—
—
—
Balance sheet
Cash
$0
$0
$25,108
$79,727
$3,591,109
$4,287,447
$2,628,987
$6,511,036
Accounts receivable
$0
$0
$0
$43,394
$110,258
$93,211
$107,918
$142,152
Total assets
$0
$0
$441,832
$824,317
$4,689,884
$6,218,762
$9,838,309
$10,139,933
Short-term debt
$0
$0
$334,039
—
—
—
—
—
Long-term debt
$0
$0
$0
—
—
—
—
—
Total liabilities
$0
$0
$334,039
$616,801
$665,455
$659,936
$743,168
$1,073,794
Other
Headcount
—
4
4
—
—
—
—
—

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$3.8M
pre-money
$20.0M
pre-money
Reg CF · Common · Jun 2020
Reg CF · Common · Jul 2021

Blue bars are the pre-money valuation the company stated for a priced round.

Share price over rounds

$71.20$35.60$20.00
Jun 2020Jul 2021
Round offering price or verified disclosed saleDisclosed sale, unverified or year-only

“Today's shares” restates every price in the share terms current now, so a price before a split or an LLC→corporation conversion is divided by that event's ratio (each event is cited on the round page). Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.

Cap table

Share counts as of Jun 30, 2026
ClassOutstandingVotes / shareShare of totalLast price
Common stock6,405,728—100.0%$71.20Jul 2021

Shares outstanding over timein today's share terms

6.4M3.2M0
Jun 2022Jun 2026
Common stockSplit / conversion

Sold to the crowd

  • Reg CF · Jun 202052,680 shares at $20.00 in today's terms · sold as 1,053,596 shares at $1.00; since then a 1-for-20 reverse split (Jul 2024)$1.1M· 4,094 investors
  • Reg CF · Jul 20211,341 shares at $71.20 in today's terms · sold as 26,828 shares at $3.56; since then a 1-for-20 reverse split (Jul 2024)$95.5K· 240 investors

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Raised $95.5K / $500KInvestors 240Post-money $20.2M
Raised $1.1M / $1.1MInvestors 4,094Post-money $4.8M

Team

10 people
David Eric CohenFounder
CTO & Cofounder

David’s background is in web development and coding. He operates the digital presence of the brand and heads our software development efforts. M.S. in Advanced Technical & Information Systems Management, Hadassah University. B.S. in Computer Technology Management, Academy of Bordeaux. He is employed to grow the Lucyd brand full-time, but also runs a web development consultancy. He spends about 35 hours per week on Innovative Eyewear.

Harrison GrossFounder
CEO, Director & Cofounder

Harrison’s background is in tech marketing and brand development, and he drives the Innovative Eyewear brand story, user experience and product development. Columbia University graduate. He works at Innovative Eyewear full-time, 40+ hours per week. Creator of the Lucyd brand and Vyrb app.

Konrad Dabrowski, CPAFounder
CFO, Acting Secretary & Cofounder

Konrad’s experience is in financial management, as an auditor for Deloitte, Accounting Manager for RBI, and Group Financial Controller for Tekcapital plc. M.S. in Finance & Accounting from the Warsaw School of Economics. Roughly half of his time is spent on Innovative Eyewear, and the rest on Tekcapital and Salarius. This would be about 20 hours per week.

Frank Rescigna
VP of Sales

Frank is a career eyewear professional with over 30 years of experience in the industry, both in wholesale and retail. He has led several leading eyewear brands and distributors in the US and abroad, as President and CEO of Viva Eyewear and Marcolin USA. At Viva, he oversaw development of Guess Eyewear into a $100m+ annual brand in the US, and was then hired by Guess Inc. to lead their accessories licensing division. Frank is also an optician and is helping the Lucyd brand capture the North American eyewear market.

Alex Rivera
Graphic Designer & Photographer

Alex is a photographer with over 15 years of experience. His work has been published worldwide. He has worked on multiple Ad Campaigns including brand lookbooks, billboards, web media and has worked with multiple celebrities. Alex keeps Lucyd updated with high end images to use for social media, web content, and marketing ad campaigns.

Calvin Peters
Ecommerce, Content & Social Growth Manager

Calvin is a multi-faceted communications professional with over 20+ years of experience in Public Relations, Marketing and Digital Communications. He most recently led PR localization, Digital Communications and Influencer Marketing teams for the Walgreens Boots Alliance; the first global pharmacy-led, health and wellbeing enterprise. His strategy is laser-focused on increasing positive brand sentiment, owning media narratives and overall SOV through PR, Marketing and Digital leadership expanding into the fashion and retail industries for brands such as Lugz Footwear & Apparel and Southpole. He works full time at Innovative Eyewear, 40+ hours per week.

Clifford Gross, Ph.D., MBA
Ergonomics Advisor

Dr. Gross is our ergonomics advisor. He has many years of experience in developing ergonomic products that have been successful in the market including the Black & Decker DeWalt cordless professional drill, Logitech ergonomic mouse, Knoll Parachute chair, and more. Dr. Gross is a frequent contributor to the company, offering technology guidance and commercialization support on a daily basis. He spends roughly 10 hours a week on Innovative Eyewear.

Helen Maschmeyer
Community Manager

Helen brings diverse experience in sales and app development to the team. In addition to sales experience at Tesla's King of Prussia location, she built ecommerce systems and planned content and marketing initiatives for the Paula Hian fashion brand. She has developed several apps, including a companion app for the popular Dungeons & Dragons tabletop game. She works full time at Innovative Eyewear, supporting our customer experience and lead app developers.

Kenneth Strominger
Sales Director - Electronic&Sports

Ken is an experienced electronics marketer who has generated millions in sales on numerous fitness tech and hearables products, and in licensing. He helped secure $400m in sales via licensing deals for Iron Man-branded products. He also brought the Yurbuds headphones lines to $2m in annual sales and placed the product in leading sporting goods outlets, including Dick's, the largest sporting goods chain in the US. He also brings experience in the eyewear industry as he helped launched NanoGriptech Nosepads. Ken is helping Lucyd bring our eyewear into sports and electronics sales channels.

Show 1 more person
Kristen Mclaughlin
Kristen is a new addition to Innovative Eyewear's board of directors, and is supporting our growth in the optical industry, as well as informing our product development process.

Kristen has a distinguished career in the optical industry where she has served as director of marketing for Silhouette International and brand manager for Daniel Swarovski Crystal Eyewear. In 2017, Kristen was honored as one of the most influential woman in eyewear by Vision Monday, a leading publication in the ophthalmic industry. She spends roughly 5 hours per week on Innovative Eyewear.

Names and titles as disclosed on StartEngine, SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not requiredBecame a public company

Filed 1 of 6 annual reports (FY2020–FY2025)

4,094 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

  • Form 10-QAug 14, 20260001829126-26-008847
    EDGAR
  • Form 10-QMay 14, 20260001829126-26-005226
    EDGAR
  • Form 10-KMar 25, 20260001829126-26-002695
    EDGAR
  • Form 10-QNov 13, 20250001829126-25-009128
    EDGAR
  • Form 10-QAug 14, 20250001829126-25-006313
    EDGAR
  • Form 10-QMay 13, 20250001829126-25-003623
    EDGAR
  • Form 10-KMar 24, 20250001829126-25-002025
    EDGAR
  • Form 10-QNov 12, 20240001829126-24-007427
    EDGAR
Source: ManualCIK 0001808377FLShare price $3.56

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.