What is Hi-Tech Optical?
Hi-Tech Optical is an American manufacturer specializing in prescription safety glasses and prescription dresswear. The company offers a wide array of eyewear and safety frames, catering to both individual consumers and corporate clients. Hi-Tech Optical is recognized for its ANSI Compliant and COLTS Certified products, and its capability to manage high-volume contracts for military, government, educational, and institutional sectors. By manufacturing glasses in-house within their own optical lab, the company aims to provide cost and time efficiencies to its customers.
How much funding has Hi-Tech Optical raised?
Hi-Tech Optical has raised a total of $365K across 2 funding rounds:
Debt
$150K
Debt
$215K
Debt (2020): $150K with participation from PPP
Debt (2021): $215K led by PPP
What's next for Hi-Tech Optical?
The substantial capital infusion, particularly the recent strategic investment, signals Hi-Tech Optical's readiness for significant scaling and technological advancement. This backing is likely to fuel further innovation in their product lines, enhance manufacturing capabilities, and potentially expand their market reach. The company's focus on corporate safety eyewear programs and its established relationships with large institutions suggest a strategic direction towards solidifying its B2B presence while continuing to serve its diverse customer base.
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