How Much Did Optometric Associates Raise?
Funding & Key Investors

Optometric Associates has secured significant capital, with a total funding amount of $379K and a recent strategic investment of $229K. This latest round, dated January 25, 2021, signifies a major strategic investment, underscoring the company's established position in the market. The company's funding history, primarily consisting of debt financing, indicates a focus on operational growth and stability over its operational lifespan.

What is Optometric Associates?

Optometric Associates
Hospitals & Physicians ClinicsMedical Practice ManagementHealthcare Services

Optometric Associates is a long-standing provider of comprehensive eye care services, boasting over 60 years of dedicated service to the Lewiston-Auburn area. The company distinguishes itself with a commitment to exceptional patient care, delivered by an experienced and friendly staff. Complementing its clinical services, Optometric Associates features an on-site optical dispensary and laboratory, enabling efficient and high-quality vision correction solutions through both spectacles and contact lenses. This integrated approach ensures a seamless patient experience from diagnosis to prescription fulfillment.

How much funding has Optometric Associates raised?

Optometric Associates has raised a total of $379K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$229K

Debt (2020): $150K with participation from PPP

Debt (2021): $229K led by PPP

What's next for Optometric Associates?

The recent major strategic investment of $229K positions Optometric Associates for continued expansion and enhancement of its service offerings. As a company with a deep-rooted history and a comprehensive, integrated model for eye care, this capital infusion is likely to support further technological advancements in diagnostics and treatments, as well as potential expansion of its physical presence or service reach within the Lewiston-Auburn region. The company's trajectory, marked by consistent operational financing, suggests a strategic focus on sustainable growth and reinforcing its market leadership in quality vision care.

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Frequently Asked Questions Regarding Optometric Associates Financial Insights

What are the most recent funding rounds that Optometric Associates has completed, and what were the funding rounds?
Optometric Associates has recently completed 2 funding rounds: Debt on Jan 25, 2021, Debt on Apr 5, 2020.
What is the total amount of funding Optometric Associates has raised to date?
Optometric Associates has raised a total of $379K in funding to date.
How many funding rounds has Optometric Associates completed?
Optometric Associates has completed 2 funding rounds.
How much funding did Optometric Associates raise in its most recent funding round?
Optometric Associates raised $229K in its most recent funding round.
Who are the lead investors in Optometric Associates's latest funding round?
The lead investor in Optometric Associates's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Optometric Associates's history?
The largest funding round in Optometric Associates's history was $229K.
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