Warby Parker Valued at $1.2bn

Warby Parker, a vertical commerce eyewear company, announced a $100m round of funding today. The raise was led by T. Rowe Price and values the company at $1.2bn. Wellington Management and previous backers Tiger Global and General Catalyst also invested in the round. Warby Parker has raised a total of $215m and has more than doubled its valuation since its last funding round in December 2013.

Warby Parker is a member of the Triton Research IPO Watchlist, a continuously updating database of companies we expect to either IPO or be acquired. The current IPO Watchlist is comprised of 104 companies organized by investment theme.