VisionSpring
VisionSpring
Affordable access to eyewear everywhere
Human health & social work | India | Disease Specific Prevention and Mitigation |
Profile Provided By: Company Website
Overview
VisionSpring an international social enterprise was founded in 2001 with a mission to broaden access to affordable eyewear everywhere. We establish market access to eyeglasses and vision correction for people living in poverty so that they may enhance their livelihoods learning and quality of life. To date VisionSpring has sold nearly three million pairs of glasses to low income consumers living in emerging and frontier markets and is working to reach 10 million pairs by the symbolic year 2020.As a social enterprise social change motivates us first. Our focus on sales and revenue targets serves and advances our mission objective to correct refractive error with eyeglasses so that low income consumers may experience improved functioning productivity and income earning potential on a sustained basis. We are working to transform the systemic dysfunction of the optical market which has failed to deliver a 700 year old technology to 644 million consumers who earn less than $4 a day. We serve low income consumers not as beneficiaries but as customers. Our customers expect a high quality affordable product and are willing to spend limited discretionary income for the immediate and tangible benefits of vision correction. Organizationally we are a hybrid. We are a registered 501(c)3 non profit and a Private Limited Company (PLC). We earn revenue and supplement it with contributed income. We hire change makers and pay bonuses and commissions. We run our business on both sales metrics and social impact measures. We exploit a range of organizational forms and practices to get the job done.
Industry |
Legal Structure |
Operating Status |
Employees |
Human health & social work | Hybrid | Operating | 51 - 200 employees |
Funding and Financing Rounds
2014 / Seed / Other / Equity
Jan 19, 2006 / $100K / Other
Jan 1, 2006 / Other
Team
Impact
Geographies:
Social Objectives:
Environmental Objectives:
Operational Impact:
- Social Policies and Performance
Impact Reports & Metrics
Offices
Headquarter
505 8th Avenue Suite 12A-07
New York, New York 10018
United States of America
International Location-India
B-152, 3rd Floor, Sector 6,
Noida, 500009
India