Ivory Coast-based eyecare startup Lapaire secures $3 million in equity funding for expansion.
Founded in 2018, Lapaire delivers a trusted and accessible eyecare experience, offering stylish, quality eyeglasses at fair prices through a one-stop-shop customer-centric approach.
To date, Lapaire has conducted eyesight tests for over 300,000 individuals, positively impacting the lives of 180,000. Operating 58 branches in six African countries – Ivory Coast, Togo, Benin, Mali, Burkina Faso, and Uganda.
Over the last few years, we worked hard to build a highly scalable model, and we are now in the best position to accelerate our growth to positively impact the life of one million people across the continent by 2026
Jerome Lapaire, founder and CEO of Lapaire
Lapaire’s recent $3 million funding round, led by Investisseurs & Partenaires (I&P) and supported by AAIC, FINCA Ventures, and Beyond Capital, will fuel the expansion into current and new African markets. The funds will also be utilized to optimize operations, with a goal of establishing 300 new eye care centers across Africa.
“Over the last few years, we worked hard to build a highly scalable model, and we are now in the best position to accelerate our growth to positively impact the life of one million people across the continent by 2026,” said Jerome Lapaire, founder and CEO of Lapaire.
