Indizen Optical Technologies
A global leader in ophthalmic technology providing advanced digital lens design software, photochromic materials, and disruptive additive manufacturing systems for prescription lenses.
- CEO / Founder
- Daniel Crespo
- Team Size
- 51-200
- Stage
- Acquired
- Total Funding
- Undisclosed
- Latest Round
- Acquired
- Key Investors
- Younger Optics, Complutense University of Madrid
Technology & Products
Key Products
Digital Lens Design Software (e.g., Camber Steady Plus, Endless Steady, MyoLess), Light-Form (Additive Manufacturing/3D Printing System for lenses), IOT Neochromes (Light-activated/photochromic lens technology), Digital Ray-Path 2 (Advanced lens calculation technology), Technical, Business, and Marketing Consulting Services for Labs
Technological Advantage
Proprietary 'Digital Ray-Path' technology optimizes vision across the entire lens surface; business model focuses on being a 'partner, not a competitor' by enabling labs to create their own premium lens brands.
Differentiation
Value Proposition
Empowers optical labs to produce high-performance, customized prescription lenses using proprietary algorithms and additive manufacturing, reducing material waste and inventory while improving visual acuity.
How They Differentiate
IOT operates on a 'partner, not competitor' model, providing independent labs with proprietary 'Digital Ray-Path 2' algorithms and the 'Light-Form' additive manufacturing system to create their own premium brands rather than selling a finished lens product.
Market & Competition
Target Customers
Independent optical laboratories, global lens manufacturers, and high-end retail optical chains.
Industry Verticals
Ophthalmic Optics, Medical Devices, Additive Manufacturing, Vision Care
Competitors
Horizons Optical; Luxexcel (Meta); Shamir Optical Industry; Crossbows Optical
Growth & Milestones
Growth Metrics
Presence in 60+ countries; partners with over 400 independent optical laboratories worldwide; estimated annual revenue between $30M - $60M.
Major Milestones
Founded in 2005 as a spin-off from the Complutense University of Madrid., Appointed Carolina Gago as General Manager in 2010 to lead global scaling., Acquired by Younger Optics (Majority Stake) in 2018 to strengthen global distribution., Launched 'Light-Form' in 2023, the first commercially viable additive manufacturing system for prescription lenses., Developed 'Digital Ray-Path 2', a breakthrough in lens calculation technology that accounts for the eye's accommodative power.
Notable Customers
Walman Optical; Pech Optical; Optiswiss; Independent Lens Specialists (ILS)