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
- Carolina Gago
- Team Size
- 170-200
- Stage
- Acquired
- Total Funding
- Undisclosed
- Latest Round
- Acquired
- Key Investors
- Younger Optics, Complutense University of Madrid (UCM)
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)