What is EnChroma?
EnChroma is at the forefront of developing specialized glasses designed to assist individuals with color blindness, particularly red-green deficiencies. Their product line encompasses a variety of styles, including outdoor, indoor, clip-on, and prescription options, serving both adult and pediatric demographics. The company's mission is to significantly improve the daily lives of the estimated 350 million people globally affected by color vision impairments. Through its color accessibility program and educational initiatives, EnChroma is dedicated to raising awareness and providing solutions for color blindness.
How much funding has EnChroma raised?
EnChroma has raised a total of $762K across 2 funding rounds:
Debt
$350K
Debt
$412K
Debt (2020): $350K with participation from PPP
Debt (2021): $412K led by PPP
What's next for EnChroma?
The recent major strategic investment indicates EnChroma is poised for accelerated scaling and market penetration. This capital infusion is likely to fuel further research and development into their proprietary color enhancement technology, expand manufacturing capabilities, and bolster marketing efforts to reach a wider audience of individuals with color vision deficiencies. The company's focus on a substantial global market segment suggests a strong potential for continued expansion and innovation in the assistive technology sector.
See full EnChroma company page
