Eyewa raised a $21 million Series B from several investors, including Nuwa Capital and Endeavor Catalyst, in 2021 to scale this effort, and since then, it has grown to 150 stores, all wholly owned and operated — no franchises. The startup, which now employs 1,300 people, claims to be the largest eyewear brand in Saudi Arabia by store count and the fastest-growing eyewear retailer globally.
To put this growth into perspective: global benchmarks like Warby Parker took seven years to grow from their first store to 100, and Lenskart in India took about six years to achieve the same milestone.