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PowerVision, Inc. logo — Restoring True Vision for All Distances

PowerVision, Inc.

Restoring True Vision for All Distances

Founded 2002 United States Belmont, United States 13 employees Series D Total: $122.93M Biotechnology, Health Care

General Information

Company Name PowerVision, Inc.
Founded Year 2002
Location United States Belmont, United States
Employees 13
Industries Biotechnology, Health Care
Funding Stage Series D
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About PowerVision, Inc.

PowerVision, founded in 2002 and headquartered in the United States, is revolutionizing vision correction surgery with its groundbreaking accommodating intraocular lens, the FluidVision™ IOL. The company's mission, as reflected in its slogan "Restoring True Vision for All Distances," is to address the needs of over 20 million individuals in the U.S. affected by cataracts and more than 90 million dealing with presbyopia. The last recorded Series D investment of $10.00M in April 2016 involved notable firms such as Correlation Ventures, Venrock, and Aisling Capital. PowerVision's state-of-the-art FluidVision™ IOL aims to restore True Accommodation™, enabling individuals to effortlessly adjust focus for clear vision at varying distances. This innovative lens emulates the natural functioning of a healthy eye, utilizing a small amount of fluid and natural eye muscles to change shape and adjust focus, mirroring the way a healthy eye operates. Notably, the company's solution offers the potential to eliminate the need for glasses, contacts, or any other form of vision correction procedure. Half a century ago, the landscape of vision correction surgery was transformed by the invention of the intraocular lens, primarily used to treat cataracts. PowerVision aims to significantly enhance vision correction surgery outcomes with its pioneering technology. This aligns with the company's vision to restore clear vision across all distances, whether near or far, for individuals suffering from presbyopia and cataracts. With its innovative approach and substantial market potential, PowerVision continues to draw interest and support from prominent investors, positioning itself at the forefront of biotechnology and healthcare innovation.

Business keywords: Vision Correction, Eye Health, Intraocular Lens, Presbyopia, Cataracts, Medical Technology, Healthcare Innovation, Ophthalmology, Visual Impairment, Accommodating Lens, FluidVision, Vision Restoration, Innovation, Medical Startups

Funding Rounds & Investors (8)

View All
Funding Stage Amount Investors Lead Investors Date
Series D $10.00M 3
Correlation Ventures Venrock Aisling Capital
Correlation Ventures, Venrock +1
20 Apr 2016
Series D $30.00M 3
Correlation Ventures Venrock Aisling Capital
Correlation Ventures, Venrock +1
16 Jun 2014
Series D $20.00M 7
Correlation Ventures Venrock Advanced Technology Ventures
Correlation Ventures, Venrock +5
29 Jan 2014
Series C $12.50M 1
Johnson & Johnson Development Corporation
Johnson & Johnson Development Corporation
23 Jan 2012
Series C $24.00M 5
Venrock Advanced Technology Ventures Frazier Healthcare Partners
Venrock, Advanced Technology Ventures +3
15 Jul 2011
Series B $20.00M 3
Advanced Technology Ventures Frazier Healthcare Partners
Advanced Technology Ventures, Frazier Healthcare Partners +1
31 Dec 2007
Series A $2.00M 2
Frazier Healthcare Partners
Frazier Healthcare Partners, JPMorgan Partners
29 Mar 2006
Series A $4.43M 2
Frazier Healthcare Partners
Frazier Healthcare Partners, JPMorgan Partners
03 Jan 2005

PowerVision, Inc. Alternatives & Competitors

View All Alternatives
PowerVision, Inc. vs
Atia Vision
Atia Vision United States

Atia Vision is a portfolio company of Shifamed, LLC, a highly-specialized medical innovation hub foc...

Venture round
34 employees
Biotechnology, Health Care
Compare PowerVision, Inc. vs Atia Vision
PowerVision, Inc. vs
LENTECHS
LENTECHS United States

Developing a new generation of soft, suspended contact lens

Venture round
9 employees
Biotechnology, Health Care
PowerVision, Inc. vs
Refocus Group
Refocus Group

Pioneering groundbreaking medical solutions for vision disorders, with a focus on presbyopia treatme...

Biotechnology, Health Care
View all alternatives

FAQ About PowerVision, Inc.

Restoring True Vision for All Distances
PowerVision, Inc. was founded in 2002.
PowerVision, Inc. is headquartered in Belmont, United States.
PowerVision, Inc. operates in Biotechnology and Health Care. Its work centres on Vision Correction, Eye Health, Intraocular Lens and Presbyopia.
PowerVision, Inc. has approximately 13 employees.
PowerVision, Inc. has completed 8 funding rounds, raising a total of $122.93M. The latest funding stage is Series D.
Top alternatives and competitors to PowerVision, Inc. include Atia Vision, LENTECHS, Refocus Group, ReVision Optics, Restore Vision. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
PowerVision, Inc. and Atia Vision are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for PowerVision, Inc., https://bouncewatch.com/company/powervision, updated 2 December 2024. When citing, please name BounceWatch and link this page.

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